NOT LISTED FOR SALE

112 Oak Summit Rd Winston Salem, NC 27105

Stonewall/Salemtowne Neighborhood

Estimated Value: $173,000 - $202,411

2 Beds
1.5 Baths
1,400 Sq Ft
$136/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $171,500 $122 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,184/month

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Siding
  • Hanes Middle Rated A-

About This Home

As of May 2023

Take a look at this charming brick home in a great location! This two bedroom one and a half bath home has great potential. Put your own touch on it by improving with some updates of your choice. There is a full unfinished basement that is great for storage. Plenty of parking room with an attached one car carport and also a detached two car carport with workshop. Enjoy the Spring weather in the beautiful back yard with ample space. Don't miss out on this one, schedule your showing today!

Last Agent to Sell the Property

Samantha Allen

Century 21 Towne & Country License #312306 Listed on: 04/29/2023

Century 21 Towne & Country

Last Buyer's Agent

Lucas Hutchins

Greenway Homes LLC License #287070

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,369

Year Built

  • Built in 1961

Lot Details

  • 0.47 Acre Lot
  • Property is zoned RS12

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,296 Sq Ft Home
  • 1,100-1,400 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1.5 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6828333677
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,369

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.47
  • Subdivision Name: None
  • Directions: From Wake Forest University take University Parkway North for approx. 2.6 miles. Turn right on Oak Summit Rd. In 420 ft home will be on your right. 112 Oak Summit Rd
  • Above Grade Finished Sq Ft: 1296
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1961
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1296
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Brick, Wood Siding
  • TRIADMLS_PoolYN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Oil
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Oil
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6828333677
  • Zoning: RS12
  • TRIADMLS_PricePerAcre: 364893.617
  • TRIADMLS_DeedPage: 171
  • TRIADMLS_DeedBook: 917
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1369
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 1.3138

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2023
Closed on
May 31, 2023
Sold by
Renegar Erefele V
Bought by
Lease Clinton Burr
Seller's Agent
Samantha Allen
Century 21 Towne & Country
Buyer's Agent
Lucas Hutchins
Greenway Homes LLC
List Price
$160,000
Sold Price
$171,500
Premium/Discount to List
$11,500
7.19%
Total Days on Market
0
Views
166
Current Estimated Value
$190,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,353
Avg. Annual Appreciation
5.44%
Original Mortgage
$71,000
Outstanding Balance
$64,893
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$125,960
Source: Public Records

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Range of Values:

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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
Lease Clinton Burr $171,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lease Clinton Burr $71,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $171,500 +7.2% $156 / Sq Ft
04/30/2023 04/30/23 Pending -- -- --
04/29/2023 04/29/23 For Sale $160,000 -- $145 / 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 $1,348 $100,700 $21,000 $79,700
2022 $1,323 $100,700 $21,000 $79,700
2021 $1,299 $100,700 $21,000 $79,700
2020 $1,121 $81,200 $15,000 $66,200
2019 $1,129 $81,200 $15,000 $66,200
2018 $1,073 $81,200 $15,000 $66,200
2016 $1,050 $79,784 $17,500 $62,284
2015 $1,034 $79,784 $17,500 $62,284
2014 $1,003 $79,784 $17,500 $62,284
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Samantha Allen

    Century 21 Towne & Country

    (704) 798-0632

    1 in this area

    67 Total Sales

    Samantha Allen
    Section Image

  • L

    Buyer's Agent in 2023

    Lucas Hutchins

    Greenway Homes LLC

    (336) 706-5098

    3 in this area

    123 Total Sales

    Lucas Hutchins
    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 1104218

Triad MLS

APN: 6828-33-3677

North Carolina Forsyth County Winston-Salem 27105 Stonewall/Salemtowne

112 Oak Summit Rd, Winston-Salem, NC

This home is located at 112 Oak Summit Rd, Winston Salem, NC 27105 since 29 April 2023 and is currently estimated at $190,853, approximately $136 per square foot. This property was built in 1961. 112 Oak Summit Rd is a home located in Forsyth County with nearby schools including Hanes Middle, North Forsyth High, and Forsyth Academies.

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