NOT LISTED FOR SALE

2312 Cypress Dr Reidsville, NC 27320

Estimated Value: $241,000 - $266,000

3 Beds
2 Baths
1,800 Sq Ft
$140/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $108,000 $60 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $1,550/month

18 Days on Market

Highlights

  • No HOA
  • Attached Carport
  • Wood Siding
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of June 2015

Take a look at this home located in Belmont $10,000 below taxed value.This home has shelving and bookcases in the living room and a private family room on the back of the home. The house also has a nice amount of storage. The features include a carport and garage, as well as hardwood flooring though much of the home.

Last Buyer's Agent

Shannon Moore

River Lake Homes LLC License #278386

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,808

Year Built

  • Built in 1964

Lot Details

  • Lot Dimensions are 100x200
  • Property is zoned R20

Parking

  • 2 Car Attached Garage
  • Attached Carport

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • 1,500-1,800 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Belmont Subdivision

Listing and Financial Details

  • Assessor Parcel Number 144160
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,808

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single
  • Prop. Type: Residential
  • Lot Size: 100x200
  • Subdivision Name: Belmont
  • Directions: Coming out of Reidsville,take a left on Ridgewood Avenue off Richardson Drive,then left on Cypress,house on left.
  • Above Grade Finished Sq Ft: 1700
  • Unit Levels: One
  • Year Built: 1964
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1500 - 1800
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Water Heater: Gas
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1700
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: City Lot
  • Construction Type: Brick, Wood Siding
  • Foundation Details: Crawl Space

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached Carport, Attached
  • Garage Description: Attached Carport, Attached Garage

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 144160
  • Zoning: R20
  • TRIADMLS_DeedPage: 1417
  • TRIADMLS_DeedBook: 898
  • TRIADMLS_AcresRange: -

Tax Info

  • Tax Annual Amount: 1807.73
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 1.408

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2015
Closed on
Jun 30, 2015
Sold by
Tolley Richard T and Bishop Kay E
Bought by
Grubbs Elizabeth L
Buyer's Agent
Shannon Moore
River Lake Homes LLC
List Price
$115,000
Sold Price
$108,000
Premium/Discount to List
-$7,000
-6.09%
Current Estimated Value
$252,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,661
Avg. Annual Appreciation
8.58%
Original Mortgage
$98,901
Outstanding Balance
$78,153
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$174,508
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
Grubbs Elizabeth L $108,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grubbs Elizabeth L $98,901
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2015 06/30/15 Sold $108,000 -6.1% $72 / Sq Ft
05/26/2015 05/26/15 Pending -- -- --
05/07/2015 05/07/15 For Sale $115,000 -- $77 / 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 $2,575 $207,390 $23,408 $183,982
2024 $2,576 $207,390 $23,408 $183,982
2023 $2,576 $122,975 $21,280 $101,695
2022 $1,767 $122,975 $21,280 $101,695
2021 $1,763 $122,975 $21,280 $101,695
2020 $1,766 $122,975 $21,280 $101,695
2019 $1,715 $119,411 $21,280 $98,131
2018 $1,812 $125,887 $27,280 $98,607
2017 $1,959 $125,887 $27,280 $98,607
2015 $1,808 $125,887 $27,280 $98,607
2014 $1,808 $125,887 $27,280 $98,607
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 757621

Triad MLS

APN: 144160