NOT LISTED FOR SALE

9262 Us 158 Reidsville, NC 27320

Estimated Value: $310,080

-- Bed
-- Bath
-- Sq Ft
0.85 Acres

Last Sold October 14, 2022

Last sale price $279,900

Est. 11% increase in value since last sale

Current estimated payment $1,834/month

13 Days on Market

About This Home

As of October 2022

Gold mine waiting for the entrepreneur spirit! Turn-key opportunity, waiting for you! Formerly the R&L Restaurant, with high traffic location and next to a golf course, with hungry patrons! Visibility and no competition for your restaurant business! Equipment is included to run restaurant, saving you thousands!! Some equipment includes, coolers, ovens, utensils, fryers and more!! Don't miss this opportunity to thrive in this booming economy!

Last Agent to Sell the Property

Melody Tuttle

Keller Williams One License #249135 Listed on: 06/21/2021

Keller Williams One

Last Buyer's Agent

Melody Tuttle

Keller Williams One License #249135 Listed on: 06/21/2021

Keller Williams One

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,761

Year Built

  • Built in 1942

Lot Details

  • Cleared Lot
  • Property is zoned CS

Parking

  • 50 Parking Spaces

Community Details

  • No Home Owners Association
  • 3,927 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 138760

Property Details

Property Type

Other

Est. Annual Taxes

$1,761

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Sub Type: Remarks
  • Prop. Type: Commercial
  • Business Type: Remarks
  • Lot Size: .85
  • Directions: Hwy 158 W, on left at intersection of Flat Rock Road and Us 158
  • Year Built: 1942
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: No
  • Special Features: None

Exterior Features

  • Lot Features: Cleared

Garage/Parking

  • Total Parking Spaces: 50

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 138760
  • Zoning: CS
  • TRIADMLS_DeedPage: 568
  • TRIADMLS_DeedBook: 1459
  • TRIADMLS_AcresRange: -

Rental Info

  • Land Lease Amount: 3500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Oct 27, 2022
Sold by
D and Restaurantllc K
Bought by
Homestead Of Summerfield Llc
Seller's Agent
Melody Tuttle
Keller Williams One
Buyer's Agent
Melody Tuttle
Keller Williams One
List Price
$279,900
Sold Price
$279,900
Current Estimated Value
$310,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,180
Original Mortgage
$408,800
Outstanding Balance
$387,744
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2013
Sold by
Clymer Patsy C and Clymer Brian
Bought by
D & K Restaurant Llc

Purchase Details

Closed on
May 21, 2012
Sold by
Long Linda Cogdill
Bought by
Clymer Patsy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.01%
Mortgage Type
Seller Take Back
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
Homestead Of Summerfield Llc $280,000 --
D & K Restaurant Llc -- None Available
Clymer Patsy C $150,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Homestead Of Summerfield Llc $408,800
Previous Owner D & K Restaurant Llc $15,000
Previous Owner Clymer Patsy C $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $279,900 0.0% --
07/05/2021 07/05/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $279,900 -- --
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
2025 $1,761 $270,435 $61,092 $209,343
2024 $1,761 $270,435 $61,092 $209,343
2023 $1,761 $98,600 $27,769 $70,831
2022 $784 $98,600 $27,769 $70,831
2021 $784 $98,600 $27,769 $70,831
2020 $784 $98,600 $27,769 $70,831
2019 $784 $98,600 $27,769 $70,831
2018 $755 $94,801 $27,769 $67,032
2017 $755 $94,801 $27,769 $67,032
2015 $762 $94,801 $27,769 $67,032
2014 $755 $94,801 $27,769 $67,032
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1030417

Triad MLS

APN: 138760