NOT LISTED FOR SALE

148 Teakwood Dr Winston Salem, NC 27127

Estimated Value: $371,000 - $401,000

3 Beds
2.5 Baths
2,508 Sq Ft
$153/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $177,000 $71 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,216/month

104 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Outdoor Storage
  • Wood Flooring
  • Porch
  • Central Air

About This Home

As of August 2012

MOTIVATED SELLERS, BRING ALL OFFERS!!Stately 2 story traditional in an AWESOME N. Davidson location! Large fml LR w/cozy FP. Sep den. HW flrs in a sunny open eat-in kit w/all appliances & plenty of counter space. HUGE mstr suite features a large walk-in closet, jetted tub, & sep shwr. Gracious 2nd & 3rd BRs w/walk-in closets. Home off w/custom built-ins. Full bsmt w/lrg playroom. Screened porch overlooks a large lvl fncd bkyd with playhouse that backs up to woods for addl privacy. 100% USDA FINANCING!!

Last Agent to Sell the Property

Jon Bruner

The Real Estate Works License #228000 Listed on: 03/29/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,185

Year Built

  • Built in 1988

Lot Details

  • 0.58 Acre Lot
  • Fenced
  • Level Lot
  • Property is zoned RA-3

Parking

  • 2 Car Garage
  • Basement Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Masonite

Interior Spaces

  • 2,508 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room with Fireplace
  • Pull Down Stairs to Attic
  • Storm Doors
  • Dishwasher
  • Dryer Hookup
  • Finished Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • North Davidson Middle School
  • North Davidson High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Thorncliffe Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 03004A0000009000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,185

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.58
  • Subdivision Name: Thorncliffe
  • Directions: 52 South to the Hickory Tree Road exit right; Left on Mendenhall; Left on Widaustin; Left on Teakwood; Home on the right.
  • Above Grade Finished Sq Ft: 2508
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Year Built: 1988
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 380
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2508
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Dishwasher, Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Pantry, Separate Shower
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 380
  • Door Features: Storm Door(s)
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2508
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Garden
  • Fencing: Fenced
  • Lot Features: Level
  • Construction Type: Masonite, See Remarks
  • Other Structures: Storage

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Storm Doors

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Friedberg
  • High School: North Davidson
  • Middle Or Junior School: North Davidson

Lot Info

  • Parcel #: 03004A0000009000
  • Zoning: RA-3
  • TRIADMLS_DeedPage: 516
  • TRIADMLS_DeedBook: 1797

Tax Info

  • Tax Annual Amount: 1185.31
  • Tax Block: 000
  • Tax Lot: 9
  • Tax Map Number: 04a
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 0.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2012
Closed on
Aug 8, 2012
Sold by
Schneider William J and Schneider Elaine M
Bought by
King Franklin W and King Crystal T
Seller's Agent
Jon Bruner
The Real Estate Works
List Price
$184,900
Sold Price
$177,000
Premium/Discount to List
-$7,900
-4.27%
Current Estimated Value
$383,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,110
Avg. Annual Appreciation
6.04%
Original Mortgage
$161,896
Outstanding Balance
$113,666
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$265,628

Purchase Details

Closed on
Jun 26, 2007
Sold by
Hall Crate P and Hall Heather C
Bought by
Schneider William J and Schneider Elaine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,300
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2003
Sold by
Amsbaugh Michael B and Amsbaugh Stacey L
Bought by
Hall Crate D and Hall Heather C

Purchase Details

Closed on
May 1, 1998

Purchase Details

Closed on
Aug 1, 1988

Purchase Details

Closed on
Nov 1, 1987
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
King Franklin W $177,000 None Available
Schneider William J $194,000 Chicago Title Insurance Co
Hall Crate D $172,000 --
-- $145,000 --
-- $115,000 --
-- $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Franklin W $161,896
Previous Owner Schneider William J $184,300
Previous Owner Hall Crate D $40,000
Previous Owner Hall Crate D $34,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2012 08/31/12 Sold $177,000 -4.3% $71 / Sq Ft
07/12/2012 07/12/12 Pending -- -- --
03/29/2012 03/29/12 For Sale $184,900 -- $74 / 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 $1,551 $246,110 $0 $0
2023 $1,551 $246,110 $0 $0
2022 $1,503 $246,110 $0 $0
2021 $1,503 $246,110 $0 $0
2020 $1,085 $177,630 $0 $0
2019 $1,101 $177,630 $0 $0
2018 $1,101 $177,630 $0 $0
2017 $1,101 $177,630 $0 $0
2016 $1,101 $177,630 $0 $0
2015 $1,101 $177,630 $0 $0
2014 $1,308 $210,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 638505

Triad MLS

APN: 03-004-A-000-0009-0-0-0