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1160 Addison Avenue

1160 Addison Avenue, Winston Salem, NC 27101
Property in Slater Park
Sold Jul 03, 2014
$42,500
$27,000 by Allegacy Fcu
Mortgage Due Aug 01, 2029
Sold Apr 15, 2011
$24,000
Local assessors in Winston Salem, NC have categorized 1160 Addison Avenue as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 8,276 square feet. The linear feet between the front and back of the lot was measured at 1,560 ft and the front of the lot was measured at 670 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1160 Addison Avenue has a total of 864 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1160 Addison Avenue was last sold in Jul 3, 2014 for $42,500. According to our calculations, that's $49.19 per sqft. Prior to that sales transaction, the property was sold for $24,000 in Apr 5, 2011. Current property owners are expected to pay $535 in taxes per year. The property on 1160 Addison Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $40,700. To break that down further, the land itself was valued at $9,000. While improvements to the property were assessed at a total of $31,700. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Good
  • 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
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,560
  • Lot Size Frontage Feet: 670
  • Total Building Area: 864
  • Gross Building Area: 864
  • Building Area: 864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 864
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SLATER PARK
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO026 BL2458

Ownership

  • Current Owner : WRIGHT ALFRED R
  • Previous Owner : PLEMMONS IMO JEAN
  • Previous Owner 2: PLEMMONS RONALD
  • Owner Before Previous Owner: HOUSEHOLD REALTY CORPORATION

Neighborhood

  • School District Name: Forsyth County Schools
  • Census Tract: 001602

Zoning

  • Zoning: RS9

Geography

  • Assessors Map Reference: PM6836
  • Parcel: 6836-90-9458.000
  • Block: 2458
  • Lot: 26
  • Municipality: WINSTON-SALEM
  • Latitude: 36.1083
  • Longitude: -80.2188

    Address

  • Full Address: 1160 Addison Ave
  • Address - House Number: 1160
  • Address - Street Name: Addison
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Winston Salem
  • Carrier Code: C022
  • 4-Digit Zip Code: 1811
  • Zip Code: 27101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $535

    Appraisal Valuation

  • Standard Deviation: 0.259
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 63
  • Final Value: 95,217
  • High Value: 119,887
  • Low Value: 70,547

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $27,000
  • First Open Lien Mortgage Lender: ALLEGACY FCU
  • First Open Lien Mortgage Recording Date: Jul 03, 2014
  • First Open Lien Mortgage Loan Amount: $27,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2029

    Market Valuation

  • Market Total Value: $40,700
  • Market Land Value: $9,000
  • Market Improvement Value: $31,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,700
  • Assessed Land Value: $9,000
  • Assessed Improvements Value: $31,700

    Sales

  • Current Sale Contract Date: Jul 03, 2014
  • Current Sale Recording Date: Jul 03, 2014
  • Current Sale Transaction ID: 1115818912
  • Current Sale Price: $42,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 15, 2011
  • Previous Sale Contract Date: Apr 05, 2011
  • Previous Sale Amount: $24,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALLEGACY FCU
  • First Mortgage Transaction Date: Jul 03, 2014
  • First Mortgage Loan Amount: $27,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2029

About Slater Park



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Frequently Asked Questions

What neighborhood is 1160 Addison Avenue located in?
The 1160 Addison Avenue is a located in the neighborhood of Slater Park in Slater Park, Winston Salem.
What is the average sales price for listings in 1160 Addison Avenue?
The average sales price for units in 1160 Addison Avenue is $0 currently.

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