NOT LISTED FOR SALE

1616 Salem Lake Rd Winston Salem, NC 27107

Reynolda Forest/Salem Lake Neighborhood

Estimated Value: $215,854 - $221,000

3 Beds
2 Baths
1,400 Sq Ft
$156/Sq Ft Est. Value

Last Sold January 07, 2021

Last sale price $145,500 $104 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,329/month

3 Days on Market

About This Home

As of January 2021

Great starter home with 3 bedrooms and 2 full baths. Front porch and a large back deck overseeing a spacious yard. Real close to Salem Lake and all of its amenities.

Last Agent to Sell the Property

Duer Pierce

ERA Live Moore License #284701 Listed on: 11/05/2020

Last Buyer's Agent

Ian Malinow

Carolina Home Partners by eXp Realty License #311330

Carolina Home Partners by eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,132

Year Built

  • Built in 2002

Lot Details

  • 0.35 Acre Lot
  • Cleared Lot
  • Property is zoned RS9

Parking

  • Driveway

Home Design

  • Frame Construction

Interior Spaces

  • 1,324 Sq Ft Home
  • 1,100-1,400 Sq Ft Home
  • Property has 1 Level
  • Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6844881594
  • 13209% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,132

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.35
  • Subdivision Name: None
  • Directions: From Winston Salem State proceed East on Reynolds Park Rd, make Right onto Salem Lake Rd to 1616 Salem Lake Rd.
  • Above Grade Finished Sq Ft: 1324
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 2002
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1400
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Oven, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Vaulted Ceiling(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1324
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: Cleared
  • Pool Features: None
  • Exclusions: No Exceptions
  • Construction Type: Frame
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Security: Security System
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6844881594
  • Zoning: RS9
  • TRIADMLS_PricePerAcre: 397142.8571
  • TRIADMLS_DeedPage: 3969
  • TRIADMLS_DeedBook: 3350
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1132
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 13209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Dec 17, 2020
Sold by
Andrade Alonso and Alvayero Maria I
Bought by
Avila Leonimar Vargas and Santos Eliana Rios
Seller's Agent
Duer Pierce
ERA Live Moore
Buyer's Agent
Ian Malinow
Carolina Home Partners by eXp Realty
Sold Price
$145,500
Current Estimated Value
$220,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,799
Avg. Annual Appreciation
8.94%
Original Mortgage
$142,864
Outstanding Balance
$128,937
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$86,435

Purchase Details

Closed on
Jun 2, 2017
Sold by
Andrade Daniel Adonay
Bought by
Andrade Alonso

Purchase Details

Closed on
Apr 30, 2015
Sold by
Andrade Daniel Adonay
Bought by
Andrade Alonso and Andrade Daniel Adonay

Purchase Details

Closed on
Sep 1, 2014
Sold by
Andrade Alonso and Andrade Maria I
Bought by
Andrade Daniel Adonay

Purchase Details

Closed on
Nov 18, 2002
Sold by
Crews William S and Crews Belinda H
Bought by
Andrade Alonso and Andrade Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
5.95%
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
Avila Leonimar Vargas $146,000 None Available
Andrade Alonso -- None Available
Andrade Alonso -- None Available
Andrade Daniel Adonay -- None Available
Andrade Alonso $101,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avila Leonimar Vargas $142,864
Previous Owner Avila Leonimar $8,000
Previous Owner Andrade Alonso $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2021 01/07/21 Sold $145,500 -- $132 / 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 $1,347 $100,600 $9,500 $91,100
2022 $1,322 $100,600 $9,500 $91,100
2021 $1,191 $92,300 $9,500 $82,800
2020 $1,124 $81,400 $9,500 $71,900
2019 $1,132 $81,400 $9,500 $71,900
2018 $1,075 $81,400 $9,500 $71,900
2016 $1,155 $87,754 $9,500 $78,254
2015 $1,138 $87,754 $9,500 $78,254
2014 $1,103 $87,754 $9,500 $78,254
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Duer Pierce

    ERA Live Moore

    (336) 769-7224

    1 in this area

    40 Total Sales

    Section Image

  • I

    Buyer's Agent in 2021

    Ian Malinow

    Carolina Home Partners by eXp Realty

    (336) 392-4655

    2 in this area

    72 Total Sales

    Section Image
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Map

Source: Triad MLS

MLS Number: 001907

Triad MLS

APN: 6844-88-1594

North Carolina Forsyth County Winston-Salem 27107 Reynolda Forest/Salem Lake

1616 Salem Lake Rd, Winston-Salem, NC

This home is located at 1616 Salem Lake Rd, Winston Salem, NC 27107 since 05 November 2020 and is currently estimated at $218,214, approximately $155 per square foot. This property was built in 2002. 1616 Salem Lake Rd is a home located in Forsyth County with nearby schools including Hall-Woodward Elementary School, Philo-Hill Magnet Academy, and East Forsyth High School.

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