$72,200
SOLD JUN 30, 2015
2 Beds
2 Baths
1,300 Sq Ft
$160/mo HOA Fee

Recently Sold

$56 Per Sq Ft

4% Below List Price

22 Days on Market

Highlights

  • Solid Surface Countertops
  • Community Pool
  • Central Air
  • Meadowlark Elementary School Rated A-
  • Porch
  • Ceiling Fan

About This Home

As of July 2022

This home is located at 159 Cedar Lake Trail, Winston Salem, NC 27104 and is currently priced at $72,200, approximately $55 per square foot. This property was built in 1979. 159 Cedar Lake Trail is a home located in Forsyth County with nearby schools including Meadowlark Elementary School, Meadowlark Middle School, and Ronald W. Reagan High School.

Last Agent to Sell the Property

Jon Bruner

The Real Estate Works License #228000 Listed on: 02/11/2015

Last Buyer's Agent

Jon Bruner

The Real Estate Works License #228000 Listed on: 02/11/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $909

Year Built

  • Built in 1979

HOA Fees

  • $160 Monthly HOA Fees

Home Design

  • Frame Construction
  • Stone

Interior Spaces

  • 1,164 Sq Ft Home
  • 1,000-1,300 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Living Room with Fireplace
  • Dryer Hookup

Kitchen

  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Porch

Schools

  • Meadowlark Middle School
  • Reagan High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 159 / 3909b
  • 1% Total Tax Rate

Community Details

Overview

  • Cedar Lake Condos Subdivision

Recreation

  • Community Pool

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$909

Year Built

Built in 1979

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: Condo
  • Subdivision Name: Cedar Lake Condos
  • Directions: Country Club Road West through Peace Haven Intersection; Right into Cedar Lake Trail; Unit near end of street on the left.
  • Above Grade Finished Sq Ft: 1164
  • Architectural Style: Condo Main
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 1979
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1300
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Solid Surface Counter
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: Blower Fan, Living Room
  • Fireplaces: 1
  • Living Area: 1164
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Pool Features: Community
  • Construction Type: Frame, Stone

Garage/Parking

  • Parking Features: Driveway, No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security System
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Windows, Storm Doors

Condo/Co-op/Association

  • Association Fee: 160
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Meadowlark
  • High School: Reagan
  • Middle Or Junior School: Meadowlark

Lot Info

  • Zoning: RM8-S
  • TRIADMLS_DeedPage: 1483
  • TRIADMLS_DeedBook: 1711

Tax Info

  • Tax Annual Amount: 908.67
  • Tax Block: 3909b
  • Tax Lot: 159
  • Tax Map Number: 594850
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 1.2568

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jul 7, 2022
Sold by
Malay Courtney T
Bought by
Schilla Brock Eric and Byrd Kimber Leigh
Seller's Agent
Stephanie Wilson
Shannon Conrad & Associates, Inc.
Buyer's Agent
Angel Sandoval
Real Broker LLC
List Price
$142,900
Sold Price
$152,000
Premium/Discount to List
$9,100
6.37%
Current Estimated Value
$169,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,285
Avg. Annual Appreciation
3.94%
Original Mortgage
$8,000
Outstanding Balance
$7,713
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$163,318

Purchase Details

Closed on
Aug 27, 2020
Sold by
Malay Erik
Bought by
Malay Courtney T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 11, 2015
Closed on
Jun 26, 2015
Sold by
Smith Regina Huffman and Estate Of Paula Mary Hersh Mor
Bought by
Malay Erik
Seller's Agent
Jon Bruner
The Real Estate Works
Buyer's Agent
Jon Bruner
The Real Estate Works
List Price
$74,900
Sold Price
$72,200
Premium/Discount to List
-$2,700
-3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%
Original Mortgage
$57,760
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 1991
Bought by
Mortimore
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $152,000 Orenstein Joseph D
Interfamily Deed Transfer -- None Available
Warranty Deed $73,000 None Available
Deed $50,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $8,000 New Conventional
Open $129,200 New Conventional
Previous Owner $58,250 New Conventional
Previous Owner $57,760 New Conventional
Previous Owner $45,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Sold $152,000 +6.4% $152 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $142,900 +97.9% $143 / Sq Ft
06/30/2015 06/30/15 Sold $72,200 -3.6% $72 / Sq Ft
03/06/2015 03/06/15 Pending -- -- --
02/11/2015 02/11/15 For Sale $74,900 -- $75 / 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 $1,163 $86,900 $15,000 $71,900
2022 $1,142 $86,900 $15,000 $71,900
2021 $1,121 $86,900 $15,000 $71,900
2020 $874 $63,300 $10,800 $52,500
2019 $880 $63,300 $10,800 $52,500
2018 $836 $63,300 $10,800 $52,500
2016 $951 $72,342 $13,500 $58,842
2015 $937 $72,342 $13,500 $58,842
2014 -- $72,342 $13,500 $58,842
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 731011

Triad MLS

APN: 5895-93-7849