NOT LISTED FOR SALE

4823 Cherry St Winston Salem, NC 27105

Stonewall/Salemtowne Neighborhood

Estimated Value: $172,000 - $243,000

3 Beds
1.5 Baths
1,702 Sq Ft
$121/Sq Ft Est. Value

Last Sold January 30, 2014

Last sale price $35,500 $21 Per Sq Ft

Est. 478% increase in value since last sale

Current estimated payment $1,194/month

98 Days on Market

Highlights

  • Living Room with Fireplace
  • Attic
  • Porch
  • Hanes Middle Rated A-
  • No HOA
  • Tile Flooring

About This Home

As of January 2014

Before You READ This...This Brick Ranch w/ Basement maybe gone. Priced to sale quick means it won't wait long. It will require some work, however the payoff could be HUGE! Its got alot of amenities such as Screened IN Porch w/Built IN Barbecue, Eat in Kitchen, Fireplace for those chilly NC evenings, Nice size backyard for those Saturday Evening horse shoe matches. We are working w/the lender to short sale it, so the situation is in your favor. Agent please READ agent only remarks before showing it.

Last Agent to Sell the Property

James Allison, GRI

James Allison, Broker License #111219 Listed on: 10/16/2013

Last Buyer's Agent

James Allison, GRI

James Allison, Broker License #111219 Listed on: 10/16/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • Fenced
  • Steep Slope
  • Property is zoned RS9

Parking

  • 1 Car Garage
  • Attached Carport

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,702 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Storm Doors
  • Dishwasher
  • Dryer Hookup
  • Attic
  • Finished Basement

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Wood
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Styers Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 034 / 2338
  • Assessor Parcel Number 6827690163
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Subdivision Name: Styers Park
  • Directions: Germanton Road, R-Cherry
  • Above Grade Finished Sq Ft: 1702
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1957
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 340
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1702
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Electric Water Heater
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s)
  • Has Basement: Finished, Unfinished, Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Living Room, See Remarks
  • Fireplaces: 2
  • Living Area: 1702
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Exterior Features: Garden
  • Fencing: Fenced, Privacy
  • Lot Features: City Lot, Near Public Transit, Sloped, Steep Slope
  • Exclusions: Fireplace Insert, Refrig & Slide In Stove
  • Construction Type: Brick
  • Other Structures: Storage
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Oil, Wood
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Oil, Wood Fuel
  • Water Heater: Electric
  • Energy Features: Storm Doors

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 6827690163
  • Zoning: RS9

Tax Info

  • Tax Annual Amount: 1174.32
  • Tax Block: 2338
  • Tax Lot: 034
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 1.165

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2013
Closed on
Jan 24, 2014
Sold by
Wright Paula M and Wright Larry S
Bought by
L & O Maintenance
Seller's Agent
James Allison, GRI
James Allison, Broker
Buyer's Agent
James Allison, GRI
James Allison, Broker
List Price
$67,250
Sold Price
$35,500
Premium/Discount to List
-$31,750
-47.21%
Current Estimated Value
$205,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,734
Avg. Annual Appreciation
16.11%
Original Mortgage
$30,175
Outstanding Balance
$22,928
Interest Rate
4.56%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$182,306

Purchase Details

Closed on
Mar 22, 2002
Sold by
Wright Paula M
Bought by
Wright Larry S and Wright Paula M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
6.85%
Source: Public Records

Range of Values:

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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
L & O Maintenance $36,000 None Available
Wright Larry S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open L & O Maintenance $30,175
Previous Owner Wright Larry S $81,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2014 01/30/14 Sold $35,500 -47.2% $21 / Sq Ft
01/23/2014 01/23/14 Pending -- -- --
10/16/2013 10/16/13 For Sale $67,250 -- $40 / 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
2025 $1,401 $229,500 $35,000 $194,500
2024 $1,337 $99,900 $25,000 $74,900
2023 $1,337 $99,900 $25,000 $74,900
2022 $1,312 $99,900 $25,000 $74,900
2021 $1,289 $99,900 $25,000 $74,900
2020 $1,044 $75,600 $10,000 $65,600
2019 $1,052 $75,600 $10,000 $65,600
2018 $999 $75,600 $10,000 $65,600
2016 $1,004 $76,331 $10,000 $66,331
2015 $989 $76,331 $10,000 $66,331
2014 $959 $76,331 $10,000 $66,331
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    James Allison, GRI

    James Allison, Broker

    (336) 997-7457

    1 in this area

    5 Total Sales

    James Allison, GRI
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Map

Source: Triad MLS

MLS Number: 687782

Triad MLS

APN: 6827-69-0163

North Carolina Forsyth County Winston-Salem 27105 Stonewall/Salemtowne

4823 Cherry St, Winston-Salem, NC

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