NOT LISTED FOR SALE

Estimated Value: $322,000 - $417,000

3 Beds
2.5 Baths
2,100 Sq Ft
$177/Sq Ft Est. Value

Last Sold July 13, 2022

Last sale price $265,000 $126 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,233/month

25 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Corner Lot
  • Traditional Architecture
  • Attic
  • No HOA

About This Home

As of July 2022

PRIME office location! Located near the near of Downtown WS, this circa 1927 house (build as a single family home) currently being used as a law office, could be converted back (see permitted uses in the NO zoning district). Conveniently located at the corner of First Street and Cloverdale Ave, excellent location and SO much potential! Only a block from restaurants and Hanes Park. Currently used as an office, however zoning has multiple uses. Private parking lot fits up to 3-4 cars. Updates include Furnace, 2004, AC 2007, Roof 2021.Easy walk to Atrium Health Wake Forest Baptist Hospital. GREAT POTENTIAL! Make your appointment TODAY!

Last Agent to Sell the Property

Wendy Taylor

Keller Williams Realty Elite License #123404 Listed on: 06/03/2022

Keller Williams Realty Elite

Last Buyer's Agent

Chad Kiger

TKG Real Estate License #324735

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,948

Year Built

  • Built in 1927

Lot Details

  • 7,841 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 1,946 Sq Ft Home
  • 1,700-2,100 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Arched Doorways
  • Living Room with Fireplace
  • 2 Fireplaces
  • Unfinished Basement
  • Sump Pump
  • Storm Windows
  • Attic

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • No Garage
  • Driveway
  • Paved Parking

Outdoor Features

  • Porch

Schools

  • Wiley Middle School
  • Reynolds High School

Utilities

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

Community Details

  • No Home Owners Association
  • West Highlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6825553289
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,948

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Subdivision Name: West Highlands
  • Directions: From Stratford Rd at 5 Points intersection go straight through stoplight onto First St. Property is last house on right just before 2nd stoplight. Morton Law Office sign in front yard.
  • Above Grade Finished Sq Ft: 1946
  • Architectural Style: Traditional
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1927
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1700 - 2100
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Arched Doorways, Ceiling Fan(s), Dead Bolt(s)
  • Other Equipment: Sump Pump
  • Has Basement: Unfinished, Cellar
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Primary Bedroom
  • Fireplaces: 2
  • Living Area: 1946
  • Main Level Bathrooms: 2
  • Attic Description: No Access
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: Fenced
  • Lot Features: City Lot, Corner Lot, Level, See Remarks
  • Pool Features: None
  • Construction Type: Aluminum Siding, Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Paved, Driveway, No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Security: Security Lights, Security System
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric
  • Energy Features: Storm Windows

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Brunson
  • High School: Reynolds
  • Middle Or Junior School: Wiley

Lot Info

  • Parcel #: 6825553289
  • Zoning: NO
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2948.1
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jul 6, 2022
Sold by
Kevin Morton James and Kevin Ruth
Bought by
Sumpter Will Thomas
Seller's Agent
Wendy Taylor
Keller Williams Realty Elite
Buyer's Agent
Chad Kiger
TKG Real Estate
List Price
$259,000
Sold Price
$265,000
Premium/Discount to List
$6,000
2.32%
Current Estimated Value
$370,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,963
Avg. Annual Appreciation
10.46%
Original Mortgage
$185,000
Outstanding Balance
$175,750
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$195,213

Purchase Details

Closed on
May 19, 1995
Bought by
Morton
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sumpter Will Thomas $265,000 Orenstein Law Pllc
Morton $80,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sumpter Will Thomas $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2022 07/13/22 Sold $265,000 +2.3% $156 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $259,000 -- $152 / 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
2025 $3,288 $293,200 $188,500 $104,700
2024 $3,138 $234,400 $162,800 $71,600
2023 $3,138 $234,400 $162,800 $71,600
2022 $3,002 $228,500 $162,800 $65,700
2021 $2,960 $229,400 $162,800 $66,600
2020 $3,108 $225,100 $162,000 $63,100
2019 $3,131 $225,100 $162,000 $63,100
2018 $2,973 $225,100 $162,000 $63,100
2016 $2,987 $227,032 $161,970 $65,062
2015 $2,942 $227,032 $161,970 $65,062
2014 $2,853 $227,032 $161,970 $65,062
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1071605

Triad MLS

APN: 6825-55-3289