NOT LISTED FOR SALE

Estimated Value: $166,000 - $227,977

3 Beds
1.5 Baths
1,400 Sq Ft
$143/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $155,000 $111 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,218/month

5 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • No HOA
  • Ronald W. Reagan High School Rated A
  • Corner Lot
  • Fireplace in Basement

About This Home

As of September 2023

Great investment opportunity or starter home! There is plenty of potential in this 3 bed, 1.5 bath home that sits in the established neighborhood of Cedar Lake Estates in Old Town. Situated on an oversized corner lot, this property offers unfinished basement space with attached carport and rear entry garage. Our findings include one buried oil tank, and one in the basement as well as an abandoned well in the front yard. However, the city has confirmed that it is connected to public water & sewer. This home was previously used as a rental and being sold "AS IS". All this home needs is a little love! Due to the overabundance of showings and the offers received, Seller is asking that all offers by in by tomorrow, September 6th at 12:00 PM.

Last Agent to Sell the Property

Brad Hunter

Hunter Realty & Property Management, LLC License #214897 Listed on: 09/01/2023

Last Buyer's Agent

Carrera Poe Tyson

Mayberry Poe Realty License #281420

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,537

Year Built

  • Built in 1959

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100 x 200 x 100 x 200
  • Corner Lot
  • Level Lot
  • Property is zoned RS9

Parking

  • 2 Car Garage
  • Attached Carport
  • Rear-Facing Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,248 Sq Ft Home
  • 1,100-1,400 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Unfinished Basement
  • Fireplace in Basement
  • Dryer Hookup
  • Attic

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Mineral Springs Middle School
  • Reagan High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cedar Forest Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 018 / 3537
  • Assessor Parcel Number 6808415624
  • 133% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,537

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Lot Size: 100 x 200 x 100 x 200
  • Subdivision Name: Cedar Forest Estates
  • Directions: Take Silas Creek, stay left to continue on Fairlawn Dr, turn R onto Reynolda Rd, continue to Shattalon Dr, R onto Gracemount Dr, L onto Talcott Ave.
  • Above Grade Finished Sq Ft: 1248
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1959
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1400
  • TRIADMLS_PorchYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s)
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Basement
  • Fireplaces: 1
  • Living Area: 1248
  • Main Level Bathrooms: 2
  • Attic Description: No Access
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, Level
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Garage, Driveway, Attached Carport, Garage Faces Rear
  • Garage Description: Attached Carport, Back Load Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, In Basement, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Oil
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Oil
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Old Town
  • High School: Reagan
  • Middle Or Junior School: Mineral Springs

Lot Info

  • Parcel #: 6808415624
  • Zoning: RS9
  • TRIADMLS_PricePerAcre: 336956.5217
  • TRIADMLS_PlatPage: 38
  • TRIADMLS_DeedPage: 02184
  • TRIADMLS_DeedBook: 1919
  • TRIADMLS_PlatBook: 17
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1537
  • Tax Block: 3537
  • Tax Lot: 018
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 133

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2023
Closed on
Sep 15, 2023
Sold by
Chapman Family Trust
Bought by
M & E Properties Of Forsyth County Llc
Seller's Agent
Brad Hunter
Hunter Realty & Property Management, LLC
Buyer's Agent
Carrera Poe Tyson
Mayberry Poe Realty
List Price
$139,900
Sold Price
$155,000
Premium/Discount to List
$15,100
10.79%
Views
206
Current Estimated Value
$199,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,994
Avg. Annual Appreciation
10.73%

Purchase Details

Closed on
Sep 27, 1996
Bought by
Chapman Family Trust and Chapman
Source: Public Records

Range of Values:

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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
M & E Properties Of Forsyth County Llc $155,000 None Listed On Document
Chapman Family Trust -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $155,000 +10.8% $141 / Sq Ft
09/07/2023 09/07/23 Pending -- -- --
09/01/2023 09/01/23 For Sale $139,900 -- $127 / 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 $1,537 $114,800 $32,000 $82,800
2022 $1,508 $114,800 $32,000 $82,800
2021 $1,481 $114,800 $32,000 $82,800
2020 $1,201 $87,000 $19,400 $67,600
2019 $1,210 $87,000 $19,400 $67,600
2018 $1,149 $87,000 $19,400 $67,600
2016 $1,020 $77,516 $16,650 $60,866
2015 $1,004 $77,516 $16,650 $60,866
2014 $974 $77,516 $16,650 $60,866
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1117807

Triad MLS

APN: 6808-41-5624