NOT LISTED FOR SALE

506 Academy St High Point, NC 27260

Greater High Point Neighborhood

Estimated Value: $98,000 - $127,450

3 Beds
1 Bath
1,400 Sq Ft
$76/Sq Ft Est. Value

Last Sold January 31, 2019

Last sale price $50,000 $36 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $630/month

157 Days on Market

Highlights

  • No HOA
  • Central Air
  • Wood Siding

About This Home

As of January 2019

Nice 3 bed 1 bath home. Perfect for investors looking to grow portfolio or create new. Home currently occupied by tenants. Can provide rental details upon request.
**See Agent Only Remarks**

Last Agent to Sell the Property

Bryan Colquitt

Coldwell Banker Advantage License #291613 Listed on: 08/10/2018

Coldwell Banker Advantage

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $700

Year Built

  • Built in 1922

Lot Details

  • 0.3 Acre Lot
  • Property is zoned LI

Parking

  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 1,288 Sq Ft Home
  • 1,100-1,400 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0173065

Home Details

Home Type

Single Family

Est. Annual Taxes

$700

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Lot Size: x
  • Subdivision Name: None
  • Directions: Ward Ave, right on Wrightenberry St, left on Elliott Place, Right on Academy St.
  • Above Grade Finished Sq Ft: 1288
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1922
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1400
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1288
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0173065
  • Zoning: LI
  • TRIADMLS_PricePerAcre: 176666.6667
  • TRIADMLS_DeedPage: 2706
  • TRIADMLS_DeedBook: 6139
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 700
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2019
Sold by
Longway Re Estate Investment Llc
Bought by
Good News Real Estate Investment Llc
Current Estimated Value
$106,863

Purchase Details

Listed on
Aug 10, 2018
Closed on
Jan 29, 2019
Sold by
Odell George W and Odell Jennifer
Bought by
Longway Real Estate Investment Llc
Seller's Agent
Bryan Colquitt
Coldwell Banker Advantage
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$58,000
Sold Price
$50,000
Premium/Discount to List
-$8,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.35%

Purchase Details

Closed on
Jul 27, 2004
Sold by
Parker Beverly B and Parker Ronnel S
Bought by
Odell George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
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
Good News Real Estate Investment Llc -- None Available
Longway Real Estate Investment Llc $50,000 None Available
Odell George $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Odell George $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2019 01/31/19 Sold $50,000 -13.8% $45 / Sq Ft
01/15/2019 01/15/19 Pending -- -- --
08/10/2018 08/10/18 For Sale $58,000 -- $53 / 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 $768 $55,700 $8,000 $47,700
2024 $768 $55,700 $8,000 $47,700
2023 $768 $55,700 $8,000 $47,700
2022 $751 $55,700 $8,000 $47,700
2021 $700 $50,800 $8,000 $42,800
2020 $700 $50,800 $8,000 $42,800
2019 $700 $50,800 $0 $0
2018 $697 $50,800 $0 $0
2017 $697 $50,800 $0 $0
2016 $711 $50,700 $0 $0
2015 $715 $50,700 $0 $0
2014 $727 $50,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bryan Colquitt

    Seller's Agent in 2019

    Bryan Colquitt

    Coldwell Banker Advantage

    (336) 848-1866

    22 in this area

    161 Total Sales

    Bryan Colquitt
    Section Image

  • N

    Buyer's Agent in 2019

    NONMEMBER NONMEMBER

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Map

Source: Triad MLS

MLS Number: 899533

Triad MLS

APN: 0173065

North Carolina Guilford County High Point 27260 Greater High Point

506 Academy St, High Point, NC

This home is located at 506 Academy St, High Point, NC 27260 since 10 August 2018 and is currently estimated at $106,863, approximately $76 per square foot. This property was built in 1922. 506 Academy St is a home located in Guilford County with nearby schools including Oak Hill Elementary School, Ferndale Middle School, and High Point Central High School.

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