NOT LISTED FOR SALE

2840 Cole Rd Winston Salem, NC 27107

Estimated Value: $256,000 - $361,000

3 Beds
1 Bath
1,500 Sq Ft
$213/Sq Ft Est. Value

Last Sold May 03, 2021

Last sale price $245,000 $163 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,155/month

114 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Porch
  • No HOA

About This Home

As of May 2021

Nice brick ranch home on just over 7 acres. Full unfinished basement. Currently zoned LI-S. County said home can be used as residential.

Last Agent to Sell the Property

Eddie Longbottom

Tri County Real Estate License #255658 Listed on: 12/01/2020

Last Buyer's Agent

Kimberly Weaver

RE/MAX Preferred Properties License #115247

RE/MAX Preferred Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,000

Year Built

  • Built in 1951

Lot Details

  • 7.35 Acre Lot
  • Lot Dimensions are 245 x 612 x 61 x 506 x 182 x 287 x 349 x 48 x 238
  • Property is zoned LI-S

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,367 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Free-Standing Range
  • Dryer Hookup
  • Unfinished Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Schools

  • Philo Middle School
  • Glenn High School

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6854322433
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,000

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 7.35
  • Lot Size: 245 x 612 x 61 x 506 x 182 x 287 x 349 x 48 x 238
  • Subdivision Name: None
  • Directions: From Winston Salem, take 311 South, exit at Ridgewood Dr, take right at the top of exit, right onto Cole Rd, house will be about 1/4 mile down on your left.
  • Above Grade Finished Sq Ft: 1367
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1951
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Electric Water Heater
  • Flooring: Vinyl, Wood
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1367
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, In Basement, Washer Hookup
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hall-Woodward
  • High School: Glenn
  • Middle Or Junior School: Philo

Lot Info

  • Parcel #: 6854322433
  • Zoning: LI-S
  • TRIADMLS_PricePerAcre: 40802.7211
  • TRIADMLS_DeedPage: 2574
  • TRIADMLS_DeedBook: 2702
  • TRIADMLS_AcresRange: 7 - 8

Tax Info

  • Tax Annual Amount: 5000
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 1.3209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2021
Sold by
4S Properties Llc
Bought by
2840 Cole Realty Llc
Current Estimated Value
$319,867

Purchase Details

Listed on
Dec 1, 2020
Closed on
May 3, 2021
Sold by
Cornerstone Tower Llc
Bought by
4S Properties Llc
Seller's Agent
Eddie Longbottom
Tri County Real Estate
Buyer's Agent
Kimberly Weaver
RE/MAX Preferred Properties
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%

Purchase Details

Closed on
Oct 18, 2006
Sold by
May Willard J Norman and May Willard Ada
Bought by
Cornerstone Tower Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage
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
2840 Cole Realty Llc -- None Available
4S Properties Llc $245,000 None Available
Cornerstone Tower Llc $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cornerstone Tower Llc $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2021 05/03/21 Sold $245,000 -- $204 / 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 $5,777 $329,100 $328,500 $600
2024 $5,513 $411,800 $411,400 $400
2023 $5,513 $411,800 $411,400 $400
2022 $5,410 $411,800 $411,400 $400
2021 $5,313 $411,800 $411,400 $400
2020 $4,964 $359,500 $359,100 $400
2019 $5,000 $359,500 $359,100 $400
2018 $4,749 $359,500 $359,100 $400
2016 $3,068 $233,145 $232,717 $428
2015 -- $233,145 $232,717 $428
2014 -- $233,145 $232,717 $428
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 004748

Triad MLS

APN: 6854-32-2433