NOT LISTED FOR SALE

Estimated Value: $232,000 - $309,000

3 Beds
2 Baths
1,904 Sq Ft
$139/Sq Ft Est. Value

Last Sold February 04, 2014

Last sale price $85,000 $45 Per Sq Ft

Est. 212% increase in value since last sale

Current estimated payment $1,565/month

76 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • Porch
  • Grimsley High School Rated A
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of February 2014

HUGE PRICE REDUCTION! Own your home, yet rent the basement to pay your mortgage. Investors welcome, has rented as duplex in past. Main level has LR w/fireplace & HW floor. Sizable kitchen + knotty pine dining room w/built-ins & HW floor. 2 nice size bdrms w/HW floor + updated full bath. Renovated basement offers den/bdrm/kitchen/full bath, all w/tile flooring. Shared laundry. Basement is accessible interiorly (but can be secured) + private entrance @ patio. Large backyard. Great location, near downtown.

Last Agent to Sell the Property

Robin Covington

Ironwood Homes Realty LLC License #184088 Listed on: 10/14/2013

Last Buyer's Agent

Richard Dunn

South East Real Estate Group Inc. License #247191

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,250

Year Built

  • Built in 1953

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 65 x 120
  • Property is zoned RM-18

Parking

  • No Garage

Home Design

  • Asbestos

Interior Spaces

  • 1,904 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room with Fireplace
  • Pull Down Stairs to Attic
  • Free-Standing Range
  • Dryer Hookup
  • Finished Basement

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Porch

Schools

  • Aycock Middle School
  • Grimsley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Idlewood Subdivision

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 0004129
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,250

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: 65 x 120
  • Subdivision Name: Idlewood
  • Directions: E on Wendover, R on Grayland, at corner of Grayland/Bessemer
  • Above Grade Finished Sq Ft: 1904
  • Architectural Style: Ranch
  • Unit Levels: Two
  • Year Built: 1953
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 952
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1904
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Slide-In Oven/Range, Electric Water Heater
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s)
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 952
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1904
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsLower: 1

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Lot Features: City Lot
  • Construction Type: Asbestos
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, In Basement, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Irving Park
  • High School: Grimsley
  • Middle Or Junior School: Aycock

Lot Info

  • Parcel #: 0004129
  • Zoning: RM-18
  • TRIADMLS_PlatPage: 85
  • TRIADMLS_DeedPage: 3057
  • TRIADMLS_DeedBook: 6374
  • TRIADMLS_PlatBook: 19

Tax Info

  • Tax Annual Amount: 1250.41
  • Tax Lot: 31
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 1.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2013
Closed on
Feb 4, 2014
Sold by
Glover Sheryl and Glover James
Bought by
Allman Susan and Walker Maile
Seller's Agent
Robin Covington
Ironwood Homes Realty LLC
Buyer's Agent
Richard Dunn
South East Real Estate Group Inc.
List Price
$110,000
Sold Price
$85,000
Premium/Discount to List
-$25,000
-22.73%
Current Estimated Value
$265,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,112
Avg. Annual Appreciation
10.30%
Original Mortgage
$68,000
Outstanding Balance
$49,328
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$215,784

Purchase Details

Closed on
Jul 11, 2005
Sold by
Sharpe Holdings Llc
Bought by
Glover James and Glover Sheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000
Interest Rate
5.61%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 12, 2003
Sold by
Smithwick Lucy Connor and Smithwick Ollie M
Bought by
Sharpe Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
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
Allman Susan $85,000 None Available
Glover James $110,000 None Available
Sharpe Holdings Llc $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allman Susan $68,000
Previous Owner Glover James $11,000
Previous Owner Glover James $88,000
Previous Owner Sharpe Holdings Llc $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2014 02/04/14 Sold $85,000 -22.7% $45 / Sq Ft
12/30/2013 12/30/13 Pending -- -- --
10/14/2013 10/14/13 For Sale $110,000 -- $58 / 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 $1,566 $111,600 $30,000 $81,600
2023 $1,566 $111,600 $30,000 $81,600
2022 $1,521 $111,600 $30,000 $81,600
2021 $1,326 $95,200 $30,000 $65,200
2020 $1,326 $95,200 $30,000 $65,200
2019 $1,326 $95,200 $0 $0
2018 $1,288 $95,200 $0 $0
2017 $1,298 $95,200 $0 $0
2016 $1,225 $88,500 $0 $0
2015 $1,232 $88,500 $0 $0
2014 $1,241 $88,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 687554

Triad MLS

APN: 0004129