NOT LISTED FOR SALE

402 E 16th St Winston Salem, NC 27105

North Winston Neighborhood

Estimated Value: $137,000 - $162,000

2 Beds
1 Bath
1,100 Sq Ft
$137/Sq Ft Est. Value

Last Sold October 07, 2020

Last sale price $50,000 $45 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $843/month

2 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Outdoor Storage
  • No HOA
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of October 2020

Attention Investors and First Time Home Buyers!! New Roof, New Windows, Upgraded Cabinets.

Last Agent to Sell the Property

Ralph Harding

The Real Estate Works License #192503 Listed on: 07/24/2020

Last Buyer's Agent

Zach Matthews

Leonard Ryden Burr Real Estate License #301392

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $282

Year Built

  • Built in 1925

Lot Details

  • 5,663 Sq Ft Lot
  • Property is zoned RM5

Parking

  • On-Street Parking

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1,022 Sq Ft Home
  • 900-1,100 Sq Ft Home
  • Property has 1 Level
  • Crawl Space
  • Free-Standing Range
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage
  • Porch

Location

  • City Lot

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 0203 / 0231
  • Assessor Parcel Number 6836325754
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$282

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Subdivision Name: None
  • Directions: Patterson Avenue to E. 16th Street.
  • Above Grade Finished Sq Ft: 1022
  • Architectural Style: Cottage
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1925
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 900 - 1100
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Tile, Wood
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1022
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: On Street

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: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6836325754
  • Zoning: RM5
  • TRIADMLS_PlatPage: 45
  • TRIADMLS_PlatBook: 1
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 282
  • Tax Block: 0231
  • Tax Lot: 0203
  • Tax Map Number: 630862
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.3209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2021
Sold by
Tripp Alan Thomas and Humphrey Kimberly Jane
Bought by
The Pactolus Group Llc
Current Estimated Value
$151,193

Purchase Details

Listed on
Jul 24, 2020
Closed on
Oct 7, 2020
Sold by
S & J Warren Group 2 Llc
Bought by
Tripp Alan T and Humphrey Kimberly Jane
Seller's Agent
Ralph Harding
The Real Estate Works
Buyer's Agent
Zach Matthews
Leonard Ryden Burr Real Estate
Sold Price
$50,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.22%
Original Mortgage
$37,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2015
Sold by
Pf 1 Llc
Bought by
Lakeside Portfolio Management Llc

Purchase Details

Listed on
Feb 12, 2015
Closed on
Apr 20, 2015
Sold by
Granite Loan Solutions Fund Iv Llc
Bought by
S And J Warren Group 2 Llc
List Price
$16,500
Sold Price
$14,000
Premium/Discount to List
-$2,500
-15.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.78%
Original Mortgage
$15,000
Interest Rate
3.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 10, 2014
Sold by
Pf I Llc
Bought by
Granite Loan Solutions Fund Iv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
3.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 17, 2012
Sold by
Feaster Vivian S
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The Pactolus Group Llc -- None Available
Tripp Alan T $50,000 None Available
Lakeside Portfolio Management Llc $15,760 Attorney
S And J Warren Group 2 Llc $14,000 None Available
Granite Loan Solutions Fund Iv Llc -- None Available
Federal National Mortgage Association $65,085 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tripp Alan T $37,500
Previous Owner S And J Warren Group 2 Llc $15,000
Previous Owner Granite Loan Solutions Fund Iv Llc $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2020 10/07/20 Sold $50,000 +257.1% $56 / Sq Ft
04/28/2015 04/28/15 Sold $14,000 -15.2% $16 / Sq Ft View Prior Sale
03/19/2015 03/19/15 Pending -- -- --
02/12/2015 02/12/15 For Sale $16,500 -- $18 / 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 $693 $130,000 $15,000 $115,000
2024 $661 $49,400 $10,500 $38,900
2023 $661 $49,400 $10,500 $38,900
2022 $649 $49,400 $10,500 $38,900
2021 $637 $49,400 $10,500 $38,900
2020 $280 $20,300 $10,500 $9,800
2019 $282 $20,300 $10,500 $9,800
2018 $268 $20,300 $10,500 $9,800
2016 $329 $24,974 $10,350 $14,624
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Ralph Harding

    The Real Estate Works

    (336) 682-0787

    34 Total Sales

    Ralph Harding
    Section Image

  • Z

    Buyer's Agent in 2020

    Zach Matthews

    Leonard Ryden Burr Real Estate

    (336) 705-4459

    112 Total Sales

    Zach Matthews
    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 987428

Triad MLS

APN: 6836-32-5754

North Carolina Forsyth County Winston-Salem 27105 North Winston

402 E 16th St, Winston-Salem, NC

Not Listed for Sale

Detached

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