NOT LISTED FOR SALE

194 Driftwood Ln Unit 194 Winston Salem, NC 27104

Estimated Value: $143,000 - $176,000

2 Beds
1.5 Baths
1,122 Sq Ft
$125/mo HOA Fee

Last Sold February 27, 2013

Last sale price $45,000 $40 Per Sq Ft

Est. 260% increase in value since last sale

Current estimated payment $1,095/month

Highlights

  • Community Pool
  • Central Air
  • Carpet
  • Meadowlark Elementary School Rated A-
  • Ceiling Fan

About This Home

As of February 2013

Delightful 2 level condo in convenient Raintree. Well maintained. Monthly dues include water, pool, tennis, garbage pick up, ext. maintenance, insurance billed annually. Repaired unit. New carpet and vinyl. Has some new appliances and interior paint. Sold "as is". A free pre-qual letter can be obtained from any Wells Fargo Mortgage.

Last Buyer's Agent

George Munford

Berkshire Hathaway HomeServices Carolinas Realty License #67880

Berkshire Hathaway HomeServices Carolinas Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $786

Year Built

  • Built in 1981

Lot Details

  • Cleared Lot

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,122 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 194 / 3908D
  • Assessor Parcel Number 5895743013
  • 1% Total Tax Rate

Community Details

Overview

  • Raintree Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$786

Year Built

Built in 1981

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.01
  • Lot Size: 00 x 00
  • Subdivision Name: Raintree
  • Directions: Country Club Road to Left on Phillips Bridge Road and Right into Raintree Development.
  • Above Grade Finished Sq Ft: 1122
  • Architectural Style: Condo Main
  • Unit Levels: Two
  • Structure Type: Condominium
  • Year Built: 1981
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1122
  • TRIADMLS_PorchYN: No
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • TRIADMLS_AdCopy: Delightful 2 level condo in convenient Raintree. Well maintained with new carpet and vinyl, new paint and new appliances. Neighborhood pool and tennis courts.
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1122
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Lighting
  • Fencing: None
  • Lot Features: City Lot, Near Public Transit, Partially Cleared
  • Pool Features: Community
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

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

Condo/Co-op/Association

  • Association Fee: 125
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 5895743013
  • Zoning: Rm18
  • TRIADMLS_DeedPage: 3198
  • TRIADMLS_DeedBook: 3058

Tax Info

  • Tax Annual Amount: 786
  • Tax Block: 3908D
  • Tax Lot: 194
  • Tax Map Number: 594854
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 1.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2000
Sold by
Walker Patricia A
Bought by
Vaughn Jennifer W
Current Estimated Value
$161,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$22,381
Interest Rate
8.24%
Estimated Equity
$136,558

Purchase Details

Closed on
May 18, 1998
Sold by
Ertner Janet D
Bought by
Walker Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,200
Interest Rate
7.04%
Mortgage Type
FHA
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
Vaughn Jennifer W $61,500 --
Walker Patricia A $56,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Vaughn Jennifer W $12,000
Open Vaughn Jennifer W $60,000
Previous Owner Walker Patricia A $49,200
Closed Vaughn Jennifer W $1,790
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2013 02/27/13 Sold $45,000 -9.8% $40 / Sq Ft
01/22/2013 01/22/13 Pending -- -- --
01/21/2013 01/21/13 For Sale $49,900 -- $44 / 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 $1,058 $79,000 $15,000 $64,000
2022 $1,038 $79,000 $15,000 $64,000
2021 $1,019 $79,000 $15,000 $64,000
2020 $910 $65,900 $10,500 $55,400
2019 $917 $65,900 $10,500 $55,400
2018 $870 $65,900 $10,500 $55,400
2016 $699 $53,070 $10,500 $42,570
2015 $688 $53,070 $10,500 $42,570
2014 $667 $53,070 $10,500 $42,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 662113

Triad MLS

APN: 5895-74-3013