NOT LISTED FOR SALE

282 Merrifield Way Winston Salem, NC 27127

Estimated Value: $635,169 - $655,000

3 Beds
3 Baths
3,440 Sq Ft
$187/Sq Ft Est. Value

Last Sold August 18, 2014

Last sale price $420,000 $122 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,690/month

135 Days on Market

Highlights

  • Traditional Architecture
  • Attic
  • Kitchen Island
  • Friedberg Elementary School Rated 9+
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2014

Fantastic custom brick home on over 1 acre in desirable Merrifield. Wonderful details throughout. ML master w/ heated floors in master bath. Custom kit and breakfast bar that opens to lrg great room. Screened porch overlooks lrg private fully fenced back yard. Impressive landscaping w/ lrg patio and outdoor stone fireplace. Freestanding brick studio/building offer so many options. Lrg den w/ built-ins on UL. Addtl room could be 4th bedrm Loads of storage & 3 car gar. WS address and Davidson county taxes!

Last Agent to Sell the Property

Clare Fader

Fader Real Estate at ERA Live Moore License #255648 Listed on: 03/03/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,803

Year Built

  • Built in 2004

Lot Details

  • 1.02 Acre Lot
  • Fenced
  • Property is zoned RA3

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,440 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Den with Fireplace
  • Kitchen Island
  • Dryer Hookup
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower

Utilities

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

Community Details

  • Property has a Home Owners Association
  • Merrifield Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 03004C0000005000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,803

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.02
  • Subdivision Name: Merrifield
  • Directions: Take Peters Creek Pky SW/NC150 to L-Hickory Tree Rd, R-Merrifield, House is on the right.
  • Above Grade Finished Sq Ft: 3440
  • Architectural Style: Traditional
  • Unit Levels: One and One Half
  • Year Built: 2004
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3440
  • TRIADMLS_PorchYN: No
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry, Separate Shower
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 3440
  • Main Level Bathrooms: 2
  • Attic Description: Access Only, Eave Storage
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Lighting, Garden
  • Fencing: None, Fenced
  • Exclusions: 2 Guest Room Curtain Hardware, Direct Tv Satellite Dish, Monitronics Security Hardware, W Speakers Upstairs Bonus Room
  • Construction Type: Brick, Vinyl Siding
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Driveway, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Parcel #: 03004C0000005000
  • Zoning: RA3
  • TRIADMLS_DeedPage: 0080
  • TRIADMLS_DeedBook: 02017

Tax Info

  • Tax Annual Amount: 2802.71
  • Tax Block: 0
  • Tax Lot: 5
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 0.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2014
Closed on
Aug 13, 2014
Sold by
Little Debra J
Bought by
Norman Olin E and Norman Marie Z
Seller's Agent
Clare Fader
Fader Real Estate at ERA Live Moore
List Price
$449,000
Sold Price
$420,000
Premium/Discount to List
-$29,000
-6.46%
Current Estimated Value
$644,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,292
Avg. Annual Appreciation
3.91%
Original Mortgage
$399,000
Outstanding Balance
$304,804
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$339,488

Purchase Details

Closed on
Apr 29, 2011
Sold by
Suntrust Bank
Bought by
Little Kevin D and Little Debra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2010
Sold by
Sipe Brett I and Sipe Shari L
Bought by
Suntrust Bank

Purchase Details

Closed on
Feb 1, 2005
Sold by
Quality Finish Carpentry Inc
Bought by
Sipe Brett J and Sipe Shari L

Purchase Details

Closed on
May 11, 2004
Sold by
Westview Development Company
Bought by
Quality Finish Carpentry Inc
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
Norman Olin E $420,000 None Available
Little Kevin D $355,000 Boston Natl Title Agency Llc
Suntrust Bank $341,615 None Available
Sipe Brett J -- None Available
Quality Finish Carpentry Inc $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norman Olin E $399,000
Previous Owner Little Kevin D $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2014 08/18/14 Sold $420,000 -6.5% $122 / Sq Ft
07/17/2014 07/17/14 Pending -- -- --
03/03/2014 03/03/14 For Sale $449,000 -- $131 / 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 $3,118 $479,600 $0 $0
2024 $3,023 $479,600 $0 $0
2023 $3,023 $479,600 $0 $0
2022 $2,929 $479,600 $0 $0
2021 $2,929 $479,600 $0 $0
2020 $2,578 $422,090 $0 $0
2019 $2,617 $422,090 $0 $0
2018 $2,617 $422,090 $0 $0
2017 $2,617 $422,090 $0 $0
2016 $2,617 $422,090 $0 $0
2015 $2,617 $422,090 $0 $0
2014 $2,803 $452,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 699043

Triad MLS

APN: 03-004-C-000-0005-0-0-0