NOT LISTED FOR SALE

1872 Faculty Dr Winston Salem, NC 27106

Estimated Value: $527,651 - $608,000

3 Beds
3 Baths
2,800 Sq Ft
$199/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $480,000 $171 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,547/month

22 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • No HOA
  • Partially Wooded Lot
  • Attic
  • 1 Car Attached Garage

About This Home

As of July 2022

Offer Deadline- Saturday 6/4 5pm. Overlooking Old Towne Country Club Golf Course. A well maintained home with spacious open floor plan. Beautiful hardwood floors. The lower level has a huge den with lots of built-ins, fireplace and a full bath. The garage is a one car, but there is also a great storage building that is large enough to convert to another garage. Wonderful gated living with no HOA dues and easy access to Wake Forest University and Reynolda Village.

Last Agent to Sell the Property

Christine Bresky

License #323274 Listed on: 06/02/2022

Last Buyer's Agent

Tammie Hattey

Mark Spain Real Estate License #281096

Mark Spain Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,487

Year Built

  • Built in 1959

Lot Details

  • 0.41 Acre Lot
  • Fenced
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned RS9

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,616 Sq Ft Home
  • 2,300-2,800 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Wake Forest University Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6826595196000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,487

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Subdivision Name: Wake Forest University
  • Directions: Reynolda Rd to Right into the Campus on Wake Forest University Road, Right on Faculty. House is on the Right.
  • Above Grade Finished Sq Ft: 2616
  • Unit Levels: Multi/Split
  • Structure Type: House
  • Year Built: 1959
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2300 - 2800
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Humidifier
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Den, Living Room
  • Fireplaces: 2
  • Living Area: 2616
  • Attic Description: Partially Floored, Pulldown Stairs
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Garden
  • Fencing: Fenced
  • Lot Features: City Lot, Near Public Transit, Cleared, Level, Partially Wooded, Sloped
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Oil
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Oil
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6826595196000
  • Zoning: RS9
  • TRIADMLS_PricePerAcre: 1097317.0732
  • TRIADMLS_DeedPage: 2437
  • TRIADMLS_DeedBook: 3299
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 4487.32
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 1.2902

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2016
Closed on
Jul 25, 2016
Sold by
Murczek Kenneth E and Murczek Jennifer M
Bought by
Mileto Lisa A
Seller's Agent
Arlene Rouse
Village Realty
List Price
$304,750
Sold Price
$282,000
Premium/Discount to List
-$22,750
-7.47%
Current Estimated Value
$576,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,952
Avg. Annual Appreciation
7.84%
Original Mortgage
$225,600
Outstanding Balance
$109,960
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$448,203

Purchase Details

Closed on
Apr 8, 2013
Sold by
Doub Larry A and Doub Karen S
Bought by
Murczek Kenneth E and Murczek Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 1998
Sold by
Jackson Colon S
Bought by
Doub Larry A and Doub Karen S
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
Mileto Lisa A $268,000 None Available
Murczek Kenneth E -- None Available
Doub Larry A $188,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mileto Lisa A $225,600
Previous Owner Murczek Kenneth E $185,000
Previous Owner Doub Larry A $50,000
Previous Owner Doub Larry A $100,000
Previous Owner Doub Larry A $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2022 07/11/22 Sold $480,000 +6.7% $209 / Sq Ft
06/25/2022 06/25/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $449,900 +59.5% $196 / Sq Ft
07/29/2016 07/29/16 Sold $282,000 -7.5% $134 / Sq Ft
06/17/2016 06/17/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $304,750 -- $145 / 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 $4,656 $347,800 $85,100 $262,700
2022 $4,569 $347,800 $85,100 $262,700
2021 $4,487 $347,800 $85,100 $262,700
2020 $3,662 $265,200 $69,500 $195,700
2019 $3,689 $265,200 $69,500 $195,700
2018 $3,503 $265,200 $69,500 $195,700
2016 $2,860 $217,332 $64,600 $152,732
2015 $2,816 $217,332 $64,600 $152,732
2014 $2,731 $217,332 $64,600 $152,732
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1070582

Triad MLS

APN: 6826-59-5196