NOT LISTED FOR SALE

Estimated Value: $80,000 - $87,335

1 Bed
1 Bath
700 Sq Ft
$125/mo HOA Fee

Last Sold February 28, 2019

Last sale price $43,000 $61 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $617/month

57 Days on Market

Highlights

  • Outdoor Pool
  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • Main Floor Primary Bedroom

About This Home

As of February 2019

Investors Welcome! Fantastic opportunity for first time investor! Completely renovated this year. New paint, fixtures, flooring and much more! Located in the popular Salem Square neighborhood. The convenient location makes this one the perfect choice! Neighborhood pool and basketball court.

Last Agent to Sell the Property

Candy Hege

Southern Signature Properties License #295405 Listed on: 11/13/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $396

Year Built

  • Built in 1967

Lot Details

  • 436

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 660 Sq Ft Home
  • 500-700 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Laminate Flooring

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Pool

  • Outdoor Pool

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 6815137314
  • 1% Total Tax Rate

Community Details

Overview

  • Salem Square Condos Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$396

Year Built

Built in 1967

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: 0
  • Subdivision Name: Salem Square Condos
  • Directions: Business to Silas Creek Pkwy W, Exit Country Club Rd., Right on Country Club Rd., Salem Square on Left, Last group of Condo. 3828 in the back.
  • Above Grade Finished Sq Ft: 660
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 1967
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 500 - 700
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 660
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Lighting
  • Pool Features: Community
  • Construction Type: Brick
  • TRIADMLS_PoolYN: Yes

Garage/Parking

  • Parking Features: Paved

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: 125
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 6815137314
  • Zoning: RM18
  • TRIADMLS_DeedPage: 223-225
  • TRIADMLS_DeedBook: 3401
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 396
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.3209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2018
Closed on
Feb 28, 2019
Sold by
Nichols Hope
Bought by
Tatum Phillip
Seller's Agent
Candy Hege
Southern Signature Properties
List Price
$50,000
Sold Price
$43,000
Premium/Discount to List
-$7,000
-14%
Current Estimated Value
$83,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,584
Avg. Annual Appreciation
10.54%
Original Mortgage
$44,000
Outstanding Balance
$38,969
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$44,615

Purchase Details

Closed on
Apr 23, 2018
Sold by
Thompson Bryan C and Estate Of Louise J Bullington
Bought by
Nichols Hope

Purchase Details

Closed on
Jan 9, 2009
Sold by
Burris Amy Elizabeth
Bought by
Bullington Jack W and Bullington Louise J

Purchase Details

Closed on
Jan 31, 2006
Sold by
Fortescue William W and Fortescue De Anne
Bought by
Burris Amy Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2001
Sold by
Duggins Vernell
Bought by
Fortescue William W
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
Tatum Phillip $43,000 None Available
Nichols Hope $31,000 None Available
Bullington Jack W -- None Available
Burris Amy Elizabeth $41,000 None Available
Fortescue William W $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tatum Phillip $44,000
Previous Owner Burris Amy Elizabeth $41,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2019 02/28/19 Sold $43,000 -14.0% $86 / Sq Ft
01/10/2019 01/10/19 Pending -- -- --
11/13/2018 11/13/18 For Sale $50,000 -- $100 / 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 $586 $88,500 $14,500 $74,000
2024 $560 $41,800 $8,000 $33,800
2023 $560 $41,800 $8,000 $33,800
2022 $549 $41,800 $8,000 $33,800
2021 $539 $41,800 $8,000 $33,800
2020 $414 $30,000 $14,000 $16,000
2019 $417 $30,000 $14,000 $16,000
2018 $396 $30,000 $14,000 $16,000
2016 $358 $27,233 $14,000 $13,233
2015 $353 $27,233 $14,000 $13,233
2014 -- $27,233 $14,000 $13,233
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 910444

Triad MLS

APN: 6815-13-7314