NOT LISTED FOR SALE

Estimated Value: $369,000 - $417,000

5 Beds
2.5 Baths
2,801 Sq Ft
$137/Sq Ft Est. Value

Last Sold April 27, 2012

Last sale price $176,200 $63 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $2,347/month

203 Days on Market

Highlights

  • Newly Remodeled
  • Porch
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • 2 Car Attached Garage
  • Ceiling Fan

About This Home

As of April 2012

Beautiful 2800 sqft brick front new home with lots of upgrades. Kitchen has granite counter tops, recessed lighting, & black appliances; Large breakfast nook & formal dining room; Master suite has trey ceiling, 2 walk-n closets and deluxe bath / spa. Hardwood flooring in the foyer, extended foyer, dining room, and powder room. Spacious 5th bedroom or rec room over garage; Large fenced in backyard with 10x12 patio. PAID CLOSING COST for Jan '12 closing w/DHI Mortgage. USDA eligible for $0 down financing.

Last Agent to Sell the Property

Theodore Bullock

DR Horton License #264575 Listed on: 08/11/2011

DR Horton

Last Buyer's Agent

Theodore Bullock

DR Horton License #264575 Listed on: 08/11/2011

DR Horton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,356

Year Built

  • Built in 2011 | Newly Remodeled

Lot Details

  • 0.3 Acre Lot
  • Level Lot
  • Property is zoned RS

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,801 Sq Ft Home
  • Property has 2 Levels
  • Elevator
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Great Room with Fireplace
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Separate Shower

Outdoor Features

  • Porch

Schools

  • Southeast Middle School
  • Southeast High School

Utilities

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

Community Details

  • Gramercy Park West Subdivision

Listing and Financial Details

  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,356

Year Built

Built in 2011 | Newly Remodeled

Lot Details

0

HOA Fees

$23 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Subdivision Name: Gramercy Park West
  • Directions: From I-40 east on Lee St to Nelson Farm Rd, turn left, 1st street on right is Nelson Creek, home in cul de sac. From I-85, north on Youngs mill, turn left onto Lee St, go approx 1 mi to Nelson Farm Rd and turn right.
  • Above Grade Finished Sq Ft: 2801
  • Unit Levels: Two
  • New Construction: Yes
  • Year Built: 2011
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2801
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: New
  • TRIADMLS_ElevatorYN: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Pantry, See Remarks, Separate Shower
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Insulated Doors
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Living Area: 2801
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Lot Features: City Lot, Level
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab
  • Flood Zone: Not in Flood Zone
  • Completion Date: 2011-09-30T04:00:00.000Z

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas
  • Energy Features: Insulated Doors, Insulated Windows

Condo/Co-op/Association

  • Association Fee: 23
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Alamance
  • High School: Southeast
  • Middle Or Junior School: Southeast

Lot Info

  • Zoning: RS
  • TRIADMLS_PlatPage: 27
  • TRIADMLS_DeedPage: 1071-1095
  • TRIADMLS_DeedBook: R6568
  • TRIADMLS_PlatBook: 178

Tax Info

  • Tax Year: 2010
  • TRIADMLS_TaxRate: 1.3724

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2011
Closed on
Apr 27, 2012
Sold by
D R Horton Inc
Bought by
Parks Tasha A
Seller's Agent
Theodore Bullock
DR Horton
Buyer's Agent
Theodore Bullock
DR Horton
List Price
$200,189
Sold Price
$176,200
Premium/Discount to List
-$23,989
-11.98%
Current Estimated Value
$383,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,574
Avg. Annual Appreciation
5.99%
Original Mortgage
$171,733
Outstanding Balance
$118,145
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$265,629

Purchase Details

Closed on
Jul 6, 2011
Sold by
Redwolf Development Company Llc
Bought by
D R Horton Inc

Purchase Details

Closed on
Feb 17, 2010
Bought by
Redwolf Development Co Llc

Purchase Details

Closed on
Aug 19, 2005
Bought by
Mlp Construction Co Llc
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
Parks Tasha A $176,500 None Available
D R Horton Inc $76,000 None Available
Redwolf Development Co Llc $825,000 --
Mlp Construction Co Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parks Tasha A $171,733
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2012 04/27/12 Sold $176,200 -12.0% $63 / Sq Ft
03/02/2012 03/02/12 Pending -- -- --
08/11/2011 08/11/11 For Sale $200,189 -- $71 / 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 $3,356 $239,200 $50,000 $189,200
2024 $3,356 $239,200 $50,000 $189,200
2023 $3,356 $239,200 $50,000 $189,200
2022 $3,260 $239,200 $50,000 $189,200
2021 $2,609 $187,300 $30,000 $157,300
2020 $2,609 $187,300 $30,000 $157,300
2019 $2,609 $187,300 $0 $0
2018 $2,534 $187,300 $0 $0
2017 $2,534 $187,300 $0 $0
2016 $2,467 $178,200 $0 $0
2015 $2,481 $178,200 $0 $0
2014 $2,499 $178,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 620216

Triad MLS

APN: 0216916