NOT LISTED FOR SALE

Lot 5 Lake Meadows Dr Reidsville, NC 27320

Estimated Value: $78,000 - $135,695

6.3 Acres
$18,026 Price per Acre
274,428 Sq Ft Lot

Last Sold December 29, 2020

Last sale price $70,000

Est. 62% increase in value since last sale

Current estimated payment $645/month

2,204 Days on Market

About This Lot

As of December 2020

Tremendous building opportunity at rock bottom pricing for new water front community on Reidsville Lake. 6.3 +/- acres with stunning views and expansive lot lines offer separation and privacy. Easy access to Greensboro, Danville and highways. 2 1/2 - 9 acre tracts available with horses permitted on some. Fantastic opportunity! Restrictions on five.

Last Agent to Sell the Property

Mark Yost

Berkshire Hathaway HomeServices Yost & Little Realty License #75630 Listed on: 11/10/2014

Berkshire Hathaway HomeServices Yost & Little Realty

Last Buyer's Agent

Tam Johnson

Southern Living Realty LLC License #270099

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $562

Lot Details

  • 6.3 Acre Lot
  • Property fronts a private road
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned 00

Utilities

  • Well

Community Details

  • No Home Owners Association
  • Waters Edge Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$562

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 6.3
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Waters Edge
  • Directions: From Greensboro: HWY 29 North to Business 29. Left on Flat Rock Road. Property approx 2 miles on your right (look for sign)
  • Special Features: None

Interior Features

  • Possible Use: Investment, Pasture, Single Family

Exterior Features

  • Lot Features: Corner Lot, Level, Partially Cleared, Subdivided

Utilities

  • Sewer: Septic Tank
  • Electric: Duke Power
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: 00
  • TRIADMLS_PlatPage: 1
  • TRIADMLS_PlatBook: 69
  • TRIADMLS_AcresRange: 5 - 106

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Tax Info

  • Tax Map Number: 0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2014
Closed on
Dec 25, 2020
Sold by
Lake Reidsville Estates Llc
Bought by
Brame Robert D and Brame Anna N
Seller's Agent
Mark Yost
Berkshire Hathaway HomeServices Yost & Little Realty
Buyer's Agent
Tam Johnson
Southern Living Realty LLC
Sold Price
$70,000
Current Estimated Value
$113,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,565
Avg. Annual Appreciation
10.51%
Original Mortgage
$200,000
Outstanding Balance
$162,800
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
-$49,235
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
Brame Robert D $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brame Robert D $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2020 12/29/20 Sold $70,000 -- --
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 $562 $86,355 $86,355 $0
2024 $566 $86,355 $86,355 $0
2023 $566 $78,504 $78,504 $0
2022 $624 $78,504 $78,504 $0
2021 $624 $78,504 $78,504 $0
2020 $624 $78,504 $78,504 $0
2019 $624 $78,504 $78,504 $0
2018 $616 $77,385 $77,385 $0
2017 $616 $77,385 $77,385 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mark Yost

    Berkshire Hathaway HomeServices Yost & Little Realty

    (336) 707-6275

    59 Total Sales

    Mark Yost
    Section Image

  • T

    Buyer's Agent in 2020

    Tam Johnson

    Southern Living Realty LLC

    (336) 337-3812

    19 Total Sales

    Tam Johnson
    Section Image
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Map

Source: Triad MLS

MLS Number: 724054

Triad MLS

APN: 178785

North Carolina Rockingham County Reidsville 27320

Lot 5 Lake Meadows Dr, Reidsville, NC

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