NOT LISTED FOR SALE

2831 Tully Square Unit C Winston Salem, NC 27106

Estimated Value: $100,858 - $113,000

2 Beds
2.5 Baths
1,300 Sq Ft
$195/mo HOA Fee

Last Sold October 23, 2017

Last sale price $22,000 $17 Per Sq Ft

Est. 390% increase in value since last sale

Current estimated payment $857/month

36 Days on Market

Highlights

  • Outdoor Pool
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of October 2017

Great location near Oldtown Golf Course, L.J.Coliseum, Wake Forest and Downtown W.S. 2 beds with their own baths and half bath on main level, HOA covers Pool, landscaping, water and sewer...Ready to sell below the tax value.

Last Listed By

Sharon Collins

RE/MAX Realty Consultants License #208511 Listed on: 08/16/2017

RE/MAX Realty Consultants

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $424

Year Built

  • Built in 1967

Lot Details

  • 436

HOA Fees

  • $195 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,200 Sq Ft Home
  • 1,000-1,300 Sq Ft Home
  • Property has 2 Levels

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Pool

  • Outdoor Pool

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 6826679250
  • 1% Total Tax Rate

Community Details

Overview

  • Georgetown Condominiums Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$424

Year Built

Built in 1967

Lot Details

0

HOA Fees

$195 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.01
  • Lot Size: .01
  • Subdivision Name: Georgetown Condominiums
  • Directions: Exit Bus.40 to Cherry Street, continue until it turns into University Pkwy. Turn left on Colusiem Drive, travel 1 block to Georgetown Condos turn right. At entrance sign turn left to 2nd cul de sac (Tully Square).
  • Above Grade Finished Sq Ft: 1200
  • Architectural Style: Condo Main
  • Unit Levels: Two
  • Structure Type: Condominium
  • Year Built: 1967
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Laminate, Vinyl
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1200
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: None
  • Lot Features: City Lot
  • Pool Features: Community
  • Construction Type: Brick
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: Yes
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 195
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 6826679250
  • Zoning: RM18
  • TRIADMLS_PricePerAcre: 2910000
  • TRIADMLS_DeedPage: 3086
  • TRIADMLS_DeedBook: 2790
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 424.01
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 1.3209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2017
Closed on
Oct 12, 2017
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Caesar Ronita D
Seller's Agent
Sharon Collins
RE/MAX Realty Consultants
List Price
$29,100
Sold Price
$22,000
Premium/Discount to List
-$7,100
-24.4%
Total Days on Market
36
Current Estimated Value
$107,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,715
Avg. Annual Appreciation
23.55%

Purchase Details

Closed on
Aug 2, 2017
Sold by
Vilas Eduardo
Bought by
Wilmington Savings Fund Society and Christiana Trust

Purchase Details

Closed on
Oct 10, 2007
Sold by
Theilen Theilen Janel Janel and Theilen Manchester Janel
Bought by
Vilas Eduardo E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,700
Interest Rate
7%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 26, 2006
Sold by
Manchester E Travis
Bought by
Manchester Janel Theilen

Purchase Details

Closed on
Jul 27, 2004
Sold by
Carella Joan M and Carella Joseph D
Bought by
Manchester Eric T and Manchester Janel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.24%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 3, 2000
Sold by
First Citizens Bank & Trust Company
Bought by
Carella Joseph D and Carella Joan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,200
Interest Rate
8.12%
Source: Public Records

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Range of Values:

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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
Caesar Ronita D $22,000 Servicelink Llc
Wilmington Savings Fund Society $45,000 None Available
Vilas Eduardo E $59,000 None Available
Manchester Janel Theilen -- None Available
Manchester Eric T $62,500 --
Carella Joseph D $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vilas Eduardo E $58,700
Previous Owner Manchester Eric T $50,000
Previous Owner Carella Joseph D $47,000
Previous Owner Carella Joseph D $46,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2017 10/23/17 Sold $22,000 -24.4% $22 / Sq Ft
09/22/2017 09/22/17 Pending -- -- --
08/16/2017 08/16/17 For Sale $29,100 -- $29 / 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
2023 $679 $50,700 $10,000 $40,700
2022 $666 $50,700 $10,000 $40,700
2021 $654 $50,700 $10,000 $40,700
2020 $443 $32,100 $4,000 $28,100
2019 $446 $32,100 $4,000 $28,100
2018 $439 $32,100 $4,000 $28,100
2016 $422 $32,079 $4,000 $28,079
2015 $416 $32,079 $4,000 $28,079
2014 $403 $32,079 $4,000 $28,079
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 846457

Triad MLS

APN: 6826-67-9250