NOT LISTED FOR SALE

1016 Somerset Dr Winston Salem, NC 27103

Salem Woods Neighborhood

Estimated Value: $315,000 - $442,000

4 Beds
2.5 Baths
2,700 Sq Ft
$146/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $375,000 $139 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,399/month

38 Days on Market

Highlights

  • Traditional Architecture
  • Engineered Wood Flooring
  • Attic
  • Clemmons Middle School Rated A-
  • Main Floor Primary Bedroom
  • Solid Surface Countertops

About This Home

As of June 2023

Beautiful like-new construction 4 bedroom home with fantastic layout and gorgeous finishes! Lovely open concept design w/9 ft ceilings, wood floors, and ample windows throughout. Formal dining room w/wainscoting leads to open living room-kitchen-breakfast area that is the heart of the home! Gorgeous stone gas fireplace, sunny eat-in dining area & stunning kitchen w/granite counters & stainless steel appliances. Spacious primary suite on main boasts ensuite bath w/double vanity & tile shower + walk-in closet. So much space to spread out upstairs including 3 bedrooms w/sizable closets, full bath and a bonus loft area. Main level laundry & 2-car garage provide added convenience. Relax or grill out on the rear patio overlooking the flat yard w/privacy fence. Conveniently located close to shopping, highways & minutes from all parts of W-S! Low maintenance, move-in ready & gorgeous inside and out! This home is a great find!

Last Agent to Sell the Property

Abby Atwell

Keller Williams Realty Elite License #276405 Listed on: 04/14/2023

Keller Williams Realty Elite

Last Buyer's Agent

Carol Burns

Compass Carolinas, LLC License #145386

Compass Carolinas, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,635

Year Built

  • Built in 2018

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 132 x 196 x 181
  • Fenced
  • Level Lot
  • Property is zoned RS9

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,484 Sq Ft Home
  • 2,200-2,700 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room with Fireplace
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Somerset Subdivision

Listing and Financial Details

  • Legal Lot and Block 204A / 4022
  • Assessor Parcel Number 6804303594
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,635

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.27
  • Lot Size: 132 x 196 x 181
  • Subdivision Name: Somerset
  • Directions: Jonestown Rd, to Somerset Drive
  • Above Grade Finished Sq Ft: 2484
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2018
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2200 - 2700
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Engineered, Tile
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry, Solid Surface Counter, Vaulted Ceiling(s)
  • Accessibility Features: Accessible Entrance
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 2484
  • Main Level Bathrooms: 2
  • Attic Description: Access Only, Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: Fenced, Privacy
  • Lot Features: Level
  • Pool Features: None
  • Exclusions: Ring Doorbell, Security Cameras, Smart Light Switches, Smart Thermostats, Garage Ceiling Racks
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Paved, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6804303594
  • Zoning: RS9
  • TRIADMLS_PricePerAcre: 1388888.8889
  • TRIADMLS_DeedPage: 2384
  • TRIADMLS_DeedBook: 3464
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 3635
  • Tax Block: 4022
  • Tax Lot: 204A
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 1.3138

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
Jun 21, 2023
Sold by
Burcher Kimberly M and Burcher James L
Bought by
Cortes Armando and Cortes Stephanie
Seller's Agent
Abby Atwell
Keller Williams Realty Elite
Buyer's Agent
Carol Burns
Compass Carolinas, LLC
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%
Views
179
Current Estimated Value
$383,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,703
Avg. Annual Appreciation
0.67%
Original Mortgage
$356,250
Outstanding Balance
$348,906
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$31,475

Purchase Details

Listed on
Nov 5, 2018
Closed on
Jun 4, 2019
Sold by
Shugart Enterprises Llc
Bought by
Burcher Kimberly Marie and Hunt James Laban
Buyer's Agent
Abby Atwell
Keller Williams Realty Elite
Sold Price
$272,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%
Original Mortgage
$272,445
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2018
Sold by
Westview Development Co
Bought by
Shugart Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cortes Armando $275,000 None Listed On Document
Burcher Kimberly Marie $272,500 None Available
Shugart Enterprises Llc $170,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortes Armando $356,250
Previous Owner Burcher Kimberly Marie $264,500
Previous Owner Burcher Kimberly Marie $272,445
Previous Owner Shugart Enterprises Llc $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $375,000 -2.6% $170 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
05/05/2023 05/05/23 Price Changed $385,000 -3.5% $175 / Sq Ft
04/14/2023 04/14/23 For Sale $399,000 +46.5% $181 / Sq Ft
06/16/2021 06/16/21 Off Market $272,445 -- --
06/07/2019 06/07/19 Sold $272,445 -- $136 / Sq Ft
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,704 $276,700 $57,000 $219,700
2022 $3,635 $276,700 $57,000 $219,700
2021 $3,570 $276,700 $57,000 $219,700
2020 $3,542 $256,500 $47,500 $209,000
2019 $3,463 $249,000 $47,500 $201,500
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Abby Atwell

    Keller Williams Realty Elite

    (336) 406-2315

    1 in this area

    149 Total Sales

    Section Image

  • C

    Buyer's Agent in 2023

    Carol Burns

    Compass Carolinas, LLC

    (704) 213-7518

    1 in this area

    4 Total Sales

    Section Image
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Map

Source: Triad MLS

MLS Number: 1101741

Triad MLS

APN: 6804-30-3594

North Carolina Forsyth County Winston-Salem 27103 Salem Woods

1016 Somerset Dr, Winston-Salem, NC

This home is located at 1016 Somerset Dr, Winston Salem, NC 27103 since 14 April 2023 and is currently estimated at $394,239, approximately $146 per square foot. This property was built in 2018. 1016 Somerset Dr is a home located in Forsyth County with nearby schools including Ward Elementary School, Clemmons Middle School, and West Forsyth High.

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