NOT LISTED FOR SALE

1897 Faculty Dr Winston Salem, NC 27106

Estimated Value: $448,248 - $619,000

3 Beds
2 Baths
2,600 Sq Ft
$203/Sq Ft Est. Value

Last Sold April 19, 2016

Last sale price $277,500 $107 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,214/month

3 Days on Market

Highlights

  • Partially Wooded Lot
  • Main Floor Primary Bedroom
  • Balcony
  • Wood Flooring
  • No HOA
  • Central Air

About This Home

As of April 2016

The natural setting of this wonderful contemporary home is pure bliss. The tranquil stream & beautiful landscaped views will make you feel miles from town but you're just mins away from everything in the heart of WFU campus. This custom designed home has 3 brm/ 2 baths with an open floor plan. The bathrooms have been recently updated and the home features brazilian cherry hardwood floors. Daylight abounds from lg windows throughout home. The LL features den w/fireplace, storage/tool rm & walkout patio.

Last Agent to Sell the Property

Clare Fader

Fader Real Estate at ERA Live Moore License #255648 Listed on: 04/16/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,175

Year Built

  • Built in 1981

Lot Details

  • 0.5 Acre Lot
  • Level Lot
  • Partially Wooded Lot
  • Property is zoned RS9

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,416 Sq Ft Home
  • 2,100-2,600 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Great Room with Fireplace
  • Dishwasher
  • Dryer Hookup
  • Finished Basement

Flooring

  • Wood
  • Brick
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Wake Forest University Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6826592017
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,175

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Subdivision Name: Wake Forest University
  • Directions: Reynolda Rd, N to WFU entrance, right on Faculty, home on left.
  • Above Grade Finished Sq Ft: 2416
  • Unit Levels: Two
  • Year Built: 1981
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 500 - 700
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2100 - 2600
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Water Heater
  • Flooring: Brick, Carpet, Wood
  • Interior Amenities: Great Room, Ceiling Fan(s), Dead Bolt(s)
  • Has Basement: Finished, Unfinished, Full
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 652
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 2416
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Balcony
  • Lot Features: Level, Partially Wooded
  • Construction Type: Vinyl Siding

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air
  • Heating: Heat Pump, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6826592017
  • Zoning: RS9
  • TRIADMLS_PricePerAcre: 580000
  • TRIADMLS_DeedPage: 271
  • TRIADMLS_DeedBook: 3253
  • TRIADMLS_AcresRange: 0 - 1

Tax Info

  • Tax Annual Amount: 3175.2
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 1.296

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2016
Closed on
Apr 12, 2016
Sold by
Cooke Mark Christopher and Krcmar Marina
Bought by
Clarke William D
Seller's Agent
Clare Fader
Fader Real Estate at ERA Live Moore
List Price
$290,000
Sold Price
$277,500
Premium/Discount to List
-$12,500
-4.31%
Current Estimated Value
$530,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,118
Avg. Annual Appreciation
7.39%
Original Mortgage
$250,000
Outstanding Balance
$201,027
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$338,322

Purchase Details

Closed on
Jul 25, 1988
Bought by
Brunstetter
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
Clarke William D $277,500 None Available
Brunstetter $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clarke William D $250,000
Previous Owner Cooke Mark Christopher $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2016 04/19/16 Sold $277,500 -4.3% $132 / Sq Ft
04/19/2016 04/19/16 Pending -- -- --
04/16/2016 04/16/16 For Sale $290,000 +5.5% $138 / Sq Ft
10/01/2015 10/01/15 Sold $275,000 -1.8% $131 / Sq Ft
08/10/2015 08/10/15 Pending -- -- --
08/06/2015 08/06/15 For Sale $280,000 -- $133 / 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 $3,707 $276,900 $74,000 $202,900
2022 $3,638 $276,900 $74,000 $202,900
2021 $4,104 $318,100 $74,000 $244,100
2020 $3,731 $270,200 $69,500 $200,700
2019 $3,758 $270,200 $69,500 $200,700
2018 $3,569 $270,200 $69,500 $200,700
2016 $3,224 $245,038 $68,000 $177,038
2015 -- $245,038 $68,000 $177,038
2014 $3,079 $245,038 $68,000 $177,038
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 792268

Triad MLS

APN: 6826-59-2017