NOT LISTED FOR SALE

1616 Cherry St Winston Salem, NC 27105

West Highlands Neighborhood

Estimated Value: $68,000 - $112,000

2 Beds
1 Bath
900 Sq Ft
$100/Sq Ft Est. Value

Sale Details

Date Sold: September 22, 2022

Last sale price $57,500 $64 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $515 / mo

Highlights

  • Main Floor Primary Bedroom
  • Fireplace in Basement
  • Central Air
  • No HOA

About This Home

As of November 2023

Newly renovated 2 bed - 1 bath single family home near Wake Forest University with beautiful views of downtown. New energy efficient windows and new heating and air system. With modern paint throughout the home, this house comes with a spacious backyard and unfinished basement for storage. Renting at $1,100/mo.  
Owner provides a refrigerator and stove. Washer/dryer hook-up available. 
Vouchers are accepted. 
Apply today to secure your new home!

Last Agent to Rent the Property

Quamekia Shavers

Shavers Lewis Realty License #327160 Listed on: 10/05/2023

Last Renter's Agent

Quamekia Shavers

Shavers Lewis Realty License #327160 Listed on: 10/05/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1936

Lot Details

  • 6,098

Parking

  • Driveway

Home Design

  • Aluminum Siding

Interior Spaces

  • 826 Sq Ft Home
  • 700-900 Sq Ft Home
  • Basement
  • Fireplace in Basement
  • Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • 6,098 Sq Ft Lot
  • City Lot

Community Details

  • No Home Owners Association
  • North Cherry Street Development Subdivision

Listing and Financial Details

  • Security Deposit $1,100
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 6826932123

Home Details

Home Type

Single Family

Year Built

Built in 1936

Lot Details

6,098 Sq Ft Lot

Rental Info

  • Lease Term: 12 Months
  • TRIADMLS_DepositSecurity: 1100

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.14
  • Subdivision Name: North Cherry Street Development
  • Directions: Start by heading north on N Main St toward W 1st St. Continue straight onto N Martin Luther King Jr Dr. turn left onto E 14th St., then turn right onto Cherry St. Continue on Cherry St, and you will reach 1616 Cherry St, WS, NC 27105 on your right.
  • Above Grade Finished Sq Ft: 826
  • Year Built: 1936
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 700 - 900
  • TRIADMLS_PorchYN: No
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Oven, Gas Water Heater
  • Furnished: Unfurnished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Basement
  • Living Area: 826
  • Basement YN: Yes

Exterior Features

  • Fencing: None
  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Aluminum Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 6826932123
  • TRIADMLS_AcresRange: 0 - 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2022
Closed on
Sep 20, 2022
Sold by
Fayette South Properties Llc
Bought by
Set 24 Realty Llc
Seller's Agent
Shannon Mastrototaro
Hunter Realty & Property Management, LLC
Buyer's Agent
Jordan Mehciz
Leonard Ryden Burr Real Estate
List Price
$69,900
Sold Price
$57,500
Premium/Discount to List
-$12,400
-17.74%
Views
18
Current Estimated Value
$90,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,794
Avg. Annual Appreciation
13.43%

Purchase Details

Listed on
Feb 10, 2019
Closed on
Mar 9, 2019
Sold by
Baker Thomas A
Bought by
Fayette South Properties Llc
Buyer's Agent
Blake Ginther
Keller Williams Realty Elite
List Price
$38,000
Sold Price
$36,225
Premium/Discount to List
-$1,775
-4.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.98%

Purchase Details

Closed on
Mar 29, 2018
Sold by
Permuda Capital Llc
Bought by
Baker Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.44%

Purchase Details

Closed on
Dec 4, 2007
Sold by
4 Him Realty Corp
Bought by
Permuda Capital Llc

Purchase Details

Closed on
Mar 22, 2007
Sold by
Scales Jennie S
Bought by
4 Him Realty Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Set 24 Realty Llc $57,500 --
Fayette South Properties Llc $36,500 None Available
Baker Thomas -- --
Permuda Capital Llc $17,000 None Available
4 Him Realty Corp $13,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baker Thomas $50,000
Previous Owner Baker Thomas --
Previous Owner 4 Him Realty Corp $17,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2024 11/06/24 For Rent $1,100 0.0% --
10/27/2024 10/27/24 Off Market $1,100 -- --
10/08/2024 10/08/24 Off Market $1,100 -- --
09/26/2024 09/26/24 For Rent $1,100 0.0% --
09/22/2022 09/22/22 Sold $57,500 -17.7% $82 / Sq Ft View Prior Sale
09/22/2022 09/22/22 Pending -- -- --
08/23/2022 08/23/22 Price Changed $69,900 0.0% $100 / Sq Ft
08/23/2022 08/23/22 For Sale $69,900 -15.3% $100 / Sq Ft
07/24/2022 07/24/22 Pending -- -- --
06/19/2022 06/19/22 For Sale $82,500 +127.7% $118 / Sq Ft
03/12/2019 03/12/19 Sold $36,225 -4.7% $52 / Sq Ft View Prior Sale
02/23/2019 02/23/19 Pending -- -- --
02/10/2019 02/10/19 For Sale $38,000 -- $54 / Sq Ft
Source: Triad MLS

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 $428 $59,100 $13,500 $45,600
2024 $428 $32,000 $8,000 $24,000
2023 $428 $32,000 $8,000 $24,000
2022 $420 $32,000 $8,000 $24,000
2021 $413 $32,000 $8,000 $24,000
2020 $224 $16,200 $6,000 $10,200
2019 $225 $16,200 $6,000 $10,200
2018 $214 $16,200 $6,000 $10,200
2016 $224 $16,965 $6,000 $10,965
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Shannon Mastrototaro

    Hunter Realty & Property Management, LLC

    (336) 978-4758

    1 in this area

    29 Total Sales

    Shannon Mastrototaro
    Section Image

  • J

    Buyer's Agent in 2022

    Jordan Mehciz

    Leonard Ryden Burr Real Estate

    1 in this area

    2 Total Sales

    Jordan Mehciz
    Section Image
  • Blake Ginther

    Buyer's Agent in 2019

    Blake Ginther

    Keller Williams Realty Elite

    (336) 283-8689

    2 in this area

    590 Total Sales

    Blake Ginther
    Section Image
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Map

Source: Triad MLS

MLS Number: 1121442

Triad MLS

APN: 6826-93-2123

North Carolina Forsyth County Winston-Salem 27105 West Highlands

1616 Cherry St, Winston-Salem, NC

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