NOT LISTED FOR SALE

609 Grooms Rd Reidsville, NC 27320

Estimated Value: $120,000 - $202,603

3 Beds
1 Bath
1,300 Sq Ft
$127/Sq Ft Est. Value

Last Sold May 29, 2024

Last sale price $132,500 $102 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,021/month

1 Day on Market

Highlights

  • No HOA
  • Attached Carport
  • Central Air

About This Home

As of May 2024

Great first time home buyer opportunity - 3 bed 1 bath Brick ranch w/carport on 0.71 acre lot with fenced in backyard.

Last Agent to Sell the Property

Shannon Moore

River Lake Homes LLC License #278386 Listed on: 05/06/2024

Last Buyer's Agent

Shannon Moore

River Lake Homes LLC License #278386 Listed on: 05/06/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,156

Year Built

  • Built in 1965

Lot Details

  • 0.71 Acre Lot

Parking

  • 1 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,168 Sq Ft Home
  • 1,000-1,300 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 157715
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,156

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.71
  • Subdivision Name: None
  • Directions: us 29 south to barnes st, right at ramp, left at loves, right on holiday loop rd, left on grooms rd
  • Above Grade Finished Sq Ft: 1168
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1965
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1300
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1168
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 157715
  • Zoning: res
  • TRIADMLS_PlatBook: 9-86
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1156
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.695

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2024
Closed on
May 29, 2024
Sold by
Wilson Dwight E
Bought by
Wall Dickens Michael
Seller's Agent
Shannon Moore
River Lake Homes LLC
Buyer's Agent
Shannon Moore
River Lake Homes LLC
List Price
$132,500
Sold Price
$132,500
Views
4
Current Estimated Value
$164,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,401
Avg. Annual Appreciation
16.05%
Original Mortgage
$126,160
Outstanding Balance
$124,575
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$40,326

Purchase Details

Listed on
May 6, 2024
Closed on
May 16, 2024
Sold by
Nc Mhp Llc
Bought by
Magnolia Property Inv Llc and Shah
Seller's Agent
Shannon Moore
River Lake Homes LLC
Buyer's Agent
Shannon Moore
River Lake Homes LLC
List Price
$132,500
Sold Price
$132,500
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,160
Outstanding Balance
$124,575
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$40,326
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
Wall Dickens Michael $133,000 None Listed On Document
Wall Dickens Michael $133,000 None Listed On Document
Magnolia Property Inv Llc $2,000,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wall Dickens Michael $126,160
Closed Wall Dickens Michael $126,160
Open Magnolia Property Inv Llc $2,250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2024 05/29/24 Sold $132,500 0.0% $133 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $132,500 -- $133 / 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 $1,826 $147,234 $15,305 $131,929
2024 $1,826 $147,234 $15,305 $131,929
2023 $1,826 $80,581 $13,848 $66,733
2022 $1,156 $80,581 $13,848 $66,733
2021 $1,156 $80,581 $13,848 $66,733
2020 $1,156 $80,581 $13,848 $66,733
2019 $1,156 $80,581 $13,848 $66,733
2018 $1,131 $78,766 $23,848 $54,918
2017 $1,131 $78,766 $23,848 $54,918
2015 $1,143 $78,766 $23,848 $54,918
2014 $1,131 $78,766 $23,848 $54,918
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1142426

Triad MLS

APN: 157715