NOT LISTED FOR SALE

302 Palace Dr Winston Salem, NC 27107

Estimated Value: $261,000 - $329,453

3 Beds
2.5 Baths
2,100 Sq Ft
$141/Sq Ft Est. Value

Sale Details

Date Sold: August 31, 2018

Last sale price $161,000 $77 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,709 / mo

10 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Attached Carport
  • Solid Surface Countertops
  • Fireplace in Basement
  • Outdoor Storage

About This Home

As of August 2018

A MUST SEE! Great home with over 1,900 sqft., located in the Oak Grove school district just minutes away from Hwy 52. Updates included roof, gas logs, dishwasher, outbuilding and fresh paint.

Last Agent to Sell the Property

Susan Smith

John Kennedy Realty LLC License #240988 Listed on: 07/12/2018

Last Buyer's Agent

Jimmy Barrett

RE/MAX Preferred Properties License #195029

RE/MAX Preferred Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $895

Year Built

  • Built in 1978

Lot Details

  • 0.6

Parking

  • 2 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Masonite

Interior Spaces

  • 1,983 Sq Ft Home
  • 1,700-2,100 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Den with Fireplace
  • Pull Down Stairs to Attic
  • Carbon Monoxide Detectors
  • Washer and Dryer Hookup

Kitchen

  • Free-Standing Range
  • Range Hood
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Fireplace in Basement
  • Laundry in Basement

Schools

  • Oak Grove Middle School
  • Oak Grove High School

Utilities

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

Additional Features

  • Outdoor Storage
  • 26,136 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Palace Acres Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 13005A00D0009000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$895

Year Built

Built in 1978

Lot Details

0.6 Acres

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.6
  • Subdivision Name: Palace Acres
  • Directions: From Winston Hwy 52 South, Exit 103 (S Main/US-Old 52 S) turn Left. Follow US-52 South about 2.2 miles Palace Dr on right.
  • Above Grade Finished Sq Ft: 1983
  • Architectural Style: Split Level
  • Unit Levels: Multi/Split
  • Structure Type: House
  • Year Built: 1978
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1700 - 2100
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Range Hood, Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Solid Surface Counter
  • Has Basement: Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Basement, Den
  • Fireplaces: 1
  • Living Area: 1983
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Pool Features: None
  • Construction Type: Brick, Masonite
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Attached Carport
  • Garage Description: Attached Carport

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Midway
  • High School: Oak Grove
  • Middle Or Junior School: Oak Grove

Lot Info

  • Parcel #: 13005A00D0009000
  • Zoning: SFR
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 895
  • Tax Lot: 9
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 0.6978

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2018
Closed on
Aug 31, 2018
Sold by
Bought by
Seller's Agent
Susan Smith
John Kennedy Realty LLC
Buyer's Agent
Jimmy Barrett
RE/MAX Preferred Properties
List Price
$159,900
Sold Price
$161,000
Premium/Discount to List
$1,100
0.69%
Current Estimated Value
$296,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,363
Avg. Annual Appreciation
8.12%
Original Mortgage
$104,650
Outstanding Balance
$78,086
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$218,277

Purchase Details

Closed on
Feb 7, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,510
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2003
Bought by

Purchase Details

Closed on
Dec 1, 1978
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$161,000 None Available
$123,000 None Available
-- --
$51,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $104,650
Previous Owner $125,510
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $161,000 +0.7% $95 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
07/12/2018 07/12/18 For Sale $159,900 -- $94 / Sq Ft
Source: Triad MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,328 $187,210 $0 $0
2024 $1,328 $187,210 $0 $0
2023 $1,328 $187,210 $0 $0
2022 $1,287 $187,210 $0 $0
2021 $1,287 $187,210 $0 $0
2020 $888 $129,200 $0 $0
2019 $901 $129,200 $0 $0
2018 $895 $128,250 $0 $0
2017 $895 $128,250 $0 $0
2016 $866 $124,150 $0 $0
2015 $866 $124,150 $0 $0
2014 $949 $137,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 894381

Triad MLS

APN: 13-005-A-00D-0009-0-0-0

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