NOT LISTED FOR SALE

Estimated Value: $62,382 - $75,000

4 Beds
3 Baths
1,386 Sq Ft
$50/Sq Ft Est. Value

Last Sold July 12, 2019

Last sale price $32,000 $23 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $413/month

32 Days on Market

About This Home

As of July 2019

Great triplex investment opportunity minutes from the highway and Winston Salem State University! One unit is occupied at $400/month, the other two units are vacant and in need of some TLC but can quickly be made rent ready. This property has separate meters for all utilities excluding water. It is being offered at a steep discount so it won't last long. Move fast before it's too late! LICENSED NC REAL ESTATE AGENTS HAVE EQUITABLE INTEREST, ASSIGNMENT OF CONTRACT, MUST CLOSE WITH ATTORNEY HARRY MARSH

Last Agent to Sell the Property

Robert Pompey

Legacy Real Estate Services License #286025 Listed on: 05/19/2019

Last Buyer's Agent

Kent Hunter

Kent Hunter Realty LLC License #268274

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $376

Year Built

  • Built in 1940

Lot Details

  • 4,792

Home Design

  • Triplex

Flooring

  • Wood
  • Carpet
  • Laminate

Parking

  • No Garage
  • Driveway

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Washer and Dryer Hookup
  • Lot Dimensions are 97 x 50 x 97 x 49

Listing and Financial Details

  • Assessor Parcel Number 6835677167
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 1 Leased Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$376

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size: 97 x 50 x 97 x 49
  • Directions: Drive North on MLK Drive, turn left on 3rd st, park in the vacant lot to the right of the house
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Laminate, Wood

Exterior Features

  • Pool Features: None
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway, No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Washer/Dryer Connection
  • Cooling: Window Unit(s)
  • Heating: Wall Furnace, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6835677167
  • Zoning: Residential
  • TRIADMLS_DeedPage: 03126
  • TRIADMLS_DeedBook: 002911
  • TRIADMLS_AcresRange: -

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Units Leased: 1

Tax Info

  • Tax Annual Amount: 376
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.3209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2021
Sold by
Triad Prism Properties Llc
Bought by
Mtb3 Properties Llc
Current Estimated Value
$68,691

Purchase Details

Listed on
May 19, 2019
Closed on
Jul 12, 2019
Sold by
Edwards Daniel Lee
Bought by
Triad Prism Properties Llc
Seller's Agent
Robert Pompey
Legacy Real Estate Services
Buyer's Agent
Kent Hunter
Kent Hunter Realty LLC
List Price
$59,900
Sold Price
$32,000
Premium/Discount to List
-$27,900
-46.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.70%

Purchase Details

Closed on
Sep 8, 2009
Sold by
Edwards Daniel L and Edwards Lena M
Bought by
Edwards Daniel Lee
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mtb3 Properties Llc $50,000 None Available
Triad Prism Properties Llc $28,000 None Available
Edwards Daniel Lee -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold $32,000 -46.6% $23 / Sq Ft
06/21/2019 06/21/19 Pending -- -- --
05/19/2019 05/19/19 For Sale $59,900 -- $43 / 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 $384 $28,700 $21,200 $7,500
2022 $377 $28,700 $21,200 $7,500
2021 $370 $28,700 $21,200 $7,500
2020 $396 $28,700 $21,200 $7,500
2019 $396 $28,500 $21,200 $7,300
2018 $390 $28,500 $21,200 $7,300
2016 $529 $40,154 $21,161 $18,993
2015 $521 $40,154 $21,161 $18,993
2014 $505 $40,154 $21,161 $18,993
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 932599

Triad MLS

APN: 6835-67-7167