NOT LISTED FOR SALE

Estimated Value: $295,000 - $337,000

1 Bed
1 Bath
1,200 Sq Ft
$355/mo HOA Fee

Last Sold April 13, 2023

Last sale price $295,000 $246 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,322/month

25 Days on Market

Highlights

  • Built-In Refrigerator
  • Main Floor Primary Bedroom
  • Ceiling Fan
  • Wood Flooring
  • Solid Surface Countertops

About This Home

As of April 2023

This stunning top floor unit is ready for it’s new owner! Situated on a quiet floor, this gem has been lovingly cared for. The main level features a bedroom and bathroom. Upstairs features an amazing flex space that could be a workout space, flex space, or guest room. Additional features include fresh paint, floor to ceiling built ins, a cozy gas fireplace, gas range, ML laundry room, generous storage, and so much more. Walk to Old Salem, enjoy a Camino coffee, and so much more. This is a special one, schedule your showing today!

Last Agent to Sell the Property

Blake Ginther

Keller Williams Realty Elite License #268304 Listed on: 02/28/2023

Keller Williams Realty Elite

Co-Listed By

McKenzie Ziegler

Village Realty License #313240

Last Buyer's Agent

Mark Easterling

Keller Williams Realty Elite License #297318

Keller Williams Realty Elite

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,823

Year Built

  • Built in 2005

Lot Details

  • 871

HOA Fees

  • $355 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Basement Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,125 Sq Ft Home
  • 1,000-1,200 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Dryer Hookup

Kitchen

  • Gas Cooktop
  • Free-Standing Range
  • Built-In Refrigerator
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • Tar Branch Towers Subdivision

Listing and Financial Details

  • Legal Lot and Block LO405 / BL6571
  • Assessor Parcel Number 6835148210
  • 1% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,823

Year Built

Built in 2005

Lot Details

0

HOA Fees

$355 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.02
  • Co List Office Mls Id: WKWRE01
  • Co List Office Phone: 336-283-8691
  • Subdivision Name: Tar Branch Towers
  • Directions: Located on the corner of Marshall Street SW and Wachovia Street.
  • Above Grade Finished Sq Ft: 1125
  • Architectural Style: Condo Upper
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 2005
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1200
  • TRIADMLS_PorchYN: No
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Slide-In Oven/Range, Range Hood, Electric Water Heater
  • Flooring: Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Soaking Tub, Pantry, Solid Surface Counter
  • Has Basement: Basement
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1125
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 1065.46
  • Association Fee Frequency: Quarterly
  • Association: Yes

Lot Info

  • Parcel #: 6835148210
  • Zoning: PB
  • TRIADMLS_PricePerAcre: 14750000
  • TRIADMLS_PlatPage: 55-60
  • TRIADMLS_DeedPage: 2702
  • TRIADMLS_DeedBook: 3402
  • TRIADMLS_PlatBook: 7
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2823
  • Tax Block: BL6571
  • Tax Lot: LO405
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 1.3136

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2024
Sold by
Taam Milton L and Taam Barbara Lou
Bought by
Rave Michael A and Rave Joy S
Current Estimated Value
$312,787

Purchase Details

Listed on
Feb 28, 2023
Closed on
Apr 11, 2023
Sold by
Williams Sara Jean
Bought by
Taam Milton L and Taam Barbara Lou
Seller's Agent
Blake Ginther
Keller Williams Realty Elite
Buyer's Agent
Mark Easterling
Keller Williams Realty Elite
List Price
$300,000
Sold Price
$295,000
Premium/Discount to List
-$5,000
-1.67%
Views
96

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.64%

Purchase Details

Listed on
Feb 28, 2023
Closed on
Apr 10, 2023
Sold by
Tar Branch Towers Condominium Owners Ass
Bought by
Williams Sara Jean
Seller's Agent
Blake Ginther
Keller Williams Realty Elite
Buyer's Agent
Mark Easterling
Keller Williams Realty Elite
List Price
$300,000
Sold Price
$295,000
Premium/Discount to List
-$5,000
-1.67%
Views
96

Purchase Details

Listed on
Mar 9, 2018
Closed on
Apr 26, 2018
Sold by
Burris Michael Land and Delar Bonnie L
Bought by
Williams Sara Jean
Seller's Agent
Cindy Rosenberg
Berkshire Hathaway HomeServices Carolinas Realty
Buyer's Agent
Mark Smith
Leonard Ryden Burr Real Estate
List Price
$238,000
Sold Price
$235,500
Premium/Discount to List
-$2,500
-1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.65%

Purchase Details

Closed on
Jan 27, 2006
Sold by
Salem Properties Llc
Bought by
Burris Michael Land

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 11, 2005
Sold by
Tar Branch Towers Llc
Bought by
Salem Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.1%
Mortgage Type
Commercial
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
Rave Michael A $295,000 None Listed On Document
Taam Milton L $590 None Listed On Document
Williams Sara Jean -- None Listed On Document
Callahan Harry L -- None Listed On Document
Williams Sara Jean $238,000 None Available
Burris Michael Land $252,000 None Available
Salem Properties Llc $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burris Michael $165,000
Previous Owner Burris Michael Land $200,000
Previous Owner Salem Properties Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2023 04/13/23 Sold $295,000 -1.7% $295 / Sq Ft
03/26/2023 03/26/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $300,000 +27.4% $300 / Sq Ft
04/27/2018 04/27/18 Sold $235,500 -1.1% $294 / Sq Ft
04/03/2018 04/03/18 Pending -- -- --
03/09/2018 03/09/18 For Sale $238,000 -- $298 / 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 $2,877 $214,900 $13,200 $201,700
2022 $2,823 $214,900 $13,200 $201,700
2021 $2,773 $214,900 $13,200 $201,700
2020 $2,838 $205,500 $13,000 $192,500
2019 $2,858 $205,500 $13,000 $192,500
2018 $2,714 $205,500 $13,000 $192,500
2016 $2,565 $194,912 $12,157 $182,755
2015 $2,526 $194,912 $12,157 $182,755
2014 $2,450 $194,912 $12,157 $182,755
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1096721

Triad MLS

APN: 6835-14-8210