NOT LISTED FOR SALE

702 Cedar Ln Reidsville, NC 27320

Estimated Value: $278,000 - $309,000

3 Beds
2 Baths
3,600 Sq Ft
$81/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $209,000 $58 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,727/month

25 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Forced Air Heating and Cooling System
  • 2 Car Attached Garage
  • Outdoor Storage
  • Ceiling Fan

About This Home

As of June 2022

**Multiple Offers - Highest and Best no later than 5pm today, April 21, 2022**. Great opportunity in this market to buy a solid home that just needs updating. Sought after University Estates brick ranch home. Cleaned up and ready to go. With some updating you could have a very nice home and lots of options for creating your own home. Have it renovated or put in some sweat equity and greatly improve the value of your home. This home is ready to go and will not last long. You even have a workshop (unfinished space in basement) with which to help with the remodel. Lots of space downstairs for your playroom or whatever you desire.

Last Agent to Sell the Property

Larry Story

Total Care Realty, LLC License #257455 Listed on: 04/18/2022

Total Care Realty, LLC

Last Buyer's Agent

Candice Oglesby

Compass Carolinas, LLC License #317294

Compass Carolinas, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,251

Year Built

  • Built in 1968

Lot Details

  • 0.87 Acre Lot
  • Sloped Lot
  • Cleared Lot
  • Property is zoned RP

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,366 Sq Ft Home
  • 3,000-3,600 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Partially Finished Basement
  • Sump Pump
  • Dryer Hookup

Kitchen

  • Built-In Range
  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage

Utilities

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

Community Details

  • No Home Owners Association
  • University Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 145515
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,251

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.87
  • Subdivision Name: University Estates
  • Directions: From Highway 29 exit onto NC Highway 14 North, left turn onto Berrymore Road, then turn left onto Cedar Lane. The home will be on the right.
  • Above Grade Finished Sq Ft: 3366
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1968
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 1400 - 1700
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3000 - 3600
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Oven, Built-In Range, Dishwasher, Disposal, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s)
  • Other Equipment: Sump Pump
  • Has Basement: Partially Finished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1586
  • Living Area: 3366
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Exterior Features: Garden
  • Lot Features: City Lot, Cleared, Sloped
  • Pool Features: None
  • Construction Type: Brick
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Driveway, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Dual Fuel System, Forced Air, Natural Gas, Wood
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas, Wood Fuel
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 145515
  • Zoning: RP
  • TRIADMLS_PricePerAcre: 206321.8391
  • TRIADMLS_DeedPage: 77
  • TRIADMLS_DeedBook: 1562
  • TRIADMLS_PlatBook: 11-46
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1251
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2022
Closed on
Jun 22, 2022
Sold by
Moore Lorenz Karen
Bought by
Hall Tara and Martin Dawn
Seller's Agent
Larry Story
Total Care Realty, LLC
Buyer's Agent
Candice Oglesby
Compass Carolinas, LLC
List Price
$179,500
Sold Price
$209,000
Premium/Discount to List
$29,500
16.43%
Current Estimated Value
$292,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,328
Avg. Annual Appreciation
11.06%
Original Mortgage
$209,000
Outstanding Balance
$199,197
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$93,131

Purchase Details

Listed on
Jul 3, 2018
Closed on
Jul 9, 2019
Sold by
Hopkins Jarrell Janice Sue and Jarrell Timothy Ted
Bought by
Lorenz B Dean and Lorenz Karen M
Seller's Agent
John Hall
Blue Sky Realty, Inc
Buyer's Agent
Scott Hackett
Keller Williams One
Sold Price
$148,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.41%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hall Tara $220,000 Berger Kevin
Lorenz B Dean $148,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Tara $209,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2022 06/27/22 Sold $209,000 +16.4% $70 / Sq Ft
05/14/2022 05/14/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $179,500 +21.3% $60 / Sq Ft
06/16/2021 06/16/21 Off Market $148,000 -- --
07/15/2019 07/15/19 Sold $148,000 -- $57 / 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 $1,768 $274,980 $26,275 $248,705
2024 $1,771 $274,980 $26,275 $248,705
2023 $1,771 $159,311 $23,800 $135,511
2022 $1,251 $159,311 $23,800 $135,511
2021 $1,251 $159,311 $23,800 $135,511
2020 $1,255 $159,311 $23,800 $135,511
2019 $1,251 $159,311 $23,800 $135,511
2018 $1,105 $140,567 $30,800 $109,767
2017 $1,105 $140,567 $30,800 $109,767
2015 $1,116 $140,567 $30,800 $109,767
2014 -- $140,567 $30,800 $109,767
Source: Public Records

Agents Affiliated with this Home

  • Larry Story

    Seller's Agent in 2022

    Larry Story

    Total Care Realty, LLC

    (336) 471-7619

    4 in this area

    108 Total Sales

    Larry Story
    Section Image
  • Candice Oglesby

    Buyer's Agent in 2022

    Candice Oglesby

    Compass Carolinas, LLC

    (336) 663-2631

    1 in this area

    27 Total Sales

    Candice Oglesby
    Section Image

  • J

    Seller's Agent in 2019

    John Hall

    Blue Sky Realty, Inc

    (336) 344-0051

    20 in this area

    117 Total Sales

    John Hall
    Section Image

  • R

    Seller Co-Listing Agent in 2019

    Robin Hall

    Blue Sky Realty, Inc

    (336) 344-0052

    16 in this area

    97 Total Sales

    Robin Hall
    Section Image

  • S

    Buyer's Agent in 2019

    Scott Hackett

    Keller Williams One

    (336) 392-4796

    8 in this area

    59 Total Sales

    Scott Hackett
    Section Image
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Map

Source: Triad MLS

MLS Number: 1066218

Triad MLS

APN: 145515

North Carolina Rockingham County Reidsville 27320

702 Cedar Ln, Reidsville, NC

This home is located at 702 Cedar Ln, Reidsville, NC 27320 since 18 April 2022 and is currently estimated at $292,328, approximately $81 per square foot. This property was built in 1968. 702 Cedar Ln is a home located in Rockingham County with nearby schools including Wentworth Elementary School, Rockingham County Middle School, and Rockingham County High School.

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