$415,000
SOLD JUN 14, 2019
2 Beds
2.5 Baths
2,400 Sq Ft
$372/mo HOA Fee

Recently Sold

$173 Per Sq Ft

90 Days on Market

Highlights

  • Engineered Wood Flooring
  • Balcony
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

Enjoy the sunset from your balcony with this spacious top floor condo in desirable Tar Branch Towers. Walking distance to Old Salem, restaurants, and coffee shops. MBR has giant walk-in closet and huge MBA with walk-in shower and hot tub. Beautiful custom cabinetry with soft-close drawers. Large office with built-in storage. Granite counter tops, brand new refrigerator and brand new W/D. One assigned parking spot in secured lot included, other parking available. 2nd BR has en-suite bath.

Last Agent to Sell the Property

John Belcher

Blue Door Group Real Estate License #279679 Listed on: 02/28/2019

Last Buyer's Agent

Blake Ginther

Keller Williams Realty Elite License #268304

Keller Williams Realty Elite

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,313

Year Built

  • Built in 2005

HOA Fees

  • $372 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,274 Sq Ft Home
  • 2,000-2,400 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Engineered Wood Flooring
  • Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Balcony

Utilities

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

Community Details

  • Tar Branch Towers Subdivision

Listing and Financial Details

  • Tax Lot 404
  • Assessor Parcel Number 6835147179
  • 1% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,313

Year Built

Built in 2005

Lot Details

0

HOA Fees

$372 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.05
  • Subdivision Name: Tar Branch Towers
  • Directions: From downtown: South on Marshall, parking lot on south side of building. Lobby entrance is above street level, stairs are near corner of Marshall & Wachovia. Take elevator to 4th floor, left off elevator to first door on the right.
  • Above Grade Finished Sq Ft: 2274
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 2005
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2000 - 2400
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Oven, Cooktop, Gas Water Heater
  • Flooring: Engineered
  • Interior Amenities: Built-in Features, Dead Bolt(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2274
  • Main Level Bathrooms: 3
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Assigned, Deck

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection
  • Cooling: Central Air, Heat Pump
  • Heating: Forced Air, Heat Pump, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 1117
  • Association Fee Frequency: Quarterly
  • Association: Yes

Lot Info

  • Parcel #: 6835147179
  • Zoning: PB
  • TRIADMLS_PricePerAcre: 8998000
  • TRIADMLS_DeedPage: 3175
  • TRIADMLS_DeedBook: 2761
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 6313
  • Tax Lot: 404
  • 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
Wallis Gregory and Wallis Amy
Current Estimated Value
$639,412

Purchase Details

Listed on
Mar 24, 2022
Closed on
Jul 6, 2022
Sold by
Salvage Building Materials Inc
Bought by
Wallis Gregory and Wallis Amy
Seller's Agent
Clare Fader
Fader Real Estate at ERA Live Moore
Buyer's Agent
Charlie Watkins
Leonard Ryden Burr Real Estate
List Price
$685,000
Sold Price
$575,000
Premium/Discount to List
-$110,000
-16.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.55%

Purchase Details

Listed on
Feb 28, 2019
Closed on
Jun 14, 2019
Sold by
Buss Karen M
Bought by
Salvage Building Materials Inc
Seller's Agent
John Belcher
Blue Door Group Real Estate
Buyer's Agent
Blake Ginther
Keller Williams Realty Elite
Sold Price
$415,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%

Purchase Details

Closed on
Apr 7, 2008
Sold by
Buss David H and Buss Karen
Bought by
Buss David H

Purchase Details

Closed on
Sep 12, 2005
Sold by
Tar Branch Towers Llc
Bought by
Buss David H and Buss Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.71%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Warranty Deed $575,000 Chicago Title
Warranty Deed $415,000 None Available
Interfamily Deed Transfer -- None Available
Condominium Deed $387,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $130,000 Commercial
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2022 07/06/22 Sold $575,000 -4.0% $288 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
05/13/2022 05/13/22 Price Changed $599,000 -12.6% $300 / Sq Ft
03/25/2022 03/25/22 For Sale $685,000 +65.1% $343 / Sq Ft
06/16/2021 06/16/21 Off Market $415,000 -- --
06/14/2019 06/14/19 Sold $415,000 -- $208 / 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 $5,655 $422,400 $37,300 $385,100
2022 $5,549 $422,400 $37,300 $385,100
2021 $5,298 $410,600 $37,300 $373,300
2020 $6,601 $478,000 $36,800 $441,200
2019 $6,649 $478,000 $36,800 $441,200
2018 $6,314 $478,000 $36,800 $441,200
2016 $5,967 $453,362 $34,373 $418,989
2015 $5,876 $453,362 $34,373 $418,989
2014 $5,698 $453,362 $34,373 $418,989
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 918716

Triad MLS

APN: 6835-14-7179