NOT LISTED FOR SALE

249 Petree Rd Winston Salem, NC 27106

Town And Country Estates Neighborhood

Estimated Value: $215,000 - $279,000

3 Beds
2 Baths
1,600 Sq Ft
$160/Sq Ft Est. Value

Last Sold March 11, 2019

Last sale price $107,000 $67 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $1,500/month

130 Days on Market

Highlights

  • Partially Wooded Lot
  • Wood Flooring
  • No HOA
  • Jefferson Elementary School Rated A-
  • Attic
  • Porch

About This Home

As of March 2019

Forget the bus! Walk across the street to Mt Tabor High School. Great location for a 3BR/2BA ranch with recent architectural roof. Needs cosmetic work and a great first home or investment with great rental history. Central heat/air. All appliances stay including stack-able washer/dryer. Partially fenced area in back yard, 1-car garage, driveway can accommodate multiple vehicles. Quick access to all of Winston Salem. 1-YR Home Warranty Included. Sold AS-IS, bring all offers.

Last Agent to Sell the Property

Brent Morris

Real Property Management Triad License #258664 Listed on: 09/01/2018

Last Buyer's Agent

Michael Ferrin

Leonard Ryden Burr Real Estate License #275814

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,411

Year Built

  • Built in 1939

Lot Details

  • 0.56 Acre Lot
  • Partially Wooded Lot
  • Property is zoned RS9

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Asbestos

Interior Spaces

  • 1,450 Sq Ft Home
  • 1,300-1,600 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Dryer Hookup
  • Attic
  • Unfinished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Schools

  • Jefferson Middle School
  • Mt. Tabor High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Knollwood Subdivision

Listing and Financial Details

  • Legal Lot and Block 048 / 1406
  • Assessor Parcel Number 6816371914
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,411

Year Built

Built in 1939

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.56
  • Subdivision Name: Knollwood
  • Directions: Peace Haven Rd turns into Petree. House is located across from Mt Tabor High School.
  • Above Grade Finished Sq Ft: 1450
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1939
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1600
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s)
  • Has Basement: Unfinished, Basement, Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1450
  • Main Level Bathrooms: 2
  • Attic Description: No Access
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Lot Features: City Lot, Partially Wooded
  • Pool Features: None
  • Construction Type: Asbestos
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Garage, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas
  • Energy Features: None

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Jefferson
  • High School: Mt. Tabor
  • Middle Or Junior School: Jefferson

Lot Info

  • Parcel #: 6816371914
  • Zoning: RS9
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1411
  • Tax Block: 1406
  • Tax Lot: 048
  • Tax Map Number: 612866
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.3209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2018
Closed on
Mar 11, 2019
Sold by
Wind Burn Real Estate Llc
Bought by
Daniels Matthew R and Feiler Daniels Miriam R
Seller's Agent
Brent Morris
Real Property Management Triad
Buyer's Agent
Michael Ferrin
Leonard Ryden Burr Real Estate
List Price
$117,800
Sold Price
$107,000
Premium/Discount to List
-$10,800
-9.17%
Current Estimated Value
$256,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,434
Avg. Annual Appreciation
14.07%
Original Mortgage
$105,061
Outstanding Balance
$92,179
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$164,255

Purchase Details

Closed on
Sep 24, 2012
Bought by
Wind Burn Real Estate Llc

Purchase Details

Closed on
Jun 21, 2012
Sold by
Kabar Properties Llc
Bought by
First Community Bank

Purchase Details

Closed on
May 4, 2005
Sold by
Henshaw Gregory D and Estate Of Margaret Cole Tate
Bought by
Kabar Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
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
Daniels Matthew R $108,500 None Available
Wind Burn Real Estate Llc $40,500 --
First Community Bank $78,750 None Available
Kabar Properties Llc $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daniels Matthew R $105,061
Previous Owner Kabar Properties Llc $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2019 03/11/19 Sold $107,000 -9.2% $82 / Sq Ft
01/10/2019 01/10/19 Pending -- -- --
09/01/2018 09/01/18 For Sale $117,800 -- $91 / 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 $1,890 $267,400 $52,000 $215,400
2024 $1,803 $134,700 $40,000 $94,700
2023 $1,803 $134,700 $40,000 $94,700
2022 $1,770 $134,700 $40,000 $94,700
2021 $1,738 $134,700 $40,000 $94,700
2020 $1,475 $106,800 $22,500 $84,300
2019 $1,485 $106,800 $22,500 $84,300
2018 $1,411 $106,800 $22,500 $84,300
2016 $1,370 $104,127 $30,975 $73,152
2015 $1,349 $104,127 $30,975 $73,152
2014 $1,308 $104,127 $30,975 $73,152
Source: Public Records

Agents Affiliated with this Home

  • Brent Morris

    Seller's Agent in 2019

    Brent Morris

    Real Property Management Triad

    (336) 293-3975

    1 in this area

    84 Total Sales

    Brent Morris
    Section Image

  • M

    Buyer's Agent in 2019

    Michael Ferrin

    Leonard Ryden Burr Real Estate

    7 in this area

    133 Total Sales

    Michael Ferrin
    Section Image
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Map

Source: Triad MLS

MLS Number: 901834

Triad MLS

APN: 6816-37-1914

North Carolina Forsyth County Winston-Salem 27106 Town And Country Estates

249 Petree Rd, Winston-Salem, NC

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