NOT LISTED FOR SALE

1514 E 14th St Unit 10 Winston Salem, NC 27105

East Winston Neighborhood

Estimated Value: $75,000

2 Beds
2 Baths
1,024 Sq Ft
$73/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $74,000 $72 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $442/month

88 Days on Market

About This Home

As of May 2024

Investment opportunity for good passive income. The potential is there for this duplex with large lot. Units are both 1 bedroom and 1 bathroom and rent in the $550-600 range. Upstairs unit needs some work. Downstairs unit mainly cosmetics. Could increase rents with improvements. Plenty of parking space. Perfect for someone that can put in some sweat equity.There is termite presence but seller will remidiate.

Last Listed By

Marcel Perez Ayala

Alterna Real Estate, LLC Brokerage Email: marcelperezrealty@gmail.com License #261222 Listed on: 01/18/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $287

Year Built

  • Built in 1955

Lot Details

  • 0.25

Home Design

  • 1,024 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Composition Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Shared Driveway
  • 6 Open Parking Spaces

Additional Features

  • Cleared Lot
  • Heat Pump System

Community Details

  • Eastern Heights Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for management
  • Assessor Parcel Number 6836-72-8038

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$287

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1955
  • Road Surface Type: Gravel, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: marcelperezrealty@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Appliances: None
  • Owner Pays: Management
  • Above Grade Finished Sq Ft: 1024
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1024

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Concrete Block

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Parking Features: Driveway, Shared Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Other - See Remarks
  • Laundry Features: Other - See Remarks
  • Cooling: Other - See Remarks
  • Water Source: Other - See Remarks

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared
  • Lot Size Area: 0.25
  • Lot Size Units: Acres
  • Parcel Number: 6836-72-8038
  • Development Status: Completed
  • Lot Size: .25
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RS7

Green Features

  • Green Verification Count: 0

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
May 3, 2024
Sold by
Big South Properties Llc
Bought by
Backgammon Investments Llc
Seller's Agent
Marcel Perez Ayala
Alterna Real Estate, LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$95,000
Sold Price
$74,000
Premium/Discount to List
-$21,000
-22.11%
Total Days on Market
88
Views
187
Current Estimated Value
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,000
Avg. Annual Appreciation
1.30%
Original Mortgage
$114,060
Interest Rate
7.17%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 30, 2018
Sold by
Hawkeye Properties Llc
Bought by
Big South Properties Llc

Purchase Details

Closed on
Jun 12, 2001
Sold by
Bonham Jimmy Lee and Bonham Carmen Russell
Bought by
Hawkeye Properties Llc

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
Backgammon Investments Llc $74,000 None Listed On Document
Big South Properties Llc $32,500 None Available
Hawkeye Properties Llc $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Backgammon Investments Llc $150,000
Closed Backgammon Investments Llc $114,060
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Sold $74,000 -12.9% $72 / Sq Ft
03/13/2024 03/13/24 Price Changed $85,000 -10.5% $83 / Sq Ft
01/11/2024 01/11/24 For Sale $95,000 -- $93 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $287 $21,400 $9,800 $11,600
2022 $281 $21,400 $9,800 $11,600
2021 $276 $21,400 $9,800 $11,600
2020 $246 $17,800 $8,500 $9,300
2019 $248 $17,800 $8,500 $9,300
2018 $235 $17,800 $8,500 $9,300
2016 $208 $15,794 $7,800 $7,994
2015 $205 $15,794 $7,800 $7,994
2014 $199 $15,794 $7,800 $7,994
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Marcel Perez Ayala

    Alterna Real Estate, LLC

    (704) 898-4444

    3 in this area

    49 Total Sales

    Marcel Perez Ayala
    Section Image

  • N

    Buyer's Agent in 2024

    Non Member

    NC_CanopyMLS

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4101667

Canopy MLS (Canopy Realtor® Association)

APN: 6836-72-8038

North Carolina Forsyth County Winston-Salem 27101 East Winston

1514 E 14th St Unit 10, Winston-Salem, NC

Homes for Sale in Winston Salem, NC

This home is located at 1514 E 14th St Unit 10, Winston Salem, NC 27105 since 18 January 2024 and is currently estimated at $75,000, approximately $73 per square foot. This property was built in 1955. 1514 E 14th St Unit 10 is a home located in Forsyth County with nearby schools including Winston-Salem Preparatory Academy, Carver High, and The Arts Based School.

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