NOT LISTED FOR SALE

503 Ricks Dr Winston Salem, NC 27103

Knollwood-Hanestown Neighborhood

Estimated Value: $105,000 - $132,812

1 Bed
1 Bath
900 Sq Ft
$132/Sq Ft Est. Value

Sale Details

Date Sold: August 28, 2017

Last sale price $58,000 $64 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $725 / mo

209 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Cottage
  • Porch
  • No HOA

About This Home

As of August 2017

Three room cottage ready for renovations to convert into office or retail. Most recently has been a residence but great potential for conversion or continue single family use. Includes tax lot 060B which is behind the house. Agent/Owner.

Last Agent to Sell the Property

Paul Bodenheimer

Bodenheimer Real Estate License #170897 Listed on: 12/28/2016

Last Buyer's Agent

Paul Bodenheimer

Bodenheimer Real Estate License #170897 Listed on: 12/28/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,256

Year Built

  • Built in 1910

Lot Details

  • 13,504 Sq Ft Lot
  • Property is zoned PB

Parking

  • On-Street Parking

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 777 Sq Ft Home
  • 600-900 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Additional Features

  • Porch
  • City Lot
  • No Heating

Community Details

  • No Home Owners Association
  • Hanestown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6815623661
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,256

Year Built

Built in 1910

Lot Details

0.31 Acres

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.31
  • Lot Size: 75
  • Subdivision Name: Hanestown
  • Directions: Stratford Road West to Right on Ricks Drive at new Hanestowne Village shopping center. Last house on the left.
  • Above Grade Finished Sq Ft: 777
  • Architectural Style: Cottage
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1910
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 600 - 900
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Historic
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 777
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: City Lot
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: None, No Fuel
  • Water Source: Public
  • TRIADMLS_HeatingFuel: No Fuel
  • Water Heater: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6815623661
  • Zoning: PB
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1256
  • Tax Map Number: 612850
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 0.1316

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2016
Closed on
Aug 24, 2017
Sold by
Bodenheimer Paul M and Bodenheimer Tonya R
Bought by
Rick S Dr Llc
Seller's Agent
Paul Bodenheimer
Bodenheimer Real Estate
Buyer's Agent
Paul Bodenheimer
Bodenheimer Real Estate
List Price
$69,900
Sold Price
$58,000
Premium/Discount to List
-$11,900
-17.02%
Current Estimated Value
$118,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,703
Avg. Annual Appreciation
8.63%
Original Mortgage
$60,000
Outstanding Balance
$50,160
Interest Rate
4.03%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$68,543

Purchase Details

Listed on
May 17, 2013
Closed on
Jun 18, 2013
Sold by
Bank Of America Na
Bought by
Bodenheimer David K and Bodenheimer Paul M
Buyer's Agent
Paul Bodenheimer
Bodenheimer Real Estate
List Price
$20,000
Sold Price
$30,000
Premium/Discount to List
$10,000
50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.04%

Purchase Details

Closed on
Feb 27, 2013
Sold by
Mitchell Jerry W
Bought by
Bank Of America

Purchase Details

Closed on
Apr 23, 2009
Sold by
Tuttle Robin M and Tuttle Robin
Bought by
Mitchell Jerry W

Purchase Details

Closed on
Mar 18, 2009
Sold by
Tuttle Robin M and Tuttle Robin
Bought by
Mitchell Jerry W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rick S Dr Llc $58,000 None Available
Bodenheimer David K $30,000 None Available
Bank Of America $38,000 None Available
Mitchell Jerry W -- None Available
Mitchell Jerry W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rick S Dr Llc $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2017 08/28/17 Sold $58,000 -17.0% $97 / Sq Ft
07/26/2017 07/26/17 Pending -- -- --
12/28/2016 12/28/16 For Sale $69,900 +133.0% $117 / Sq Ft
06/21/2013 06/21/13 Sold $30,000 +50.0% $39 / Sq Ft View Prior Sale
06/10/2013 06/10/13 Pending -- -- --
05/17/2013 05/17/13 For Sale $20,000 -- $26 / Sq Ft
Source: Triad MLS

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 $1,202 $101,200 $92,200 $9,000
2024 $1,147 $85,700 $82,900 $2,800
2023 $1,147 $85,700 $82,900 $2,800
2022 $1,126 $85,700 $82,900 $2,800
2021 $1,106 $85,700 $82,900 $2,800
2020 $1,399 $101,300 $100,100 $1,200
2019 $1,409 $101,300 $100,100 $1,200
2018 $1,338 $101,300 $100,100 $1,200
2016 $1,255 $95,353 $93,312 $2,041
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Paul Bodenheimer

    Bodenheimer Real Estate

    (336) 577-8807

    23 Total Sales

    Paul Bodenheimer
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Map

Source: Triad MLS

MLS Number: 816910

Triad MLS

APN: 6815-62-3661

North Carolina Forsyth County Winston-Salem 27103 Knollwood-Hanestown

503 Ricks Dr, Winston-Salem, NC

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