NOT LISTED FOR SALE

1177 Salem Lake Rd Winston Salem, NC 27107

Reynolda Forest/Salem Lake Neighborhood

Estimated Value: $183,000 - $283,000

3 Beds
2 Baths
2,100 Sq Ft
$114/Sq Ft Est. Value

Last Sold April 16, 2020

Last sale price $174,000 $83 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,451/month

42 Days on Market

Highlights

  • In Ground Pool
  • Attic
  • 2 Car Detached Garage
  • 1.43 Acre Lot
  • No HOA
  • Outdoor Storage

About This Home

As of April 2020

***BACK ON THE MARKET, NO FAULT OF THE SELLERS***
More than meets the eye with this jewel. Make this house your home, with updates throughout. Hardwood floors and a finished basement are only a couple of the things to look forward to with this home. With over an acre lot, the ideas are endless with entertaining and enjoying the pool during the summer. Don't wait to schedule your showing, call today!

Last Agent to Sell the Property

Nicole Smith-Elliott

Carolina Home Partners by eXp Realty License #267146 Listed on: 02/05/2020

Carolina Home Partners by eXp Realty

Last Buyer's Agent

Beverly Fisher

Terri Bias and Associates License #252538

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,498

Year Built

  • Built in 1954

Lot Details

  • 1.43 Acre Lot
  • Lot Dimensions are 279 x 223 x 278 x 224
  • Cleared Lot
  • Property is zoned RS9

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,985 Sq Ft Home
  • 1,700-2,100 Sq Ft Home
  • Property has 1 Level
  • Laminate Flooring
  • Dryer Hookup
  • Attic
  • Finished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • In Ground Pool
  • Outdoor Storage

Schools

  • East Forsyth Middle School
  • East Forsyth High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6845812921
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,498

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.43
  • Lot Size: 279 x 223 x 278 x 224
  • Subdivision Name: None
  • Directions: From Kernersville Rd travel west. Turn right on Reynolds Park Rd. Turn right on Salem Lake Rd. Property is on the right.
  • Above Grade Finished Sq Ft: 1985
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1954
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 800 - 1000
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1700 - 2100
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Laminate
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 917
  • Living Area: 1985
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Lot Features: Cleared
  • Pool Features: In Ground
  • Exclusions: Projector And Projector Screen Are Negotiable
  • Construction Type: Vinyl Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Oil
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Oil
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hall-Woodward
  • High School: East Forsyth
  • Middle Or Junior School: East Forsyth

Lot Info

  • Parcel #: 6845812921
  • Zoning: RS9
  • TRIADMLS_PricePerAcre: 121678.3217
  • TRIADMLS_DeedPage: 2342
  • TRIADMLS_DeedBook: 3217
  • TRIADMLS_AcresRange: 1 - 2

Tax Info

  • Tax Annual Amount: 1498
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 1.3909

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2020
Closed on
Apr 9, 2020
Sold by
Rodriguez Hugo O and Rodriguez Ramona Pagan
Bought by
Medina Luis A and Medina Becky Dominguez
Seller's Agent
Nicole Smith-Elliott
Carolina Home Partners by eXp Realty
Buyer's Agent
Beverly Fisher
Terri Bias and Associates
Sold Price
$174,000
Current Estimated Value
$239,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,025
Avg. Annual Appreciation
6.08%
Original Mortgage
$174,000
Outstanding Balance
$153,896
Interest Rate
3.2%
Mortgage Type
VA
Estimated Equity
$85,129

Purchase Details

Closed on
Feb 13, 2015
Sold by
Pagan Wilfredo and Pagan Beatriz
Bought by
Rodriguez Hugo D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,844
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 2005
Sold by
Carter Lorraine D
Bought by
Pagan Wilfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.59%
Mortgage Type
Fannie Mae Freddie Mac
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
Medina Luis A $174,000 None Available
Rodriguez Hugo D $119,000 None Available
Pagan Wilfredo $126,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medina Luis A $174,000
Previous Owner Rodriguez Hugo D $116,844
Previous Owner Pagan Wilfredo $115,608
Previous Owner Pagan Wilfredo $15,000
Previous Owner Pagan Wilfredo $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2020 04/16/20 Sold $174,000 -- $102 / 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
2024 $1,814 $135,500 $35,000 $100,500
2023 $1,814 $135,500 $35,000 $100,500
2022 $1,780 $135,500 $35,000 $100,500
2021 $1,748 $135,500 $35,000 $100,500
2020 $1,487 $107,700 $27,300 $80,400
2019 $1,498 $107,700 $27,300 $80,400
2018 $1,423 $107,700 $27,300 $80,400
2016 $1,365 $0 $0 $0
2015 $1,284 $99,124 $25,900 $73,224
2014 $1,245 $99,124 $25,900 $73,224
Source: Public Records

Agents Affiliated with this Home

  • Nicole Smith-Elliott

    Seller's Agent in 2020

    Nicole Smith-Elliott

    Carolina Home Partners by eXp Realty

    (336) 807-2651

    40 Total Sales

    Nicole Smith-Elliott
    Section Image

  • B

    Buyer's Agent in 2020

    Beverly Fisher

    Terri Bias and Associates

    (336) 655-1812

    128 Total Sales

    Beverly Fisher
    Section Image
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Map

Source: Triad MLS

MLS Number: 965502

Triad MLS

APN: 6845-81-2921

North Carolina Forsyth County Winston-Salem 27107 Reynolda Forest/Salem Lake

1177 Salem Lake Rd, Winston-Salem, NC

This home is located at 1177 Salem Lake Rd, Winston Salem, NC 27107 since 05 February 2020 and is currently estimated at $239,025, approximately $113 per square foot. This property was built in 1954. 1177 Salem Lake Rd is a home located in Forsyth County with nearby schools including Hall-Woodward Elementary School, Philo-Hill Magnet Academy, and East Forsyth High School.

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