NOT LISTED FOR SALE

Estimated Value: $171,000 - $211,867

3 Beds
1.5 Baths
1,600 Sq Ft
$116/Sq Ft Est. Value

Last Sold October 05, 2017

Last sale price $72,100 $45 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $1,147/month

8 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of October 2017

Offer Accepted**Multiple Offers**No More Showings 10+ offers!!! Affordable starter home that offers 3 bedrooms, 1.5 baths, living room & den. The home is priced to sell as the buyer is buying this home in its "AS-IS" Condition. Home needs some updating inside but the exterior is in good shape. Buyer must present Pre-Approval or Proof of Funds Letter at time of offer. Sellers Title Company holds buyer Earnest Money Deposit.

Last Agent to Sell the Property

Michael Byrd

Stan Byrd & Associates License #154811 Listed on: 08/09/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,337

Year Built

  • Built in 1964

Lot Details

  • 0.27 Acre Lot
  • Property is zoned RS-9

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,510 Sq Ft Home
  • 1,300-1,600 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Pennydale Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 0037913
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,337

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.27
  • Subdivision Name: Pennydale
  • Directions: Take Groometown Rd towards Gboro, take Right on Gate City Blvd, Take 3rd Left on Merritt Dr, take 1st left on Jane St, take left on Pennydale, home is down on the left.
  • Above Grade Finished Sq Ft: 1510
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1964
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1600
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1510
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

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

Garage/Parking

  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0037913
  • Zoning: RS-9
  • TRIADMLS_PricePerAcre: 229629.6296
  • TRIADMLS_PlatPage: 92
  • TRIADMLS_DeedPage: 2493
  • TRIADMLS_DeedBook: 7932
  • TRIADMLS_PlatBook: 29
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1337
  • Tax Lot: 5
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 1.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2017
Closed on
Sep 15, 2017
Sold by
Reverse Mortgage Solutions Inc
Bought by
Chiboub Mohamed
Seller's Agent
Michael Byrd
Stan Byrd & Associates
List Price
$62,000
Sold Price
$72,100
Premium/Discount to List
$10,100
16.29%
Current Estimated Value
$185,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,117
Avg. Annual Appreciation
12.69%
Original Mortgage
$70,793
Outstanding Balance
$37,382
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$147,835

Purchase Details

Closed on
May 5, 2017
Sold by
Hudson Violet L
Bought by
Reverse Mortgage Solutions Inc
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
Chiboub Mohamed $72,100 None Available
Reverse Mortgage Solutions Inc $69,741 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chiboub Mohamed $70,793
Previous Owner Hudson Violet L $132,000
Previous Owner Hudson Raymond L $46,125
Previous Owner Hudson Raymond L $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2017 10/05/17 Sold $72,100 +16.3% $55 / Sq Ft
08/18/2017 08/18/17 Pending -- -- --
08/09/2017 08/09/17 For Sale $62,000 -- $48 / 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
2024 $1,656 $118,000 $34,000 $84,000
2023 $1,656 $118,000 $34,000 $84,000
2022 $1,608 $118,000 $34,000 $84,000
2021 $1,309 $94,000 $20,000 $74,000
2020 $1,309 $94,000 $20,000 $74,000
2019 $1,309 $94,000 $0 $0
2018 $1,272 $94,000 $0 $0
2017 $1,272 $94,000 $0 $0
2016 $1,337 $96,600 $0 $0
2015 $1,345 $96,600 $0 $0
2014 $1,355 $96,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 845882

Triad MLS

APN: 0037913