$130,000
SOLD SEP 3, 2021

3092 Ridgemeadow Dr Winston Salem, NC 27127

3 Beds
1.5 Baths
1,500 Sq Ft
1.02 Acres

Recently Sold

$87 Per Sq Ft

8 Days on Market

Highlights

  • No HOA
  • Storm Windows
  • Attached Carport
  • Porch
  • Tile Flooring
  • Central Air

About This Home

As of March 2025

Welcome to this three bedroom 1 1/2 bath investors dream. This brick ranch boasts southern charm throughout; complete with wood burning fire place! Home was completely updated in 2013 with laminate hardwood flooring, ceramic tiling, electrical, plumbing and HVAC. Home is tenant occupied, and has only had one tenant since 2013; tenant has paid on time with no problem- rent roll is about $10,200 per year; tenants lease does not expire until 7/31/2022. Agent is owner and Realtor

Co-Listed By

Teresa Overcash

Realty One Group Results License #173757

Realty One Group Results

Last Buyer's Agent

Lacie Holbrook

The W Group Real Estate License #312922

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,415

Year Built

  • Built in 1966

Lot Details

  • 1.02 Acre Lot
  • Property is zoned RS9

Parking

  • 1 Car Garage
  • Attached Carport
  • Basement Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,392 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Great Room with Fireplace
  • Unfinished Basement

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot LO012
  • Assessor Parcel Number 6822336645
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,415

Year Built

Built in 1966

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.02
  • Co List Office Mls Id: WRLTY101
  • Co List Office Phone: 336-262-3111
  • Subdivision Name: None
  • Directions: Peters Creek Parkway to Stafford Village Blvd to Old Salisbury Road to Ridgemeadow Dr
  • Above Grade Finished Sq Ft: 1392
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1966
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_AdCopy: Welcome to this three bedroom two bath investors dream. This brick ranch boasts southern charm throughout; complete with wood burning fire place! Home is tenant occupied, rent rolls about $10,200. Owner is realtor and listing agent.
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Laminate, Tile
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s)
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 1392
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Carport, Driveway, Attached Carport, Basement
  • Garage Description: Attached Carport, Basement Garage

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Storm Doors, Storm Windows

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6822336645
  • Zoning: RS9
  • TRIADMLS_PricePerAcre: 142156.8627
  • TRIADMLS_DeedPage: 02257
  • TRIADMLS_DeedBook: 003127
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1415
  • Tax Lot: LO012
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.3209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2025
Closed on
Mar 15, 2025
Sold by
Wiles Toby and Wiles Megan
Bought by
Shepard Robert and Shepard Kim
Seller's Agent
Lacie Holbrook
The W Group Real Estate
Buyer's Agent
Denise Marler
The Real Estate Agency
List Price
$269,900
Sold Price
$250,000
Premium/Discount to List
-$19,900
-7.37%
Views
62
Current Estimated Value
$248,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,207
Avg. Annual Appreciation
-0.99%
Original Mortgage
$209,000
Outstanding Balance
$208,302
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$40,558

Purchase Details

Listed on
Aug 10, 2021
Closed on
Sep 3, 2021
Sold by
Wax & Wane Llc
Bought by
Wiles Toby and Wiles Megan
Buyer's Agent
Lacie Holbrook
The W Group Real Estate
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.29%

Purchase Details

Listed on
Dec 29, 2012
Closed on
Jun 5, 2013
Sold by
The Secretary Of Hud
Bought by
Wax & Wane Llc
Buyer's Agent
Mustafa Shabazz
Fathom Realty Greensboro
List Price
$52,000
Sold Price
$40,000
Premium/Discount to List
-$12,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.36%

Purchase Details

Closed on
Sep 27, 2012
Sold by
Wells Fargo Bank
Bought by
The Secretary Of Hosuing And Urban Devel

Purchase Details

Closed on
Jun 13, 2008
Sold by
Ballard Jerry Frank and Ballard Diane T
Bought by
Sizemore Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,211
Interest Rate
6.02%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 22, 2003
Sold by
Ballard Roscoe L and Ballard Cora S
Bought by
Ballard J Frank
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

Date Type Sale Price Title Company
Warranty Deed $250,000 None Listed On Document
Warranty Deed $130,000 None Available
Special Warranty Deed -- None Available
Special Warranty Deed -- None Available
Warranty Deed $98,000 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $209,000 New Conventional
Previous Owner $130,000 New Conventional
Previous Owner $97,211 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 Sold $250,000 0.0% $180 / Sq Ft
02/16/2025 02/16/25 Pending -- -- --
02/13/2025 02/13/25 Price Changed $250,000 -7.4% $180 / Sq Ft
01/07/2025 01/07/25 For Sale $269,900 +107.6% $194 / Sq Ft
09/03/2021 09/03/21 Sold $130,000 +225.0% $108 / Sq Ft
06/06/2013 06/06/13 Sold $40,000 -23.1% $29 / Sq Ft
04/19/2013 04/19/13 Pending -- -- --
12/29/2012 12/29/12 For Sale $52,000 -- $37 / 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 $1,494 $111,600 $18,000 $93,600
2023 $1,494 $111,600 $18,000 $93,600
2022 $1,466 $111,600 $18,000 $93,600
2021 $1,440 $111,600 $18,000 $93,600
2020 $1,415 $102,500 $12,500 $90,000
2019 $1,426 $102,500 $12,500 $90,000
2018 $1,354 $102,500 $12,500 $90,000
2016 $1,269 $96,408 $12,500 $83,908
2015 $1,249 $96,408 $12,500 $83,908
2014 $1,212 $96,408 $12,500 $83,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1037871

Triad MLS

APN: 6822-33-6645