NOT LISTED FOR SALE

Estimated Value: $114,000 - $180,000

3 Beds
1 Bath
1,300 Sq Ft
$114/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $150,000 $115 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $878/month

8 Days on Market

Highlights

  • No HOA
  • Central Air
  • Asbestos

About This Home

As of September 2021

Investor Alert! Super Convenient Location & Close to Everything! This Tenant Occupied Home is Being Sold in a Package, Along with 1903 Merritt. Own the Entire Corner! Total Package Price is $450,000 and MUST be Purchased Together. Home is 3 Bedroom, 2 Baths (1 Bathroom does not appear to be permitted per tax card). TWO Duplexes & an Additional Home with Tenants Already in Place! Rent for 3 Bed, 2 Bath Duplex 1 is $825/$825. Rent for 3 Bed, 2 Bath Duplex 2 is $875/$825. Tenant Occupied, Please do NOT Disturb Tenants. No Sign.

Last Agent to Sell the Property

Tracey Shrouder

360 Realty License #239529 Listed on: 07/16/2021

Co-Listed By

Vicki Crowdus

360 Realty License #282865

Last Buyer's Agent

Christian Courtney

The Baldwin Companies License #295958

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $702

Year Built

  • Built in 1947

Lot Details

  • 9,148 Sq Ft Lot
  • Property is zoned RM-18

Home Design

  • Vinyl Siding
  • Asbestos

Interior Spaces

  • 1,158 Sq Ft Home
  • 1,000-1,300 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Allen Middle School
  • Smith High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Overland Heights Subdivision

Listing and Financial Details

  • Tax Lot 17-20
  • Assessor Parcel Number 0052944
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$702

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Lot Size: buyer MUST verify with survey
  • Co List Office Mls Id: GTSR01
  • Co List Office Phone: 336-505-1080
  • Subdivision Name: Overland Heights
  • Directions: From Spring Garden, turn on Merritt Drive. Head towards Gate City Boulevard. Home is on the Left at the Intersection of Overland Heights and Merritt.
  • Above Grade Finished Sq Ft: 1158
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1947
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1300
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1158
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Asbestos, Vinyl Siding
  • TRIADMLS_PoolYN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Remarks
  • Heating: Heat Pump, See Remarks, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Remarks
  • Water Heater: Unknown

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Sedgefield
  • High School: Smith
  • Middle Or Junior School: Allen

Lot Info

  • Parcel #: 0052944
  • Zoning: RM-18
  • TRIADMLS_PricePerAcre: 714285.7143
  • TRIADMLS_PlatPage: 8
  • TRIADMLS_DeedPage: 0
  • TRIADMLS_DeedBook: 0
  • TRIADMLS_PlatBook: 16
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 702
  • Tax Lot: 17-20
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Sep 9, 2021
Sold by
Raleigh R E Partners Group Llc
Bought by
Rn Homes Llc
Seller's Agent
Tracey Shrouder
360 Realty
Buyer's Agent
Christian Courtney
The Baldwin Companies
Sold Price
$150,000
Current Estimated Value
$148,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,000
Avg. Annual Appreciation
-0.34%
Original Mortgage
$360,000
Outstanding Balance
$327,807
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
-$179,807

Purchase Details

Closed on
Feb 13, 2020
Sold by
Living Hope Worship Center
Bought by
Raleigh Re Partners Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
3.72%
Mortgage Type
Commercial

Purchase Details

Listed on
May 1, 2012
Closed on
Jun 10, 2012
Sold by
Stutts Wayne L and Stutts Joyce A
Bought by
Living Hope Worship Center
Seller's Agent
Karin Shaeffer
TEAM TRIAD REALTY, INC.
Buyer's Agent
Mary Kivett
TEAM TRIAD REALTY, INC.
List Price
$79,500
Sold Price
$80,000
Premium/Discount to List
$500
0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%

Purchase Details

Closed on
May 24, 2011
Sold by
Stutts Wayne L and Stutts Joyce A
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Oct 7, 2008
Sold by
Stutts Wayne L and Stutts Joyce A
Bought by
City Of Greensboro

Purchase Details

Closed on
Oct 27, 2005
Sold by
Wayne L Stutts Rentals Llc
Bought by
Stutts Wayne L and Stutts Joyce A

Purchase Details

Closed on
Sep 9, 2003
Sold by
Bayer Scott and Bayer Linda
Bought by
Stutts Wayne L and Stutts Joyce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2003
Sold by
Hinshaw Johnsie E
Bought by
Bayer Scott and Bayer Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Rn Homes Llc $450,000 None Available
Raleigh Re Partners Group Llc $230,000 None Available
Living Hope Worship Center -- None Available
Deutsche Bank National Trust Company $15,500 None Available
City Of Greensboro $24,500 None Available
Stutts Wayne L -- None Available
Stutts Wayne L $75,000 --
Bayer Scott $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rn Homes Llc $360,000
Previous Owner Raleigh Re Partners Group Llc $224,000
Previous Owner Stutts Wayne L $107,500
Previous Owner Stutts Wayne L $77,000
Previous Owner Stutts Wayne L $75,000
Previous Owner Stutts Wayne L $75,000
Previous Owner Bayer Scott $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $150,000 +87.5% $150 / Sq Ft
05/16/2012 05/16/12 Sold $80,000 +0.6% $23 / Sq Ft
05/02/2012 05/02/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $79,500 -- $23 / 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
2024 $857 $61,100 $20,000 $41,100
2023 $857 $61,100 $20,000 $41,100
2022 $833 $61,100 $20,000 $41,100
2021 $702 $50,400 $20,000 $30,400
2020 $702 $50,400 $20,000 $30,400
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 -- $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1033693

Triad MLS

APN: 0052944