NOT LISTED FOR SALE

224 Palm Rd Reidsville, NC 27320

Estimated Value: $156,000 - $254,000

2 Beds
1 Bath
1,000 Sq Ft
$197/Sq Ft Est. Value

Last Sold July 08, 2019

Last sale price $39,500 $40 Per Sq Ft

Est. 400% increase in value since last sale

Current estimated payment $1,115/month

17 Days on Market

About This Home

As of July 2019

Ranch home in the country. Needs updating, has vinyl siding and large deck. This home is being sold AS IS Where Is buyer to verify all systems of the home.

Last Agent to Sell the Property

Brian Sprinkle

KB Realty License #177821 Listed on: 05/20/2019

Last Buyer's Agent

Barbara McCormick

United Realty Group Inc License #308579

United Realty Group Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $685

Year Built

  • Built in 1980

Lot Details

  • 1.12 Acre Lot
  • Cleared Lot

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Gravel Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 912 Sq Ft Home
  • 800-1,000 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 163359
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$685

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.12
  • Subdivision Name: None
  • Directions: US Hwy 158, Right on to Lick Fork Creek Rd, Right onto Longbranch Rd, Right onto Palm Road, house on the right.
  • Above Grade Finished Sq Ft: 912
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1980
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 800 - 1000
  • TRIADMLS_PorchYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 912
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Partially Cleared
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Gravel, Detached Carport
  • Garage Description: Detached Carport

Utilities

  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 163359
  • Zoning: SFR
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 685.22
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 0.91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2019
Closed on
Jul 2, 2019
Sold by
Bms Investment Properties Llc
Bought by
Petty Anthony Jordan
Seller's Agent
Brian Sprinkle
KB Realty
Buyer's Agent
Barbara McCormick
United Realty Group Inc
Sold Price
$39,500
Current Estimated Value
$197,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,824
Avg. Annual Appreciation
28.78%
Original Mortgage
$32,000
Outstanding Balance
$13,796
Interest Rate
4%
Mortgage Type
Commercial
Estimated Equity
$183,528

Purchase Details

Closed on
Jan 22, 2019
Sold by
Ervin Dean Gary and Dean Sharon Denise
Bought by
Bms Investment Properties Llc
Source: Public Records

Range of Values:

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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
Petty Anthony Jordan $39,500 None Available
Bms Investment Properties Llc $16,052 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petty Anthony Jordan $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2021 06/16/21 Off Market $39,500 -- --
07/08/2019 07/08/19 Sold $39,500 -- $49 / 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 $921 $136,957 $13,499 $123,458
2024 $921 $136,957 $13,499 $123,458
2023 $921 $75,130 $9,362 $65,768
2022 $620 $75,130 $9,362 $65,768
2021 $620 $75,130 $9,362 $65,768
2020 $620 $75,130 $9,362 $65,768
2019 $620 $75,130 $9,362 $65,768
2018 $648 $78,413 $18,709 $59,704
2017 $648 $78,413 $18,709 $59,704
2015 $630 $78,413 $18,709 $59,704
2014 $624 $78,413 $18,709 $59,704
Source: Public Records

Agents Affiliated with this Home

  • Brian Sprinkle

    Seller's Agent in 2019

    Brian Sprinkle

    KB Realty

    (336) 997-3991

    86 Total Sales

    Brian Sprinkle
    Section Image
  • Barbara McCormick

    Buyer's Agent in 2019

    Barbara McCormick

    United Realty Group Inc

    (336) 383-0236

    74 Total Sales

    Barbara McCormick
    Section Image
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Map

Source: Triad MLS

MLS Number: 932736

Triad MLS

APN: 163359

North Carolina Rockingham County Reidsville 27320

224 Palm Rd, Reidsville, NC

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