NOT LISTED FOR SALE

1514 E 14th St 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

17 Days on Market

Highlights

  • No HOA
  • More Than Two Accessible Exits
  • Forced Air Heating System

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.

Last Listed By

Marcel Perez Ayala

Alterna Real Estate License #261222 Listed on: 03/21/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $281

Year Built

  • Built in 1955

Lot Details

  • 0.25

Parking

  • Driveway

Home Design

  • Duplex

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • More Than Two Accessible Exits
  • 0.25 Acre Lot

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6836728038
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$281

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Lot Size: .25
  • Directions: 1514 14th St
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Accessibility Features: 2 or more Access Exits
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Block
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6836728038
  • Zoning: RS7
  • TRIADMLS_PricePerAcre: 296000
  • TRIADMLS_DeedPage: 4155
  • TRIADMLS_DeedBook: 3397
  • TRIADMLS_AcresRange: 0 - 0

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 281
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 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
Buyer's Agent
Jayme Currie
Real Broker LLC
List Price
$85,000
Sold Price
$74,000
Premium/Discount to List
-$11,000
-12.94%
Total Days on Market
17
Views
31
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
04/08/2024 04/08/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $85,000 -- $83 / 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 $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

    (704) 898-4444

    3 in this area

    49 Total Sales

    Marcel Perez Ayala
    Section Image
  • Jayme Currie

    Buyer's Agent in 2024

    Jayme Currie

    Real Broker LLC

    (336) 402-6145

    1 in this area

    36 Total Sales

    Jayme Currie
    Section Image
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Map

Source: Triad MLS

MLS Number: 1136840

Triad MLS

APN: 6836-72-8038

North Carolina Forsyth County Winston-Salem 27101 East Winston

1514 E 14th St, Winston-Salem, NC

Homes for Sale in Winston Salem, NC

This home is located at 1514 E 14th St, Winston Salem, NC 27105 since 21 March 2024 and is currently estimated at $75,000, approximately $73 per square foot. This property was built in 1955. 1514 E 14th St is a home located in Forsyth County with nearby schools including Winston-Salem Preparatory Academy, Carver High, and The Arts Based School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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