NOT LISTED FOR SALE

Estimated Value: $125,000 - $339,000

2 Beds
1.5 Baths
1,456 Sq Ft
$138/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $55,000 $38 Per Sq Ft

Est. 266% increase in value since last sale

Current estimated payment $1,162/month

56 Days on Market

Highlights

  • Contemporary Architecture
  • Central Air
  • Carpet
  • Porch
  • Ceiling Fan

About This Home

As of February 2015

Excellent opportunity for first time buyers or investors! This delightful townhome is centrally located to downtown Winston-Salem and highways are easily accessible. It features gorgeous wood floors in the den and main level! It even has a loft! So cute you will love ti when you see it!

Last Agent to Sell the Property

Jeff White

Coldwell Banker Howard Perry & Waltson License #204703 Listed on: 12/01/2014

Coldwell Banker Howard Perry & Waltson

Last Buyer's Agent

Carol Lowe

Coldwell Banker Advantage License #130805

Coldwell Banker Advantage

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $698

Year Built

  • Built in 1989

Lot Details

  • 3,485

Parking

  • No Garage

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 1,456 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Great Room with Fireplace
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Flat Rock Middle School
  • Parkland High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Porch
  • 3,485 Sq Ft Lot

Community Details

  • Property has a Home Owners Association
  • Salem Pointe Subdivision

Listing and Financial Details

  • 1% Total Tax Rate

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$698

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Subdivision Name: Salem Pointe
  • Directions: From I-40W, take exit 5B (Broad St), turn left on Broad, take first right onto Cotton St, take 2nd right onto Salem Pointe Ln, home is on the right.
  • Above Grade Finished Sq Ft: 1456
  • Architectural Style: Contemporary
  • Unit Levels: Two
  • Structure Type: Townhouse
  • Year Built: 1989
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1456
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Pantry, Tile Counters
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 1456
  • TRIADMLS_HalfBathsLower: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: Diggs-Latham
  • High School: Parkland
  • Middle Or Junior School: Flat Rock

Lot Info

  • Zoning: RM5-S
  • TRIADMLS_DeedPage: 2223
  • TRIADMLS_DeedBook: 2992

Tax Info

  • Tax Annual Amount: 697.52
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 1.2568

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2014
Closed on
Feb 27, 2015
Sold by
Trinh Phap
Bought by
Basurto Jesus Manuel Garcia
Seller's Agent
Jeff White
Coldwell Banker Howard Perry & Waltson
Buyer's Agent
Carol Lowe
Coldwell Banker Advantage
List Price
$65,000
Sold Price
$55,000
Premium/Discount to List
-$10,000
-15.38%
Current Estimated Value
$201,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,038
Avg. Annual Appreciation
14.18%
Original Mortgage
$49,500
Outstanding Balance
$18,165
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$205,026

Purchase Details

Closed on
Feb 17, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Trinh Phap

Purchase Details

Closed on
Sep 8, 2010
Sold by
Gerald Dezrene M
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Sep 8, 2006
Sold by
Robinson Louvina
Bought by
Gerald Dezrene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.35%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 12, 2001
Sold by
Hauser Sharon and Hauser George
Bought by
Robinson Louvina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,225
Interest Rate
6.85%
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
Basurto Jesus Manuel Garcia $55,000 None Available
Trinh Phap $38,000 None Available
Deutsche Bank National Trust Company $65,450 None Available
Gerald Dezrene M $90,000 None Available
Robinson Louvina $85,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basurto Jesus Manuel Garcia $49,500
Previous Owner Thinh Phap Ngoc $50,000
Previous Owner Gerald Dezrene M $90,000
Previous Owner Robinson Louvina $81,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $55,000 -15.4% $38 / Sq Ft
01/27/2015 01/27/15 Pending -- -- --
12/01/2014 12/01/14 For Sale $65,000 -- $45 / 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
2024 $1,094 $81,700 $11,000 $70,700
2023 $1,094 $81,700 $11,000 $70,700
2022 $1,073 $81,700 $11,000 $70,700
2021 $1,054 $81,700 $11,000 $70,700
2020 $766 $55,500 $11,000 $44,500
2019 $772 $55,500 $11,000 $44,500
2018 $733 $55,500 $11,000 $44,500
2016 $730 $55,522 $9,000 $46,522
2015 $719 $55,522 $9,000 $46,522
2014 -- $55,522 $9,000 $46,522
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 725490

Triad MLS

APN: 6825-94-4188