NOT LISTED FOR SALE

Estimated Value: $413,000 - $676,000

3 Beds
2 Baths
2,400 Sq Ft
$223/Sq Ft Est. Value

Last Sold August 16, 2017

Last sale price $205,000 $85 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $3,201/month

1,088 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • No HOA
  • Living Room with Fireplace
  • Attic
  • Cottage

About This Home

As of August 2017

1822 John Ackerman House Reconstructed by Old Salem in 1985; Local Historic Landmark #77! Mature Trees on 0.35 Acre Fenced Corner Lot w/Side Porch View. Big LR w/FP. DR Area. Eat-In Kitchen w/FP. Den w/FP & Bookcases. Wood Floors. Factory Row has only a few Homes & Old Salem owns all the land across the street having a Park-Like Setting leading to City Greenway! Old Salem Feel Without All the Daily Tourists! Subject to Old Salem Inc. Restrictions. 50% Property Tax Credit! SEE AGENT ONLY - Needs Some Work.

Last Agent to Sell the Property

Jack Stack

Jack Stack Properties License #180525 Listed on: 06/30/2014

Last Buyer's Agent

Jack Stack

Jack Stack Properties License #180525 Listed on: 06/30/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,472

Year Built

  • Built in 1985

Lot Details

  • 0.35 Acre Lot
  • Fenced
  • Level Lot
  • Property is zoned RS9

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • 2,242 Sq Ft Home
  • 2,000-2,400 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • 3 Fireplaces
  • Den with Fireplace
  • Dryer Hookup
  • Attic
  • Finished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • No Garage
  • Circular Driveway

Schools

  • Flat Rock Middle School
  • Reynolds High School

Utilities

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

Additional Features

  • Porch
  • The property is located in a historic district

Community Details

  • No Home Owners Association
  • Old Salem Subdivision

Listing and Financial Details

  • Legal Lot and Block 101A / 0562
  • Assessor Parcel Number 6835231471
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,472

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.35
  • Lot Size: 92.6 x 163.0 x 92.6 x 163.0 Subject to Survey
  • Subdivision Name: Old Salem
  • Directions: Main St South to Academy St. Right Academy St. Right Factory Row; On Left. Factory Row is between South Marshall St & Old Salem Rd. Grassy Area across the street is owned by Old Salem. Old Salem Community Without All the Tourist Traffic! Private Driveway!
  • Above Grade Finished Sq Ft: 2242
  • Architectural Style: Cottage
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1985
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 800 - 1100
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2000 - 2400
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Built-in Features
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 962
  • Fireplace Features: Den, Kitchen, Living Room
  • Fireplaces: 3
  • Living Area: 2242
  • Attic Description: Access Only
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: Fenced
  • Lot Features: City Lot, Historic District, Near Public Transit, Level
  • Construction Type: Wood Siding
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Circular Driveway, No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, In Basement, Washer Hookup
  • Cooling: Central Air, Heat Pump
  • Heating: Forced Air, Heat Pump, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Diggs-Latham
  • High School: Reynolds
  • Middle Or Junior School: Flat Rock

Lot Info

  • Parcel #: 6835231471
  • Zoning: RS9
  • TRIADMLS_PricePerAcre: 642857.1429
  • TRIADMLS_DeedPage: 142
  • TRIADMLS_DeedBook: 2047

Tax Info

  • Tax Annual Amount: 1472.14
  • Tax Block: 0562
  • Tax Lot: 101A
  • Tax Map Number: 630850
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.3209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2019
Sold by
Realty Investment Group Llc
Bought by
Brown Amanda and Brown Andrew
Current Estimated Value
$536,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Outstanding Balance
$244,437
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$305,681

Purchase Details

Closed on
Mar 12, 2018
Sold by
Cotter James F and Cotter Debora J
Bought by
White Virginia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 30, 2014
Closed on
Aug 9, 2017
Sold by
Conover Warren J and Dunning Conover Kaycee Christine
Bought by
Realty Investments Group Llc
Seller's Agent
Jack Stack
Jack Stack Properties
Buyer's Agent
Jack Stack
Jack Stack Properties
List Price
$320,000
Sold Price
$205,000
Premium/Discount to List
-$115,000
-35.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.27%
Original Mortgage
$562,400
Interest Rate
3.96%
Mortgage Type
Construction
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
Brown Amanda $345,000 None Available
White Virginia E $235,000 None Available
Realty Investments Group Llc $205,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Amanda Nichole $100,000
Open Brown Amanda $276,000
Previous Owner White Virginia E $188,000
Previous Owner Realty Investments Group Llc $562,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2017 08/16/17 Sold $205,000 -35.9% $103 / Sq Ft
06/23/2017 06/23/17 Pending -- -- --
06/30/2014 06/30/14 For Sale $320,000 -- $160 / 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
2023 $2,866 -- -- --
2022 $2,332 $355,000 $90,600 $264,400
2021 $2,290 $355,000 $90,600 $264,400
2020 $2,542 $368,100 $71,700 $296,400
2019 $1,550 $222,900 $71,700 $151,200
2018 $1,524 $222,900 $71,700 $151,200
2016 $1,920 $291,846 $70,565 $221,281
2015 $1,891 $291,846 $70,565 $221,281
2014 $1,834 $291,846 $70,565 $221,281
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 711603

Triad MLS

APN: 6835-23-1471