NOT LISTED FOR SALE

2501 Grooms Rd Reidsville, NC 27320

Estimated Value: $109,000 - $139,000

1 Bed
1 Bath
1,000 Sq Ft
$128/Sq Ft Est. Value

Last Sold December 16, 2019

Last sale price $47,500 $48 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $737/month

21 Days on Market

About This Home

As of December 2019

ATTENTION INVESTORS: Come see the potential this home has! The home is almost complete only needing a few finishing touches, mainly flooring. Two bonus rooms can serve as additional bedrooms, office, kids space, or whatever you'd like them to be. Nice size corner lot with large yard. Home being sold as-is.

Last Buyer's Agent

Regina Sharpe

Sharpe Realty License #220502

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $369

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 115 x 141 x 81 x 140
  • Property is zoned RP

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 896 Sq Ft Home
  • 800-1,000 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 161994
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$369

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: 115 x 141 x 81 x 140
  • Subdivision Name: None
  • Directions: Head south on Barnes St and take a left onto Holiday Loop Rd. Turn left onto Grooms Rd. Home is 4 miles down Grooms Rd on the left.
  • Above Grade Finished Sq Ft: 896
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1950
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 800 - 1000
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 896
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 161994
  • Zoning: RP
  • TRIADMLS_AcresRange: -

Tax Info

  • Tax Annual Amount: 368.6
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 0.696

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2019
Closed on
Dec 12, 2019
Sold by
Ferguson Linda D and Ferguson Kenneth
Bought by
Deremer John D and Deremer Tammy L
Buyer's Agent
Regina Sharpe
Sharpe Realty
Sold Price
$47,500
Current Estimated Value
$127,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,432
Avg. Annual Appreciation
18.39%
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 Buyer Sale Price Title Company
Deremer John D $48,000 Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2019 12/16/19 Sold $47,500 -- $59 / 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 $755 $117,790 $9,504 $108,286
2024 $755 $117,790 $9,504 $108,286
2023 $369 $46,956 $8,640 $38,316
2022 $369 $46,956 $8,640 $38,316
2021 $369 $46,956 $8,640 $38,316
2020 $369 $46,956 $8,640 $38,316
2019 $369 $46,956 $8,640 $38,316
2018 $375 $47,749 $18,160 $29,589
2017 $366 $47,749 $18,160 $29,589
2015 $369 $47,749 $18,160 $29,589
2014 -- $47,749 $18,160 $29,589
Source: Public Records

Agents Affiliated with this Home

  • Regina Sharpe

    Buyer's Agent in 2019

    Regina Sharpe

    Sharpe Realty

    (336) 613-5934

    30 in this area

    105 Total Sales

    Regina Sharpe
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Map

Source: Triad MLS

MLS Number: 955931

Triad MLS

APN: 161994

North Carolina Rockingham County Reidsville 27320

2501 Grooms Rd, Reidsville, NC

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