$48,000
SOLD AUG 19, 2024

514 Barnes St Reidsville, NC 27320

2 Beds
1 Bath
1,200 Sq Ft
0.31 Acres

Recently Sold

$40 Per Sq Ft

4% Below List Price

2 Days on Market

About This Home

As of January 2025

INVESTORS TAKE NOTICE! This two-bedroom, one-bath property features a wrap-around front porch, dining room, spacious rooms, and a flat backyard. There is NO working heat or air conditioning. This property presents an excellent investment opportunity. You can restore this charming 1929 home to its former glory and contribute to creating much-needed affordable housing. It is situated in an established neighborhood with sidewalks and is conveniently close to all Reidsville offers. Don't hesitate to schedule your showing today!

Last Agent to Sell the Property

Michael K. Storm

NorthGroup Real Estate License #317171 Listed on: 08/01/2024

NorthGroup Real Estate

Last Buyer's Agent

Nicole Gillespie

RE/MAX Realty Consultants License #271240

RE/MAX Realty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $433

Year Built

  • Built in 1929

Lot Details

  • 0.31 Acre Lot
  • Property is zoned R12RD

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,079 Sq Ft Home
  • 900-1,200 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 150307
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$433

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.3109
  • Subdivision Name: None
  • Directions: FROM LAWSONVILLE AVE, MAKE A RIGHT ONTO BARNES ST TOWARDS EAST ST. PROPERTY ON RIGHT. LOOK FOR THE YARD SIGN.
  • Above Grade Finished Sq Ft: 1079
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1929
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 900 - 1200
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1079
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Parking Features: Driveway, Field

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: None, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 150307
  • Zoning: R12RD
  • TRIADMLS_PricePerAcre: 154390.4793
  • TRIADMLS_DeedPage: 54-59
  • TRIADMLS_DeedBook: 1672
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 433
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 1.43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Aug 19, 2024
Sold by
Kennon Melissa
Bought by
Five Star Investment Properties Llc
Seller's Agent
Michael K. Storm
NorthGroup Real Estate
Buyer's Agent
Nicole Gillespie
RE/MAX Realty Consultants
List Price
$50,000
Sold Price
$48,000
Premium/Discount to List
-$2,000
-4%
Views
138
Current Estimated Value
$157,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,663
Avg. Annual Appreciation
257.36%

Purchase Details

Listed on
Aug 1, 2024
Closed on
Jul 29, 2024
Sold by
Kennon Michael and Kennon Melissa
Bought by
Kennon Melissa
Seller's Agent
Michael K. Storm
NorthGroup Real Estate
Buyer's Agent
Nicole Gillespie
RE/MAX Realty Consultants
List Price
$50,000
Sold Price
$48,000
Premium/Discount to List
-$2,000
-4%
Views
138
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $48,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2025 01/22/25 Sold $157,000 -4.8% $126 / Sq Ft
12/23/2024 12/23/24 Pending -- -- --
12/07/2024 12/07/24 For Sale $165,000 +243.8% $133 / Sq Ft
08/19/2024 08/19/24 Sold $48,000 -4.0% $53 / Sq Ft
08/03/2024 08/03/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $50,000 -- $56 / 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
2024 $630 $50,842 $5,886 $44,956
2023 $430 $29,994 $5,313 $24,681
2022 $913 $29,994 $5,313 $24,681
2021 $430 $29,994 $5,313 $24,681
2020 $578 $29,994 $5,313 $24,681
2019 $780 $29,994 $5,313 $24,681
2018 $500 $34,842 $8,131 $26,711
2017 $500 $34,842 $8,131 $26,711
2015 $505 $34,842 $8,131 $26,711
2014 $500 $34,842 $8,131 $26,711
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1150894

Triad MLS

APN: 150307