NOT LISTED FOR SALE

Estimated Value: $162,000 - $183,000

2 Beds
2 Baths
1,200 Sq Ft
$165/mo HOA Fee

Last Sold January 13, 2020

Last sale price $78,000 $65 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $1,174/month

82 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • Carpet

About This Home

As of January 2020

Investor owned condo with tenants in place. Part of a package of four condos in the same building sold individually or as a package. Other units are 821, 824 and 833 Rivertree. All are in MLS. Marketing brochure and lease details are included in the attachments. This condo is rented for $892/mo to long term tenants. All four units are for sale at $310,000. MLS 949532, 949866, 949868.

Last Agent to Sell the Property

Jason Bush

Linville Team Partners License #271506 Listed on: 09/17/2019

Last Buyer's Agent

Sherri Swain

Berkshire Hathaway HomeServices Carolinas Realty License #145880

Berkshire Hathaway HomeServices Carolinas Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $816

Year Built

  • Built in 1997

Lot Details

  • 436

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,050 Sq Ft Home
  • 900-1,200 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Utilities

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

Community Details

  • Burke Creek Condominiums Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6814713695
  • 1% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$816

Year Built

Built in 1997

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.01
  • Subdivision Name: Burke Creek Condominiums
  • Directions: Bolton St to Burke Mill, L Woodland Hills, R Quietwood, R Rivertree, last building on left. Unit on second floor.
  • Above Grade Finished Sq Ft: 1050
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 1997
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 900 - 1200
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Laminate
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Pantry, Separate Shower
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1050
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Deck, Paved

Utilities

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

Condo/Co-op/Association

  • Association Fee: 165
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 6814713695
  • Zoning: RM8-S
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 816.45
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 1.3909

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2019
Closed on
Jan 13, 2020
Sold by
Grooms Robert and Grooms Melinda L
Bought by
Finley Samuel J and Finley Robyn F
Seller's Agent
Jason Bush
Linville Team Partners
Buyer's Agent
Sherri Swain
Berkshire Hathaway HomeServices Carolinas Realty
List Price
$78,000
Sold Price
$78,000
Current Estimated Value
$172,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,029
Avg. Annual Appreciation
14.22%
Original Mortgage
$58,500
Outstanding Balance
$51,576
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$120,453

Purchase Details

Closed on
Jun 30, 2005
Sold by
White Dianne H
Bought by
Grooms Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2003
Sold by
Hassell Phillip M and Hassell Andrea L
Bought by
White Dianne H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,200
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 1998
Sold by
John Kavanagh Company
Bought by
Hassell Phillip Mark and Hassell Andrea Lyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
6.86%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Finley Samuel J $78,000 None Available
Grooms Robert $77,500 --
White Dianne H $79,000 --
Hassell Phillip Mark $77,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finley Samuel J $58,500
Previous Owner Grooms Robert $62,000
Previous Owner White Dianne H $63,200
Previous Owner Hassell Phillip Mark $74,000
Closed White Dianne H $11,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2020 01/13/20 Sold $78,000 0.0% $87 / Sq Ft
12/09/2019 12/09/19 Pending -- -- --
09/17/2019 09/17/19 For Sale $78,000 -- $87 / 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 $1,258 $179,500 $31,000 $148,500
2024 $1,201 $89,700 $17,000 $72,700
2023 $1,201 $89,700 $17,000 $72,700
2022 $1,178 $89,700 $17,000 $72,700
2021 $1,157 $89,700 $17,000 $72,700
2020 $811 $58,700 $9,000 $49,700
2019 $816 $58,700 $9,000 $49,700
2018 $775 $58,700 $9,000 $49,700
2016 $929 $70,597 $9,000 $61,597
2015 $915 $70,597 $9,000 $61,597
2014 $887 $70,597 $9,000 $61,597
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 949865

Triad MLS

APN: 6814-71-3695