NOT LISTED FOR SALE

116 Lynne Ave King, NC 27021

Estimated Value: $216,000 - $257,000

3 Beds
1.5 Baths
1,200 Sq Ft
$195/Sq Ft Est. Value

Last Sold October 19, 2012

Last sale price $97,500 $81 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $1,434/month

1 Day on Market

Highlights

  • No HOA
  • Porch
  • Fenced

About This Home

As of October 2012

Perfect opportunity for first time home buyer. House in great condition. Fenced in back yard. Large living room. Eat in kitchen. Large open basement with room expansion. Convenient location only minutes from HWY 52. Bank of America Prequalification required on all offers. Sold as-is. Buyer to verify all systems.

Last Agent to Sell the Property

James Redden

Keller Williams Realty Elite License #205592 Listed on: 08/13/2012

Keller Williams Realty Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,214

Year Built

  • Built in 2001

Lot Details

  • 0.35

Parking

  • 2 Car Garage
  • Basement Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Porch
  • Fenced

Community Details

  • No Home Owners Association
  • Belmont Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 599109263856
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,214

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single
  • Prop. Type: Residential
  • Co List Office Mls Id: WPGP01
  • Co List Office Phone: 336-983-8774
  • Subdivision Name: Belmont Place
  • Directions: HWY 52 N to King exit 123, Left on to Main St, Right on to Newsome Rd, Left on to Sheraton, Right on Dixieland, Left on Lynne
  • Above Grade Finished Sq Ft: 1200
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 2001
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Water Heater: Electric
  • Has Basement: Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1200
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Fencing: Fenced
  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Basement
  • Garage Description: Basement Garage

Utilities

  • Sewer: Public
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 599109263856
  • Zoning: Residential
  • TRIADMLS_DeedPage: 2082
  • TRIADMLS_DeedBook: 630

Tax Info

  • Tax Annual Amount: 1213.68
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 1.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2012
Closed on
Aug 23, 2012
Sold by
Governement National Mortgage Associatio
Bought by
Cornett Sara
Seller's Agent
James Redden
Keller Williams Realty Elite
List Price
$99,000
Sold Price
$97,500
Premium/Discount to List
-$1,500
-1.52%
Current Estimated Value
$234,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,098
Avg. Annual Appreciation
6.37%
Original Mortgage
$87,500
Outstanding Balance
$61,925
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$154,314

Purchase Details

Closed on
Jul 3, 2012
Sold by
Reed John Alan and Bank Of America Na
Bought by
Governnent National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Outstanding Balance
$61,925
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$154,314

Purchase Details

Closed on
Jun 13, 2008
Sold by
Crouse Jeremy Russell
Bought by
Reed John Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,340
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2006
Sold by
Crouse Misty Watson
Bought by
Crouse Jeremy Russell

Purchase Details

Closed on
Mar 9, 2005
Sold by
North Carolina Housing Finance Agency
Bought by
Crouse Jeremy Russell and Watson Misty Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cornett Sara $98,000 None Available
Governnent National Mortgage Association $89,250 None Available
Reed John Alan $117,000 None Available
Crouse Jeremy Russell -- None Available
Crouse Jeremy Russell $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornett Sara $20,000
Open Cornett Sara $87,500
Previous Owner Reed John Alan $119,340
Previous Owner Cruse Jeremy R $91,000
Previous Owner Crouse Jeremy Russell $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2012 10/19/12 Sold $97,500 -1.5% $81 / Sq Ft
08/15/2012 08/15/12 Pending -- -- --
08/13/2012 08/13/12 For Sale $99,000 -- $83 / Sq Ft
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,996 $127,000 $25,000 $102,000
2023 $1,499 $127,000 $25,000 $102,000
2022 $1,435 $127,000 $25,000 $102,000
2021 $1,435 $127,000 $25,000 $102,000
2020 $1,253 $115,800 $22,500 $93,300
2019 $1,253 $115,800 $22,500 $93,300
2018 $1,253 $115,800 $22,500 $93,300
2017 $1,253 $115,800 $22,500 $93,300
2016 $1,230 $113,700 $22,500 $91,200
2015 $1,230 $113,700 $22,500 $91,200
2014 $1,214 $113,700 $22,500 $91,200
Source: Public Records

Agents Affiliated with this Home

  • James Redden

    Seller's Agent in 2012

    James Redden

    Keller Williams Realty Elite

    (336) 782-6291

    33 in this area

    84 Total Sales

    James Redden
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Map

Source: Triad MLS

MLS Number: 650563

Triad MLS

APN: 599109263856

North Carolina Stokes County King 27021

116 Lynne Ave, King, NC

This home is located at 116 Lynne Ave, King, NC 27021 since 13 August 2012 and is currently estimated at $234,598, approximately $195 per square foot. This property was built in 2001. 116 Lynne Ave is a home located in Stokes County with nearby schools including Old Richmond Elementary School, Northwest Middle, and North Forsyth High.

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