NOT LISTED FOR SALE

1269 Grooms Rd Reidsville, NC 27320

Estimated Value: $200,000 - $228,000

2 Beds
2 Baths
1,100 Sq Ft
$190/Sq Ft Est. Value

Last Sold April 21, 2022

Last sale price $150,000 $136 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,178/month

14 Days on Market

Highlights

  • 5 Acre Lot
  • Attic
  • Vinyl Flooring
  • Wooded Lot
  • No HOA

About This Home

As of April 2022

Buyer's situation changed - here's your second chance! Picture it: You wake up Saturday morning to the sound of the family of birds singing in the Tulip Tree. You look outside and see the fire-red leaves of the Maple trees and notice the cherries on the trees are ready to be picked. You spend your afternoon tending to them and the other mature gardens - lucky you have two buildings for your tools! When you come inside, you put your home grown produce on the counter - you have plenty of room. After a satisfying meal, you decide tonight would be a good night to camp in your woods. You choose which trail on the property to follow and set up your tent. As you lie under the blanket of stars, surrounded by the sounds of the crickets and owls, you say to yourself, "I love this house."

Last Agent to Sell the Property

Tami Jones

Five Star Realty License #322904 Listed on: 02/27/2022

Last Buyer's Agent

Tara Pittman

eXp Realty License #335661

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $633

Year Built

  • Built in 1940

Lot Details

  • 5 Acre Lot
  • Wooded Lot
  • Property is zoned RP

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 985 Sq Ft Home
  • 800-1,100 Sq Ft Home
  • Property has 1 Level
  • Vinyl Flooring
  • Attic

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Multiple Heating Units
  • Wall Furnace
  • Heating System Uses Propane
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 159869
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$633

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 5
  • Subdivision Name: None
  • Directions: Head east on US-158 E toward Lawsonville Ave Turn right toward Brooks Rd Turn right onto Knowles Rd Turn left onto Grooms Rd House will be on the left
  • Above Grade Finished Sq Ft: 985
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1940
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 800 - 1100
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Vinyl
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 985
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Garden
  • Lot Features: Wooded
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Cooling: Wall Unit(s)
  • Heating: Multiple Systems, Wall Furnace, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 159869
  • Zoning: RP
  • TRIADMLS_PlatBook: 3-18
  • TRIADMLS_AcresRange: 4 - 5

Tax Info

  • Tax Annual Amount: 633
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.829

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2022
Closed on
Apr 14, 2022
Sold by
Lowery Dennis S and Lowery Martha M
Bought by
Lance Benjamin and Lance Nancy
Seller's Agent
Tami Jones
Five Star Realty
Buyer's Agent
Tara Pittman
eXp Realty
List Price
$170,000
Sold Price
$150,000
Premium/Discount to List
-$20,000
-11.76%
Current Estimated Value
$209,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,411
Avg. Annual Appreciation
9.77%

Purchase Details

Closed on
Feb 15, 2017
Sold by
Lowery Dennes S
Bought by
Lowery Dennis S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
4.32%
Mortgage Type
FHA
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
Lance Benjamin $150,000 Donato Law Pc
Lowery Dennis S -- Timios Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lowery Dennis S $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2022 04/21/22 Sold $150,000 -11.8% $188 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $170,000 -- $213 / 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
2025 $905 $141,260 $44,020 $97,240
2024 $905 $141,260 $44,020 $97,240
2023 $905 $80,093 $30,530 $49,563
2022 $629 $80,093 $30,530 $49,563
2021 $629 $80,093 $30,530 $49,563
2020 $629 $80,093 $30,530 $49,563
2019 $629 $80,093 $30,530 $49,563
2018 $683 $84,666 $38,400 $46,266
2017 $649 $84,666 $38,400 $46,266
2015 $621 $80,297 $38,400 $41,897
2014 $615 $80,297 $38,400 $41,897
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1060178

Triad MLS

APN: 159869