NOT LISTED FOR SALE

Estimated Value: $248,000 - $289,000

3 Beds
2 Baths
1,800 Sq Ft
$148/Sq Ft Est. Value

Last Sold April 27, 2016

Last sale price $126,250 $70 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,534/month

140 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Forced Air Heating and Cooling System
  • No HOA
  • Storm Windows
  • Fenced

About This Home

As of April 2016

Charming well cared for cottage in the Washington Park Neighborhood. Wood floors. Spacious kitchen opens to dining room. Recent roof. Nice deck from kitchen overlooking fenced yard. Main level master. Good walk-in attic for storage. Main level laundry. Upstairs walk in closet is shared with both bedrooms. Close to Salem College, UNC School of the Arts and neighborhood businesses.

Last Agent to Sell the Property

Kim Mitchell

Leonard Ryden Burr Real Estate License #130938 Listed on: 10/16/2015

Last Buyer's Agent

Kim Mitchell

Leonard Ryden Burr Real Estate License #130938 Listed on: 10/16/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,064

Year Built

  • Built in 1938

Lot Details

  • Lot Dimensions are 66 x 83
  • Fenced
  • Property is zoned RS7

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1,655 Sq Ft Home
  • 1,400-1,800 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Storm Windows
  • Storm Doors

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Washington Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 012 / 0680A
  • Assessor Parcel Number 6834365503
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,064

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 66 x 83
  • Subdivision Name: Washington Park
  • Directions: South on Main Street, Right on Sprague
  • Above Grade Finished Sq Ft: 1655
  • Architectural Style: Cottage
  • Unit Levels: One and One Half
  • Year Built: 1938
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1400 - 1800
  • TRIADMLS_PorchYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Exhaust Fan, Electric Water Heater
  • Flooring: Vinyl, Wood
  • Has Basement: Unfinished, Cellar
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Living Area: 1655
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: Fenced
  • Lot Features: Near Public Transit
  • Construction Type: Vinyl Siding
  • Flood Zone: Not in Flood Zone

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric
  • Energy Features: Storm Doors, Storm Windows

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6834365503
  • Zoning: RS7
  • TRIADMLS_AcresRange: -

Tax Info

  • Tax Annual Amount: 1064
  • Tax Block: 0680A
  • Tax Lot: 012
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 1.296

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2015
Closed on
Apr 8, 2016
Sold by
Cummings Victoria J
Bought by
Lovitt Dreama I
Seller's Agent
Kim Mitchell
Leonard Ryden Burr Real Estate
Buyer's Agent
Kim Mitchell
Leonard Ryden Burr Real Estate
List Price
$142,500
Sold Price
$126,250
Premium/Discount to List
-$16,250
-11.4%
Current Estimated Value
$266,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,916
Avg. Annual Appreciation
8.16%
Original Mortgage
$113,600
Outstanding Balance
$90,152
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$176,014

Purchase Details

Closed on
Jul 7, 2006
Sold by
Gambill Albert C and Gambill Tommie P
Bought by
Cummings Victoria J
Source: Public Records

Range of Values:

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Average Value
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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
Lovitt Dreama I $126,500 None Available
Cummings Victoria J $110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovitt Dreama I $113,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2016 04/27/16 Sold $126,250 -11.4% $90 / Sq Ft
03/05/2016 03/05/16 Pending -- -- --
10/16/2015 10/16/15 For Sale $142,500 -- $102 / 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 $1,692 $238,200 $26,400 $211,800
2024 $1,615 $120,600 $27,200 $93,400
2023 $1,615 $120,600 $27,200 $93,400
2022 $1,584 $120,600 $27,200 $93,400
2021 $1,556 $120,600 $27,200 $93,400
2020 $1,491 $108,000 $8,600 $99,400
2019 $1,497 $107,600 $8,600 $99,000
2018 $1,421 $107,600 $8,600 $99,000
2016 $1,112 $84,480 $7,200 $77,280
2015 $548 $84,480 $7,200 $77,280
2014 $1,062 $84,480 $7,200 $77,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 775159

Triad MLS

APN: 6834-36-5503