NOT LISTED FOR SALE

2521 Farmbrook Rd Winston Salem, NC 27103

Salem Woods Neighborhood

Estimated Value: $238,198 - $282,000

3 Beds
2 Baths
1,392 Sq Ft
$184/Sq Ft Est. Value

Last Sold June 26, 2013

Last sale price $104,000 $75 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $1,498/month

379 Days on Market

Highlights

  • Den with Fireplace
  • Attic
  • Porch
  • Wood Flooring
  • No HOA
  • Attached Carport

About This Home

As of June 2013

Brick ranch with 2 covered porches set on half acre lot with beautiful trees. Lots of wood floors, full unfinished basement for storage. Convenient to Medical and Hanes Mall. Priced below tax value.

Last Buyer's Agent

Sharon Dawson

Jennic Property Solutions LLC License #269724

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,828

Year Built

  • Built in 1964

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 14.4 x 93.4 x 215 x 109.7 x 215.9
  • Level Lot
  • Property is zoned RS9

Parking

  • 1 Car Garage
  • Attached Carport

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,392 Sq Ft Home
  • Property has 1 Level
  • Den with Fireplace
  • 2 Fireplaces
  • Unfinished Basement
  • Fireplace in Basement
  • Storm Doors
  • Attic

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Atwood Acres Subdivision

Listing and Financial Details

  • Legal Lot and Block 021 / 3998
  • Assessor Parcel Number 6804927521
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,828

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Lot Size: 14.4 x 93.4 x 215 x 109.7 x 215.9
  • Subdivision Name: Atwood Acres
  • Directions: South on Stratford Road, past Hanes Mall; Right on Farmbrook; Property is on the corner of Farmbrook and Springhaven
  • Above Grade Finished Sq Ft: 1392
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1964
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 0
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1392
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Oven, Cooktop, Exhaust Fan, Electric Water Heater
  • Flooring: Vinyl, Wood
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Basement, Den
  • Fireplaces: 2
  • Living Area: 1392
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: None
  • Lot Features: City Lot, Level, Sloped
  • Construction Type: Brick
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Public Sewer
  • Laundry Features: In Basement, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Oil
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Oil
  • Water Heater: Electric
  • Energy Features: Storm Doors

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 6804927521
  • Zoning: RS9
  • TRIADMLS_PlatPage: 24
  • TRIADMLS_PlatBook: 20

Tax Info

  • Tax Annual Amount: 1827.89
  • Tax Block: 3998
  • Tax Lot: 021
  • Tax Map Number: 606842
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 1.165

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2012
Closed on
Jun 14, 2013
Sold by
Dula Charles Hughes
Bought by
Micco Richard Andrew
Buyer's Agent
Sharon Dawson
Jennic Property Solutions LLC
List Price
$124,900
Sold Price
$104,000
Premium/Discount to List
-$20,900
-16.73%
Current Estimated Value
$256,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,050
Avg. Annual Appreciation
7.47%
Original Mortgage
$102,116
Outstanding Balance
$72,250
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$183,800
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Micco Richard Andrew $104,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Micco Richard Andrew $102,116
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2013 06/26/13 Sold $104,000 -16.7% $75 / Sq Ft
05/17/2013 05/17/13 Pending -- -- --
05/02/2012 05/02/12 For Sale $124,900 -- $90 / 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 $1,877 $222,200 $55,000 $167,200
2024 $1,791 $133,800 $35,000 $98,800
2023 $1,791 $133,800 $35,000 $98,800
2022 $1,758 $133,800 $35,000 $98,800
2021 $1,726 $133,800 $35,000 $98,800
2020 $1,536 $111,200 $32,000 $79,200
2019 $1,547 $111,200 $32,000 $79,200
2018 $1,469 $111,200 $32,000 $79,200
2016 $1,704 $129,474 $32,000 $97,474
2015 $1,678 $129,474 $32,000 $97,474
2014 $1,628 $129,474 $32,000 $97,474
Source: Public Records

Agents Affiliated with this Home

  • Sharon Dawson

    Buyer's Agent in 2013

    Sharon Dawson

    Jennic Property Solutions LLC

    (336) 782-0778

    6 Total Sales

    Sharon Dawson
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Map

Source: Triad MLS

MLS Number: 641741

Triad MLS

APN: 6804-92-7521

North Carolina Forsyth County Winston-Salem 27103 Salem Woods

2521 Farmbrook Rd, Winston-Salem, NC

Not Listed for Sale

Detached

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