NOT LISTED FOR SALE

Estimated Value: $226,000 - $291,000

4 Beds
2.5 Baths
1,900 Sq Ft
$142/Sq Ft Est. Value

Last Sold December 18, 2015

Last sale price $90,000 $47 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $1,620/month

16 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Central Air
  • Ronald W. Reagan High School Rated A
  • 2 Car Attached Garage

About This Home

As of December 2015

381-920433(IE) Adorable Cape Cod 4 bdrm 2.5 bth home has lots of potential just needs a little TLC. Sits in nice quiet community close to local shops and businesses.AS-IS without repairs or warranties. See HUD Pemco or HUDHOMESTORE websites for Property Condition Report, environmental issues if any, online bidding, required contract and addenda. Registered HUD brokers only. All information is believed accurate, but should be verified by buyer.

Last Buyer's Agent

Melissa Dillon

Be There Realty, LLC License #266362

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,301

Year Built

  • Built in 1990

Lot Details

  • 0.46 Acre Lot
  • Property is zoned RS9

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,765 Sq Ft Home
  • 1,500-1,900 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cedar Forest Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6808417683
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,301

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Subdivision Name: Cedar Forest Estates
  • Directions: I-40BUS W/US-421 N,Take exit 6B for US-52 N/US-311 N/North Carolina 8 N toward Mount Airy/Smith Reynolds/Airport, Merge onto US-311 N/US-52 N,exit 115B toward University Pkwy,right onto University Pkwy, right onto Shattalon Dr.,right onto Gracemont Dr NW
  • Above Grade Finished Sq Ft: 1765
  • Architectural Style: Cape Cod
  • Unit Levels: One and One Half
  • Year Built: 1990
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1500 - 1900
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 1765
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6808417683
  • Zoning: RS9
  • TRIADMLS_PricePerAcre: 215217.3913
  • TRIADMLS_DeedPage: 2811
  • TRIADMLS_DeedBook: 3249
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1301
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 1.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2015
Closed on
Dec 16, 2015
Sold by
Secretary Of H U D Of Washington
Bought by
Forest Chris and Forest Amanda
Buyer's Agent
Melissa Dillon
Be There Realty, LLC
List Price
$99,000
Sold Price
$90,000
Premium/Discount to List
-$9,000
-9.09%
Current Estimated Value
$269,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,658
Avg. Annual Appreciation
11.96%
Original Mortgage
$81,000
Outstanding Balance
$64,315
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$205,343

Purchase Details

Closed on
Jun 5, 2015
Sold by
Arguesta Melvin and Arguesta Crystal
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Apr 27, 2007
Sold by
Patton Kevin Renard
Bought by
Argueta Melvin and Argueta Crystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,422
Interest Rate
6.1%
Mortgage Type
FHA
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
Forest Chris -- Attorney
The Secretary Of Hud $93,100 Attorney
Argueta Melvin $137,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forest Chris $81,000
Previous Owner Argueta Melvin $138,468
Previous Owner Argueta Melvin $136,422
Previous Owner Patton Kevin R $116,000
Previous Owner Patton Kevin R $186,685
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2015 12/18/15 Sold $90,000 -9.1% $60 / Sq Ft
10/23/2015 10/23/15 Pending -- -- --
10/06/2015 10/06/15 For Sale $99,000 -- $66 / 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
2024 $1,846 $137,900 $32,000 $105,900
2023 $1,846 $137,900 $32,000 $105,900
2022 $1,812 $137,900 $32,000 $105,900
2021 $1,779 $137,900 $32,000 $105,900
2020 $1,473 $106,700 $19,400 $87,300
2019 $1,484 $106,700 $19,400 $87,300
2018 $1,409 $106,700 $19,400 $87,300
2016 $1,362 $103,458 $16,650 $86,808
2015 $1,341 $103,458 $16,650 $86,808
2014 $1,301 $103,458 $16,650 $86,808
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 774180

Triad MLS

APN: 6808-41-7683