$40,000
SOLD JAN 25, 2012
3 Beds
2 Baths
1,328 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$30 Per Sq Ft

6 Days on Market

About This Home

As of January 2012

FHA 381-640137(IE).AS-IS without repairs or warranties.See HUDPemco or HUDHOMESTORE websites for Property Condition Report, environmental issues if any, online bidding, required contract and addenda. Registered HUD brokers only. All information is believed accurate, but should be verified by buyer. FHA borrowers may qualify for $100 down payment. FHA 203k renovation loan for qualified property and owner-occupant.

Last Buyer's Agent

Tony Green

Green Haven Realty License #116570

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $962

Year Built

  • Built in 2000

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • No Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,328 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Salem Pointe 02 Revision Map Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6825942078
  • 1% Total Tax Rate

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$962

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Subdivision Name: Salem Pointe 02 Revision Map
  • Directions: From Business 40 take Broad St Exit. Take a left onto Broad St. Take a right onto Cotton St. Take a right onto Salem Pointe.
  • Above Grade Finished Sq Ft: 1328
  • Unit Levels: Two
  • Structure Type: Townhouse
  • Year Built: 2000
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1328
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1328
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Remarks
  • Heating: See Remarks, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6825942078
  • Zoning: Rs9
  • TRIADMLS_DeedPage: 240
  • TRIADMLS_DeedBook: 3029

Tax Info

  • Tax Annual Amount: 961.72
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 1.149

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2011
Closed on
Jan 19, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Mastin David B
Buyer's Agent
Tony Green
Green Haven Realty
List Price
$40,000
Sold Price
$40,000
Current Estimated Value
$213,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,502
Avg. Annual Appreciation
13.12%
Original Mortgage
$66,960
Outstanding Balance
$12,316
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$199,754

Purchase Details

Closed on
Oct 11, 2011
Sold by
Gay Kenneth O and Gay April M
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Sep 28, 2000
Sold by
Sandra Anderson Builders Inc
Bought by
Gay Kenneth O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,456
Interest Rate
7.92%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 2, 2000
Sold by
City Of Winston Salem
Bought by
Sandra Anderson Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
8.55%
Mortgage Type
Unknown
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 Type Sale Price Title Company
Special Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $84,500 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $66,960 Purchase Money Mortgage
Previous Owner $85,739 FHA
Previous Owner $84,456 FHA
Previous Owner $68,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2015 07/11/15 For Rent $825 0.0% --
07/11/2015 07/11/15 Rented $825 0.0% --
01/25/2012 01/25/12 Sold $40,000 0.0% $30 / Sq Ft
12/07/2011 12/07/11 Pending -- -- --
11/30/2011 11/30/11 For Sale $40,000 -- $30 / 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 $1,308 $97,700 $11,000 $86,700
2022 $1,284 $97,700 $11,000 $86,700
2021 $1,261 $97,700 $11,000 $86,700
2020 $817 $59,200 $11,000 $48,200
2019 $823 $59,200 $11,000 $48,200
2018 $782 $59,200 $11,000 $48,200
2016 $737 $56,024 $9,000 $47,024
2015 $726 $56,024 $9,000 $47,024
2014 $704 $56,024 $9,000 $47,024
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 628653

Triad MLS

APN: 6825-94-2078