NOT LISTED FOR SALE

1240 Martin St Winston Salem, NC 27103

Ardmore Neighborhood

Estimated Value: $315,946 - $323,000

2 Beds
2 Baths
1,500 Sq Ft
$213/Sq Ft Est. Value

Last Sold April 27, 2018

Last sale price $160,000 $107 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $1,952/month

16 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Bungalow
  • Solid Surface Countertops
  • Second Washer
  • Forced Air Heating and Cooling System

About This Home

As of April 2018

This cute Ardmore bungalow is a perfect starter home! Refinished hardwood floors, updated kitchen with new appliances, granite countertops, and new cabinetry. Fresh paint thruout. Fenced backyard, too! Office has a closet and could be used as a third bedroom. W/D hookups are on the main level as well as basement. One car garage.

Last Agent to Sell the Property

Brenda Shoaf

Leonard Ryden Burr Real Estate License #163889 Listed on: 02/06/2018

Last Buyer's Agent

Eva Johns

Premier Sotheby's International Realty License #211960

Premier Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,765

Year Built

  • Built in 1952

Lot Details

  • 6,970 Sq Ft Lot
  • Fenced
  • Level Lot
  • Property is zoned RS7

Parking

  • 1 Car Garage
  • Basement Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,370 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Pull Down Stairs to Attic
  • Unfinished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Second Washer
  • Dryer Hookup
  • Second Dryer Hookup
  • Second Washer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Ardmore Subdivision

Listing and Financial Details

  • Assessor Parcel Number 682428643700
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,765

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Subdivision Name: Ardmore
  • Directions: Hawthorne Rd to Ebert, Left on Cherokee. House on corner of Cherokee and Martin.
  • Above Grade Finished Sq Ft: 1370
  • Architectural Style: Bungalow
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1952
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range
  • Flooring: Laminate, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Solid Surface Counter
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1370
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage, Basement
  • Garage Description: Basement Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: 2nd Dryer Connection, 2nd Washer Connection, Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Unknown

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 682428643700
  • Zoning: RS7
  • TRIADMLS_PricePerAcre: 1031250
  • TRIADMLS_DeedPage: 153
  • TRIADMLS_DeedBook: 721
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1764.73
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.3209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2018
Closed on
Apr 25, 2018
Sold by
Petree Howard G and Petree Betty Ruth
Bought by
Zheng Kenny
Seller's Agent
Brenda Shoaf
Leonard Ryden Burr Real Estate
Buyer's Agent
Eva Johns
Premier Sotheby's International Realty
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%
Current Estimated Value
$319,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,737
Avg. Annual Appreciation
9.55%
Original Mortgage
$140,000
Outstanding Balance
$120,913
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$191,309

Purchase Details

Listed on
Feb 6, 2018
Closed on
Apr 13, 2018
Sold by
Petree Betty Ruth and Estate Of Howard G Petree Sr
Bought by
Petree Howard G
Seller's Agent
Brenda Shoaf
Leonard Ryden Burr Real Estate
Buyer's Agent
Eva Johns
Premier Sotheby's International Realty
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$120,913
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$191,309

Purchase Details

Closed on
Jan 24, 1956
Bought by
Petree and Petree
Source: Public Records

Range of Values:

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Average Value
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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
Zheng Kenny $160,000 None Available
Petree Howard G -- None Available
Petree -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Kenny $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2018 04/27/18 Sold $160,000 -8.6% $133 / Sq Ft
02/23/2018 02/23/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $175,000 -- $146 / 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
2023 $2,517 $188,000 $57,200 $130,800
2022 $2,470 $188,000 $57,200 $130,800
2021 $2,426 $188,000 $57,200 $130,800
2020 $2,186 $158,300 $52,800 $105,500
2019 $2,202 $158,300 $52,800 $105,500
2018 $1,765 $133,600 $52,800 $80,800
2016 $1,644 $124,862 $57,600 $67,262
2015 $1,619 $124,862 $57,600 $67,262
2014 $1,570 $124,862 $57,600 $67,262
Source: Public Records

Agents Affiliated with this Home

  • Brenda Shoaf

    Seller's Agent in 2018

    Brenda Shoaf

    Leonard Ryden Burr Real Estate

    (336) 972-2076

    2 in this area

    23 Total Sales

    Brenda Shoaf
    Section Image

  • E

    Buyer's Agent in 2018

    Eva Johns

    Premier Sotheby's International Realty

    (336) 408-0507

    1 in this area

    78 Total Sales

    Eva Johns
    Section Image
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Map

Source: Triad MLS

MLS Number: 874065

Triad MLS

APN: 6824-28-6437

North Carolina Forsyth County Winston-Salem 27103 Ardmore

1240 Martin St, Winston-Salem, NC

This home is located at 1240 Martin St, Winston Salem, NC 27103 since 06 February 2018 and is currently estimated at $319,737, approximately $213 per square foot. This property was built in 1952. 1240 Martin St is a home located in Forsyth County with nearby schools including Bolton Elementary School, Wiley Magnet Middle School, and Reynolds High School.

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