NOT LISTED FOR SALE

Estimated Value: $247,000 - $314,000

-- Bed
-- Bath
-- Sq Ft
8,276 Sq Ft Lot

Last Sold March 02, 2021

Last sale price $210,000

Est. 35% increase in value since last sale

Current estimated payment $1,733/month

38 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Forced Air Heating and Cooling System

About This Home

As of March 2021

ATTN INVESTORS! Nice quadraplex overlooking the Bowman Gray race track parking lot. Near WSSU. Fully occupied. Current owner has invested $$$ for improvements incldng making 2 upper apartments rentable and 2 new heat/cool units. Each unit is 2BR w/ 1 full bath. Central heating/cooling in all units. Brick exterior. Monthly gross rental income approx 1730/mo. Please only request viewing if serious potential buyer. Due to full occupancy, min 24 hour notice to see property. Call ShowingTime for instructions.

Last Agent to Sell the Property

Nathaniel Birdsong

Salem Realty License #281090 Listed on: 11/30/2020

Last Buyer's Agent

Erika Luster

Keller Williams Realty United License #295107

Keller Williams Realty United

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,580

Year Built

  • Built in 1955

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 75 x 110

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Tile Flooring

Parking

  • 4 Parking Spaces
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 6835802925
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Additional Features

  • No Laundry Facilities
  • 4 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,580

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Lot Size: 75 x 110
  • Directions: Located near Winston Salem State. Take the Research Pkwy exit from 52.
  • Architectural Style: Two Story
  • Building Stories: 2
  • Year Built: 1955
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Tile
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Parking Features: Driveway
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Laundry Features: None
  • Cooling: Central Air
  • Heating: Forced Air, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6835802925
  • Zoning: RM5
  • TRIADMLS_PricePerAcre: 1131578.9474
  • TRIADMLS_DeedPage: 3557
  • TRIADMLS_DeedBook: 3481
  • TRIADMLS_AcresRange: 0 - 0

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Number Of Units Leased: 4

Tax Info

  • Tax Annual Amount: 1580
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 1.3209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2021
Sold by
Dabideen Darrin Rajesh and Defoe Sarahgene Gillanne
Bought by
1514 Gholson Llc
Current Estimated Value
$283,003

Purchase Details

Listed on
Nov 30, 2020
Closed on
Feb 8, 2021
Sold by
A & E Properties Llc
Bought by
Dabideen Darrin Rajesh and Defoe Sarahgene Gillianne
Seller's Agent
Nathaniel Birdsong
Salem Realty
Buyer's Agent
Erika Luster
Keller Williams Realty United
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$150,000
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 21, 2019
Closed on
Sep 13, 2019
Sold by
Lovette Rex L and Lovette Angela K
Bought by
A & E Properties Llc
Seller's Agent
Michael Lemmons
Realty One Group Results
Buyer's Agent
Nathaniel Birdsong
Salem Realty
Sold Price
$138,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.06%
Original Mortgage
$103,500
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 11, 2019
Sold by
Michael Greco Of Sun Sand And Surf Inves
Bought by
Lovette Rex L and Lovette Angela K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,496
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 13, 2015
Sold by
Greco Michael and Shiloh Investment Properties A
Bought by
Greco Michael and Sun Sand & Surf Investment Ass

Purchase Details

Closed on
Mar 20, 2008
Sold by
Wilson Stephen D and Wilson Rose M
Bought by
Shiloh Investment Properties Assn Llc

Purchase Details

Closed on
Jul 19, 2002
Sold by
Ash Bn Properties Inc
Bought by
Wilson Stephen D and Wilson Rose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,600
Interest Rate
6.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 5, 2002
Sold by
Burns Thomas H and Burns Shirley B
Bought by
Ash Bn Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,600
Interest Rate
6.67%
Mortgage Type
Commercial
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
1514 Gholson Llc -- None Available
Dabideen Darrin Rajesh $200,000 First American Mortgage Sln
A & E Properties Llc $138,000 None Available
Lovette Rex L $83,000 None Available
Greco Michael -- None Available
Shiloh Investment Properties Assn Llc $124,000 None Available
Wilson Stephen D $115,000 --
Ash Bn Properties Inc $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dabideen Darrin Rajesh $150,000
Previous Owner A & E Properties Llc $103,500
Previous Owner Lovette Rex L $81,496
Previous Owner Wilson Stephen D $102,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Off Market $138,000 -- --
03/02/2021 03/02/21 Sold $210,000 +52.2% --
09/13/2019 09/13/19 Sold $138,000 -- --
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
2024 $2,326 $179,800 $22,000 $157,800
2023 $2,326 $179,800 $22,000 $157,800
2022 $2,282 $179,800 $22,000 $157,800
2021 $2,241 $0 $0 $0
2020 $1,569 $119,700 $10,800 $108,900
2019 $1,580 $113,600 $0 $0
2018 $1,501 $119,700 $10,800 $108,900
2016 $1,494 $113,315 $10,804 $102,511
2015 $1,471 $113,315 $10,804 $102,511
2014 $1,426 $113,315 $10,804 $102,511
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 005022

Triad MLS

APN: 6835-80-2925