NOT LISTED FOR SALE

Estimated Value: $130,863

2 Beds
1 Bath
1,000 Sq Ft
$140/mo HOA Fee

Last Sold June 11, 2015

Last sale price $29,280 $29 Per Sq Ft

Est. 347% increase in value since last sale

Current estimated payment $909/month

94 Days on Market

Highlights

  • Wood Flooring
  • Frank Morgan Elementary School Rated A-
  • Ceiling Fan

About This Home

As of June 2015

INVESTMENT POTENTIAL - Eight "BAY MEADOW CONDOS" priced ONLY as a "BUNDLE" - $250,000 "AS IS". Great Clemmons location, off Peace Haven & Kinnamon Road, easy access to I-40. Currently Occupied with Month-to-Month Rentals of $500-$550 per Unit. HOA fees $140/month - Community Pool. Pre-Qualification required prior to all appointments with a 5 day notice. Bundled Properties include: 2320F, 2325-B, 2335-A, 2335-D, 2340-B, 2340-E, 2340-G, 2340-H. Laundry Facility Available in Building.

Last Listed By

Vicki Fleming

Mays Realty License #72232 Listed on: 01/15/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $382

Year Built

  • Built in 1969

Lot Details

  • 436

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 868 Sq Ft Home
  • 700-1,000 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heat Pump System

Community Details

  • Bay Meadows Condominiiums Subdivision

Listing and Financial Details

  • Legal Lot and Block 40H / 4233B
  • Assessor Parcel Number 5893066340
  • 1% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$382

Year Built

Built in 1969

Lot Details

0

HOA Fees

$140 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: condo
  • Subdivision Name: Bay Meadows Condominiiums
  • Directions: I-40 W - Lewisville-Clemmons Exit 184 - R onto Lewisville-Clemmons Rd- R-Peace Haven - R-Kinnamon in Traffic Circle Bear R into Bay Meadows
  • Above Grade Finished Sq Ft: 868
  • Architectural Style: Condo Upper
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 1969
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_AdCopy: INVESTMENT POTENTIAL - Eight "BAY MEADOW CONDOS" priced ONLY as a "BUNDLE" - $250,000 "AS IS".Great Clemmons location, off Peace Haven & Kinnamon Road, easy access to I-40. Currently Occupied with Month-to-Month Rentals of $500-$550 per Unit. HOA fees
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 868
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Unknown

Condo/Co-op/Association

  • Association Fee: 140
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 5893066340
  • Zoning: RM8
  • TRIADMLS_PlatPage: 49-50
  • TRIADMLS_DeedPage: 1254
  • TRIADMLS_DeedBook: 2738
  • TRIADMLS_PlatBook: 1

Tax Info

  • Tax Annual Amount: 381.86
  • Tax Block: 4233B
  • Tax Lot: 40H
  • Tax Map Number: 588834
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 0.8818

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2015
Closed on
Jun 11, 2015
Sold by
Thompson Bryan C
Bought by
Tai So Shim and Tai Waync
Seller's Agent
Vicki Fleming
Mays Realty
List Price
$30,500
Sold Price
$29,280
Premium/Discount to List
-$1,220
-4%
Total Days on Market
94
Current Estimated Value
$130,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,583
Avg. Annual Appreciation
17.08%

Purchase Details

Closed on
Mar 9, 2007
Sold by
Us Bank Na
Bought by
Hayes Jeffrey D and Bumgarner Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,775
Interest Rate
6.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 23, 1997
Sold by
Brookstown Warehouse Inc
Bought by
Jackson Charles B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,624
Interest Rate
7.01%

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
Tai So Shim $29,280 None Available
Hayes Jeffrey D $40,500 None Available
Jackson Charles B $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hayes Jeffrey D $43,775
Previous Owner Englebert Tina Myers $42,400
Previous Owner Jackson Charles B $38,624
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2015 06/11/15 Sold $29,280 -4.0% $42 / Sq Ft
04/20/2015 04/20/15 Pending -- -- --
01/15/2015 01/15/15 For Sale $30,500 -- $44 / 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 $510 $47,600 $15,800 $31,800
2022 $510 $47,600 $15,800 $31,800
2021 $510 $47,600 $15,800 $31,800
2020 $385 $35,100 $15,800 $19,300
2019 $388 $35,100 $15,800 $19,300
2018 $377 $35,100 $15,800 $19,300
2016 $391 $36,506 $14,000 $22,506
2015 $391 $36,506 $14,000 $22,506
2014 $382 $36,506 $14,000 $22,506
Source: Public Records

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Source: Triad MLS

MLS Number: 728358

Triad MLS

APN: 5893-06-6340