$235,500
SOLD APR 27, 2018
1 Bed
1 Bath
1,100 Sq Ft
871 Sq Ft Lot

Recently Sold

$214 Per Sq Ft

1% Below List Price

24 Days on Market

About This Home

As of April 2023

Don’t miss this luxury loft in the highly desirable Tar Branch Towers! Custom finishes throughout – granite counters, custom cabinets, and stainless steel appliances in the kitchen; Brazilian cherry hardwood floors throughout; expansive built-in shelving; and loft space for a home office or additional bedroom. This top floor unit provides spectacular city views in a location ideal for downtown living. Walk to restaurants, greenway, Old Salem, and more! 2 garage parking spaces designated for unit.

Last Agent to Sell the Property

Cindy Rosenberg

Berkshire Hathaway HomeServices Carolinas Realty License #79998 Listed on: 03/09/2018

Berkshire Hathaway HomeServices Carolinas Realty

Last Buyer's Agent

Mark Smith

Leonard Ryden Burr Real Estate License #291473

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,714

Year Built

  • Built in 2005

Parking

  • No Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 988 Sq Ft Home
  • 800-1,100 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Property has a Home Owners Association
  • Tar Branch Towers Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6835148210
  • 1% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,714

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.02
  • Subdivision Name: Tar Branch Towers
  • Directions: South on Marshall St.
  • Above Grade Finished Sq Ft: 988
  • Architectural Style: Condo Upper
  • Unit Levels: One and One Half
  • Structure Type: Condominium
  • Year Built: 2005
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 800 - 1100
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Basement
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 988
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: See Remarks, No Garage
  • Garage Description: None

Utilities

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

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 6835148210
  • Zoning: PB
  • TRIADMLS_PricePerAcre: 11900000
  • TRIADMLS_DeedPage: 2346
  • TRIADMLS_DeedBook: 2635
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2714
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.3209

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

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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
Warranty Deed $295,000 None Listed On Document
Warranty Deed $590 None Listed On Document
Special Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Warranty Deed $238,000 None Available
Warranty Deed $252,000 None Available
Condominium Deed $145,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $165,000 Commercial
Previous Owner $200,000 Commercial
Previous Owner $200,000 Commercial
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: 878502

Triad MLS

APN: 6835-14-8210