NOT LISTED FOR SALE

227 Terrace Ave Winston Salem, NC 27101

Skyland Neighborhood

Estimated Value: $82,000 - $118,000

3 Beds
1 Bath
1,200 Sq Ft
$84/Sq Ft Est. Value

Last Sold September 13, 2021

Last sale price $73,000 $61 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $586/month

141 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Fenced

About This Home

As of September 2021

BACK ON THE MARKET. Priced REDUCED to move quickly. Brick on home on corner lot, beautiful wood flooring in living room. new water heater, Just minutes from University. Range and refrigerator included.

Last Agent to Sell the Property

David Cooper

Cooper Realty License #34048 Listed on: 03/09/2021

Last Buyer's Agent

David Cooper

Cooper Realty License #34048 Listed on: 03/09/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $265

Year Built

  • Built in 1953

Lot Details

  • 6,970 Sq Ft Lot
  • Fenced
  • Cleared Lot
  • Property is zoned RS 7

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,070 Sq Ft Home
  • 900-1,200 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Pull Down Stairs to Attic
  • Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Driveway
  • Paved Parking

Utilities

  • No Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6835961539
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$265

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Subdivision Name: None
  • Directions: MLK Jr Dr to rt on Third to rt on Terrace Ave. House on corner
  • Above Grade Finished Sq Ft: 1070
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1953
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 900 - 1200
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1070
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Garden
  • Fencing: Fenced
  • Lot Features: Near Public Transit, Cleared
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: None
  • Heating: Baseboard, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6835961539
  • Zoning: RS 7
  • TRIADMLS_PricePerAcre: 468750
  • TRIADMLS_DeedPage: 0945
  • TRIADMLS_DeedBook: 3130
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 265
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.3209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
Sep 13, 2021
Sold by
Mid Huf Ventures Inc
Bought by
Coleman Gharzeddine Gloria
Seller's Agent
David Cooper
Cooper Realty
Buyer's Agent
David Cooper
Cooper Realty
List Price
$79,000
Sold Price
$73,000
Premium/Discount to List
-$6,000
-7.59%
Current Estimated Value
$101,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,564
Avg. Annual Appreciation
8.42%
Original Mortgage
$58,400
Outstanding Balance
$53,715
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$46,499

Purchase Details

Listed on
Apr 22, 2013
Closed on
Jun 12, 2013
Sold by
Builders Of Hope Inc
Bought by
Mid Huff Ventures Inc and Midhuf Ventures Inc
Seller's Agent
James Redden
Keller Williams Realty Elite
Buyer's Agent
James Redden
Keller Williams Realty Elite
List Price
$18,900
Sold Price
$1
Premium/Discount to List
-$18,899
-99.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
286.06%

Purchase Details

Listed on
Apr 22, 2013
Closed on
May 14, 2013
Sold by
The Bank Of New York Mellon
Bought by
Builders Of Hope Inc
Seller's Agent
James Redden
Keller Williams Realty Elite
Buyer's Agent
James Redden
Keller Williams Realty Elite
List Price
$18,900
Sold Price
$1
Premium/Discount to List
-$18,899
-99.99%
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
Coleman Gharzeddine Gloria $73,000 None Available
Mid Huff Ventures Inc $15,000 None Available
Builders Of Hope Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman-Gharzeddine Gloria $20,000
Open Coleman Gharzeddine Gloria $58,400
Previous Owner Joseph Phyllis D $50,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2021 09/13/21 Sold $73,000 -7.6% $81 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $79,000 +7899900.0% $88 / Sq Ft
05/31/2013 05/31/13 Sold $1 -100.0% $0 / Sq Ft
04/26/2013 04/26/13 Pending -- -- --
04/22/2013 04/22/13 For Sale $18,900 -- $18 / 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
2023 $348 $26,000 $7,800 $18,200
2022 $342 $26,000 $7,800 $18,200
2021 $335 $26,000 $7,800 $18,200
2020 $265 $19,200 $7,800 $11,400
2019 $267 $19,200 $7,800 $11,400
2018 $254 $19,200 $7,800 $11,400
2016 $351 $26,677 $7,800 $18,877
2015 $346 $26,677 $7,800 $18,877
2014 $336 $26,677 $7,800 $18,877
Source: Public Records

Agents Affiliated with this Home

  • David Cooper

    Seller's Agent in 2021

    David Cooper

    Cooper Realty

    (336) 655-7534

    3 in this area

    176 Total Sales

    Section Image
  • James Redden

    Seller's Agent in 2013

    James Redden

    Keller Williams Realty Elite

    (336) 782-6291

    87 Total Sales

    Section Image
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Map

Source: Triad MLS

MLS Number: 1014978

Triad MLS

APN: 6835-96-1539

North Carolina Forsyth County Winston-Salem 27101 Skyland

227 Terrace Ave, Winston-Salem, NC

This home is located at 227 Terrace Ave, Winston Salem, NC 27101 since 09 March 2021 and is currently estimated at $100,331, approximately $83 per square foot. This property was built in 1953. 227 Terrace Ave is a home located in Forsyth County with nearby schools including Petree Elementary, East Forsyth Middle, and Carver High.

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