NOT LISTED FOR SALE

2440 Farmbrook Rd Winston Salem, NC 27103

Salem Woods Neighborhood

Estimated Value: $290,000 - $350,000

4 Beds
4 Baths
2,536 Sq Ft
$125/Sq Ft Est. Value

Last Sold August 04, 2021

Last sale price $215,000 $85 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,888/month

About This Home

As of August 2021

Awesome spacious house with tons of potential. Ready for a new owner to add their personal touch. Most of the main level and upstairs bedrooms have oak hardwood floor, large rooms, and plenty of closet space. In addition to the three upstairs bedrooms, on the lower level (no stairs required to enter) the guest quarters has a studio bedroom with kitchen and private full bath with walk in shower. Outside there are two parcels making up a large 1.2 acre lot, partially fenced yard, screened in porch, multiple covered porches and ample parking. The powered, over-sided 3 bay carport (34’5”x20’) can accommodate tall vehicles and has an amazing storage room above. Agent has ownership interest. See disclosures for documented closure of underground oil tank.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Aug 3, 2021
Sold by
Real Freedom Llc
Bought by
Morris Heath and Morris Casey Elizabeth
Seller's Agent
Carolyn Tyree
T'Vinci Properties
Buyer's Agent
Jan Kimbro
Mayberry Poe Realty
Sold Price
$215,000
Current Estimated Value
$317,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,922
Avg. Annual Appreciation
9.79%
Original Mortgage
$208,550
Outstanding Balance
$189,515
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$128,407

Purchase Details

Closed on
Mar 26, 2021
Sold by
Norman Marty Kyle and Norman Donnie Gray
Bought by
Real Freedom Llc

Purchase Details

Closed on
Jul 8, 1997
Bought by
Kyle
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Morris Heath $215,000 None Available
Real Freedom Llc $146,500 None Available
Kyle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Heath $208,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2021 08/04/21 Sold $215,000 -- $98 / Sq Ft View Prior Sale

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 $2,438 $283,800 $60,100 $223,700
2024 $2,327 $173,800 $38,200 $135,600
2023 $2,327 $173,800 $38,200 $135,600
2022 $2,283 $173,800 $38,200 $135,600
2021 $2,197 $170,300 $38,200 $132,100
2020 $2,265 $164,000 $35,000 $129,000
2019 $2,281 $164,000 $35,000 $129,000
2018 $2,166 $164,000 $35,000 $129,000
2016 $1,811 $137,579 $34,960 $102,619
2015 $1,783 $137,579 $34,960 $102,619
2014 $1,729 $137,579 $34,960 $102,619
Source: Public Records

Agents Affiliated with this Home

  • Carolyn Tyree

    Seller's Agent in 2021

    Carolyn Tyree

    T'Vinci Properties

    (336) 561-1477

    1 in this area

    59 Total Sales

    Carolyn Tyree
    Section Image

  • J

    Buyer's Agent in 2021

    Jan Kimbro

    Mayberry Poe Realty

    (336) 817-5139

    1 in this area

    56 Total Sales

    Jan Kimbro
    Section Image
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Map

North Carolina Forsyth County Winston-Salem 27103 Salem Woods

2440 Farmbrook Rd, Winston-Salem, NC

This home is located at 2440 Farmbrook Rd, Winston Salem, NC 27103 and is currently estimated at $317,922, approximately $125 per square foot. 2440 Farmbrook Rd is a home located in Forsyth County with nearby schools including Ward Elementary School, Wiley Magnet Middle School, and Reynolds High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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