NOT LISTED FOR SALE

1509 Heather Trace Ln Winston Salem, NC 27127

Estimated Value: $247,292 - $280,000

3 Beds
2 Baths
1,165 Sq Ft
$225/Sq Ft Est. Value

Last Sold July 06, 2012

Last sale price $77,000 $66 Per Sq Ft

Est. 240% increase in value since last sale

Current estimated payment $1,564/month

16 Days on Market

Highlights

  • 1 Fireplace
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of July 2012

FHA 381-787541 (IN) AS-IS without repairs or warranties.See HUDPemco or HUDHOMESTORE websites for Property Condition Report, environmental issues if any, online bidding, required contract and addenda. Registered HUD brokers only. All information is believed accurate, but should be verified by buyer. FHA borrowers may qualify for $100 down payment. FHA 203k renovation loan for qualified property and owner-occupant

Last Buyer's Agent

Roy Fulk

Piedmont Group Realty License #190583

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,495

Year Built

  • Built in 2005

Lot Details

  • 10,019 Sq Ft Lot
  • Property is zoned RS9

HOA Fees

  • $14 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,165 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

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

  • Assessor Parcel Number 6822496674
  • 1495% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,495

Year Built

Built in 2005

Lot Details

0

HOA Fees

$14 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Subdivision Name: Heather Trace
  • Directions: Turn right onto E Clemmonsville Rd. Turn left onto Old Salisbury Rd. Turn left onto Meghan Elizabeth Ln. Turn right onto Tortoise Ln. Take the 2nd left onto Heather Trace Ln Destination will be on the left.
  • Above Grade Finished Sq Ft: 1165
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 2005
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1165
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Living Area: 1165
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 42
  • Association Fee Frequency: Quarterly
  • Association: Yes

Lot Info

  • Parcel #: 6822496674
  • Zoning: RS9
  • TRIADMLS_DeedPage: 3961
  • TRIADMLS_DeedBook: 6050

Tax Info

  • Tax Annual Amount: 1494.85
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 1495

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2012
Closed on
Jul 6, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Wan Tak Wing and Tang Tsui Fong
Buyer's Agent
Roy Fulk
Piedmont Group Realty
List Price
$85,000
Sold Price
$77,000
Premium/Discount to List
-$8,000
-9.41%
Current Estimated Value
$261,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,823
Avg. Annual Appreciation
9.66%

Purchase Details

Closed on
Feb 22, 2012
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jan 11, 2012
Sold by
Price Lonnie L
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 18, 2006
Sold by
Mulvaney Homes Inc
Bought by
Price Lonnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,282
Interest Rate
6.39%
Mortgage Type
FHA
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
Wan Tak Wing -- None Available
Secretary Of Housing & Urban Development -- None Available
Wells Fargo Bank Na $90,000 None Available
Price Lonnie L $131,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Price Lonnie L $130,282
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2012 07/06/12 Sold $77,000 -9.4% $66 / Sq Ft
05/03/2012 05/03/12 Pending -- -- --
04/16/2012 04/16/12 For Sale $85,000 -- $73 / 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 $1,948 $145,500 $38,000 $107,500
2023 $1,948 $145,500 $38,000 $107,500
2022 $1,912 $145,500 $38,000 $107,500
2021 $1,877 $145,500 $38,000 $107,500
2020 $1,627 $117,800 $27,000 $90,800
2019 $1,638 $117,800 $27,000 $90,800
2018 $1,556 $117,800 $27,000 $90,800
2016 $1,541 $117,121 $24,000 $93,121
2015 $1,518 $117,121 $24,000 $93,121
2014 -- $117,121 $24,000 $93,121
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 640258

Triad MLS

APN: 6822-49-6674