NOT LISTED FOR SALE

919 Lockland Ave Winston Salem, NC 27103

Ardmore Neighborhood
6 Beds
6 Baths
2,520 Sq Ft
9,148 Sq Ft Lot

Last Sold May 19, 2017

Last sale price $115,000 $46 Per Sq Ft

264 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Storm Doors
  • No HOA

About This Home

As of May 2017

Terrific investment quad-plex in great Ardmore location close to medical facilities and the School of the Arts. Potential for $1625 rent when all four units rented. Recent updating to two units. Property manager says rent could be increased. Low cost modifications would also increase rent, as well as potential for turning basement back into fifth rental unit (call agent for details). Building grandfathered by city and legal for five units. Absolutely sold as is.

Last Agent to Sell the Property

Ashley Lay

Keller Williams Realty Elite License #241871 Listed on: 07/18/2016

Keller Williams Realty Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,883

Year Built

  • Built in 1937

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 45.00 x 159.00 x 151.00 x 45.00

Parking

  • Gravel Driveway

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Storm Doors

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 104,105 / 1037
  • Assessor Parcel Number 682459992400
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 2,000 Sq Ft Building
  • Ardmore Subdivision

Building Details

  • 3 Leased Units
  • Electric Expense $1,608
  • Fuel Expense $1,548
  • Insurance Expense $777
  • Maintenance Expense $900
  • Water Sewer Expense $876
  • Operating Expense $9,482
  • Gross Income $19,500
  • Net Operating Income $10,018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,883

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.21
  • Lot Size: 45.00 x 159.00 x 151.00 x 45.00
  • Subdivision Name: Ardmore
  • Directions: S on Silas Creek to Left on Lockland, Property on the Right.
  • Architectural Style: Two Story
  • Building Stories: 2
  • Year Built: 1937
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Door Features: Storm Door(s)
  • TRIADMLS_ApproxSqFtRange: 1800 - 2100

Exterior Features

  • Lot Features: City Lot
  • Construction Type: Brick, Vinyl Siding
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric
  • Energy Features: Storm Doors

Condo/Co-op/Association

  • Association: No

Fee Information

  • Annual Fuel Expense: 1548
  • Annual Water Sewer Expense: 876

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 682459992400
  • Zoning: RS9
  • TRIADMLS_AcresRange: 0 - 0

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Number Of Units Furnished: None
  • Electric Expense: 1608
  • Annual Gross Income: 19500
  • Insurance Expense: 777
  • Maintenance Expense: 900
  • Property Net Operating Income: 10018
  • Number Of Units Leased: 3
  • Annual Operating Expense: 9482

Tax Info

  • Tax Annual Amount: 1883.09
  • Tax Block: 1037
  • Tax Lot: 104,105
  • Tax Map Number: 624846
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 1.296

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2017 05/19/17 Sold $115,000 -25.8% $46 / Sq Ft
04/09/2017 04/09/17 Pending -- -- --
07/18/2016 07/18/16 For Sale $154,900 -- $61 / Sq Ft
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ashley Lay

    Seller's Agent in 2017

    Ashley Lay

    Keller Williams Realty Elite

    (336) 816-7818

    19 in this area

    751 Total Sales

    Ashley Lay
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Map

Source: Triad MLS

MLS Number: 801780

Triad MLS

APN: 6824-59-9924.00

North Carolina Forsyth County Winston-Salem 27103 Ardmore

919 Lockland Ave, Winston-Salem, NC

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