This expansive 13.7-acre property, conveniently located near I-74, sits in a vibrant and evolving market. Zoned RS30, the parcel offers public water access and dual street connections via Holly Ridge Rd and Berrywood Street, providing flexible options for development or investment. With proximity to a Walmart-anchored shopping center and positioned in an area experiencing substantial growth, this property is a prime opportunity to make a lasting impact in a high-demand location. Buyer is responsible for all due diligence regarding the property. Lot size is not guaranteed and should be verified independently by the buyer. GIS# 6829-83-5239.00 NCDOT# 232536 Please note, this is an online Auction. Buyers should be prepared for the bidding process. There is a Buyer Premium Payment due in addition to the purchase price. The Buyer Premium payment is non-refundable. This property is owned by NCDOT and they reserve the right to unilaterally back out of the sale at any time up until the deed has been recorded. The title will be transferred via QuitClaim Deed.
Property Details
Property Features
Listing Office:
Office Name: Carolina Land Experts
Office Phone: (919) 275-5868
Listing Agent: Reynolds Mcfarlane
Lot Features
Lot Information:
Lot: Irregular Lot, Sloped, Wooded, See Remarks
Lot Size: 13.70 Acres
Other
Directions Information:
Directions: From I-74 Take Germanton Rd south. Turn right onto Old Hollow Road. Turn right onto Phelps Dr. Turn right onto Holly Ridge Dr. Property is straight ahead at the end of Holly Ridge Dr.
Price Information
Listing Price Info
Price Summary:
List Price: $125,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Bethania Township, NC.
Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/18/2024, 7:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$691
Per Month
Principal & Interest
$624
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$441
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Gibson Elementary School
2020 Walker Rd
Distance between this listing and this school2.86 miles
Public District Grades PK-5
3
/10
Mineral Springs Elementary School
4527 Ogburn Ave
Distance between this listing and this school3.15 miles
Public Magnet Grades PK-5
3
/10
North Hills Elementary School
340 Alspaugh Dr
Distance between this listing and this school3.39 miles
Public District Grades PK-5
Nearby Schools
3
/10
Northwest Middle School
5501 Murray Rd
Distance between this listing and this school2.61 miles
Public District Grades 6-8
6
/10
Forsyth Academy
5426 Shattalon Dr
Distance between this listing and this school2.87 miles
Public Charter Grades KG-8
1
/10
Mineral Springs Middle School
4559 Ogburn Ave
Distance between this listing and this school3.23 miles
Public Magnet Grades 6-8
Nearby Schools
1
/10
North Forsyth High School
5705 Shattalon Dr
Distance between this listing and this school2.00 miles
Public Magnet Grades 9-12
6
/10
Quality Education Academy
5012D Lansing Dr
Distance between this listing and this school4.54 miles
Public Charter Grades KG-12
3
/10
Carver High School
3545 Carver School Rd
Distance between this listing and this school5.30 miles
The neighbors living near this home have an average income of $64,278. Residents of Bethania Township, NC typically earn between $35k-100k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 550 Holly Ridge Dr
What is the listing price of this property?
The listing price of 550 Holly Ridge Dr property is $125,000.
What type of property is this?
The property 550 Holly Ridge Dr is land located in Winston-Salem, North Carolina, 27105.
Is this property for sale now?
Active Listing: 550 Holly Ridge Dr is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 550 Holly Ridge Dr in Winston-Salem, NC and zip code 27105. This home sits on a 13.70 acre lot. It has been listed on Rocket Homes since November 07, 2024 and is currently priced at $125,000.
Over 2 listings were sold over their listed price in October 2024 in Bethania Township, NC. In the same period over 5 listings were sold below the listed price and 1 listings were sold for the listed price. Between September 2024 and October 2024, Bethania Township, NC real estate market has seen increase in the number of listings by 2.9%. In October 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $274,000.
From Rocket Homes Real Estate and based on county public records data.