NOT LISTED FOR SALE

121 West Ln Winston Salem, NC 27107

Estimated Value: $105,000 - $176,000

2 Beds
1 Bath
900 Sq Ft
$148/Sq Ft Est. Value

Last Sold August 17, 2016

Last sale price $54,450 $60 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $781/month

69 Days on Market

Highlights

  • No HOA
  • Porch
  • Carpet
  • Cottage
  • Central Air

About This Home

As of August 2016

Super Cozy, 2 BR Cottage new Midway Elementary. Home qualifies for USDA Financing!
Has a new HVAC, recent 30year roof, new carpet. Home sits on large lot.

Last Listed By

Jerri Banner

Banner Team Properties Brokered by EXP Realty License #187266 Listed on: 05/31/2016

Banner Team Properties Brokered by EXP Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $474

Year Built

  • Built in 1955

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 123 x 165 x 109 x 119
  • Property is zoned RA3

Home Design

  • Cottage
  • Aluminum Siding
  • Vinyl Siding
  • Stone

Interior Spaces

  • 816 Sq Ft Home
  • 700-900 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Midway Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 13020A0000005000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$474

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.56
  • Lot Size: 123 x 165 x 109 x 119
  • Co List Office Mls Id: WATC02
  • Co List Office Phone: 336-722-0331
  • Subdivision Name: Midway Park
  • Directions: Hickory Tree Exit from Hwy 52 South. Turn Left . Turn Right on old 52, Left on Midway School Rd. Left on Gardner, Left on West Lane. House on the corner of Gardner and West Ln
  • Above Grade Finished Sq Ft: 816
  • Architectural Style: Cottage
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1955
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 816
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Construction Type: Aluminum Siding, Stone, Vinyl Siding

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 13020A0000005000
  • Zoning: RA3
  • TRIADMLS_PricePerAcre: 106964.2857
  • TRIADMLS_DeedPage: 2485
  • TRIADMLS_DeedBook: 2019
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 474
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 0.69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Grout Family Properties Llc
Total Days on Market
69
Current Estimated Value
$132,971

Purchase Details

Closed on
Jan 24, 2011
Sold by
Reese Joseph M
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jul 11, 2006
Sold by
Perryman Investments Llc
Bought by
Reese Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,866
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2005
Sold by
Chase Manhattan Bank
Bought by
Perryman Investments Llc

Purchase Details

Closed on
Sep 15, 2004
Sold by
Funderburk Michael E
Bought by
Chase Manhattan Bank

Purchase Details

Closed on
Nov 14, 2003
Sold by
Sowell Thirsten
Bought by
Funderburk Michael E

Purchase Details

Closed on
Dec 1, 1997

Range of Values:

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Average Value
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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
Grout Family Properties Llc -- None Available
Secretary Of Housing & Urban Development $73,613 None Available
Reese Joseph M $67,000 None Available
Perryman Investments Llc $35,000 None Available
Chase Manhattan Bank $48,000 --
Funderburk Michael E -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Grout Family Properties Llc $34,000
Previous Owner Reese Joseph M $65,866
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2016 08/17/16 Sold $54,450 -16.1% $78 / Sq Ft
08/09/2016 08/09/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $64,900 -- $93 / 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 $511 $72,070 $0 $0
2023 $519 $72,070 $0 $0
2022 $495 $72,070 $0 $0
2021 $495 $72,070 $0 $0
2020 $467 $67,950 $0 $0
2019 $474 $67,950 $0 $0
2018 $474 $67,950 $0 $0
2017 $474 $67,950 $0 $0
2016 $474 $67,950 $0 $0
2015 $474 $67,950 $0 $0
2014 $479 $69,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 796288

Triad MLS

APN: 13-020-A-000-0005-0-0-0