NOT LISTED FOR SALE

505 Concrete Works Rd Unit 455 Winston Salem, NC 27107

Estimated Value: $298,990 - $375,000

3 Beds
1.5 Baths
1,900 Sq Ft
$178/Sq Ft Est. Value

Last Sold July 06, 2018

Last sale price $170,000 $89 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,871/month

218 Days on Market

Highlights

  • Barn
  • No HOA
  • Forced Air Heating and Cooling System
  • Den with Fireplace
  • Veranda
  • Wood Siding

About This Home

As of July 2018

REDUCED!! Over $30K below tax value. APPROX. 10.32 ACRES in new OAK GROVE high school district. 1907 farm house with approx. 530 feet of road frontage. Barns and outbuildings. Beautiful country setting.

Last Buyer's Agent

Bonnie Owens

Mantle LLC License #291786

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,149

Year Built

  • Built in 1907

Lot Details

  • 10.32 Acre Lot
  • Property is zoned RA3

Home Design

  • Wood Siding
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,784 Sq Ft Home
  • 1,600-1,900 Sq Ft Home
  • Property has 1 Level
  • Den with Fireplace
  • 2 Fireplaces
  • Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Driveway
  • Paved Parking

Schools

  • Oak Grove Middle School
  • Oak Grove High School

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Electric Water Heater

Additional Features

  • Veranda
  • Barn

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 1301600000013
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,149

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 10.32
  • Lot Size: 10.32 acres
  • Subdivision Name: None
  • Directions: W.Lex.Ave to Hwy109.Cross over Hwy109 onto Old Gsbo.Rd.Right on Midway Sch. Rd.Left onto Midway Sch. Rd. Continue on Midway Sch. Rd. past Oak Grove Middle and High Schools. Turn right on Concrete Works Rd.Home/land on left.
  • Above Grade Finished Sq Ft: 1784
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1907
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1600 - 1900
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Oven, Cooktop, Electric Water Heater
  • Flooring: Carpet, Laminate, Vinyl
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Den, Primary Bedroom
  • Fireplaces: 2
  • Living Area: 1784
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsUpper: 1

Exterior Features

  • Exterior Features: Veranda/Breezeway
  • Pool Features: None
  • Construction Type: Aluminum Siding, Vinyl Siding, Wood Siding
  • Other Structures: Barn(s)
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway, Paved

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Oil
  • Water Source: Private
  • TRIADMLS_HeatingFuel: Oil
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Midway
  • High School: Oak Grove
  • Middle Or Junior School: Oak Grove

Lot Info

  • Parcel #: 1301600000013
  • Zoning: RA3
  • TRIADMLS_PricePerAcre: 19379.845
  • TRIADMLS_DeedPage: 365
  • TRIADMLS_DeedBook: 374
  • TRIADMLS_AcresRange: 9 - 11

Tax Info

  • Tax Annual Amount: 1148.64
  • Tax Lot: 13
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 0.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2017
Closed on
Jun 28, 2018
Sold by
Mendenhall Jeffery L
Bought by
Alexander Paul and Alexander Heather
Buyer's Agent
Bonnie Owens
Mantle LLC
List Price
$249,900
Sold Price
$170,000
Premium/Discount to List
-$79,900
-31.97%
Current Estimated Value
$338,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,498
Avg. Annual Appreciation
9.89%
Original Mortgage
$264,480
Outstanding Balance
$229,718
Interest Rate
4.6%
Mortgage Type
Construction
Estimated Equity
$108,780

Purchase Details

Closed on
Jan 9, 1963
Source: Public Records

Range of Values:

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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
Alexander Paul $170,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Paul $264,480
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2018 07/06/18 Sold $170,000 -32.0% $106 / Sq Ft
05/17/2018 05/17/18 Pending -- -- --
10/10/2017 10/10/17 For Sale $249,900 -- $156 / 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 $1,157 $175,240 $0 $0
2024 $1,157 $175,240 $0 $0
2023 $1,157 $175,240 $0 $0
2022 $1,118 $175,240 $0 $0
2021 $1,118 $175,240 $0 $0
2020 $1,126 $176,540 $0 $0
2019 $1,143 $176,540 $0 $0
2018 $1,503 $232,000 $0 $0
2017 $1,149 $232,000 $0 $0
2016 $1,149 $232,000 $0 $0
2015 $1,149 $232,000 $0 $0
2014 $1,106 $229,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 853718

Triad MLS

APN: 13-016-0-000-0013-0-0-0