NOT LISTED FOR SALE

1040 Gales Ave Winston Salem, NC 27103

Ardmore Neighborhood

Estimated Value: $304,789 - $347,000

3 Beds
2 Baths
1,700 Sq Ft
$188/Sq Ft Est. Value

Last Sold June 21, 2018

Last sale price $187,000 $110 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,936/month

1 Day on Market

Highlights

  • Attic
  • Porch
  • Kitchen Island
  • No HOA
  • Tile Flooring
  • Outdoor Storage

About This Home

As of June 2018

Completely remodeled and move in ready! This home features new windows, roof, flooring, custom kitchen cabinets, stainless steel appliances, granite countertops/backsplash, and the ac unit was installed in 2017. The bathrooms have been completely updated as well. Great deck for grilling and entertaining that overlooks the large private backyard. This is a Must See!

Last Agent to Sell the Property

Joe Eaton

One Source NC Realty License #299881 Listed on: 05/16/2018

Last Buyer's Agent

Blake Ginther

Keller Williams Realty Elite License #268304

Keller Williams Realty Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,637

Year Built

  • Built in 1971

Lot Details

  • 0.36 Acre Lot
  • Property is zoned RS9

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,575 Sq Ft Home
  • 1,400-1,700 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Dining Room with Fireplace
  • Dryer Hookup
  • Attic

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Platan Hills Subdivision

Listing and Financial Details

  • Tax Lot 0010
  • Assessor Parcel Number 682469137000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,637

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.36
  • Subdivision Name: Platan Hills
  • Directions: I-40 business to Exit 5A for Peter's Creek Parkway West, Turn Right onto Academy, Turn Left onto Gales, Home is on the right about 1/2 Mile down.
  • Above Grade Finished Sq Ft: 1575
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1971
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1400 - 1700
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Exhaust Fan, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Laminate, Tile
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Kitchen Island
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Dining Room
  • Fireplaces: 1
  • Living Area: 1575
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None, Privacy
  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Heat Pump
  • Heating: Fireplace(s), Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 682469137000
  • Zoning: RS9
  • TRIADMLS_PricePerAcre: 485833.3333
  • TRIADMLS_PlatPage: 174
  • TRIADMLS_DeedPage: 4070
  • TRIADMLS_DeedBook: 3394
  • TRIADMLS_PlatBook: 23
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1636.6
  • Tax Lot: 0010
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.3209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2018
Closed on
Jun 20, 2018
Sold by
North 52 Investments Group Llc
Bought by
Fetter Alexander Warren
Seller's Agent
Joe Eaton
One Source NC Realty
Buyer's Agent
Blake Ginther
Keller Williams Realty Elite
List Price
$174,900
Sold Price
$187,000
Premium/Discount to List
$12,100
6.92%
Current Estimated Value
$314,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,927
Avg. Annual Appreciation
7.66%
Original Mortgage
$181,390
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 16, 2018
Closed on
Mar 13, 2018
Sold by
Secretary Of Veterans Affairs
Bought by
North 52 Investment Group Llc
Seller's Agent
Furman Burt
Realty Executives W/S
Buyer's Agent
Joe Eaton
One Source NC Realty
List Price
$93,950
Sold Price
$96,100
Premium/Discount to List
$2,150
2.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1077.09%

Purchase Details

Listed on
Feb 16, 2018
Closed on
Jan 17, 2018
Sold by
Wilson Paul Richard
Bought by
Quicken Loans Inc
Seller's Agent
Furman Burt
Realty Executives W/S
Buyer's Agent
Joe Eaton
One Source NC Realty
List Price
$93,950
Sold Price
$96,100
Premium/Discount to List
$2,150
2.29%

Purchase Details

Closed on
Feb 20, 1981
Bought by
Wilson
Source: Public Records

Range of Values:

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Average Value
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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
Fetter Alexander Warren $187,000 None Available
North 52 Investment Group Llc -- None Available
Quicken Loans Inc $110,946 None Available
Wilson -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Fetter Alexander Warren $181,390
Previous Owner Wilson Paul Richard $124,200
Previous Owner Wilson Paul Richard $103,850
Previous Owner Wilson Paul Richard $102,600
Previous Owner Wilson Paul Richard $75,000
Previous Owner Wilson Paul R $83,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2018 06/21/18 Sold $187,000 +6.9% $134 / Sq Ft
05/17/2018 05/17/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $174,900 +82.0% $125 / Sq Ft
03/15/2018 03/15/18 Sold $96,100 +2.3% $80 / Sq Ft
02/23/2018 02/23/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $93,950 -- $78 / 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 $2,545 $190,100 $35,400 $154,700
2022 $2,498 $190,100 $35,400 $154,700
2021 $2,467 $191,200 $35,400 $155,800
2020 $2,106 $152,500 $30,500 $122,000
2019 $2,121 $152,500 $30,500 $122,000
2018 $1,637 $123,900 $30,500 $93,400
2016 $1,500 $114,020 $40,698 $73,322
2015 $1,477 $114,020 $40,698 $73,322
2014 $1,433 $114,020 $40,698 $73,322
Source: Public Records

Agents Affiliated with this Home

  • Furman Burt

    Seller's Agent in 2018

    Furman Burt

    Realty Executives W/S

    (336) 918-0113

    60 Total Sales

    Section Image

  • J

    Seller's Agent in 2018

    Joe Eaton

    One Source NC Realty

    (336) 930-3202

    8 Total Sales

    Section Image

  • K

    Seller Co-Listing Agent in 2018

    Kathe Crews

    United Country Real Estate Broker Associates

    (336) 749-1640

    Section Image
  • Blake Ginther

    Buyer's Agent in 2018

    Blake Ginther

    Keller Williams Realty Elite

    (336) 283-8689

    32 in this area

    625 Total Sales

    Section Image
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Map

Source: Triad MLS

MLS Number: 887121

Triad MLS

APN: 6824-69-1370

North Carolina Forsyth County Winston-Salem 27103 Ardmore

1040 Gales Ave, Winston-Salem, NC

This home is located at 1040 Gales Ave, Winston Salem, NC 27103 since 16 May 2018 and is currently estimated at $319,697, approximately $188 per square foot. This property was built in 1971. 1040 Gales Ave is a home located in Forsyth County with nearby schools including Bolton Elementary School, Flat Rock Middle, and Reynolds High School.

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