NOT LISTED FOR SALE

4938 Cherry St Winston Salem, NC 27105

Stonewall/Salemtowne Neighborhood

Estimated Value: $207,000 - $235,211

3 Beds
1 Bath
1,445 Sq Ft
$151/Sq Ft Est. Value

Last Sold August 12, 2013

Last sale price $39,000 $27 Per Sq Ft

Est. 460% increase in value since last sale

Current estimated payment $1,267/month

22 Days on Market

Highlights

  • 1.04 Acre Lot
  • Living Room with Fireplace
  • 1 Car Attached Garage
  • Hanes Middle Rated A-
  • No HOA
  • Forced Air Heating System

About This Home

As of August 2013

This house could make a lovely home, a fireplace in the living room, screen porch and a finished basement add to the charm of this home. FHA borrowers may qualify for $100 down payment. FHA 203k renovation loan for qualified property & owner-occupant. SEE AGENT ONLY. EHO.

Last Agent to Sell the Property

Vee Nielsen

TRIAD HOMES REALTY, INC. License #164096 Listed on: 06/18/2013

Co-Listed By

David Dalton

TRIAD HOMES REALTY, INC. License #154055

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $955

Year Built

  • Built in 1954

Lot Details

  • 1.04 Acre Lot
  • Property is zoned RS12

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,445 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • 2 Fireplaces
  • Finished Basement
  • Fireplace in Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Hanes Middle School
  • North Forsyth High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Hunter Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6827593532
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$955

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.04
  • Co List Office Mls Id: GDAD01
  • Co List Office Phone: 336-547-0298
  • Subdivision Name: Hunter Hills
  • Directions: US 52N, Exit 114 NC-8N, R on Germanton Rd, R onto N Cherry St
  • Above Grade Finished Sq Ft: 1445
  • Unit Levels: One
  • Year Built: 1954
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 0
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1445
  • TRIADMLS_PorchYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Exhaust Fan
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Basement, Living Room
  • Fireplaces: 2
  • Living Area: 1445
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Construction Type: Block

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: In Basement
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: None

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: North Hills
  • High School: North Forsyth
  • Middle Or Junior School: Hanes

Lot Info

  • Parcel #: 6827593532
  • Zoning: RS12

Tax Info

  • Tax Annual Amount: 955.3
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 1.1643

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2013
Closed on
Aug 6, 2013
Sold by
Secretary Of Hud Of Washington D C
Bought by
Alvarado Espinoza Alfonso and Alvarado Velazquez Rosa Maria
Seller's Agent
Vee Nielsen
TRIAD HOMES REALTY, INC.
List Price
$42,000
Sold Price
$39,000
Premium/Discount to List
-$3,000
-7.14%
Current Estimated Value
$218,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,303
Avg. Annual Appreciation
15.14%

Purchase Details

Closed on
Nov 27, 2012
Sold by
Vasquez Gerardo Luis and Luis Ema Garcia De
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Nov 28, 2005
Sold by
Hernandez Antonia Medina
Bought by
Garcia Vasquez Gerardo Luis and Garcia De Luis Ema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,665
Interest Rate
6.04%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 25, 2000
Sold by
Mack Gertie M
Bought by
Hernandez Antonia Medina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,200
Interest Rate
7.92%

Purchase Details

Closed on
Feb 4, 2000
Sold by
Starks Lucille J and Mack Gertie M
Bought by
Mack Gertie M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Alvarado Espinoza Alfonso -- None Available
The Secretary Of Hud $86,016 None Available
Garcia Vasquez Gerardo Luis $80,000 --
Hernandez Antonia Medina $83,000 --
Mack Gertie M $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Vasquez Gerardo Luis $78,665
Previous Owner Hernandez Antonia Medina $52,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2013 08/12/13 Sold $39,000 -7.1% $27 / Sq Ft
07/11/2013 07/11/13 Pending -- -- --
06/18/2013 06/18/13 For Sale $42,000 -- $29 / 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 $1,497 $214,800 $36,800 $178,000
2024 $1,429 $106,700 $26,300 $80,400
2023 $1,429 $106,700 $26,300 $80,400
2022 $1,402 $106,700 $26,300 $80,400
2021 $1,377 $106,700 $26,300 $80,400
2020 $1,036 $75,000 $10,500 $64,500
2019 $1,043 $75,000 $10,500 $64,500
2018 $991 $75,000 $10,500 $64,500
2016 $950 $72,158 $10,500 $61,658
2015 -- $72,158 $10,500 $61,658
2014 -- $72,158 $10,500 $61,658
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2013

    Vee Nielsen

    TRIAD HOMES REALTY, INC.

  • D

    Seller Co-Listing Agent in 2013

    David Dalton

    TRIAD HOMES REALTY, INC.

See All Agents

Map

Source: Triad MLS

MLS Number: 676669

Triad MLS

APN: 6827-59-3532

North Carolina Forsyth County Winston-Salem 27105 Stonewall/Salemtowne

4938 Cherry St, Winston-Salem, NC

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