NOT LISTED FOR SALE

Estimated Value: $65,000 - $150,828

3 Beds
1 Bath
1,300 Sq Ft
$90/Sq Ft Est. Value

Last Sold March 23, 2023

Last sale price $55,000 $42 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $686/month

4 Days on Market

About This Home

As of March 2023

Great investment property! 3 bed 1 bath brick home located in a good neighborhood in the heart of Winston Salem. House has an unfinished basement with endless possibilities. At this price this one will not last long, don't miss this opportunity. Home would be a great investment property. ** prior contract was cancelled on buyer's side due to structure. Please see attached knowledge of the structural issues.**

Last Agent to Sell the Property

Mike Headley

The Headley Group Realty License #253184 Listed on: 02/03/2023

Last Buyer's Agent

Valente De Los Santos

NorthGroup Real Estate License #293056

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $804

Year Built

  • Built in 1963

Lot Details

  • 0.27 Acre Lot
  • Property is zoned RS9

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,152 Sq Ft Home
  • 1,000-1,300 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6846273153
  • 2% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$804

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.27
  • Lot Size: 11761sqft
  • Subdivision Name: None
  • Directions: From Hwy 52N take exit 11A. Continue on NE 26th St. Take Bowen Blvd to Drewry Ln NE. Home on right.
  • Above Grade Finished Sq Ft: 1152
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1963
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1300
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1152
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6846273153
  • Zoning: RS9
  • TRIADMLS_PricePerAcre: 203703.7037
  • TRIADMLS_DeedPage: 3730
  • TRIADMLS_DeedBook: 3455
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 804
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 1.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2023
Closed on
Mar 21, 2023
Sold by
Conrex Residential Property Group 2016 T
Bought by
Triad Casa Llc
Seller's Agent
Mike Headley
The Headley Group Realty
Buyer's Agent
Valente De Los Santos
NorthGroup Real Estate
List Price
$49,500
Sold Price
$55,000
Premium/Discount to List
$5,500
11.11%
Views
368
Current Estimated Value
$116,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,457
Avg. Annual Appreciation
34.36%

Purchase Details

Closed on
Jan 6, 2023
Sold by
Conrex Residential Property Group 2016-0
Bought by
Conrex Residential Property Group 2016 Trs Ll

Purchase Details

Closed on
Apr 18, 2019
Sold by
Conrex Master Llc
Bought by
Conrex Res Prop Group 2016 03 Operating

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 26, 2018
Closed on
Jan 22, 2019
Sold by
Keilitz Craig D
Bought by
Conrex Moster Llc
Seller's Agent
Teresa Overcash
Realty One Group Results
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$50,000
Sold Price
$50,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.43%

Purchase Details

Closed on
Feb 21, 2000
Sold by
Evans Howard and Evans Mary C
Bought by
Cooks Properties Llc

Purchase Details

Closed on
Oct 20, 1999
Sold by
Slade Derrick E and Larietta Slade
Bought by
Altegra Credit Company
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
Triad Casa Llc $55,000 --
Conrex Residential Property Group 2016 Trs Ll -- --
Conrex Res Prop Group 2016 03 Operating -- Os National Llc
Conrex Moster Llc $50,000 None Available
Cooks Properties Llc $30,000 --
Evans Howard $27,000 --
Altegra Credit Company $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Conrex Res Prop Group 2016 03 Operating $130,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/23/2023 03/23/23 Sold $55,000 +11.1% $55 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
02/03/2023 02/03/23 For Sale $49,500 -1.0% $50 / Sq Ft
01/22/2019 01/22/19 Sold $50,000 0.0% $50 / Sq Ft View Prior Sale
01/22/2019 01/22/19 Sold $50,000 0.0% $43 / Sq Ft View Prior Sale
12/23/2018 12/23/18 Pending -- -- --
12/10/2018 12/10/18 Pending -- -- --
09/26/2018 09/26/18 For Sale $50,000 -9.1% $43 / Sq Ft
06/30/2018 06/30/18 For Sale $55,000 -- $55 / 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
2024 $819 $61,200 $9,000 $52,200
2023 $819 $61,200 $9,000 $52,200
2022 $804 $61,200 $9,000 $52,200
2021 $790 $61,200 $9,000 $52,200
2020 $296 $21,400 $5,400 $16,000
2019 $292 $21,000 $5,400 $15,600
2018 $277 $21,000 $5,400 $15,600
2016 $251 $19,125 $4,500 $14,625
2015 $248 $19,125 $4,500 $14,625
2014 $240 $19,125 $4,500 $14,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1095385

Triad MLS

APN: 6846-27-3153