NOT LISTED FOR SALE

525 Wright Rd Kernersville, NC 27284

Woodbridge Neighborhood

Estimated Value: $168,262 - $255,000

2 Beds
1 Bath
768 Sq Ft
$266/Sq Ft Est. Value

Sale Details

Date Sold: June 20, 2014

Last sale price $36,000 $47 Per Sq Ft

Est. 468% increase in value since last sale

Current estimated payment $1,191 / mo

47 Days on Market

Highlights

  • No HOA
  • Porch
  • Wood Siding
  • Cottage
  • Baseboard Heating

About This Home

As of June 2014

Cute 2 Bedroom 1 Bath home in established Kernersville area. Awesome buy for First Time homeowner! Needs a little TLC. Property sits in a nice community. Property is being Sold As-Is in its current Condition. No seller warranties. No Disclosures. Agents please see Agent Only Remarks regarding making an offer.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • 40,075 Sq Ft Lot
  • Property is zoned RS9

Parking

  • No Garage

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • 768 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Schools

  • Kernersville Middle School
  • East Forsyth High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Betty Tuttle Subdivision

Listing and Financial Details

  • Legal Lot and Block 214 / 5345
  • Assessor Parcel Number 6866979353
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

0.92 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.92
  • Subdivision Name: Betty Tuttle
  • Directions: From W/S I40 Business to Linville Road Exit Turn right and then right onto Mountain Street, Right onto Wright Road, go to end and continue left on gravel drive.
  • Above Grade Finished Sq Ft: 768
  • Architectural Style: Cottage
  • Unit Levels: One
  • Year Built: 1983
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 768
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 768
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Kernersville
  • High School: East Forsyth
  • Middle Or Junior School: Kernersville

Lot Info

  • Parcel #: 6866979353
  • Zoning: RS9

Tax Info

  • Tax Annual Amount: 955.37
  • Tax Block: 5345
  • Tax Lot: 214
  • Tax Map Number: 666866
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 1.2468

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2014
Closed on
Jun 17, 2014
Sold by
Branch Banking And Trust Co
Bought by
Church Mark A
List Price
$42,900
Sold Price
$36,000
Premium/Discount to List
-$6,900
-16.08%
Current Estimated Value
$204,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,566
Avg. Annual Appreciation
15.82%
Original Mortgage
$32,400
Outstanding Balance
$24,220
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$180,346

Purchase Details

Closed on
Jan 10, 2014
Sold by
Cox Andrew Danny and Cox Peggy E
Bought by
Branch Banking And Trust Co
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
Church Mark A $36,000 None Available
Branch Banking And Trust Co $42,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Church Mark A $32,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2014 06/20/14 Sold $36,000 -16.1% $47 / Sq Ft
05/07/2014 05/07/14 Pending -- -- --
03/20/2014 03/20/14 For Sale $42,900 -- $56 / 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 $1,183 $151,000 $65,000 $86,000
2024 $1,162 $85,700 $42,600 $43,100
2023 $1,162 $85,700 $42,600 $43,100
2022 $1,151 $85,700 $42,600 $43,100
2021 $1,151 $85,700 $42,600 $43,100
2020 $1,018 $70,500 $30,800 $39,700
2019 $1,025 $70,500 $30,800 $39,700
2018 $1,003 $70,500 $30,800 $39,700
2016 $996 $70,957 $36,400 $34,557
Source: Public Records

Map

Source: Triad MLS

MLS Number: 700630

Triad MLS

APN: 6866-97-9353

North Carolina Forsyth County Kernersville 27284 Woodbridge

525 Wright Rd, Kernersville, NC

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