NOT LISTED FOR SALE

175 Preston Downs Way Winston Salem, NC 27103

Salem Woods Neighborhood

Estimated Value: $183,000 - $228,067

2 Beds
2 Baths
1,150 Sq Ft
$186/Sq Ft Est. Value

Last Sold June 05, 2012

Last sale price $90,000 $78 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $1,349/month

43 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Forced Air Heating and Cooling System
  • Clemmons Middle School Rated A-

About This Home

As of June 2012

Freshly painted inside with new carpet and vinyl floors. Priced to sell! Split bedrooms, fireplace in living room. Seller offering a 2 year home warranty.

Last Agent to Sell the Property

Steve Johnston

REALTY EXECUTIVES/TRIAD License #156690 Listed on: 03/14/2012

REALTY EXECUTIVES/TRIAD

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,209

Year Built

  • Built in 1996

Lot Details

  • 6,534 Sq Ft Lot
  • Property is zoned RS9-S

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,150 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Porch

Utilities

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

Community Details

  • Preston Downs Ph 02 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6804334623
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,209

Year Built

Built in 1996

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Subdivision Name: Preston Downs Ph 02
  • Directions: From Winston Salem, take Business 40 west to 421 north. Exit onto Jonestown Road and turn left. Turn left onto Preston Downs Way.
  • Above Grade Finished Sq Ft: 1150
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1996
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1150
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Dead Bolt(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1150
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

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

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: 33
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 6804334623
  • Zoning: RS9-S
  • TRIADMLS_DeedPage: 3061
  • TRIADMLS_DeedBook: 3032

Tax Info

  • Tax Annual Amount: 1208.75
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 1.149

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2012
Closed on
Apr 26, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hakanson William Leonard
Seller's Agent
Steve Johnston
REALTY EXECUTIVES/TRIAD
List Price
$94,500
Sold Price
$90,000
Premium/Discount to List
-$4,500
-4.76%
Current Estimated Value
$213,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,517
Avg. Annual Appreciation
6.72%
Original Mortgage
$72,000
Outstanding Balance
$12,149
Interest Rate
3.16%
Mortgage Type
New Conventional
Estimated Equity
$199,909

Purchase Details

Closed on
Nov 30, 2011
Sold by
Pask Mark E and Pask Linda L
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 20, 2002
Sold by
Cox Dale B and Cox Joseph F
Bought by
Pask Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,500
Interest Rate
6.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 3, 2002
Sold by
Cox Dale B and Will Of Bernice H Sharpe
Bought by
Cox Dale B
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hakanson William Leonard -- Chicago Title Insurance Co
Federal Home Loan Mortgage Corporation $91,351 None Available
Pask Linda L $95,000 --
Cox Dale B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hakanson William Leonard $72,000
Previous Owner Pask Linda L $11,238
Previous Owner Pask Mark E $95,000
Previous Owner Pask Linda L $91,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2012 06/05/12 Sold $90,000 -4.8% $78 / Sq Ft
04/27/2012 04/27/12 Pending -- -- --
03/14/2012 03/14/12 For Sale $94,500 -- $82 / 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 $1,647 $123,000 $27,000 $96,000
2022 $1,616 $123,000 $27,000 $96,000
2021 $793 $0 $0 $0
2020 $652 $94,400 $22,000 $72,400
2019 $657 $94,400 $22,000 $72,400
2018 $623 $94,400 $22,000 $72,400
2016 $591 $89,793 $19,800 $69,993
2015 $1,164 $89,793 $19,800 $69,993
2014 $1,129 $89,793 $19,800 $69,993
Source: Public Records

Agents Affiliated with this Home

  • Steve Johnston

    Seller's Agent in 2012

    Steve Johnston

    REALTY EXECUTIVES/TRIAD

    (336) 681-5401

    13 Total Sales

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Map

Source: Triad MLS

MLS Number: 637112

Triad MLS

APN: 6804-33-4623

North Carolina Forsyth County Winston-Salem 27103 Salem Woods

175 Preston Downs Way, Winston-Salem, NC

This home is located at 175 Preston Downs Way, Winston Salem, NC 27103 since 14 March 2012 and is currently estimated at $213,517, approximately $185 per square foot. This property was built in 1996. 175 Preston Downs Way is a home located in Forsyth County with nearby schools including Ward Elementary School, Clemmons Middle School, and West Forsyth High.

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