NOT LISTED FOR SALE

5048 S Main St Winston Salem, NC 27107

Estimated Value: $234,000 - $331,000

2 Beds
2 Baths
1,900 Sq Ft
$147/Sq Ft Est. Value

Last Sold August 17, 2017

Last sale price $94,290 $50 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $1,637/month

53 Days on Market

Highlights

  • Living Room with Fireplace
  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Outdoor Storage

About This Home

As of August 2017

Over an acre lot! Lrg home w/bright kitchen, FP in Den and LR, 2 BDRMS, 2 BATHS. Nice size outbuilding. Garage converted to rm 387–018792 IN, subject to appraisal. Property is owned by the US Dept of HUD; Seller makes no representation or warranties as to property condition and is sold AS-IS, Property was built prior to 1978 and lead based paint potentially exists. EHO, Seller may contribute up to 3% for buyer’s closing costs, upon buyer request. All information believed to be accurate-Buyer to verify all

Last Agent to Sell the Property

Joshua Marshall

TRIAD HOMES REALTY, INC. License #234624 Listed on: 04/22/2017

Last Buyer's Agent

Mario Cea

Redpost Real Estate License #263366

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,773

Year Built

  • Built in 1956

Lot Details

  • 1.86 Acre Lot
  • Property is zoned RS9

Parking

  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,757 Sq Ft Home
  • 1,500-1,900 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dishwasher
  • Unfinished Basement

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage

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

  • Assessor Parcel Number 6832641151
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,773

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.86
  • Subdivision Name: None
  • Directions: South on US Hwy-52 . Exit 103 onto S Main St. and take a left. Home on the right
  • Above Grade Finished Sq Ft: 1757
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1956
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1500 - 1900
  • TRIADMLS_PorchYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Electric Water Heater
  • Flooring: Tile, Vinyl, Wood
  • Has Basement: Unfinished, Full
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 2
  • Living Area: 1757
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Construction Type: Brick
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Main Level
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

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 #: 6832641151
  • Zoning: RS9
  • TRIADMLS_AcresRange: 2 - 2

Tax Info

  • Tax Annual Amount: 1773
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 1.316

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2017
Closed on
Aug 15, 2017
Sold by
Secretary Of Housing And Urban Developme
Bought by
Class Carlos H
Seller's Agent
Joshua Marshall
TRIAD HOMES REALTY, INC.
Buyer's Agent
Mario Cea
Redpost Real Estate
List Price
$97,500
Sold Price
$94,290
Premium/Discount to List
-$3,210
-3.29%
Current Estimated Value
$280,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,946
Avg. Annual Appreciation
14.21%
Original Mortgage
$84,861
Outstanding Balance
$70,810
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$209,426

Purchase Details

Closed on
Jan 4, 2017
Sold by
Nelson Paul V and Nelson Christy W
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Jun 17, 2014
Sold by
Nelson Paul V and Nelson Christy W
Bought by
Nelson Paul V

Purchase Details

Closed on
Dec 10, 2004
Sold by
Sink Ronald G and Sink Joy Lackey
Bought by
Nelson Paul V and Nelson Christy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2003
Sold by
Godfrey Ralph and Autry Sidney
Bought by
Sink Ronald G and Sink Donnie R
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
Class Carlos H -- None Available
Nationstar Mortgage Llc $108,000 None Available
Nelson Paul V -- None Available
Nelson Paul V $145,000 --
Sink Ronald G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Class Carlos H $84,861
Previous Owner Nelson Paul V $116,000
Closed Nelson Paul V $29,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2017 08/17/17 Sold $94,290 -3.3% $63 / Sq Ft
06/15/2017 06/15/17 Pending -- -- --
04/22/2017 04/22/17 For Sale $97,500 -- $65 / 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 $2,042 $210,700 $36,300 $174,400
2024 $1,949 $145,600 $22,000 $123,600
2023 $1,949 $145,600 $22,000 $123,600
2022 $1,913 $145,600 $22,000 $123,600
2021 $1,879 $145,600 $22,000 $123,600
2020 $1,936 $140,200 $22,000 $118,200
2019 $1,950 $140,200 $22,000 $118,200
2018 $1,852 $140,200 $22,000 $118,200
2016 $1,773 $134,747 $22,066 $112,681
2015 $1,746 $134,747 $22,066 $112,681
2014 $1,693 $134,747 $22,066 $112,681
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Joshua Marshall

    TRIAD HOMES REALTY, INC.

    (336) 547-0298

    48 Total Sales

    Joshua Marshall
    Section Image

  • M

    Buyer's Agent in 2017

    Mario Cea

    Redpost Real Estate

    (336) 310-0425

    95 Total Sales

    Mario Cea
    Section Image
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Map

Source: Triad MLS

MLS Number: 831833

Triad MLS

APN: 6832-64-1151

North Carolina Forsyth County Winston-Salem 27107

5048 S Main St, Winston-Salem, NC

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