NOT LISTED FOR SALE

2350 Bay Meadows Ct Unit J Winston Salem, NC 27103

Estimated Value: $134,000 - $139,000

2 Beds
1.5 Baths
1,024 Sq Ft
$133/Sq Ft Est. Value

Last Sold August 26, 2014

Last sale price $27,500 $27 Per Sq Ft

Est. 394% increase in value since last sale

Current estimated payment $759/month

9 Days on Market

About This Home

As of August 2014

This property is located great with easy access to I-40 and downtown Winston Salem and all of the medical centers. There are some renovations needed to make this occupant ready but it has good investment potential. This is a Fannie Mae HomePath property and is approved for HomePath Renovation Mortgage Financing. Seller has requested all offers be made on the HomePath website. See attachments.

Last Agent to Sell the Property

Jerri Banner

Banner Team Properties Brokered by EXP Realty License #187266 Listed on: 07/27/2014

Banner Team Properties Brokered by EXP Realty

Co-Listed By

Alan Montgomery

Banner Team Properties Brokered by EXP Realty License #224662

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $280

Year Built

  • Built in 1969

Lot Details

  • Fenced
  • Property is zoned RM8

Parking

  • No Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,024 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 050j / 4233b
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$280

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: CONDO
  • Co List Office Mls Id: WATC02
  • Co List Office Phone: 336-722-0331
  • Directions: Merge onto I-40 W via EXIT 1 on the left toward Greensboro/Statesville.,Take EXIT 184 toward Lewisville,Merge onto Lewisville Clemmons Rd.Take the 3rd right onto S Peace Haven Rd.Take the 1st right onto Kinnamon Rd,
  • Above Grade Finished Sq Ft: 1024
  • Unit Levels: Two
  • Year Built: 1969
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1024
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1024
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Fencing: Fenced
  • Construction Type: Brick
  • Foundation Details: Slab

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: Electric

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Zoning: RM8

Tax Info

  • Tax Annual Amount: 280.27
  • Tax Block: 4233b
  • Tax Lot: 050j
  • Tax Map Number: 588834
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 0.0072

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2014
Closed on
Aug 21, 2014
Sold by
Fannie Mae
Bought by
Wu Hui Qiang
Seller's Agent
Jerri Banner
Banner Team Properties Brokered by EXP Realty
List Price
$27,900
Sold Price
$27,500
Premium/Discount to List
-$400
-1.43%
Current Estimated Value
$135,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,337
Avg. Annual Appreciation
15.18%

Purchase Details

Closed on
Jun 20, 2014
Sold by
Terry Tracy Lynn
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 15, 2004
Sold by
Hayzlip Christen M and Hayzlip Mavia
Bought by
Hayzlip Larry G and Hayzlip Dorothy L

Purchase Details

Closed on
Dec 11, 2002
Sold by
Reyes Oscar R and Reyes Lori T
Bought by
Hayzlip Christen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
6.07%

Purchase Details

Closed on
Apr 11, 2002
Sold by
Smith Dera M Charles and Smith Craig Alan
Bought by
Reyes Oscar R and Reyes Lori T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,600
Interest Rate
6.8%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wu Hui Qiang -- None Available
Federal National Mortgage Association $64,420 None Available
Hayzlip Larry G -- --
Hayzlip Christen M $64,000 --
Reyes Oscar R $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hayzlip Christen M $59,000
Previous Owner Reyes Oscar R $49,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2014 08/26/14 Sold $27,500 -1.4% $27 / Sq Ft
08/06/2014 08/06/14 Pending -- -- --
07/27/2014 07/27/14 For Sale $27,900 -- $27 / 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 $555 $113,400 $17,000 $96,400
2024 $545 $51,500 $15,800 $35,700
2023 $545 $51,500 $15,800 $35,700
2022 $545 $51,500 $15,800 $35,700
2021 $545 $51,500 $15,800 $35,700
2020 $398 $36,500 $15,800 $20,700
2019 $402 $36,500 $15,800 $20,700
2018 $389 $36,500 $15,800 $20,700
2016 $414 $39,110 $14,000 $25,110
2015 $414 $39,110 $14,000 $25,110
2014 -- $39,110 $14,000 $25,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 714215

Triad MLS

APN: 5893-06-8221