NOT LISTED FOR SALE

Estimated Value: $417,000 - $501,857

2 Beds
2 Baths
1,300 Sq Ft
$248/mo HOA Fee

Last Sold February 14, 2020

Last sale price $305,000 $235 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,136/month

379 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Forced Air Heating and Cooling System
  • Solid Surface Countertops
  • Secured Garage or Parking

About This Home

As of February 2020

Highly desirable Tar Branch Towers 2 bedroom 2 bath condo. Conveniently located near downtown Winston Salem, restaurants, coffee shops and bakery. Hardwood floors through main living area with luxury Karastan carpeting in the bedrooms. Granite counter tops, stainless appliances. Pocket doors provide a great space saving feature. Relax on your private walkout balcony or under your soaring ceilings. Large windows provide tremendous amounts of natural light. Gated parking under the building.

Last Agent to Sell the Property

Michele Russell

Leonard Ryden Burr Real Estate License #298523 Listed on: 12/26/2018

Co-Listed By

Christy Jacobus

Leonard Ryden Burr Real Estate License #297420

Last Buyer's Agent

Nancy. Phelps

Allen Tate Winston Salem License #25042

Allen Tate Winston Salem

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,257

Year Built

  • Built in 2005

Lot Details

  • 436

HOA Fees

  • $248 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,198 Sq Ft Home
  • 1,000-1,300 Sq Ft Home
  • Property has 1 Level
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Balcony
  • Sprinkler System

Community Details

  • Tar Branch Towers Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6835147182
  • 1% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,257

Year Built

Built in 2005

Lot Details

0

HOA Fees

$248 per month

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.01
  • Co List Office Mls Id: WLRB01
  • Co List Office Phone: 336-779-9200
  • Subdivision Name: Tar Branch Towers
  • Directions: I-40 East or West, exit Peters Creek Pkwy/NC 150; L on Peters Creek, R on Marshall St; Tar Branch Towers is on the left; Street parking and rear parking behind the building are available
  • Above Grade Finished Sq Ft: 1198
  • Architectural Style: Condo Upper
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 2005
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1300
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Wood
  • Interior Amenities: Solid Surface Counter
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1198
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: No

Exterior Features

  • Exterior Features: Balcony, Sprinkler System
  • Pool Features: None
  • Exclusions: Chandeliers In Kitchen & Living Room Do Not Convey
  • Construction Type: Brick
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Assigned, Deck, Paved, Secured

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Security: Security Lights, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 743.83
  • Association Fee Frequency: Quarterly
  • Association: Yes

Lot Info

  • Parcel #: 6835147182
  • Zoning: PB
  • TRIADMLS_PricePerAcre: 31200000
  • TRIADMLS_DeedPage: 2704-2705
  • TRIADMLS_DeedBook: 2765
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 3257.34
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 1.3209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2023
Sold by
Tar Branch Towers Condominium Owners Ass
Bought by
Callahan Harry L and Callahan Barbara M
Current Estimated Value
$466,952

Purchase Details

Listed on
Dec 26, 2018
Closed on
Feb 5, 2020
Sold by
Tapp Kevin C
Bought by
Garrett Sherri D and Garrett Kerry L
Seller's Agent
Michele Russell
Leonard Ryden Burr Real Estate
Buyer's Agent
Nancy. Phelps
Allen Tate Winston Salem
Sold Price
$305,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.17%
Original Mortgage
$228,750
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2007
Sold by
Adams Nelson and Adams Shawn R
Bought by
Tapp Kevin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 18, 2005
Sold by
Tar Branch Towers Llc
Bought by
Adams Nelson and Adams Shawn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
5.66%
Mortgage Type
Commercial
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
Callahan Harry L -- None Listed On Document
Garrett Sherri D $305,000 None Available
Tapp Kevin C $287,500 None Available
Adams Nelson $212,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garrett Sherri D $50,000
Previous Owner Garrett Sherri D $228,750
Previous Owner Tapp Kevin C $248,000
Previous Owner Tapp Kevin C $263,000
Previous Owner Tapp Kevin C $258,750
Previous Owner Adams Nelson $55,000
Previous Owner Adams Nelson $118,000
Closed Adams Nelson $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Sold $305,000 -- $305 / 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 $3,715 $277,500 $19,700 $257,800
2022 $3,646 $277,500 $19,700 $257,800
2021 $3,580 $277,500 $19,700 $257,800
2020 $3,405 $246,600 $19,400 $227,200
2019 $3,430 $246,600 $19,400 $227,200
2018 $3,257 $246,600 $19,400 $227,200
2016 $2,815 $213,882 $18,058 $195,824
2015 $2,772 $213,882 $18,058 $195,824
2014 $2,688 $213,882 $18,058 $195,824
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 912935

Triad MLS

APN: 6835-14-7182