NOT LISTED FOR SALE

374 S Cherry St Unit B Kernersville, NC 27284

Downtown Kernersville Neighborhood

Estimated Value: $90,000 - $137,000

2 Beds
1.5 Baths
864 Sq Ft
$90/mo HOA Fee

Last Sold January 25, 2012

Last sale price $26,500 $31 Per Sq Ft

Est. 325% increase in value since last sale

Current estimated payment $725/month

139 Days on Market

Highlights

  • Wood Flooring
  • Kernersville Middle Rated 9+
  • Forced Air Heating and Cooling System

About This Home

As of January 2012

Affordable 2BR 1.5 BA upper level condo perfect for first time buyer or investor.Ideal location near downtown and shopping.Why rent when you can buy?

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $476

Year Built

  • Built in 1970

Lot Details

  • 436

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 864 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Tanyard Court Villas Subdivision

Listing and Financial Details

  • Legal Lot and Block 908A / 5352E
  • 1% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$476

Year Built

Built in 1970

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.01
  • Subdivision Name: Tanyard Court Villas
  • Directions: I40 E South Main Street exit,left toward Downtown Kernersville,L on Cherry Street,Tanyard Court Villas are on Left.Turn into first driveway
  • Above Grade Finished Sq Ft: 864
  • Architectural Style: Condo Upper
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 1970
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 864
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • TRIADMLS_AdCopy: Affordable 2BR 1.5 BA upper level condo perfect for first time buyer or investor.Ideal location near downtown and shopping.Why rent when you can buy?
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Dead Bolt(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 864
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Lot Features: City Lot
  • Construction Type: Brick
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

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

Condo/Co-op/Association

  • Association Fee: 90
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Zoning: RM18

Tax Info

  • Tax Annual Amount: 476.48
  • Tax Block: 5352E
  • Tax Lot: 908A
  • Tax Map Number: 678862
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 1.1715

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2011
Closed on
Jan 20, 2012
Sold by
Walsh Patrick and Walsh Michele
Bought by
Vajgert Christopher S
List Price
$34,900
Sold Price
$26,500
Premium/Discount to List
-$8,400
-24.07%
Current Estimated Value
$112,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,106
Avg. Annual Appreciation
11.08%
Original Mortgage
$21,200
Outstanding Balance
$14,548
Interest Rate
4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$98,058

Purchase Details

Closed on
Feb 11, 2009
Sold by
Sink Stacy M and Scott Kelly M
Bought by
Walsh Michele and Walsh Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
5.08%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 29, 2009
Sold by
Sink Stacy May
Bought by
Sink Stacy M and Scott Kelly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
5.08%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 22, 2006
Sold by
Dyson Harold Dean and Dyson April M
Bought by
Anderson Roy V

Purchase Details

Closed on
Mar 27, 2000
Sold by
Robertson Dewey L and Robertson Cynthia S
Bought by
Dyson Harold Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8.37%

Purchase Details

Closed on
Oct 27, 1999
Sold by
Tezak Anne E
Bought by
Robertson Dewey L and Robertson Cynthia S
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
Vajgert Christopher S $26,500 None Available
Walsh Michele $35,000 None Available
Sink Stacy M -- None Available
Anderson Roy V $37,000 None Available
Dyson Harold Dean $39,000 --
Robertson Dewey L $37,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vajgert Christopher S $21,200
Previous Owner Walsh Michele $28,000
Previous Owner Dyson Harold Dean $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2012 01/25/12 Sold $26,500 -24.1% $31 / Sq Ft
12/13/2011 12/13/11 Pending -- -- --
07/26/2011 07/26/11 For Sale $34,900 -- $40 / 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 $557 $65,000 $8,000 $57,000
2024 $547 $40,200 $6,500 $33,700
2023 $547 $40,200 $6,500 $33,700
2022 $537 $40,200 $6,500 $33,700
2021 $537 $40,200 $6,500 $33,700
2020 $414 $28,500 $6,500 $22,000
2019 $417 $28,500 $6,500 $22,000
2018 $422 $28,500 $6,500 $22,000
2016 $393 $27,192 $6,500 $20,692
2015 $386 $27,192 $6,500 $20,692
2014 $382 $27,192 $6,500 $20,692
Source: Public Records

Map

Source: Triad MLS

MLS Number: 618857

Triad MLS

APN: 6886-03-7296

North Carolina Forsyth County Kernersville 27284 Downtown Kernersville

374 S Cherry St Unit B, Kernersville, NC

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