$35,000
SOLD AUG 4, 2020
2 Beds
1 Bath
1,100 Sq Ft
0.34 Acres

Recently Sold

$32 Per Sq Ft

29% Below List Price

17 Days on Market

Highlights

  • 0.34 Acre Lot
  • Forced Air Heating and Cooling System
  • Asbestos
  • No HOA

About This Home

As of August 2020

Hardwoods throughout except in kitchen, bath and 3rd bedroom. Can be a rental with abundant equity or a flip. Property could be immediately resold for profit to an end buyer with a loan in its current condition. Tenant occupied at $720/month. Month to month, behind on rent. ASSIGNMENT OF CONTRACT, CASH ONLY, CLOSE WITH NELSON LAW, SELLERS DO NOT YET OWN, AGENTS HAVE EQUITABLE INTEREST AND ARE THE DECISION MAKERS, BUYER PAYS ALL CLOSING COSTS. WALKTHROUGH VIDEO AVAILABLE, NO SHOWINGS WITHOUT PROOF OF FUNDS

Last Agent to Sell the Property

Robert Pompey

Legacy Real Estate Services License #286025 Listed on: 07/10/2020

Co-Listed By

Bradley Lowery

Legacy Real Estate Services License #298717

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $381

Year Built

  • Built in 1929

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100 x 150

Parking

  • No Garage

Home Design

  • Asbestos

Interior Spaces

  • 978 Sq Ft Home
  • 800-1,100 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6834942968
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$381

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Lot Size: 100 x 150
  • Co List Office Mls Id: HLRS01
  • Co List Office Phone: 704-707-6945
  • Subdivision Name: None
  • Directions: Take Freeman Mill Rd to I-40 W. Take exit 81B from Freeman Mill Rd Follow I-40 W to Thomasville Rd in Winston-Salem. Take exit 195 from I-40 W Continue on Thomasville Rd. Drive to Goldfloss St
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1929
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 800 - 1100
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 978
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Asbestos
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: None

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6834942968
  • Zoning: Residential
  • TRIADMLS_PricePerAcre: 102941.1765
  • TRIADMLS_DeedPage: 967
  • TRIADMLS_DeedBook: 3345
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 381
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 1.3209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Aug 4, 2020
Sold by
Green Steven Charles
Bought by
Kashmiri Iftikhar
Seller's Agent
Robert Pompey
Legacy Real Estate Services
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$49,000
Sold Price
$35,000
Premium/Discount to List
-$14,000
-28.57%
Current Estimated Value
$85,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,917
Avg. Annual Appreciation
17.83%

Purchase Details

Listed on
Oct 26, 2016
Closed on
Mar 23, 2017
Sold by
Wade Jeffrey L and Wade Suzanne M
Bought by
Green Steven Charles
List Price
$65,000
Sold Price
$47,550
Premium/Discount to List
-$17,450
-26.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.97%

Purchase Details

Closed on
Dec 20, 2003
Sold by
Gerringer Carolyn
Bought by
Wade Jeffrey L

Purchase Details

Closed on
Mar 15, 2002
Sold by
Us Properties
Bought by
Gerringer Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,568
Interest Rate
6.98%
Mortgage Type
FHA
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 $35,000 None Available
Warranty Deed $49,000 None Available
Warranty Deed $43,500 --
Warranty Deed $55,000 --
Warranty Deed $41,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $172,549 Future Advance Clause Open End Mortgage
Previous Owner $68,000 Unknown
Previous Owner $68,000 Unknown
Previous Owner $54,568 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2020 08/04/20 Sold $35,000 -28.6% $44 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $49,000 +3.0% $61 / Sq Ft
05/03/2017 05/03/17 Sold $47,550 -26.8% $48 / Sq Ft
03/03/2017 03/03/17 Pending -- -- --
10/26/2016 10/26/16 For Sale $65,000 -- $65 / 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 $486 $36,300 $8,300 $28,000
2022 $477 $36,300 $8,300 $28,000
2021 $468 $36,300 $8,300 $28,000
2020 $378 $27,400 $8,300 $19,100
2019 $381 $27,400 $8,300 $19,100
2018 $362 $27,400 $8,300 $19,100
2016 $258 $19,621 $9,750 $9,871
2015 $254 $19,621 $9,750 $9,871
2014 $246 $19,621 $9,750 $9,871
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 984975

Triad MLS

APN: 6834-94-2968