$70,000
SOLD APR 23, 2020
2 Beds
1 Bath
1,300 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$54 Per Sq Ft

41 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 4-minute walk to Granville Park
  • Porch

About This Home

As of November 2020

Amazing home w/ lots of potenital on W Academy St. in Winston-Salem. This large 2bd/1bth home is a great investor fix-n-flip or could also be a great option to a rental portfolio. (Close to Salem College) Come schedule your appointment today, this property wont last long! Home will be sold As-Is.

Last Agent to Sell the Property

Zachary Bradley

Southern Luxe Realty License #305344 Listed on: 02/28/2020

Last Buyer's Agent

Carla Hoots

Fader Real Estate at ERA Live Moore License #294213

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,130

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Property is zoned RS7

Parking

  • Driveway

Interior Spaces

  • 1,182 Sq Ft Home
  • 1,000-1,300 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • West Salem Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6835027641
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,130

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Subdivision Name: West Salem
  • Directions: Main street towards downtown, left on first street, left s liberty street, right on to W academy St, destination on the left. 806 W Academy St.
  • Above Grade Finished Sq Ft: 1182
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1920
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1300
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1182
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: See Remarks
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6835027641
  • Zoning: RS7
  • TRIADMLS_PricePerAcre: 681818.1818
  • TRIADMLS_DeedPage: 3233
  • TRIADMLS_DeedBook: 2721
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1130.45
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 1.3909

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Nov 6, 2020
Sold by
Mam Realty Inc
Bought by
Petree Jeremy K and Petree Danielle B
Seller's Agent
Carla Hoots
Fader Real Estate at ERA Live Moore
Buyer's Agent
Jodi Tate
Blue Door Group Real Estate
Sold Price
$212,950
Current Estimated Value
$311,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,746
Avg. Annual Appreciation
7.70%
Original Mortgage
$159,712
Outstanding Balance
$143,968
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$158,518

Purchase Details

Listed on
Feb 28, 2020
Closed on
Apr 22, 2020
Sold by
Tucker Patrick Michael and Tucker Cameron P
Bought by
Mam Realty Inc
Seller's Agent
Zachary Bradley
Southern Luxe Realty
Buyer's Agent
Carla Hoots
Fader Real Estate at ERA Live Moore
Sold Price
$70,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
655.98%

Purchase Details

Closed on
Jan 3, 2007
Sold by
Tucker Frances L and Tucker Frances S
Bought by
Tucker Cameron P
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 Type Sale Price Title Company
Warranty Deed $213,000 None Available
Warranty Deed $70,000 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $159,712 New Conventional
Previous Owner $73,600 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2020 11/10/20 Sold $212,950 +204.2% $213 / Sq Ft
04/23/2020 04/23/20 Sold $70,000 -- $70 / 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 $2,528 $188,800 $40,300 $148,500
2022 $2,480 $188,800 $40,300 $148,500
2021 $2,436 $188,800 $40,300 $148,500
2020 $1,092 $79,100 $26,000 $53,100
2019 $1,100 $79,100 $26,000 $53,100
2018 $1,045 $79,100 $26,000 $53,100
2016 $933 $70,937 $28,520 $42,417
2015 $919 $70,937 $28,520 $42,417
2014 $891 $70,937 $28,520 $42,417
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 966803

Triad MLS

APN: 6835-02-7641