$77,000
SOLD JUL 29, 2013

2416 Cypress Ct High Point, NC 27265

Festival Park Neighborhood
3 Beds
4 Baths
3,410 Sq Ft
$170/mo HOA Fee

Recently Sold

$23 Per Sq Ft

38% Below List Price

102 Days on Market

Highlights

  • 1 Car Attached Garage
  • Central Air
  • Wood Siding

About This Home

As of September 2014

381-855927(IE$440) AS-IS without repairs or warranties.See HUDPemco or HUDHOMESTORE websites for Property Condition Report, environmental issues if any, online bidding, required contract and addenda. Registered HUD brokers only. All information is believed accurate, but should be verified by buyer. FHA borrowers may qualify for $100 down payment. FHA 203k renovation loan for qualified property and owner-occupant

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1984

HOA Fees

  • $170 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 3,410 Sq Ft Home
  • Property has 1 Level
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Waterfront Ph 01 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0203995
  • 2328% Total Tax Rate

Property Details

Home Type

Condominium

Year Built

Built in 1984

Lot Details

0

HOA Fees

$170 per month

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Subdivision Name: Waterfront Ph 01
  • Directions: I-85 S, exit toward Highway 62,Keep right at the fork and merge onto I-74 W, exit 67 for N Carolina 68/?Eastchester Dr toward I-40,right onto N Carolina 68 N/?Eastchester Dr ,1st left onto Cypress Ln,Continue straight onto Cypress Ct
  • Above Grade Finished Sq Ft: 3410
  • Architectural Style: Condo Main
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 1984
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 912
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3410
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Finished, Unfinished
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 912
  • Living Area: 3410
  • Main Level Bathrooms: 3
  • TRIADMLS_FullBathsMain: 3
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsLower: 1

Exterior Features

  • Construction Type: Wood Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached
  • Garage Description: Attached Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: 170
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 0203995
  • Zoning: RM-8
  • TRIADMLS_DeedPage: 406
  • TRIADMLS_DeedBook: 4570

Tax Info

  • Tax Annual Amount: 2328.37
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 2328

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2014
Closed on
Aug 27, 2014
Sold by
Blue Mountain Homes Llc
Bought by
Pritchett David and Lown Ashley
Seller's Agent
Alison Blaum
Real Broker LLC
Buyer's Agent
Lee Kemp
Allen Tate High Point
List Price
$154,900
Sold Price
$121,000
Premium/Discount to List
-$33,900
-21.89%
Current Estimated Value
$295,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,196
Avg. Annual Appreciation
8.53%
Original Mortgage
$114,950
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2013
Closed on
Jul 26, 2013
Sold by
Bulldognc Llc
Bought by
Blue Mountain Homes Llc
List Price
$125,000
Sold Price
$77,000
Premium/Discount to List
-$48,000
-38.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.65%

Purchase Details

Listed on
Feb 8, 2013
Closed on
Jul 24, 2013
Sold by
Secretary Of Hud Of Washington Dc
Bought by
Bulldognc Llc
List Price
$125,000
Sold Price
$77,000
Premium/Discount to List
-$48,000
-38.4%

Purchase Details

Closed on
Jan 22, 2013
Bought by
Secretary Of Housing And Urban Development Of

Purchase Details

Closed on
Aug 1, 1997
Bought by
Elder Thomas H
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 Type Sale Price Title Company
Warranty Deed $121,000 None Available
Warranty Deed $109,000 None Available
Special Warranty Deed -- None Available
Deed -- --
Warranty Deed $132,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $124,900 New Conventional
Closed $124,900 New Conventional
Closed $17,500 Credit Line Revolving
Closed $114,950 New Conventional
Previous Owner $170,939 FHA
Previous Owner $127,500 Balloon
Previous Owner $34,000 Stand Alone Second
Previous Owner $149,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2014 09/25/14 Sold $121,000 -21.9% $55 / Sq Ft
08/21/2014 08/21/14 Pending -- -- --
03/29/2014 03/29/14 For Sale $154,900 +101.2% $70 / Sq Ft
07/29/2013 07/29/13 Sold $77,000 -38.4% $23 / Sq Ft
05/22/2013 05/22/13 Pending -- -- --
02/08/2013 02/08/13 For Sale $125,000 -- $37 / 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 $3,142 $228,000 $38,000 $190,000
2022 $3,073 $228,000 $38,000 $190,000
2021 $2,004 $145,400 $20,000 $125,400
2020 $2,004 $145,400 $20,000 $125,400
2019 $2,004 $145,400 $0 $0
2018 $1,994 $145,400 $0 $0
2017 $2,004 $145,400 $0 $0
2016 $2,278 $162,400 $0 $0
2015 $2,290 $162,400 $0 $0
2014 $2,329 $162,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Alison Blaum

    Real Broker LLC

    (336) 409-9833

    109 Total Sales

    Alison Blaum
    Section Image

  • L

    Buyer's Agent in 2014

    Lee Kemp

    Allen Tate High Point

    (336) 848-1096

    3 in this area

    149 Total Sales

    Lee Kemp
    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 663996

Triad MLS

APN: 0203995

North Carolina Guilford County High Point 27265 Festival Park

2416 Cypress Ct, High Point, NC

This home is located at 2416 Cypress Ct, High Point, NC 27265 and is currently priced at $77,000, approximately $22 per square foot. This property was built in 1984. 2416 Cypress Ct is a home located in Guilford County with nearby schools including Montlieu Academy of Technology, Welborn Academy of Science & Technology, and T.W. Andrews High School.

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