NOT LISTED FOR SALE

4295 Brownsboro Rd Unit 4295 Winston Salem, NC 27106

Bethabara Neighborhood
-- Bed
-- Bath
-- Sq Ft
0.59 Acres

Last Sold July 24, 2018

Last sale price $350,000

6 Days on Market

Highlights

  • Partially Wooded Lot
  • Balcony
  • Storage
  • No HOA
  • Park
  • Laundry Facilities

About This Home

As of July 2018

Expect the unexpected on Brownsboro Road! Great opportunity to easily own this all-inclusive 9 unit apartment building with HIGH CAP RATES. Luxury upgrades in standard building are unexpected, and ensure tenant satisfaction! Most rent for $650/month. Studio apartment rents for $700/month. Common laundry facility, new AC units, granite countertops, cedar lined closets, and vinyl flooring throughout, among many other upgrades.

Last Agent to Sell the Property

Alison Vannoy

Southern Signature Properties License #285107 Listed on: 06/07/2018

Last Buyer's Agent

Marie White

Keller Williams Realty License #179564

Keller Williams Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,264

Year Built

  • Built in 1980

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 41.2 x 66.28 x 225 x 94.94
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Insulated Windows
  • Storage
  • Vinyl Flooring
  • Finished Basement

Parking

  • No Garage
  • Lighted Parking
  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Window Unit Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 135A / 3442
  • Assessor Parcel Number 6827358449
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 5,580 Sq Ft Building

Amenities

  • Laundry Facilities

Recreation

  • Park

Building Details

  • 10 Leased Units
  • Electric Expense $5,544
  • Insurance Expense $4,900
  • Other Expense $9,819
  • Gross Income $78,400
  • Net Operating Income $60,000

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,264

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.59
  • Lot Size: 41.2 x 66.28 x 225 x 94.94
  • Road Surface Type: Paved
  • Directions: North on University Parkway. Turn right on Brownsboro Road, just past WFU campus. 4295 Brownsboro Road on left.
  • Architectural Style: Two Story
  • Building Stories: 2
  • Year Built: 1980
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Vinyl
  • Has Basement: Finished
  • TRIADMLS_ApproxSqFtRange: 5000 - 5900
  • TRIADMLS_Storage: Closet, Extra Storage Space

Exterior Features

  • Exterior Features: Balcony
  • Lot Features: Partially Wooded, Rolling Slope
  • Pool Features: None
  • Construction Type: Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Assigned, Lighted, On Site, Paved, No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Common Area, See Remarks
  • Security: Panic Alarm
  • Cooling: Window Unit(s)
  • Heating: Baseboard, No Fuel
  • Water Source: Public
  • TRIADMLS_HeatingFuel: No Fuel
  • Water Heater: Electric
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Community Features: Park & Picnic
  • Association: No

Lot Info

  • Parcel #: 6827358449
  • Zoning: RM18
  • TRIADMLS_PricePerAcre: 677796.6102
  • TRIADMLS_DeedPage: 03793
  • TRIADMLS_DeedBook: 003261
  • TRIADMLS_AcresRange: 1 - 1

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 10
  • Number Of Units Furnished: None
  • Electric Expense: 5544
  • Annual Gross Income: 78400
  • Insurance Expense: 4900
  • Property Net Operating Income: 60000
  • Number Of Units Leased: 10

Tax Info

  • Tax Annual Amount: 2264
  • Tax Block: 3442
  • Tax Lot: 135A
  • Tax Map Number: 618874
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.3209

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2018 07/24/18 Sold $350,000 -12.5% --
06/14/2018 06/14/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $399,900 -- --
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 890371

Triad MLS