NOT LISTED FOR SALE

650 Rugby Row Unit C Winston Salem, NC 27106

Estimated Value: $97,000 - $100,000

2 Beds
2 Baths
1,110 Sq Ft
$132/mo HOA Fee

Last Sold October 11, 2013

Last sale price $33,500 $30 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $731/month

64 Days on Market

About This Home

As of October 2013

Upper level end unit condo with a long-term tenant renting month-to-month for $525/month. Well maintained interior. Community has playground and pool. Conveniently located close to Wake Forest University and downtown Winston-Salem. Must see for investors!

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $394

Year Built

  • Built in 1967

Lot Details

  • 436

HOA Fees

  • $132 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Slab Foundation
  • Masonite

Interior Spaces

  • 1,110 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Outdoor Pool

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 089 / 6081
  • 1% Total Tax Rate

Community Details

Overview

  • Georgetown Condominiums Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$394

Year Built

Built in 1967

Lot Details

0

HOA Fees

$132 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Co List Office Mls Id: WSPM01
  • Co List Office Phone: 336-293-7157
  • Subdivision Name: Georgetown Condominiums
  • Directions: From Stratford take Silas Creek Parkway North, Right on Reynolda Road, Left on Coliseum, Left on Georgetown Drive, follow signs to Rugby Row.
  • Above Grade Finished Sq Ft: 1110
  • Architectural Style: Condo Upper
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 1967
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1110
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: City Lot
  • Pool Features: Community
  • Exclusions: Rugby Row
  • Construction Type: Masonite
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: Yes
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas
  • Energy Features: None

Condo/Co-op/Association

  • Association Fee: 132
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Zoning: RM18
  • TRIADMLS_DeedPage: 4260
  • TRIADMLS_DeedBook: 2865

Tax Info

  • Tax Annual Amount: 393.99
  • Tax Block: 6081
  • Tax Lot: 089
  • Tax Map Number: 624866
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 1.2468

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2023
Sold by
Belmont Ventures Llc
Bought by
Property Pals Llc
Total Days on Market
64
Current Estimated Value
$98,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$371,043
Interest Rate
7.63%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$280,710

Purchase Details

Closed on
May 11, 2022
Sold by
Palis Llc
Bought by
Belmont Ventures Llc

Purchase Details

Listed on
Jul 24, 2013
Closed on
Oct 11, 2013
Sold by
Kale Barbara Ann and Morgan Barbara Ann
Bought by
Palis Llc
List Price
$45,000
Sold Price
$33,500
Premium/Discount to List
-$11,500
-25.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%

Purchase Details

Closed on
Dec 15, 2008
Sold by
Wachovia Bank Na
Bought by
Morgan Barbara Ann and Barbara Ann Morgan Revocable Trust
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 Buyer Sale Price Title Company
Property Pals Llc $580,000 None Listed On Document
Belmont Ventures Llc $450,000 Royster Mark S
Palis Llc $33,500 None Available
Morgan Barbara Ann $44,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Property Pals Llc $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2013 10/11/13 Sold $33,500 -25.6% $30 / Sq Ft
09/27/2013 09/27/13 Pending -- -- --
07/24/2013 07/24/13 For Sale $45,000 -- $41 / 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
2023 $569 $42,500 $10,000 $32,500
2022 $558 $42,500 $10,000 $32,500
2021 $548 $42,500 $10,000 $32,500
2020 $441 $31,900 $4,000 $27,900
2019 $444 $31,900 $4,000 $27,900
2018 $421 $31,900 $4,000 $27,900
2016 $416 $31,562 $4,000 $27,562
2015 $410 $31,562 $4,000 $27,562
2014 -- $31,562 $4,000 $27,562
Source: Public Records

Map

Source: Triad MLS

MLS Number: 679946

Triad MLS

APN: 6826-77-2227