NOT LISTED FOR SALE

2833 Gateshead Dr Winston Salem, NC 27106

Estimated Value: $846,000 - $1,178,031

4 Beds
4.5 Baths
5,500 Sq Ft
$190/Sq Ft Est. Value

Last Sold August 28, 2018

Last sale price $500,000 $91 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $6,320/month

145 Days on Market

Highlights

  • Outdoor Pool
  • Built-In Refrigerator
  • Den with Fireplace
  • Whitaker Elementary School Rated A-
  • Contemporary Architecture
  • No HOA

About This Home

As of August 2018

Located on .67 acre culdesac lot in premier Old Town Club neighborhood. Seller has vacated the property. Will sell "as is" for $500,000. Happy to share inspection reports and repair receipts with interested parties. No secrets here. Systems (including pool) are in good working order. With some cosmetics, this will be the home of a happy family for years to come. Priced $200,000 under tax value!

Last Agent to Sell the Property

Paige Dillon

Berkshire Hathaway HomeServices Carolinas Realty License #106056 Listed on: 02/22/2018

Berkshire Hathaway HomeServices Carolinas Realty

Last Buyer's Agent

Jason Bragg

Leonard Ryden Burr Real Estate License #274647

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,322

Year Built

  • Built in 1983

Lot Details

  • 0.67 Acre Lot
  • Lot Dimensions are 94 x 158 x 239 x 168 x 45 x 50
  • Cul-De-Sac
  • Level Lot
  • Sprinkler System
  • Property is zoned RS9

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • 5,234 Sq Ft Home
  • 4,700-5,500 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Den with Fireplace
  • 2 Fireplaces
  • Finished Basement

Kitchen

  • Double Convection Oven
  • Built-In Refrigerator
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Outdoor Pool
  • Porch

Schools

  • Whitaker High School

Utilities

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

Community Details

  • No Home Owners Association
  • Buena Vista Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6826561624
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,322

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.67
  • Lot Size: 94 x 158 x 239 x 168 x 45 x 50
  • Subdivision Name: Buena Vista
  • Directions: Robinhood to Coliseum; Left Old Town Club Road; Right Gateshead - end of cul-de-sac on right
  • Above Grade Finished Sq Ft: 5234
  • Architectural Style: Contemporary
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1983
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 1500 - 1900
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 4700 - 5500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Built-In Refrigerator, Convection Oven, Dishwasher, Double Oven, Electric Water Heater
  • Flooring: Carpet, Tile
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1746
  • Fireplace Features: Gas Log, Den
  • Fireplaces: 2
  • Living Area: 5234
  • Main Level Bathrooms: 2
  • TRIADMLS_HalfBathsLower: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Lighting, Sprinkler System
  • Fencing: Privacy
  • Lot Features: Cul-De-Sac, Level
  • Pool Features: Private
  • Construction Type: Wood Siding
  • TRIADMLS_PoolYN: Yes
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Zoned, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Whitaker

Lot Info

  • Parcel #: 6826561624
  • Zoning: RS9
  • TRIADMLS_PricePerAcre: 746268.6567
  • TRIADMLS_DeedPage: 1541
  • TRIADMLS_DeedBook: 1788
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 9322
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.3209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2018
Closed on
Aug 27, 2018
Sold by
Gannaway Michael T and Gannaway Susan A
Bought by
Hemp Jeanette H and Hemp Ross Mccutchen
Seller's Agent
Paige Dillon
Berkshire Hathaway HomeServices Carolinas Realty
Buyer's Agent
Jason Bragg
Leonard Ryden Burr Real Estate
List Price
$630,000
Sold Price
$500,000
Premium/Discount to List
-$130,000
-20.63%
Current Estimated Value
$1,045,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$545,008
Avg. Annual Appreciation
11.40%
Original Mortgage
$500,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 1993
Bought by
Gannaway and Gannaway
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
Hemp Jeanette H $500,000 None Available
Gannaway $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hemp Jeanette H $486,000
Closed Hemp Jeanette H $500,000
Previous Owner Gannaway Michael T $391,517
Previous Owner Gannaway Michael T $417,000
Previous Owner Gannaway Michael T $494,000
Previous Owner Gannaway Michael T $494,000
Previous Owner Gannaway Michael T $487,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2018 08/28/18 Sold $500,000 -20.6% $106 / Sq Ft
07/18/2018 07/18/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $630,000 0.0% $134 / Sq Ft
10/20/2016 10/20/16 Rented $2,400 -14.3% --
10/19/2016 10/19/16 Under Contract -- -- --
08/23/2016 08/23/16 For Rent $2,800 -- --
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
2024 $9,028 $674,300 $332,500 $341,800
2023 $9,028 $674,300 $332,500 $341,800
2022 $8,859 $674,300 $332,500 $341,800
2021 $8,700 $674,300 $332,500 $341,800
2020 $7,692 $557,000 $234,000 $323,000
2019 $7,747 $557,000 $234,000 $323,000
2018 $9,322 $0 $0 $0
2016 $9,774 $742,734 $267,188 $475,546
2015 $9,625 $742,734 $267,188 $475,546
2014 $9,334 $742,734 $267,188 $475,546
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 875158

Triad MLS

APN: 6826-56-1624