NOT LISTED FOR SALE

1401 Freeway Dr Reidsville, NC 27320

Estimated Value: $1,070,338

-- Bed
-- Bath
-- Sq Ft
1.3 Acres

Last Sold October 06, 2017

Last sale price $550,000

Est. 95% increase in value since last sale

Current estimated payment $6,694/month

257 Days on Market

About This Home

As of October 2017

Come see the establishment where you can become a successful entrepreneur!!Offers so much space to either operate and/or lease out in prime area.Property will still retain Freeway Drive access plus another access behind the property!Kitchen is large enough to service 2 operating restaurants,along with 4 separate dining areas or banquet rooms.**$5,000 selling bonus to selling agent of property!**

Last Agent to Sell the Property

Mary Beth Powell

RE/MAX Realty Consultants License #233426 Listed on: 10/13/2016

RE/MAX Realty Consultants

Last Buyer's Agent

Mary Beth Powell

RE/MAX Realty Consultants License #233426 Listed on: 10/13/2016

RE/MAX Realty Consultants

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $12,751

Lot Details

  • Property is zoned HB

Community Details

  • No Home Owners Association
  • 9,111 Sq Ft Building

Property Details

Property Type

Other

Est. Annual Taxes

$12,751

Lot Details

0

Listing Details

  • Property Sub Type: Investment
  • Prop. Type: Commercial
  • Business Type: Industrial, Medical, Professional/Office, Remarks, Retail
  • Directions: 29 to Freeway Drive
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • Special Features: None

Exterior Features

  • Lot Features: City Lot

Utilities

  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: HB
  • TRIADMLS_AcresRange: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2016
Closed on
Sep 28, 2017
Sold by
The Salvation Army A Ga Corporation
Bought by
Llamas Victor R and Llamas Arturo
Seller's Agent
Mary Beth Powell
RE/MAX Realty Consultants
Buyer's Agent
Mary Beth Powell
RE/MAX Realty Consultants
List Price
$699,000
Sold Price
$550,000
Premium/Discount to List
-$149,000
-21.32%
Current Estimated Value
$1,070,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$520,338
Avg. Annual Appreciation
8.60%

Purchase Details

Closed on
Dec 28, 2012
Sold by
James L Thompson Jr Family Limited Partn
Bought by
The Salvation Army Of Georgia Corporatio
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
Llamas Victor R $550,000 None Available
The Salvation Army Of Georgia Corporatio -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2017 10/06/17 Sold $550,000 -21.3% --
06/28/2017 06/28/17 Pending -- -- --
10/13/2016 10/13/16 For Sale $699,000 -- --
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 $12,751 $1,028,248 $162,593 $865,655
2024 $12,751 $1,028,248 $162,593 $865,655
2023 $12,751 $856,811 $147,812 $708,999
2022 $12,287 $856,811 $147,812 $708,999
2021 $12,287 $856,811 $147,812 $708,999
2020 $12,287 $856,811 $147,812 $708,999
2019 $7,240 $504,907 $147,812 $357,095
2018 $8,956 $623,653 $142,710 $480,943
2017 $0 $623,653 $142,710 $480,943
2015 $8,956 $623,653 $142,710 $480,943
2014 -- $623,653 $142,710 $480,943
Source: Public Records

Agents Affiliated with this Home

  • Mary Beth Powell

    Seller's Agent in 2017

    Mary Beth Powell

    RE/MAX

    (336) 613-5006

    43 in this area

    167 Total Sales

    Mary Beth Powell
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Map

Source: Triad MLS

MLS Number: 811436

Triad MLS

APN: 142408

North Carolina Rockingham County Reidsville 27320

1401 Freeway Dr, Reidsville, NC

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