NOT LISTED FOR SALE

318 Hanover Arms Ct Unit 318 Winston Salem, NC 27104

Country Club Neighborhood

Estimated Value: $278,776 - $287,000

2 Beds
2.5 Baths
1,295 Sq Ft
436 Sq Ft Lot

Last Sold May 14, 2021

Last sale price $192,000 $148 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,696/month

Highlights

  • Outdoor Pool
  • No HOA
  • Tile Flooring
  • Whitaker Elementary School Rated A-
  • Porch
  • Central Air

About This Home

As of December 2022

This beautiful 2-story townhome has so much space! Living room and dining room, plus a private back patio. Kitchen has all appliances along with a stack washer/dryer. Each bedroom has its own full bath. Neighborhood pool access. Come check out a key at our office today!

Last Agent to Rent the Property

Lora Myers

Ogburn Properties License #277993 Listed on: 11/11/2022

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,573

Year Built

  • Built in 1970

Lot Details

  • 436

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Outdoor Pool
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Laundry on upper level
  • Fenced

Listing and Financial Details

  • 12-Month Minimum Lease Term

Community Details

Overview

  • No Home Owners Association
  • Hanover Arms Condominium Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,573

Year Built

Built in 1970

Lot Details

0

Rental Info

  • Lease Term: 12 Months

Listing Details

  • Property Sub Type: Condo/Townhouse
  • Prop. Type: Residential Lease
  • Subdivision Name: Hanover Arms Condominium
  • Directions: Going West on Business 40 from Cloverdale, Take Knollwood St exit, right off Ramp, Almost immediate Left into Complex, 2nd Building on Right
  • Year Built: 1970
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Remarks, Electric Water Heater
  • Flooring: Carpet, Tile
  • Interior Amenities: Dead Bolt(s)
  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Fencing: Fenced
  • Lot Features: City Lot
  • Pool Features: Community
  • Construction Type: Brick
  • TRIADMLS_PoolYN: Yes

Garage/Parking

  • Parking Features: Deck, Paved

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Laundry Room - 2nd Level
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • TRIADMLS_AcresRange: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
May 6, 2021
Sold by
Kimel Jennie K and Hughett Clay
Bought by
Ho Yi Chieh and Wang Hao Chih
Seller's Agent
Jason Bragg
Leonard Ryden Burr Real Estate
Buyer's Agent
Henry Edwards
Redfin Corporation
Sold Price
$192,000
Current Estimated Value
$283,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,194
Avg. Annual Appreciation
9.10%
Original Mortgage
$153,600
Outstanding Balance
$138,904
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$144,290

Purchase Details

Listed on
Sep 30, 2016
Closed on
Apr 24, 2017
Sold by
Spencerr Christy Cox and Spencer William L
Bought by
Kimei Jennie K
Seller's Agent
Mark Maxwell
eXp Realty
Buyer's Agent
Jason Bragg
Leonard Ryden Burr Real Estate
List Price
$175,000
Sold Price
$154,000
Premium/Discount to List
-$21,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$40,042,393
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2006
Sold by
Adler Marjorie A
Bought by
Spencer Christy Cox

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,500
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2004
Sold by
Hanover Arms Llc
Bought by
Adler Marjorie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
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
Ho Yi Chieh $192,000 First American Mortgage Sln
Kimei Jennie K $154,000 None Available
Spencer Christy Cox $168,000 None Available
Adler Marjorie A $164,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ho Yi Chieh $153,600
Previous Owner Kimei Jennie K $40,042,393
Previous Owner Spencer Christy Cox $158,500
Previous Owner Adler Marjorie A $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/07/2022 12/07/22 Rented $1,650 0.0% --
11/11/2022 11/11/22 For Rent $1,650 0.0% --
05/14/2021 05/14/21 Sold $192,000 +24.7% $175 / Sq Ft View Prior Sale
05/01/2017 05/01/17 Sold $154,000 -12.0% $140 / Sq Ft View Prior Sale
03/22/2017 03/22/17 Pending -- -- --
09/30/2016 09/30/16 For Sale $175,000 -- $159 / 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 $2,573 $271,200 $40,000 $231,200
2024 $2,455 $183,400 $33,500 $149,900
2023 $2,455 $183,400 $33,500 $149,900
2022 $2,410 $183,400 $33,500 $149,900
2021 $2,135 $165,500 $33,500 $132,000
2020 $1,903 $137,800 $33,500 $104,300
2019 $1,917 $137,800 $33,500 $104,300
2018 $1,820 $137,800 $33,500 $104,300
2016 $1,925 $146,331 $50,250 $96,081
2015 $1,896 $146,331 $50,250 $96,081
2014 -- $146,331 $50,250 $96,081
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1089744

Triad MLS

APN: 6815-95-4384