224 Green St Kernersville, NC 27284

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3 beds · 1 bath · 1,040 sq ft · Lot Size: 14,810 sq ft · Single Family Home
Est. Property Value: $130,528

High Demand Long-Term RentalValued below Market MedianLarge Lot AdvantageGood value per sqftOwned for 25 - 50 YearsOwner Age 65 - 75

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224 Green St is in the 27284 neighborhood of Kernersville, NC. It is located in Forsyth County and ZIP code 27284. This Single Family Home was built in 1958 and is approximately 67 years old. The single family home spans 1040 sq ft with 3 bedrooms and 1 bathroom and sits on a 14810 sq ft lot. According to public records, it was last sold in 1989 for $18,000 and has a tax-assessed value of $59,000, which is $126 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 224 Green St Kernersville, NC 27284 with Property Intel by Whitepages.

Investment Potential for 224 Green St

The property has a current estimated value of $130,528, which is 54% below the zip median, based on public records. It last sold on March 30, 1989 for $18K. Projected long-term
is $21,000 annually ($1,750 per month) with a 93% occupancy rate.

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Long-Term

Gross Rental
$21,000 per year($1,750 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
93%in 27284 zip code
 
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Owners & Occupancy for 224 Green St

This property is owned by Phyllis A Landreth. Owner contact information includes 4 phone numbers and 3 email addresses.

Property Owners

Cell Phone(336) ***-****View Cell Phone
Residence****************
Landline(336) 993-2796
Distance from Property**********
Email Address**************@yahoo.comView Email
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Property Ownership Information

Purchase DateMarch 30, 1989
Property Tax Amount$821 in 2022
Purchase Price$18,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1****************** age 73

Property Details for 224 Green St

Property Details

Property Sq Ft

Living Area

1,040 sq ft

38% below market

Lot Size

14,810 sq ft

31% below market

Price Per Sq Ft

Living Area

$126 / sq ft

25% below market

Lot Size Area

$9 / sq ft

32% below market

Property condition, age, exterior, etc. for 224 Green …
Longitude: -80.064184 Latitude: 36.123128 Parcel Number (APN): 6886-55-7400…

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Discover more single family homes near 224 Green St in Kernersville, North Carolina. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 224 Green St in Forsyth County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$130,528
$257,944
-$127,416 (-49%)
$******
$368,113
-$192,484 (-52%)
YoY Price Change
****%
2.32%
-5%
Year Built
1958
1990
-32 years
Living Space
1,040 sq ft
1,590 sq ft
-550 (-35%)
$ Per Living Sq Ft
$126
$158
-$33 (-21%)
Lot Size
14,810 sq ft
20,473 sq ft
-5663 (-28%)
$ Per Lot Sq Ft
$9
$12
-$3 (-26%)

Net Operating Income
$*****
$18,197
-$1,790 (-10%)
Annual Revenue
$21,000
$25,200
-$4,200 (-17%)
$****
$6,673
-$2,080 (-31%)
Net Operating Income
$*****
$18,197
-$1,790 (-10%)
Cap Rate
****%
6.84%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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