Check Availability

2201 Freeman Street

2201 Freeman Street, Winston Salem, NC 27127
Property in Washington Park
Sold Mar 29, 2022
$252,500
Buyer
$139,165 by Movement Mortgage Llc
Mortgage Due Apr 01, 2052
Sold Nov 12, 2021
$50,000
2201 Freeman Street has been categorized by the local assessors in Winston Salem, NC as a residential type of property. The building on the property was first built in 1935 and is 89 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2201 Freeman Street has 897 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 15,246 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C- by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Mar 9, 2022 for $252,500. That's $281.49 per sqft. Prior to that sales transaction, the property was also sold in Oct 11, 2021 for $50,000. 2201 Freeman Street was last assessed in 2021. The total value of the property was assessed at $46,800. Specifically, the land the property is located on was valued at $25,200. While improvements on the property were assessed at a total of $21,600. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $604. The initial tax year of delinquency was in 2020. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Condition

New Construction

Parking

Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 36
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,246
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 897
  • Building Area: 897
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 897
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CENTRAL TERRACE
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO002S BL0708A

Ownership

  • Current Owner : WEST JULI
  • Previous Owner : ARDEN GROUP LLC
  • Owner Before Previous Owner: PMA I HOLDINGS LLC
  • Vacant Flag Date: May 24, 2022

Neighborhood

  • School District Name: Forsyth County Schools
  • Census Tract: 001902

Zoning

  • Zoning: RS7

Geography

  • Assessors Map Reference: PM6834
  • Parcel: 6834-16-5549.00
  • Block: 708A
  • Lot: 2S
  • Municipality: WINSTON-SALEM
  • Latitude: 36.0697
  • Longitude: -80.2467

    Address

  • Full Address: 2201 Freeman St
  • Address - House Number: 2201
  • Address - Street Name: Freeman
  • Address - Suffix Type: St
  • State: NC
  • City Name: Winston Salem
  • Carrier Code: C053
  • 4-Digit Zip Code: 2846
  • Zip Code: 27127

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $604
  • Intital Tax Deliquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.2076
  • Valuation Date: Jun 22, 2022
  • Confidence Score: 71
  • Final Value: 153,965
  • High Value: 185,928
  • Low Value: 122,001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $139,165
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 29, 2022
  • First Open Lien Mortgage Loan Amount: $139,165
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $46,800
  • Market Land Value: $25,200
  • Market Improvement Value: $21,600

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $46,800
  • Assessed Land Value: $25,200
  • Assessed Improvements Value: $21,600

    Sales

  • Current Sale Contract Date: Mar 09, 2022
  • Current Sale Recording Date: Mar 29, 2022
  • Current Sale Transaction ID: 11883640754
  • Current Sale Price: $252,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 15024
  • Previous Sale Recording Date: Nov 12, 2021
  • Previous Sale Contract Date: Oct 11, 2021
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 29, 2022
  • First Mortgage Loan Amount: $139,165
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: COGENT BANK
  • Previous Mortgage Transaction Date: Nov 12, 2021
  • Previous Mortgage Loan Type: Unknown (DEFAULT)

About Washington Park



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2201 Freeman Street located in?
The 2201 Freeman Street is a located in the neighborhood of Washington Park in Washington Park, Winston Salem.
What is the average sales price for listings in 2201 Freeman Street?
The average sales price for units in 2201 Freeman Street is $0 currently.

Quantcast