NOT LISTED FOR SALE

545 Drum Rd Reidsville, NC 27320

Estimated Value: $180,000 - $228,000

3 Beds
1.5 Baths
1,700 Sq Ft
$126/Sq Ft Est. Value

Last Sold October 24, 2018

Last sale price $50,000 $29 Per Sq Ft

Est. 328% increase in value since last sale

Current estimated payment $1,318/month

148 Days on Market

Highlights

  • 1.48 Acre Lot
  • Detached Carport Space
  • Electric Baseboard Heater
  • No HOA

About This Home

As of October 2018

Great opportunity to own this 3 bedroom 1 full & 1/2 bathroom single family home on a spacious 1.49 +/- acre lot. This property built in 1968 offers room to relax with approximately 1,539 square feet of living space. Bring your ideas and design and see how you can transform this place into just what you’ve been looking for.

Last Buyer's Agent

Kimberly Gonzalez

R&B Legacy Group License #297860

R&B Legacy Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 1.48 Acre Lot

Parking

  • 2 Car Garage
  • Detached Carport Space

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,539 Sq Ft Home
  • 1,300-1,700 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Electric Baseboard Heater
  • Water heater updated in the last 3 years

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 157976
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.48
  • Subdivision Name: None
  • Directions: From Richardson Dr, turn R on Barnes St. L on Drum Rd.
  • Above Grade Finished Sq Ft: 1539
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1968
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1700
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Water Heater: Unknown
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1539
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Detached Carport
  • Garage Description: Detached Carport

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 157976
  • Zoning: Residential
  • TRIADMLS_AcresRange: 1 - 2

Tax Info

  • Tax Annual Amount: 1467
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.436

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2018
Closed on
Oct 9, 2018
Sold by
Deutsche Bank National Trust Company
Bought by
Martinez Montero Oscar and Dlegado Perez Marina
Buyer's Agent
Kimberly Gonzalez
R&B Legacy Group
List Price
$75,000
Sold Price
$50,000
Premium/Discount to List
-$25,000
-33.33%
Current Estimated Value
$213,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,822
Avg. Annual Appreciation
22.82%

Purchase Details

Closed on
Feb 28, 2018
Sold by
Lovelace Carlton Keith and Lovelace Shelia Kay
Bought by
Deutsche Bank National Turst
Source: Public Records

Range of Values:

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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
Martinez Montero Oscar $50,000 None Available
Deutsche Bank National Turst $110,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2018 10/24/18 Sold $50,000 -33.3% $38 / Sq Ft
10/03/2018 10/03/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $75,000 -- $58 / 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 $2,290 $184,633 $24,183 $160,450
2024 $2,290 $184,633 $24,183 $160,450
2023 $1,479 $103,135 $21,984 $81,151
2022 $1,479 $103,135 $21,984 $81,151
2021 $1,479 $103,135 $21,984 $81,151
2020 $1,479 $103,135 $21,984 $81,151
2019 $1,479 $103,135 $21,984 $81,151
2018 $1,467 $102,147 $29,676 $72,471
2017 $1,467 $102,147 $29,676 $72,471
2015 $1,482 $102,147 $29,676 $72,471
2014 -- $102,147 $29,676 $72,471
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 886117

Triad MLS

APN: 157976