$11,062
SOLD JAN 17, 2025
0.47 Acre
$23,536 Price per Acre
20,473 Sq Ft Lot

Recently Sold

$14 Per Sq Ft

22% Above List Price

54 Days on Market

About This Lot

As of January 2025

Seize the chance to develop in a fast-growing, dynamic market with this lot on Old Hollow Rd in Winston-Salem. Spanning 0.47 acres, this parcel is well suited for residential development. With power and water readily available, it's primed for construction and ready to meet the demand of the expanding community. Whether you're an investor or developer, this property offers incredible potential in a rapidly developing area. Don't miss out on this exceptional opportunity!Buyer is responsible for all due diligence regarding the property. Lot size is not guaranteed and should be verified independently by the buyer. Utility easement in southeast corner present. GIS# 6839-31-8162.00 NCDOT# 260998 Please note, this is an online Auction. Buyers should be prepared for the bidding process. There is an additional Buyer Premium of 10% or $350, whichever is greater, due in addition to the purchase price. The Buyer Premium payment is non-refundable.This property is owned by NCDOT and they reserve the right to unilaterally back out of the sale at any time up until the deed has been recorded. The title will be transferred via QuitClaim Deed.

Last Agent to Sell the Property

Reynolds Mcfarlane

Carolina Land Experts License #341519 Listed on: 09/18/2024

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Property Type

  • Land

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 89x300x115x300
  • Rectangular Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned RS30

Schools

  • Winston Salem Forsyth County Schools Elementary And Middle School
  • Winston Salem Forsyth County Schools High School

Utilities

  • Septic Needed
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Auction
  • Assessor Parcel Number 6839-31-8162

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: 2 Lane Road
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: 89x300x115x300
  • Water Source Public: Yes
  • Lot Features Partially Cleared: Yes
  • Sewer Septic Needed: Yes
  • Vegetation Wooded Description: Partially cleared
  • Utilities Electricity Available: Yes
  • Utilities Water Available: Yes
  • Special Listing Conditions Auction: Yes
  • Special Circumstances Auction2: Yes
  • General Property Information Lot Size Square Feet2: 20647.44
  • Utilities Sewer Not Available: Yes
  • General Property Information Lot Size Acres: 0.474
  • Special Features: Auction
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Agricultural, Manufactured Home, Place of Worship, Recreational, Residential, Single Family, See Remarks

Exterior Features

  • Acres: 0.47
  • Lot Features:Level: Yes
  • Lot Features:Rectangular Lot: Yes

Utilities

  • Utilities: Electricity Available, Sewer Not Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Winston Salem Forsyth County Schools
  • Middle Or Junior School: Winston Salem Forsyth County Schools

Lot Info

  • Zoning: RS30
  • Current Use: Vacant
  • Lot Dimensions: 89x300x115x300
  • Lot Size Sq Ft: 20647.44
  • ResoLotSizeUnits: Acres
  • Parcel #: 6839-31-8162
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Winston Salem Forsyth County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Jan 15, 2025
Sold by
State Of North Carolina
Bought by
Gathara John M and Muriuki Ester W
Seller's Agent
Reynolds Mcfarlane
Carolina Land Experts
Buyer's Agent
Non Member
Non Member Office
List Price
$9,100
Sold Price
$11,062
Premium/Discount to List
$1,962
21.56%
Views
17
Current Estimated Value
$153,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,093
Avg. Annual Appreciation
7492.69%

Purchase Details

Listed on
Sep 18, 2024
Closed on
Jan 2, 2025
Sold by
Department Of Transportation
Bought by
Lane Marcus T
Seller's Agent
Reynolds Mcfarlane
Carolina Land Experts
Buyer's Agent
Non Member
Non Member Office
List Price
$9,100
Sold Price
$11,062
Premium/Discount to List
$1,962
21.56%
Views
17

Purchase Details

Closed on
Nov 6, 2018
Sold by
Fulk Michael David
Bought by
Department Of Transportation

Purchase Details

Closed on
Apr 30, 2001
Sold by
Fulk John Hobert and Fulk Dana Brewer
Bought by
Fulk Michael David
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
Quit Claim Deed $11,062 None Listed On Document
Quit Claim Deed $11,062 None Listed On Document
Quit Claim Deed $4,860 None Listed On Document
Warranty Deed $120,000 None Available
Interfamily Deed Transfer $29,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $41,000 Unknown
Previous Owner $38,344 Future Advance Clause Open End Mortgage
Previous Owner $12,500 Unknown
Previous Owner $9,250 Unknown
Previous Owner $4,500 Unknown
Previous Owner $4,500 Credit Line Revolving
Previous Owner $36,000 Unknown
Previous Owner $36,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2025 01/17/25 Sold $11,062 +21.6% $14 / Sq Ft
11/11/2024 11/11/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $9,100 -- $11 / Sq Ft
Source: Doorify 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 -- $53,500 $19,100 $34,400
2023 $567 $53,500 $19,100 $34,400
2022 $567 $53,500 $19,100 $34,400
2021 $567 $42,900 $9,500 $33,400
2020 $567 $42,900 $9,500 $33,400
2019 $567 $42,900 $9,500 $33,400
2018 $567 $42,900 $9,500 $33,400
2016 $387 $47,985 $13,389 $34,596
2015 $381 $47,985 $13,389 $34,596
2014 $370 $47,985 $13,389 $34,596
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10053364

Doorify MLS

APN: 6839-31-8162