NOT LISTED FOR SALE

2424 Cherokee Ln Winston Salem, NC 27103

Ardmore Neighborhood

Estimated Value: $204,000 - $245,000

2 Beds
1 Bath
912 Sq Ft
$249/Sq Ft Est. Value

Last Sold September 03, 2013

Last sale price $65,000 $71 Per Sq Ft

Est. 249% increase in value since last sale

Current estimated payment $1,331/month

93 Days on Market

Highlights

  • Wood Flooring
  • Bungalow
  • Floor Furnace
  • No HOA
  • Central Air
  • Partially Fenced Property

About This Home

As of September 2013

Back on Market!!! Affordable Ardmore Cottage - one level, 2 Bedroom, 1 Bath and attic access (pull down). Kitchen has tile floor, dishwasher, double sinks, stove and refrigerator. Hardwood floors throughout most all of home except kitchen and bath which have tile floors. Windows replaced, HVAC (Gas) and AC (electric) replaced in 2010/2011. Large deck 38x12.3 and Radon System in home. Partially fenced backyard, large day light basement and laundry area, great for storage with concrete floor. Move in ready!

Last Buyer's Agent

Paul McGill

McGill Realty License #55569

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $971

Year Built

  • Built in 1951

Lot Details

  • 0.25 Acre Lot
  • Partially Fenced Property
  • Property is zoned RS9

Parking

  • No Garage

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 912 Sq Ft Home
  • Property has 1 Level
  • Dishwasher
  • Dryer Hookup
  • Unfinished Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Ardmore Subdivision

Listing and Financial Details

  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$971

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Subdivision Name: Ardmore
  • Directions: Silas Creek Parkway South, Left on Ebert Street, Left on Cherokee Lane, after Kenwood Street home is 3rd on the Left.
  • Above Grade Finished Sq Ft: 912
  • Architectural Style: Bungalow
  • Unit Levels: One
  • Year Built: 1951
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 912
  • TRIADMLS_PorchYN: No
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Water Heater
  • Flooring: Tile, Wood
  • Interior Amenities: Dead Bolt(s)
  • Has Basement: Unfinished, Basement, Partial
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 912
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Exterior Features: Garden
  • Fencing: Fenced, Partial
  • Lot Features: City Lot
  • Construction Type: Vinyl Siding
  • Flood Zone: Flood Fringe

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, In Basement, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Floor Furnace, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: RS9
  • TRIADMLS_DeedPage: 4056
  • TRIADMLS_DeedBook: 2391

Tax Info

  • Tax Annual Amount: 970.9
  • Tax Map Number: 618846
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 1.149

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2013
Closed on
Aug 23, 2013
Sold by
Greer Randall Kent and Greer Sumiko
Bought by
Shelton Robert A
Buyer's Agent
Paul McGill
McGill Realty
List Price
$74,900
Sold Price
$65,000
Premium/Discount to List
-$9,900
-13.22%
Current Estimated Value
$226,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,724
Avg. Annual Appreciation
10.84%
Original Mortgage
$50,000
Outstanding Balance
$11,838
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$214,886

Purchase Details

Closed on
Aug 15, 2003
Sold by
Stevens George Read and Stevens Margaret H
Bought by
Greer Randall Kent and Greer Sumiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,600
Interest Rate
5.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2001
Sold by
Boles Christopher Gray and Boles Leslie H
Bought by
Stevens George Read

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
7.11%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Shelton Robert A $65,000 None Available
Greer Randall Kent $87,000 --
Stevens George Read $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shelton Robert A $50,000
Previous Owner Greer Randall Kent $69,600
Previous Owner Stevens George Read $64,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2013 09/03/13 Sold $65,000 -13.2% $71 / Sq Ft
08/01/2013 08/01/13 Pending -- -- --
04/29/2013 04/29/13 For Sale $74,900 -- $82 / 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 $1,591 $199,500 $48,900 $150,600
2024 $1,591 $118,800 $43,800 $75,000
2023 $1,591 $118,800 $43,800 $75,000
2022 $1,561 $118,800 $43,800 $75,000
2021 $1,533 $118,800 $43,800 $75,000
2020 $1,170 $84,700 $43,000 $41,700
2019 $1,178 $84,700 $43,000 $41,700
2018 $1,119 $84,700 $43,000 $41,700
2016 $1,112 $84,462 $40,909 $43,553
2015 $1,095 $84,462 $40,909 $43,553
2014 $1,062 $84,462 $40,909 $43,553
Source: Public Records

Agents Affiliated with this Home

  • Paul McGill

    Buyer's Agent in 2013

    Paul McGill

    McGill Realty

    (336) 817-2911

    3 in this area

    12 Total Sales

    Paul McGill
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Map

Source: Triad MLS

MLS Number: 671954

Triad MLS

APN: 6824-18-1330

North Carolina Forsyth County Winston-Salem 27103 Ardmore

2424 Cherokee Ln, Winston-Salem, NC

This home is located at 2424 Cherokee Ln, Winston Salem, NC 27103 since 29 April 2013 and is currently estimated at $226,724, approximately $248 per square foot. This property was built in 1951. 2424 Cherokee Ln is a home located in Forsyth County with nearby schools including Bolton Elementary School, Wiley Magnet Middle School, and Reynolds High School.

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