NOT LISTED FOR SALE

254 Riverwood Dr Lewisville, NC 27023

Estimated Value: $486,411 - $590,000

5 Beds
4 Baths
3,313 Sq Ft
$162/Sq Ft Est. Value

Last Sold February 20, 2015

Last sale price $275,000 $83 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,043/month

40 Days on Market

Highlights

  • Den with Fireplace
  • Traditional Architecture
  • Community Pool
  • Lewisville Elementary School Rated A
  • Wood Flooring
  • Porch

About This Home

As of February 2015

NEWLY MODERNIZED THROUGHOUT! Classic Home on Picturesque 20ac Stocked Lake. Extensive Upgrades in 2013, including New Scandinavian Designer Kitchen, Marble Backsplash, Granite, Maple Cabinets, Bamboo Floors on Main & Upper. Tile in 4 Full Baths. Master Suites on Main & Upper. Luxurious Tiled Shower. Den with Natural Stone FP & Spectacular Lake Views. Basement Home Theater w/ Wet Bar & Tile Floor. Possible 5th BR in Basement. Raegan High, Meadowlark Mid & Lewisville Elem. Community Pool Avail. (4BR Septic)

Last Buyer's Agent

Karin Head

Head Realty Group, eXp Realty License #265498

Head Realty Group, eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,337

Year Built

  • Built in 1976

Lot Details

  • 0.67 Acre Lot
  • Property is zoned RS20

Parking

  • 2 Car Garage
  • Basement Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Masonite

Interior Spaces

  • 3,313 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Den with Fireplace
  • 2 Fireplaces
  • Finished Basement
  • Fireplace in Basement
  • Dryer Hookup

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Separate Shower

Outdoor Features

  • Porch

Schools

  • Meadowlark Middle School
  • Reagan High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • 1% Total Tax Rate

Community Details

Overview

  • Property has a Home Owners Association
  • Shallowford Lakes Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,337

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.67
  • Subdivision Name: Shallowford Lakes
  • Directions: From WS, Take 421 to Lewisville Clemmons Rd, go straight through the light, Right on Shallowford Rd, Left on Lewisville Vienna Rd. Left on Riverwood. Home will be on the Left on Lake.
  • Above Grade Finished Sq Ft: 3313
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Year Built: 1976
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 714
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3313
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Oven, Cooktop, Dishwasher, Exhaust Fan, Electric Water Heater
  • Flooring: Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), In-Law Floorplan, Kitchen Island, Separate Shower
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Basement, Den
  • Fireplaces: 2
  • Living Area: 3313
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: None
  • Pool Features: Community
  • Construction Type: Masonite

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage Door Opener, Basement
  • Garage Description: Basement Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, In Basement, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Lewisville
  • High School: Reagan
  • Middle Or Junior School: Meadowlark

Lot Info

  • Zoning: RS20

Tax Info

  • Tax Annual Amount: 2337.24
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 0.9678

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2014
Closed on
Feb 20, 2015
Sold by
Hearl Eugene V and Hearl Loretta J
Bought by
Maxwell Seth W
Buyer's Agent
Karin Head
Head Realty Group, eXp Realty
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%
Current Estimated Value
$537,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,103
Avg. Annual Appreciation
6.46%
Original Mortgage
$200,000
Outstanding Balance
$149,485
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$387,618

Purchase Details

Closed on
Mar 10, 2006
Sold by
Williams Daniel W and Williams Melody C
Bought by
Hearl Eugene and Hearl Loretta J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
5.81%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 11, 2003
Sold by
Hunt Gary D and Hunt Brenda F
Bought by
Williams Daniel W and Williams Melody C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.42%
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
Maxwell Seth W $225,000 None Available
Hearl Eugene $230,000 None Available
Williams Daniel W $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maxwell Seth W $200,000
Previous Owner Hearl Eugene $23,000
Previous Owner Hearl Eugene $184,000
Previous Owner Williams Daniel W $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2015 02/20/15 Sold $275,000 -6.8% $83 / Sq Ft
01/10/2015 01/10/15 Pending -- -- --
11/30/2014 11/30/14 For Sale $295,000 -- $89 / 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 $2,786 $504,800 $88,600 $416,200
2024 $2,786 $295,200 $66,100 $229,100
2023 $2,786 $295,200 $66,100 $229,100
2022 $2,786 $295,200 $66,100 $229,100
2021 $2,771 $295,200 $66,100 $229,100
2020 $2,871 $284,900 $65,000 $219,900
2019 $2,900 $284,900 $65,000 $219,900
2018 $2,804 $284,900 $65,000 $219,900
2016 $2,386 $241,492 $55,650 $185,842
2015 $2,386 $241,492 $55,650 $185,842
2014 $2,347 $241,492 $55,650 $185,842
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 725448

Triad MLS

APN: 5886-22-6600