NOT LISTED FOR SALE

504 Ricks Dr Winston Salem, NC 27103

Knollwood-Hanestown Neighborhood

Estimated Value: $253,000 - $284,000

2 Beds
1 Bath
1,032 Sq Ft
$261/Sq Ft Est. Value

Last Sold April 25, 2024

Last sale price $275,000 $266 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,600/month

32 Days on Market

About This Home

As of April 2024

This charming home located in Hanes Town off Stratford Rd is a must see!! Located just minutes from I40 and is in walking distance to the Hanes Town Shopping Center and several other restaurants and businesses. This home is zoned residential and business which is great for multiple purposes. Per Sellers, This beautiful home has been completely updated to todays modern comforts. Updates include all new light fixtures and lots of natural light which enhances the new LVP flooring throughout. New Stainless steel kitchen appliances, exotic quartz countertops, large tile shower in bathroom with all new fixtures. New sheetrock & paint throughout. All new electrical, plumbing, HVAC, water heater, windows & doors, Hardie board siding. New front porch, new deck. Brand new privacy fence & storage building. Brand new roof w/lifetime warranty. Per seller, previously rented to traveling nurses for $2100 per month. Sold As Is.

Last Listed By

Jon Bruner

The Real Estate Works License #228000 Listed on: 02/19/2024

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,162

Year Built

  • Built in 1910

Lot Details

  • 8,712

Additional Features

  • 1-Story Property
  • Property is zoned PB

Community Details

  • No Home Owners Association
  • 1,041 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 6815625718

Property Details

Property Type

Other

Est. Annual Taxes

$1,162

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Investment
  • Prop. Type: Commercial
  • Business Type: Investment, Professional/Office, Remarks
  • Co List Office Mls Id: WREW01
  • Co List Office Phone: 336-618-7200
  • Directions: Stratford Road Ricks Drive (See GPS)
  • Building Stories: 1
  • Year Built: 1910
  • TRIADMLS_CityLimitsYN: Yes
  • Special Features: VirtualTour
  • Stories: 1

Exterior Features

  • Lot Features: City Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6815625718
  • Zoning: PB
  • TRIADMLS_DeedPage: 535
  • TRIADMLS_DeedBook: 3726
  • TRIADMLS_AcresRange: -

Tax Info

  • Tax Map Number: 612850

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2024
Closed on
Apr 25, 2024
Sold by
Shore Ray C and Shore Robyn H
Bought by
Alexandrite Transformation Llc
Seller's Agent
Jon Bruner
The Real Estate Works
Buyer's Agent
Jeff Cunningham
United Realty Group Inc
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%
Total Days on Market
32
Views
8
Current Estimated Value
$269,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,612
Avg. Annual Appreciation
-2.04%
Original Mortgage
$55,000
Outstanding Balance
$54,477
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$214,911

Purchase Details

Listed on
Sep 27, 2022
Closed on
Oct 31, 2022
Sold by
Beck Ronald G and Beck Melissa C
Bought by
Shore Ray C and Shore Robyn H
Seller's Agent
Christian Courtney
The Baldwin Companies
Buyer's Agent
Janet Harmon
RE/MAX Realty Consultants
List Price
$120,000
Sold Price
$100,000
Premium/Discount to List
-$20,000
-16.67%
Views
59

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
98.08%
Original Mortgage
$95,000
Interest Rate
6.02%
Mortgage Type
Balloon

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
Alexandrite Transformation Llc $275,000 None Listed On Document
Shore Ray C $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexandrite Transformation Llc $55,000
Open Alexandrite Transformation Llc $233,750
Previous Owner Shore Robyn $145,575
Previous Owner Shore Ray C $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $275,000 0.0% $266 / Sq Ft
04/25/2024 04/25/24 Sold $275,000 -6.7% $306 / Sq Ft
03/23/2024 03/23/24 Pending -- -- --
03/23/2024 03/23/24 Pending -- -- --
03/18/2024 03/18/24 Price Changed $294,900 0.0% $286 / Sq Ft
03/18/2024 03/18/24 Price Changed $294,900 -1.7% $328 / Sq Ft
02/19/2024 02/19/24 For Sale $299,900 0.0% $291 / Sq Ft
02/15/2024 02/15/24 For Sale $299,900 +199.9% $333 / Sq Ft
10/31/2022 10/31/22 Sold $100,000 -15.6% $111 / Sq Ft
10/06/2022 10/06/22 Pending -- -- --
10/03/2022 10/03/22 Price Changed $118,500 -1.3% $132 / Sq Ft
09/27/2022 09/27/22 For Sale $120,000 -- $133 / 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
2023 $1,162 -- -- --
2022 $1,079 $82,100 $77,600 $4,500
2021 $1,059 $82,100 $77,600 $4,500
2020 $1,212 $87,800 $83,200 $4,600
2019 $1,221 $87,800 $83,200 $4,600
2018 $1,160 $87,800 $83,200 $4,600
2016 $1,088 $82,722 $77,625 $5,097
2015 $1,072 $82,722 $77,625 $5,097
2014 $1,039 $82,722 $77,625 $5,097
Source: Public Records

Agents Affiliated with this Home

  • Jon Bruner

    Seller's Agent in 2024

    Jon Bruner

    The Real Estate Works

    (336) 682-0787

    2 in this area

    40 Total Sales

    Jon Bruner
    Section Image

  • R

    Seller Co-Listing Agent in 2024

    Ralph Harding

    The Real Estate Works

    (336) 682-0787

    2 in this area

    40 Total Sales

    Ralph Harding
    Section Image

  • J

    Buyer's Agent in 2024

    Jeff Cunningham

    United Realty Group Inc

    (336) 509-9887

    2 in this area

    61 Total Sales

    Jeff Cunningham
    Section Image
  • Christian Courtney

    Seller's Agent in 2022

    Christian Courtney

    The Baldwin Companies

    (336) 671-2437

    1 in this area

    42 Total Sales

    Christian Courtney
    Section Image
  • Mike Gatton

    Seller Co-Listing Agent in 2022

    Mike Gatton

    The Baldwin Companies

    (704) 902-3636

    1 in this area

    2 Total Sales

    Mike Gatton
    Section Image
  • Janet Harmon

    Buyer's Agent in 2022

    Janet Harmon

    RE/MAX

    1 in this area

    24 Total Sales

    Janet Harmon
    Section Image
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Map

Source: Triad MLS

MLS Number: 1133280

Triad MLS

APN: 6815-62-5718

North Carolina Forsyth County Winston-Salem 27103 Knollwood-Hanestown

504 Ricks Dr, Winston-Salem, NC

Homes for Sale in Winston Salem, NC

This home is located at 504 Ricks Dr, Winston Salem, NC 27103 since 19 February 2024 and is currently estimated at $269,388, approximately $261 per square foot. This property was built in 1910. 504 Ricks Dr is a home located in Forsyth County with nearby schools including Wiley Magnet Middle School, Reynolds High School, and Redeemer School.

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