NOT LISTED FOR SALE

3031 Magazine Dr Winston Salem, NC 27106

Reynolda Park Neighborhood

Estimated Value: $414,000 - $440,000

4 Beds
3 Baths
2,700 Sq Ft
$157/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $285,000 $106 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,530/month

3 Days on Market

Highlights

  • Den with Fireplace
  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Attic Fan
  • Ceiling Fan

About This Home

As of March 2021

SHOWINGS BEGIN FEBRUARY 6; Don't miss this lovely, well-maintained ranch with professionally landscaped yard tucked in desirable Hope Valley neighborhood. Conveniently located near WFU, hospitals and downtown, this home boasts 4 large bedrooms, beautiful eat-in kitchen with side entrance access to garden, relaxing, screened-in porch off of large den with 10' ceilings. TONS of storage with walk-in attic, unfinished basement and 2-car garage.

Last Agent to Sell the Property

Julie Long

Berkshire Hathaway HomeServices Carolinas Realty License #319879 Listed on: 02/05/2021

Berkshire Hathaway HomeServices Carolinas Realty

Last Buyer's Agent

Leigh U. Cortesis

Berkshire Hathaway HomeServices Carolinas Realty License #227476

Berkshire Hathaway HomeServices Carolinas Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,002

Year Built

  • Built in 1968

Lot Details

  • 0.4 Acre Lot
  • Property is zoned RS9

Parking

  • 2 Car Garage
  • Basement Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2,559 Sq Ft Home
  • 2,300-2,700 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Den with Fireplace
  • 2 Fireplaces
  • Finished Basement
  • Fireplace in Basement
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Attic

  • Attic Fan
  • Walk-In Attic
  • Permanent Attic Stairs

Utilities

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

Community Details

  • No Home Owners Association
  • Hope Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6816777986
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,002

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.4
  • Lot Size: 17,424 sq feet
  • Subdivision Name: Hope Valley
  • Directions: Silas Creek North, Left on Hope Valley Road, Right onto Magazine Drive. House on the right.
  • Above Grade Finished Sq Ft: 2559
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1968
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 400 - 600
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2300 - 2700
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Exhaust Fan, Slide-In Oven/Range, Gas Water Heater, Humidifier
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Interior Attic Fan, Tile Counters
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 503
  • Fireplace Features: Basement, Den
  • Fireplaces: 2
  • Living Area: 2559
  • Main Level Bathrooms: 2
  • Attic Description: Permanent Stairs, Walk in Attic
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsLower: 1

Exterior Features

  • Exterior Features: Garden
  • Fencing: Invisible
  • Lot Features: Subdivided
  • Pool Features: None
  • Construction Type: Brick, Wood Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6816777986
  • Zoning: RS9
  • TRIADMLS_PricePerAcre: 680000
  • TRIADMLS_DeedPage: 00825
  • TRIADMLS_DeedBook: 003227
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 3002.08
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.3809

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Mar 31, 2021
Sold by
Blackwell Andrew T and Blackwell Sarah J
Bought by
Musser Timothy G and Musser Lindsay M
Seller's Agent
Julie Long
Berkshire Hathaway HomeServices Carolinas Realty
Buyer's Agent
Leigh U. Cortesis
Berkshire Hathaway HomeServices Carolinas Realty
Sold Price
$285,000
Current Estimated Value
$423,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,137
Avg. Annual Appreciation
8.82%
Original Mortgage
$228,000
Outstanding Balance
$207,463
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$208,100

Purchase Details

Listed on
Mar 25, 2015
Closed on
Apr 21, 2015
Sold by
Ryan Florence June and Rau Bruce W
Bought by
Blackwell Andrew T and Blackwell Sarah J
Seller's Agent
Jason Bragg
Leonard Ryden Burr Real Estate
Buyer's Agent
George Munford
Berkshire Hathaway HomeServices Carolinas Realty
List Price
$199,000
Sold Price
$192,000
Premium/Discount to List
-$7,000
-3.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$172,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 1984
Bought by
Ryan and Rau
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Musser Timothy G $285,000 None Available
Blackwell Andrew T $192,000 None Available
Ryan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musser Timothy G $228,000
Previous Owner Blackwell Andrew T $19,000
Previous Owner Blackwell Andrew T $172,000
Previous Owner Rau Bruce W $137,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $285,000 +48.4% $124 / Sq Ft
04/24/2015 04/24/15 Sold $192,000 -3.5% $83 / Sq Ft
03/27/2015 03/27/15 Pending -- -- --
03/25/2015 03/25/15 For Sale $199,000 -- $87 / 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
2024 $3,315 $247,600 $39,600 $208,000
2023 $3,315 $247,600 $39,600 $208,000
2022 $3,253 $247,600 $39,600 $208,000
2021 $3,035 $235,200 $39,600 $195,600
2020 $3,002 $217,400 $36,300 $181,100
2019 $3,024 $217,400 $36,300 $181,100
2018 $2,872 $217,400 $36,300 $181,100
2016 $2,835 $215,416 $42,525 $172,891
2015 $2,792 $215,416 $42,525 $172,891
2014 -- $215,416 $42,525 $172,891
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Julie Long

    Berkshire Hathaway HomeServices Carolinas Realty

    (336) 408-7235

    1 in this area

    11 Total Sales

    Julie Long
    Section Image
  • Leigh U. Cortesis

    Buyer's Agent in 2021

    Leigh U. Cortesis

    Berkshire Hathaway HomeServices Carolinas Realty

    (336) 462-0179

    11 in this area

    116 Total Sales

    Leigh U. Cortesis
    Section Image

  • J

    Seller's Agent in 2015

    Jason Bragg

    Leonard Ryden Burr Real Estate

    (336) 813-1818

    7 in this area

    338 Total Sales

    Jason Bragg
    Section Image

  • G

    Buyer's Agent in 2015

    George Munford

    Berkshire Hathaway HomeServices Carolinas Realty

    (336) 782-1831

    1 in this area

    92 Total Sales

    George Munford
    Section Image
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Map

Source: Triad MLS

MLS Number: 1011840

Triad MLS

APN: 6816-77-7986

North Carolina Forsyth County Winston-Salem 27106 Reynolda Park

3031 Magazine Dr, Winston-Salem, NC

This home is located at 3031 Magazine Dr, Winston Salem, NC 27106 since 05 February 2021 and is currently estimated at $423,137, approximately $156 per square foot. This property was built in 1968. 3031 Magazine Dr is a home located in Forsyth County with nearby schools including Speas Elementary School, Paisley IB Magnet School, and Mount Tabor High School.

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