NOT LISTED FOR SALE

8431 Reid Farm Rd Walnut Cove, NC 27052

Estimated Value: $71,000 - $168,000

2 Beds
1 Bath
900 Sq Ft
$131/Sq Ft Est. Value

Last Sold December 14, 2023

Last sale price $60,000 $67 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $671/month

Highlights

  • No HOA
  • Cottage
  • Level Lot

About This Home

As of December 2023

Bring you tools, skills, vision and imagination. 2BR/1BA home on .70 acre being sold AS IS, needs repairs and complete renovations. Nice rural setting with peaceful street views, lovely properties across the street Property is in an estate, seller has no knowledge of type of water & sewer but we believe it is well & septic since Forsyth County does not have a record of public water & sewer. There is no septic permit on record. SEE AGENT REMARKS BEFORE SHOWINGS

Last Agent to Sell the Property

Anne Ferguson-Dallas

Howard Hanna Allen Tate High Point License #141141 Listed on: 11/30/2023

Howard Hanna Allen Tate High Point

Last Buyer's Agent

Brittany Duncan

eXp Realty License #315236

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $578

Year Built

  • Built in 1957

Lot Details

  • 0.7 Acre Lot
  • Rural Setting
  • Level Lot
  • Property is zoned AG

Parking

  • Driveway

Home Design

  • Cottage
  • Aluminum Siding

Interior Spaces

  • 780 Sq Ft Home
  • 700-900 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Heating
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6960092207
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$578

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.7
  • Subdivision Name: None
  • Directions: Follow GPS - Reid Farm Rd is off Main St. Walnut Cove
  • Above Grade Finished Sq Ft: 780
  • Architectural Style: Cottage
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1957
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 700 - 900
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 780
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Lot Features: Level, Rural
  • Pool Features: None
  • Construction Type: Aluminum Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: See Remarks
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Remarks
  • Water Heater: Unknown

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6960092207
  • Zoning: AG
  • TRIADMLS_PricePerAcre: 85714.2857
  • TRIADMLS_DeedPage: 0043
  • TRIADMLS_DeedBook: 1687
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 578
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2024
Sold by
Tedder Realty
Bought by
Tedder Luke Alan
Current Estimated Value
$117,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Outstanding Balance
$96,013
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$21,447

Purchase Details

Listed on
Nov 30, 2023
Closed on
Dec 12, 2023
Sold by
Cox Randy Mark and Cox Carol
Bought by
Realty Tedder
Seller's Agent
Anne Ferguson-Dallas
Howard Hanna Allen Tate High Point
Buyer's Agent
Brittany Duncan
eXp Realty
List Price
$55,000
Sold Price
$60,000
Premium/Discount to List
$5,000
9.09%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.54%

Purchase Details

Closed on
Feb 26, 1990
Bought by
Cox
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
Tedder Luke Alan $130,000 None Listed On Document
Tedder Luke Alan $130,000 None Listed On Document
Realty Tedder $60,000 None Listed On Document
Realty Tedder $60,000 None Listed On Document
Cox -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tedder Luke Alan $97,500
Closed Tedder Luke Alan $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Sold $60,000 +9.1% $86 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
11/30/2023 11/30/23 For Sale $55,000 -- $79 / 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 $578 $70,300 $24,700 $45,600
2023 $578 $70,300 $24,700 $45,600
2022 $578 $70,300 $24,700 $45,600
2021 $557 $70,300 $24,700 $45,600
2020 $556 $63,800 $19,000 $44,800
2019 $562 $63,800 $19,000 $44,800
2018 $540 $63,800 $19,000 $44,800
2016 $502 $58,995 $17,515 $41,480
2015 $502 $58,995 $17,515 $41,480
2014 $476 $58,995 $17,515 $41,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1125637

Triad MLS

APN: 6960-09-2207