NOT LISTED FOR SALE

1600 Oak Croft Ct Winston Salem, NC 27107

2 Beds
1 Bath
800 Sq Ft
1.07 Acres

Last Sold August 09, 2016

Last sale price $165,000 $206 Per Sq Ft

90 Days on Market

About This Home

As of August 2016

All brick 6 Unit apartment building with 2BR/1BA units with central heat/air. Rents are approximately $450-480/mo range. Many renovations over in 2014 & 2015 including new deck, new roof, interior updates as needed to make rent ready. See attachments for pro-forma with net operating income of $19,651 and >10% cap rate. Agent is part owner.

Last Agent to Sell the Property

Brent Morris

Real Property Management Triad License #258664 Listed on: 02/12/2016

Last Buyer's Agent

NONMEMBER NONMEMBER

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,198

Year Built

  • Built in 1986

Lot Details

  • 1.07 Acre Lot

HOA Fees

  • $126 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 01 / 2742
  • Assessor Parcel Number 6844628198
  • 1% Total Tax Rate

Community Details

Overview

  • 6 Units
  • 4,962 Sq Ft Building
  • Green Oaks Subdivision

Building Details

  • 4 Leased Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,198

Year Built

Built in 1986

Lot Details

0

HOA Fees

$126 per month

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.07
  • Road Surface Type: Paved
  • Subdivision Name: Green Oaks
  • Directions: Willard Rd to Green Oaks Dr. Left on Green Oaks Ct., Left onto Oak Croft Dr. Go around curve, property on right.
  • Architectural Style: Two Story
  • Building Stories: 2
  • Year Built: 1986
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl
  • TRIADMLS_ApproxSqFtRange: 4400 - 5300

Exterior Features

  • Lot Features: City Lot
  • Construction Type: Brick
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Paved

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Washer/Dryer Connection
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 126
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 6844628198
  • Zoning: RM12
  • TRIADMLS_PricePerAcre: 168130.8411
  • TRIADMLS_DeedPage: 3673
  • TRIADMLS_DeedBook: 3176
  • TRIADMLS_AcresRange: 1 - 1

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Multi Family

  • Number Of Units In Community: 6
  • Number Of Units Total: 6
  • Number Of Units Furnished: None
  • Number Of Units Leased: 4

Tax Info

  • Tax Annual Amount: 2198
  • Tax Block: 2742
  • Tax Lot: 01
  • Tax Map Number: 642842
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 1.296

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2016 08/09/16 Sold $165,000 -8.3% $206 / Sq Ft
05/13/2016 05/13/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $179,900 -- $225 / Sq Ft
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 784000

Triad MLS