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7146 Mantlewood Ln
Kernersville, NC

7146 Mantlewood Ln

322K
3 bd • 2 ba • 1,949 sf

This analysis was generated by artificial intelligence on 2/27/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$322,200

Price/Sq.Ft

$165

Year Built

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Price per Square Foot: At $165.32 per square foot, the property is competitively priced compared to other homes in Kernersville, offering potential value for buyers. • Sizeable Living Space: With 1,949 square feet, the house offers ample living space for families or individuals seeking room to spread out. • Three Bedrooms and Two Bathrooms: The property's layout is suitable for families or those who desire extra space for guests or home offices. • Rental Income Potential: The median rental rates for a 3-bedroom property in Kernersville ($1,350 per month) indicate a strong rental market, making it an attractive option for investors. • Location: Kernersville is a desirable location with a median income of $69,499, suggesting a stable and thriving community.

The Bad

• Unknown Year Built: Without knowing the age of the property, it's difficult to assess the condition of the structure, systems, and potential for necessary repairs or updates. Older homes may have outdated wiring, plumbing, or roofing that require immediate attention. • Lack of Detailed Property Information: The absence of property features, descriptions, and room details makes it challenging to evaluate the property's suitability and potential value. This lack of transparency may deter some buyers. • Potential for Unexpected Costs: Without knowing the property's condition and features, buyers may encounter unexpected expenses for repairs, upgrades, or modifications to meet their needs and preferences. • Market Uncertainty: The real estate market in Kernersville may fluctuate, which could impact the property's value and investment potential. Monitoring market trends is essential.

The Ugly

• Potential for Significant Repairs: Without knowing the year built or condition of the property, there is a risk of encountering costly repairs or replacements, such as roofing, HVAC, plumbing, or electrical systems. • Market Risks: Economic downturns, changes in interest rates, or local market conditions could negatively impact the property's value and investment potential. • Insurance Costs: Due to the potential for natural disasters like hurricanes and tornadoes, insurance costs in Kernersville may be higher than in other areas, impacting the overall cost of ownership. • Zoning Restrictions: Potential buyers need to investigate local zoning laws and regulations, which may restrict certain renovations, additions, or uses of the property.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Families seeking a home in a suburban setting with access to good schools. • Buyers looking for a property with potential for customization and upgrades. • Individuals who appreciate a larger lot size for outdoor activities and privacy. • Investors interested in rental properties, given the median rental rates in Kernersville. • Those looking for a property in a community with a stable median income.

Not For

• Buyers seeking a modern, move-in-ready home without the need for renovations. • Individuals who prefer a smaller lot size with minimal yard maintenance. • Those who require detailed property information upfront, as the listing lacks specifics. • Buyers with a strict budget, considering potential maintenance and upgrade costs. • Those who prefer newer construction with known build year and modern amenities.
Demographics
Area Median Income

$69,499

Property History

Price History
Ownership Timeline
$172,500Cash Purchase
Feb 14, 2014
Della PageTrevor Allen Brindle
Warranty Deed
Standard Sale (Purchase/Resales)
$74,000Cash Purchase
Oct 9, 2012
Shapiro LngleHsbc Mortgage Services Inc
Trustees Deed
Foreclosure
$143,000Financed
Jan 24, 2003
James K Irvin, Trust Agreement #7146William W Williams, Gloria P Williams
Warranty Deed
Standard Sale (Purchase/Resales)
$0Cash Purchase
Jul 18, 2001
David E Stump, Joyce M StumpJames K Irvin, Trust #7146
Re-Recorded Document
Non-Arm's Length Transactions
$124,000Financed
Sep 25, 1999
Andler Alan , Susan M AndlerDavid E Stump, Joyce M Stump
Warranty Deed
Standard Sale (Purchase/Resales)

Market Insights

Real-time analysis of the local housing market

January 2025
Seller's Market

This is currently a competitive market for buyers in 27284. Homes are selling quickly and often above asking price, so be prepared to act fast and make strong offers.

$330,053
$172/sqft
0.0%
Change from last month
Your price: $322K (-2%)
Your price/sqft: $165/sqft (-4%)
247
52 sold last month
7.8%
Change from last month
60 days
Average for homes in this area
169.6%
Change from last month

Sale Price Distribution

Last month
7
Over Asking
homes
13
At Asking
homes
32
Under Asking
homes
Total: 52 homes sold

If you're buying a home in 27284, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.

Sale Time Distribution

Last month
27
Under 30 Days
homes
Your property
10
30-90 Days
homes
15
Over 90 Days
homes
Total: 52 homes sold

Many homes in 27284 are selling fast, if you're buying plan to act quickly.

Risk Assessment

Risk Analysis

• Unknown Year Built: This creates uncertainty about the property's condition, potential maintenance needs, and compliance with current building codes. • Lack of Property Features and Description: The absence of detailed information makes it difficult to assess the property's appeal and potential value. • Potential for Hidden Maintenance Costs: Without a property description, potential buyers must budget for unexpected repairs or upgrades. • Market Volatility: Changes in the local real estate market could impact the property's value and investment potential. • Environmental Risks: Kernersville is susceptible to natural disasters, so assessing and mitigating these risks is essential.

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Schools

Kernersville Middle

Public•Grades 6-8
7/10
Middle
656 students

Piney Grove Elementary

Public•Grades PK-5
6/10
Elementary
619 students

East Forsyth High

Public•Grades 9-12
4/10
High
1,785 students

Financials

Monthly Costs
Market Rent (3 bed)

$1,350

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$322,200
Price/sqft
$165
Layout
3 bd•2 ba

Stats in the Area

Based on 4 comparable properties nearby

Average Price

$330,500

2.5%

Your price is 2.5% below average

Median Price

$332,000

3.0%

Based on 4 recent sales

Price per Sq.Ft

$155

6.7%

Your price is 6.7% above average $/sqft

Comparable Properties

1741 Round Hill Circle, Kernersville, NC 27284
Price: $305,000
Sq.Ft: 1,855
Beds/Baths: 3/2
$/Sq.Ft:
$1640.5%
Sale Date: 9/26/2024
7016 Abington Court, Kernersville, NC 27284
Price: $332,000
Sq.Ft: 2,324
Beds/Baths: 3/2
$/Sq.Ft:
$14313.6%
Sale Date: 10/17/2024
7157 Avenbury Circle, Kernersville, NC 27284
Price: $380,000
Sq.Ft: 2,186
Beds/Baths: 4/3
$/Sq.Ft:
$1745.2%
Sale Date: 12/27/2024
1492 Kerner Road, Kernersville, NC 27284
Price: $305,000
Sq.Ft: 2,198
Beds/Baths: 3/3
$/Sq.Ft:
$13916.1%
Sale Date: 9/20/2024

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