NOT LISTED FOR SALE

2565 Wards Gap Rd Mount Airy, NC 27030

Estimated Value: $134,069 - $214,000

2 Beds
1 Bath
900 Sq Ft
$194/Sq Ft Est. Value

Last Sold June 22, 2015

Last sale price $23,000 $26 Per Sq Ft

Est. 660% increase in value since last sale

Current estimated payment $956/month

10 Days on Market

Highlights

  • No HOA
  • Mount Airy Middle School Rated 9+
  • Electric Baseboard Heater

About This Home

As of June 2015

Great investment opportunity. Priced 20k under tax value. Within minutes of all major amenities. Buyer to verify all systems. Property to be sold as is.

Last Agent to Sell the Property

James Redden

Keller Williams Realty Elite License #205592 Listed on: 04/23/2015

Keller Williams Realty Elite

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $406

Year Built

  • Built in 1974

Lot Details

  • 0.38 Acre Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 810 Sq Ft Home
  • 700-900 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Electric Baseboard Heater
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 502108991756
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$406

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub Type: Single
  • Prop. Type: Residential
  • Lot Size Acres: 0.38
  • Subdivision Name: None
  • Directions: 52 North toward Mt Airy. North Main St turns into Wards Gap. Home on the Left.
  • Above Grade Finished Sq Ft: 810
  • Unit Levels: One
  • Year Built: 1974
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 700 - 900
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Water Heater: Electric
  • Has Basement: Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 810
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Basement

Utilities

  • Sewer: Septic
  • Cooling: None
  • Heating: Electric Baseboard, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 502108991756
  • Zoning: residential
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 406
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 0.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2015
Closed on
Jul 8, 2015
Sold by
Watson Howard P
Bought by
Mestyanek Lester
Seller's Agent
James Redden
Keller Williams Realty Elite
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$32,000
Sold Price
$23,000
Premium/Discount to List
-$9,000
-28.12%
Current Estimated Value
$174,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,767
Avg. Annual Appreciation
21.65%

Purchase Details

Listed on
Apr 23, 2015
Closed on
May 26, 2015
Sold by
U S Bank National Association
Bought by
Mestyanek Lester
Seller's Agent
James Redden
Keller Williams Realty Elite
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$32,000
Sold Price
$23,000
Premium/Discount to List
-$9,000
-28.12%

Purchase Details

Closed on
Feb 19, 2015
Sold by
Watson William P and Watson Tammy S
Bought by
U S Bank National Association

Purchase Details

Closed on
Jul 24, 2007
Sold by
Watson Howard
Bought by
Watson William P and Watson Tammy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1977
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
Mestyanek Lester -- None Available
Mestyanek Lester $23,000 Attorney
U S Bank National Association $56,934 None Available
Watson William P $65,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watson William P $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2015 06/22/15 Sold $23,000 -28.1% $33 / Sq Ft
05/04/2015 05/04/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $32,000 -- $46 / 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 $495 $73,490 $12,600 $60,890
2024 $419 $56,120 $10,800 $45,320
2023 $413 $56,120 $10,800 $45,320
2022 $413 $56,120 $10,800 $45,320
2021 $419 $56,120 $10,800 $45,320
2020 $412 $53,010 $10,800 $42,210
2019 $409 $53,010 $0 $0
2018 $403 $53,010 $0 $0
2017 $406 $53,010 $0 $0
2016 $401 $53,010 $0 $0
2013 -- $55,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 754922

Triad MLS

APN: 5021-08-99-1756