NOT LISTED FOR SALE

205 Lorraine Dr Winston Salem, NC 27107

Estimated Value: $280,098 - $328,000

3 Beds
2.5 Baths
1,600 Sq Ft
$186/Sq Ft Est. Value

Last Sold October 25, 2021

Last sale price $230,100 $144 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,759/month

5 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • Fenced
  • No HOA

About This Home

As of October 2021

This is the one you've been waiting for! Great location close to highways, schools, and conveniences. Home has an oversized living room with stone fireplace, Eat-in kitchen, tile flooring, with access to the deck overlooking private backyard, formal dining room, Upstairs there are 3 more bedrooms and 2 full baths, basement garage with plenty of storage. Available for showings 9/18/2021

Last Agent to Sell the Property

Erica Jobe

Southern Stars Realty Group License #229076 Listed on: 09/14/2021

Last Buyer's Agent

Shaun Sidden

Sidden and Associates Inc License #194468

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,188

Year Built

  • Built in 1997

Lot Details

  • 0.28 Acre Lot
  • Fenced
  • Property is zoned RS9

Parking

  • 2 Car Garage
  • Basement Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,510 Sq Ft Home
  • 1,300-1,600 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Southeast Middle School
  • Glenn High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 6865110647
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,188

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Subdivision Name: None
  • Directions: Take Business 40 to Linville Rd. Right on Linville, Right on Kernersville Rd., Left on Lorraine. House is on left.
  • Above Grade Finished Sq Ft: 1510
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1997
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1600
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Has Basement: Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1510
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Basement
  • Garage Description: Basement Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Smith Farm
  • High School: Glenn
  • Middle Or Junior School: Southeast

Lot Info

  • Parcel #: 6865110647
  • Zoning: RS9
  • TRIADMLS_PricePerAcre: 803571.4286
  • TRIADMLS_DeedPage: 2676
  • TRIADMLS_DeedBook: 3297
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2188
  • Tax Lot: 7
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Dec 21, 2021
Sold by
Path Acquisitions Trs Llc
Bought by
Pagaya Smartresi F1 Fund Prop Owner Iii
Seller's Agent
Erica Jobe
Southern Stars Realty Group
Buyer's Agent
Shaun Sidden
Sidden and Associates Inc
Sold Price
$230,100
Current Estimated Value
$297,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,675
Avg. Annual Appreciation
6.64%

Purchase Details

Listed on
Sep 14, 2021
Closed on
Oct 22, 2021
Sold by
Clark Christopher and Clark Haley Baine
Bought by
Path Acquisitions Trs Llc
Seller's Agent
Erica Jobe
Southern Stars Realty Group
Buyer's Agent
Shaun Sidden
Sidden and Associates Inc
Sold Price
$230,100

Purchase Details

Listed on
May 11, 2016
Closed on
Jul 18, 2016
Sold by
Flpn Investments Inc
Bought by
Clark Christopher
Seller's Agent
John Godfrey
Hubbard Realty
Buyer's Agent
Erica Jobe
Southern Stars Realty Group
List Price
$129,500
Sold Price
$129,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.52%
Original Mortgage
$125,615
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2010
Sold by
Tilley James L and Tilley Nicole S
Bought by
Flpn Investments Inc

Purchase Details

Closed on
Oct 14, 2004
Sold by
Tilley James Lee and Tilley Nicole Smith
Bought by
Tilley James L and Tilley Nicole S

Purchase Details

Closed on
Oct 11, 2001
Sold by
Beitler Margaret Angela
Bought by
Tilley James Lee and Tilley Nicole Smith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,146
Interest Rate
6.87%
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
Pagaya Smartresi F1 Fund Prop Owner Iii -- None Available
Path Acquisitions Trs Llc $230,500 None Available
Clark Christopher $129,500 None Available
Flpn Investments Inc $121,500 None Available
Tilley James L -- --
Tilley James Lee $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clark Christopher $125,615
Previous Owner Tilley James Lee $118,146
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2021 10/25/21 Sold $230,100 +77.7% $177 / Sq Ft
07/18/2016 07/18/16 Sold $129,500 0.0% $100 / Sq Ft View Prior Sale
05/31/2016 05/31/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $129,500 -- $100 / 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 $2,379 $278,000 $38,000 $240,000
2024 $2,271 $169,600 $28,500 $141,100
2023 $2,271 $169,600 $28,500 $141,100
2022 $2,228 $169,600 $28,500 $141,100
2021 $2,188 $169,600 $28,500 $141,100
2020 $1,694 $122,700 $19,000 $103,700
2019 $1,707 $122,700 $19,000 $103,700
2018 $1,621 $122,700 $19,000 $103,700
2016 $1,425 $108,321 $18,050 $90,271
2015 $1,404 $108,321 $18,050 $90,271
2014 $1,361 $108,321 $18,050 $90,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1042196

Triad MLS

APN: 6865-11-0647