NOT LISTED FOR SALE

140 Oak Summit Rd Winston Salem, NC 27105

Stonewall/Salemtowne Neighborhood

Estimated Value: $236,000 - $273,262

3 Beds
2 Baths
1,900 Sq Ft
$135/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $245,000 $129 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,525/month

11 Days on Market

Highlights

  • Wood Flooring
  • Solid Surface Countertops
  • Porch
  • Hanes Middle Rated A-
  • No HOA
  • Outdoor Storage

About This Home

As of May 2023

Classic mid-century ranch on oversized lot, convenient to major shopping & highways. Lots of flexibility! HUGE bonus room can be a multi-use space for playroom, utility, laundry, crafts - whatever you need. Office off of primary bedroom could be a fabulous walk-in closet. Full unfinished basement offers opportunity to expand as well. Come see what this home has to offer.

Last Agent to Sell the Property

Jennifer Sapp

Allen Tate Winston Salem License #193089 Listed on: 04/05/2023

Allen Tate Winston Salem

Last Buyer's Agent

Dana McCormick-Nommsen

Coast 2 Coast Triad Home Team License #272982

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,506

Year Built

  • Built in 1957

Lot Details

  • 0.69 Acre Lot
  • Property is zoned RS12

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,791 Sq Ft Home
  • 1,600-1,900 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Dryer Hookup
  • Unfinished Basement

Kitchen

  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6828431880
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,506

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.69
  • Subdivision Name: None
  • Directions: University Parkway north to right on Oak Summit Rd. Home on right.
  • Above Grade Finished Sq Ft: 1791
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1957
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1600 - 1900
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Range, Electric Water Heater
  • Flooring: Tile, Wood
  • Interior Amenities: Solid Surface Counter
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1791
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Near Public Transit
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • 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: Central Air
  • Heating: Forced Air, Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6828431880
  • Zoning: RS12
  • TRIADMLS_PricePerAcre: 355072.4638
  • TRIADMLS_DeedPage: 3537
  • TRIADMLS_DeedBook: 3174
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1506
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 1.3138

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
May 12, 2023
Sold by
Winston Property Management Llc
Bought by
Secured Futures Pooled Special Needs Trust
Seller's Agent
Jennifer Sapp
Allen Tate Winston Salem
Buyer's Agent
Dana McCormick-Nommsen
Coast 2 Coast Triad Home Team
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Views
105
Current Estimated Value
$256,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,316
Avg. Annual Appreciation
1.29%

Purchase Details

Closed on
Jan 1, 2014
Sold by
Li Sjen and Liu Ning
Bought by
Winston Property Management Llc

Purchase Details

Closed on
Apr 3, 2012
Sold by
20 Waterfall Victoria Geneva House I Reo
Bought by
Li Sen

Purchase Details

Closed on
Sep 8, 2004
Sold by
Gist Rose M and Elkanani Rose M
Bought by
Gist Hiawatha D and Gist Rose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,325
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 1998
Sold by
Clark Rose M and Clark Rose M
Bought by
Elkanani Rose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,125
Interest Rate
6.39%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Secured Futures Pooled Special Needs Trust $245,000 None Listed On Document
Winston Property Management Llc -- None Available
Li Sen $45,000 None Available
Gist Hiawatha D -- --
Elkanani Rose M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Winston Property Management Llc $1,012,500
Previous Owner Gist Hiawatha D $117,325
Previous Owner Elkanani Rose Mary $107,000
Previous Owner Elkanani Rose Mary $24,300
Previous Owner Elkanani Rose Mary $15,125
Previous Owner Elkanani Rose M $74,000
Previous Owner Elkanani Rose Mary $70,711
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $245,000 -2.0% $153 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/05/2023 04/05/23 For Sale $250,000 +455.6% $156 / Sq Ft
06/26/2012 06/26/12 Sold $45,000 -18.0% $38 / Sq Ft
03/21/2012 03/21/12 Pending -- -- --
01/04/2012 01/04/12 For Sale $54,900 -- $46 / 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 $1,534 $114,600 $23,100 $91,500
2022 $1,506 $114,600 $23,100 $91,500
2021 $1,479 $114,600 $23,100 $91,500
2020 $1,206 $87,300 $16,500 $70,800
2019 $1,214 $87,300 $16,500 $70,800
2018 $1,153 $87,300 $16,500 $70,800
2016 $572 $43,521 $19,250 $24,271
2015 $564 $43,521 $19,250 $24,271
2014 $547 $43,521 $19,250 $24,271
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Sapp

    Seller's Agent in 2023

    Jennifer Sapp

    Allen Tate Winston Salem

    (336) 782-3148

    5 in this area

    124 Total Sales

    Section Image

  • D

    Buyer's Agent in 2023

    Dana McCormick-Nommsen

    Coast 2 Coast Triad Home Team

    (336) 793-7978

    2 in this area

    136 Total Sales

    Section Image
  • Alton Cooper

    Seller's Agent in 2012

    Alton Cooper

    Cooper Realty

    (336) 995-0623

    40 Total Sales

    Section Image
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Map

Source: Triad MLS

MLS Number: 1101742

Triad MLS

APN: 6828-43-1880

North Carolina Forsyth County Winston-Salem 27105 Stonewall/Salemtowne

140 Oak Summit Rd, Winston-Salem, NC

This home is located at 140 Oak Summit Rd, Winston Salem, NC 27105 since 05 April 2023 and is currently estimated at $256,316, approximately $134 per square foot. This property was built in 1957. 140 Oak Summit Rd is a home located in Forsyth County with nearby schools including North Hills Elementary School, Hanes Middle, and North Forsyth High.

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