$135,000
$25K PRICE DROP

2214 Banks Ln E Wilson, NC 27893

Estimated payment $735/month

Total Views 22,638
2 Beds
1 Bath
700 Sq Ft
$193 Price per Sq Ft

Highlights

  • Combination Dining and Living Room
  • Heating Available
  • 1-Story Property

About This Home

Attention first-time homeowners and investors! This renovated 2-bedroom, 1-bathroom ranch was completely updated in 2023. During the renovation, the owner removed and replaced everything, including all the floor joists and windows, leaving only the walls standing. The current rent is $1100.00, with a tenant in place. This property presents a great opportunity for investors looking to capitalize on and get into the Section 8 market.

Listing Agent

Bobby Curry

Coldwell Banker Howard Perry and Walston N Raleigh License #287971 Listed on: 02/24/2025

Coldwell Banker Howard Perry and Walston N Raleigh

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Home Design

  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1-Story Property
  • Combination Dining and Living Room

Schools

  • Barnes Elementary School
  • Beddingfield High School

Utilities

  • Heating Available

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Deed Book: 3023
  • Deed Page: 117.00
  • Elementary School: Barnes
  • Fencing: None
  • High School: Beddingfield
  • Listing I D: 100490480
  • Marketing City: Wilson
  • Secondary Subdivision: N/A
  • Stories: 1
  • Tax Year: 2024
  • Year Built: 1950
  • Zoning: R
  • Property Sub Type: Single Family Residence
  • Lease Term: Month To Month
  • Lot Size Acres: 0.19
  • Lot Size: 48x171x50x170
  • Lot Size Sq Ft: 8276.00
  • Road Frontage Type: City Street, State Road
  • Security Features: Smoke Detector(s)
  • Has H O A?: No
  • Listing Agent Email: curryb@hpw.com
  • Co List Office Mls Id: o570003367
  • List Office Name: Coldwell Banker Howard Perry and Walston N Raleigh
  • Special Conditions: Standard
  • Major Change: 2025-03-15
  • Major Change: Price Reduced
  • Modification Timestamp: 2025-12-11
  • Status Change: 2025-02-24
  • List A O R: Orange Chatham Association of REALTORS
  • Listing Contract: Exclusive Right To Sell
  • M L S: Full Service
  • Sign: Yes
  • Doc Change: 2025-02-24
  • Doc Count: 3
  • Photos Change Timestamp: 2025-12-05
  • M L S Status: Active
  • Orig Sys Key: 20250220164336378758000000
  • Original List Price: 135000.00
  • Original List Price: 160000.00
  • Prev List Price: 160000.00
  • Standard Status: Active
  • Subdivision Name: Other
  • Directions: From Raleigh, take US 264E/US-64E to Exit 436 towards Wilson/Greenville. Take Exit 24B onto 301 N to Hwy 42. Turn right on Hwy 42 and go 0.3 mi to turn right on Banks Ln. The home is located 400 ft on the right.
  • Middle Or Junior School: Darden
  • Building Area Total: 700
  • Construction Type: Concrete, Block
  • Cooling: Central Air
  • Has Cooling?: Yes
  • Fireplace Features: None
  • Has Fireplace?: No
  • Foundation Details: Block
  • Unit Levels: One
  • Is New Construction?: No
  • Patio And Porch Features: Deck
  • Room Types: Dining Area
  • Parcel#: 3732-43-4618.000
  • Tax Book Number: 7
  • Tax Map Number: 12
  • Type Type: 2 Bedroom
  • @id: https://api.sourceredb.com/odata/Property('d9d99e4146df5901b9c5b214a3656e68')
  • @etag: W/"YmluYXJ5J0FBQUFBQS90RGJVPSc="
  • Sold Exclusive Y N: No
  • V O W Entire Listing Display Y N: Yes
  • Current Price: 135000.00
  • Current Price Public: 135000.00
  • Island Or Mainland: Mainland
  • Seller Reputation: Has owned the property for at least one year
  • Office Exclusive Y N: No
  • Delayed Marketing Y N: No
  • E M D Trust Account Y N: No
  • Prospect Exempt Y N: No
  • In City Limits Y N: Yes
  • Broker Owner Y N: Yes
  • Cobra Zone Y N: No
  • Rental Contact Information: 252-363-3816
  • Seller Is Property Manager Y N: Yes
  • Property Manager Name: Bobby Curry
  • Photos Rights Held By Agent Y N: Yes
  • Remarks Written By Agent Y N: Yes
  • Tax Other Assessment Amount Frequency: NONE
  • Original On Market Timestamp: 2025-02-24T13:18:43Z
  • On Market Contract Date: 2025-02-24
  • Unparsed First Line Address: 2214 Banks Lane E
  • List Price Per Sqft: 192.86
  • V O W Address Display Y N: Yes
  • V O W Automated Valuation Display Y N: Yes
  • V O W Consumer Comment Y N: Yes
  • A P I Modification Timestamp: 2025-12-11T22:13:14.085Z
  • Tax Amount: 360.41
  • Permitted Use: Public
  • Special Features: None

Interior Features

  • Dining Room Type: Combination
  • Interior Amenities: None
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 1.00

Exterior Features

  • Exterior Finish: Block
  • Roof: Shingle
  • Waterfront?: No

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: On Site

Utilities

  • Utilities: Sewer Connected, Water Available
  • Heating System Fuel Source: Electric
  • Water Source: Public
  • Heating: Baseboard, Electric, Forced Air
  • Heating Yn: Yes

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 $360 $43,506 $12,000 $31,506
2024 $360 $43,506 $12,000 $31,506
2023 $284 $27,604 $12,000 $15,604
2022 $111 $23,069 $12,000 $11,069
2021 $244 $24,116 $12,000 $12,116
2020 $244 $24,116 $12,000 $12,116
2019 $244 $24,116 $12,000 $12,116
2018 $244 $24,116 $12,000 $12,116
2017 $244 $24,116 $12,000 $12,116
2016 $248 $24,116 $12,000 $12,116
2014 $250 $24,871 $12,000 $12,871
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2025 03/15/25 Price Changed $135,000 -15.6% $193 / Sq Ft
02/24/2025 02/24/25 For Sale $160,000 -- $229 / Sq Ft
Source: Hive MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $25,000 None Listed On Document
Source: Public Records

Source: Hive MLS

MLS Number: 100490480

Hive MLS

APN: 3732-43-4618.000