NOT LISTED FOR SALE

197 Lake Meadows Dr Reidsville, NC 27320

Estimated Value: $404,000 - $598,901

3 Beds
2 Baths
2,100 Sq Ft
$246/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $460,000 $219 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,029/month

3 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Porch
  • Farmhouse Style Home
  • No HOA
  • 2 Car Attached Garage

About This Home

As of August 2021

All offers to be submitted July 4,2021 by 8:00pm.
Stunning craftsman style custom-built home located in Waters Edge . Main level living! 3 bedrooms & 2 baths with open concept from the great room into the dining with soaring ceilings, wood burning fireplace, and windows all across the back of the house. The primary suite has two sinks, large closet, and separate tub & tile shower. Unfinished basement space is wired and has plumbing, ready to be finished. The home has beautiful decks and covered porches all across the back of the house with stunning views. Additional 6.44 acres can also be purchased for an additional $100,000.(Lot 5) MLS number 1031761. Schedule Your Showing Today!

Last Agent to Sell the Property

Brittany Duncan

eXp Realty License #315236 Listed on: 07/01/2021

eXp Realty

Last Buyer's Agent

Matthew Millaway

eXp Realty License #306213

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,714

Year Built

  • Built in 2019

Lot Details

  • 7.55 Acre Lot
  • Fenced
  • Property is zoned RP/CD

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Farmhouse Style Home

Interior Spaces

  • 2,000 Sq Ft Home
  • 1,800-2,100 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Wood Flooring
  • Pull Down Stairs to Attic
  • Unfinished Basement

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Waters Edge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 178784
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,714

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 7.55
  • Lot Size: 3,078
  • Subdivision Name: Waters Edge
  • Directions: Take US 158, Right on Flat Rock, Left On Lake Meadows, House on The Left.
  • Above Grade Finished Sq Ft: 2000
  • Architectural Style: Farm House
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 2019
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1800 - 2100
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Oven, Dishwasher, Gas Cooktop, Range Hood, Electric Water Heater
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2000
  • Main Level Bathrooms: 2
  • Attic Description: Partially Floored, Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: Fenced
  • Pool Features: None
  • Construction Type: Cement Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Fireplace(s), Heat Pump, Electric, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 178784
  • Zoning: RP/CD
  • TRIADMLS_PricePerAcre: 59602.649
  • TRIADMLS_DeedPage: 2279
  • TRIADMLS_DeedBook: 1536
  • TRIADMLS_AcresRange: 7 - 8

Tax Info

  • Tax Annual Amount: 2714.1
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.739

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Aug 5, 2021
Sold by
Brame Anna and Brame Robert D
Bought by
Friedermann Dewitt and Fleming Whitney
Seller's Agent
Brittany Duncan
eXp Realty
Buyer's Agent
Matthew Millaway
eXp Realty
Sold Price
$460,000
Current Estimated Value
$517,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,475
Avg. Annual Appreciation
2.80%
Original Mortgage
$400,000
Outstanding Balance
$364,266
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$153,209

Purchase Details

Closed on
Jan 16, 2018
Sold by
Lake Reidsville Estate Llc
Bought by
Rosasco Anna N and Brame Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,125
Interest Rate
3.94%
Mortgage Type
Unknown
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
Friedermann Dewitt $460,000 None Available
Rosasco Anna N $46,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friedermann Dewitt $400,000
Previous Owner Rosasco Anna N $34,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2021 08/06/21 Sold $460,000 -- $256 / 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
2025 $3,687 $566,230 $56,058 $510,172
2024 $3,687 $566,230 $56,058 $510,172
2023 $3,687 $341,395 $50,962 $290,433
2022 $2,714 $341,395 $50,962 $290,433
2021 $2,714 $341,395 $50,962 $290,433
2020 $2,714 $341,395 $50,962 $290,433
2019 $1,010 $127,102 $50,962 $76,140
2018 $467 $58,606 $58,606 $0
2017 $467 $58,606 $58,606 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1031759

Triad MLS

APN: 178784