NOT LISTED FOR SALE

4974 Cherry St Winston Salem, NC 27105

Stonewall/Salemtowne Neighborhood

Estimated Value: $258,362 - $330,000

4 Beds
2 Baths
1,925 Sq Ft
$146/Sq Ft Est. Value

Last Sold May 15, 2012

Last sale price $120,000 $62 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $1,642/month

571 Days on Market

Highlights

  • 1.08 Acre Lot
  • Living Room with Fireplace
  • Porch
  • Hanes Middle Rated A-
  • No HOA
  • Built-In Features

About This Home

As of May 2012

SOOOOO Much for the Money! This huge brick rancher is on two lots, just over an acre! Hard to find in newer home, here are larger rooms, more storage room than you can image in the basement, wonderful patio overlooking the huge backyard, and a very cozy sunroom, perfect for relaxing.(Den in basement is not included in sq ft). Per seller, there are hardwoods under the carpets. Lovely, well maintained..the possiblilites for this home are limited only by your imagination! Enjoy!

Last Agent to Sell the Property

None Janet Jones

Janet Jones, Inc License #211782 Listed on: 08/24/2010

Last Buyer's Agent

Max Segersbol

FraMass, LLC License #228118

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,745

Year Built

  • Built in 1955

Lot Details

  • 1.08 Acre Lot
  • Property is zoned RS12

Parking

  • 1 Car Garage
  • Basement Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,925 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace
  • Free-Standing Range
  • Washer and Dryer Hookup
  • Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 17,18 / 3511
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,745

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single
  • Prop. Type: Residential
  • Lot Size Acres: 1.08
  • Directions: Hwy 52 N to Germanton Road, Exit right, Right on Cherry, Home on the Right.
  • Above Grade Finished Sq Ft: 1925
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1955
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1925
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Slide-In Oven/Range, Water Heater: Electric
  • Flooring: Carpet, Carpet over Wood, Vinyl
  • Interior Amenities: Built-in Furniture, Ceiling Fan(s), Dead Bolt(s), Dryer Connection, Garage Door Opener(s), Gas Logs, Washer Connection
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Den, Living Room
  • Fireplaces: 2
  • Living Area: 1925
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Exterior Features: Patio, Paved Drive, Porch
  • Construction Type: Brick
  • Foundation Details: Basement

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Paved Drive, Basement
  • Garage Description: Basement Garage

Utilities

  • Sewer: Public
  • Laundry Features: Dryer Connection, Washer Connection
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas, Oil
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas, Oil
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: RS12

Tax Info

  • Tax Annual Amount: 1745.35
  • Tax Block: 3511
  • Tax Lot: 17,18
  • Tax Map Number: 624878
  • Tax Year: 2009
  • TRIADMLS_TaxRate: 1.1415

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2010
Closed on
May 15, 2012
Sold by
Rumley Iris W
Bought by
Valdovinos Valdovinos Jorge Jorge and Valdovinos Noyola Jorge
Seller's Agent
None Janet Jones
Janet Jones, Inc
Buyer's Agent
Max Segersbol
FraMass, LLC
List Price
$154,900
Sold Price
$120,000
Premium/Discount to List
-$34,900
-22.53%
Current Estimated Value
$280,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,841
Avg. Annual Appreciation
6.52%
Original Mortgage
$114,000
Outstanding Balance
$79,391
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$201,450
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
Valdovinos Valdovinos Jorge Jorge $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valdovinos Valdovinos Jorge Jorge $114,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2012 05/15/12 Sold $120,000 -22.5% $62 / Sq Ft
03/18/2012 03/18/12 Pending -- -- --
08/24/2010 08/24/10 For Sale $154,900 -- $80 / 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 $2,026 $293,200 $64,800 $228,400
2024 $1,933 $144,400 $46,300 $98,100
2023 $1,933 $144,400 $46,300 $98,100
2022 $1,897 $144,400 $46,300 $98,100
2021 $1,863 $144,400 $46,300 $98,100
2020 $1,487 $107,700 $18,500 $89,200
2019 $1,498 $107,700 $18,500 $89,200
2018 $1,423 $107,700 $18,500 $89,200
2016 $1,428 $108,549 $18,500 $90,049
2015 $1,406 $108,549 $18,500 $90,049
2014 $1,364 $108,549 $18,500 $90,049
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2012

    None Janet Jones

    Janet Jones, Inc

    43 Total Sales

    None Janet Jones
    Section Image
  • Max Segersbol

    Buyer's Agent in 2012

    Max Segersbol

    FraMass, LLC

    (336) 995-6033

    2 in this area

    104 Total Sales

    Max Segersbol
    Section Image
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Map

Source: Triad MLS

MLS Number: 590160

Triad MLS

APN: 6827-59-2983

North Carolina Forsyth County Winston-Salem 27105 Stonewall/Salemtowne

4974 Cherry St, Winston-Salem, NC

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