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2711 Sedgewick Street

2711 Sedgewick Street, Winston Salem, NC 27127
Property in Hootstown
Sold Jul 18, 2018
$72,000
$72,000 by State Employees Cu
Mortgage Due Aug 01, 2048
Sold Oct 03, 2017
$110,662
Local assessors in Winston Salem, NC have categorized 2711 Sedgewick Street as a residential type of property. The home was built in 1951 and is 73 years old. It was most recently renovated and altered in 1987. The property's lot size has been calculated to be 9,583 square feet. The linear feet between the front and back of the lot was measured at 1,600 ft and the front of the lot was measured at 610 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 6 rooms in the home. Of these, 4 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 2711 Sedgewick Street has a total of 1,324 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 average. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2711 Sedgewick Street sold most recently in Jul 12, 2018 for a total of $72,000. If you work out the math, that's approximately a cost of $54.38 per sqft. Before that, the property was also sold for $110,662 in Oct 3, 2017. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $545 in taxes each year. The initial year of tax delinquency occurred in 2016. 2711 Sedgewick Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $82,900. If we break it down further, the land itself was valued at $15,700. Improvements to the property, however, were assessed at a total of $67,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • 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
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 610
  • Total Building Area: 1,324
  • Gross Building Area: 1,324
  • Building Area: 1,324
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,324
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: EDGEWOOD
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO023 BL2298

Ownership

  • Current Owner : PARKS DANA C
  • Previous Owner : ROSSTJN RESOURCES ARIZONA LLC
  • Owner Before Previous Owner: CHIARELLO MARK J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Forsyth County Schools
  • Census Tract: 003701

Zoning

  • Zoning: RS9

Geography

  • Assessors Map Reference: PM6824
  • Account Number: 2298 023
  • Parcel: 6824-63-1937.000
  • Block: 2298
  • Lot: 23
  • Municipality: WINSTON-SALEM
  • Latitude: 36.0623
  • Longitude: -80.2649

    Address

  • Full Address: 2711 Sedgewick St
  • Address - House Number: 2711
  • Address - Street Name: Sedgewick
  • Address - Suffix Type: St
  • State: NC
  • City Name: Winston Salem
  • Carrier Code: C060
  • 4-Digit Zip Code: 5643
  • Zip Code: 27127

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $545
  • Intital Tax Deliquent Year: 2016
  • Tax Rate Code Area: WS

    Appraisal Valuation

  • Standard Deviation: 0.2513
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 64
  • Final Value: 167,513
  • High Value: 209,617
  • Low Value: 125,409

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $72,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: Jul 18, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $72,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2048

    Market Valuation

  • Market Total Value: $82,900
  • Market Land Value: $15,700
  • Market Improvement Value: $67,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $82,900
  • Assessed Land Value: $15,700
  • Assessed Improvements Value: $67,200

    Sales

  • Current Sale Contract Date: Jul 12, 2018
  • Current Sale Recording Date: Jul 18, 2018
  • Current Sale Transaction ID: 11482418885
  • Current Sale Price: $72,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 03, 2017
  • Previous Sale Contract Date: Oct 03, 2017
  • Previous Sale Amount: $110,662
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: Jul 18, 2018
  • First Mortgage Loan Amount: $72,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Hootstown



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Frequently Asked Questions

What neighborhood is 2711 Sedgewick Street located in?
The 2711 Sedgewick Street is a located in the neighborhood of Hootstown in Hootstown, Winston Salem.
What is the average sales price for listings in 2711 Sedgewick Street?
The average sales price for units in 2711 Sedgewick Street is $0 currently.

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