NOT LISTED FOR SALE

1501 Heather Trace Ln Winston Salem, NC 27127

Estimated Value: $238,844 - $280,000

3 Beds
2 Baths
1,300 Sq Ft
$198/Sq Ft Est. Value

Last Sold August 22, 2018

Last sale price $110,250 $85 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $1,544/month

54 Days on Market

Highlights

  • Attic
  • 2 Car Attached Garage
  • Carpet
  • Corner Lot
  • Forced Air Heating and Cooling System

About This Home

As of August 2018

This property is under Auction Terms. See Agent Only. Cute ranch style on nice, level, corner lot, rear patio. 2-car attached garage. Large living room with fireplace, large eat-in kitchen, 3 bedrooms, 2 full baths. Convenient area with easy access to major highways. Sold AS IS. Proof of Funds Required with Offer. Seller Addendums will be required.

Last Agent to Sell the Property

James Williamson

Leonard Ryden Burr Real Estate License #135574 Listed on: 06/07/2018

Last Buyer's Agent

Cristina Ordonez

Howard Hanna Allen Tate High Point License #297786

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,563

Year Built

  • Built in 2005

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 26 x 54 x 152 x 105 x 28
  • Corner Lot
  • Level Lot
  • Property is zoned RS9

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,186 Sq Ft Home
  • 1,000-1,300 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Dryer Hookup
  • Attic

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Heather Trace Subdivision

Listing and Financial Details

  • Legal Lot and Block 001 / 3865C
  • Assessor Parcel Number 6822496604
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,563

Year Built

Built in 2005

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Lot Size: 26 x 54 x 152 x 105 x 28
  • Subdivision Name: Heather Trace
  • Directions: NC 150 W / Peters Creek Parkway, right Stafford Village Blvd, left Old Salisbury, left Meghan Elizabeth Lane, right Tortoise Lane, left Heather Trace, property on corner
  • Above Grade Finished Sq Ft: 1186
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 2005
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1300
  • TRIADMLS_PorchYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: Auction

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Laminate, Vinyl
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1186
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Lot Features: Corner Lot, Level
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 45
  • Association Fee Frequency: Quarterly
  • Association: Yes

Lot Info

  • Parcel #: 6822496604
  • Zoning: RS9
  • TRIADMLS_PricePerAcre: 457916.6667
  • TRIADMLS_PlatPage: 29
  • TRIADMLS_DeedPage: 304
  • TRIADMLS_DeedBook: 2647
  • TRIADMLS_PlatBook: 46
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1563
  • Tax Block: 3865C
  • Tax Lot: 001
  • Tax Map Number: 624826
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.3209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2018
Closed on
Aug 3, 2018
Sold by
Deutsche Bank National Trust Co
Bought by
Ordonez Cristina
Seller's Agent
James Williamson
Leonard Ryden Burr Real Estate
Buyer's Agent
Cristina Ordonez
Howard Hanna Allen Tate High Point
List Price
$114,900
Sold Price
$110,250
Premium/Discount to List
-$4,650
-4.05%
Current Estimated Value
$257,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,461
Avg. Annual Appreciation
12.63%

Purchase Details

Closed on
Apr 11, 2018
Sold by
Cokley Royzetta L and Cokley Gregory
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Abs Capital I Inc Trust 2

Purchase Details

Closed on
Mar 20, 2006
Sold by
Mulvaney Homes Inc
Bought by
Cokley Gregory L and Cokley Royzetta L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,040
Interest Rate
7.79%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Ordonez Cristina $110,500 None Available
Deutsche Bank National Trust Co $111,082 None Available
Cokley Gregory L $128,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cokley Gregory L $102,040
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2018 08/22/18 Sold $110,250 -4.0% $110 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $114,900 -- $115 / 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 $1,957 $146,200 $38,000 $108,200
2023 $1,957 $146,200 $38,000 $108,200
2022 $1,921 $146,200 $38,000 $108,200
2021 $1,886 $146,200 $38,000 $108,200
2020 $1,634 $118,300 $27,000 $91,300
2019 $1,645 $118,300 $27,000 $91,300
2018 $1,563 $118,300 $27,000 $91,300
2016 $1,549 $117,709 $24,000 $93,709
2015 $1,525 $117,709 $24,000 $93,709
2014 $1,479 $117,709 $24,000 $93,709
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 890703

Triad MLS

APN: 6822-49-6604