NOT LISTED FOR SALE

3215 Swaim Rd Winston Salem, NC 27107

Estimated Value: $193,000 - $220,000

3 Beds
1.5 Baths
1,214 Sq Ft
$171/Sq Ft Est. Value

Last Sold April 12, 2013

Last sale price $40,000 $33 Per Sq Ft

Est. 420% increase in value since last sale

Current estimated payment $1,283/month

90 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Attached Carport

About This Home

As of April 2013

3 BEDROOM, 1.5 BATHROOM!! GREAT INVESTMENT PROPERTY! PROPERTY LISTED BELOW TAX VALUE! This property is approved for HomePath Renovation Mortgage Financing. Seller has directed all offers to be made using the online offer system on the HomePath website. See attachments.

Stan Martin

Piedmont, REALTORS License #229150 Listed on: 12/26/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1982

Lot Details

  • 0.25 Acre Lot
  • Property is zoned RS20

Parking

  • 2 Car Garage
  • Attached Carport

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,214 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Southeast Middle School
  • Glenn High School

Community Details

  • No Home Owners Association
  • Ravenwood Subdivision

Listing and Financial Details

  • Legal Lot and Block 035 / 5621A
  • Assessor Parcel Number 6863398799
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Subdivision Name: Ravenwood
  • Directions: HEAD NORTHEAST ON I-40 E TOWARD EXIT 203,EXIT 203 FOR NC 66 TOWARD KERNERSVILLE/HIGH POINT, LEFT ONTO NC 66N, LEFT TO MERGE ONTO I-40 W, TAKE EXIT 201 FOR UNION CROSS ROAD, LEFT ONTO UNION CROSS ROAD, RIGHT ONTO SWAIM ROAD,DESTINATION WILL BE ON RIGHT
  • Above Grade Finished Sq Ft: 1214
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1982
  • TRIADMLS_BuiltInformation: Estimated
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Living Area: 1214
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Construction Type: Brick, Vinyl Siding

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Cooling: Remarks
  • Heating: Baseboard, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Unknown
  • Energy Features: None

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Union Cross
  • High School: Glenn
  • Middle Or Junior School: Southeast

Lot Info

  • Parcel #: 6863398799
  • Zoning: RS20
  • TRIADMLS_DeedPage: 3730
  • TRIADMLS_DeedBook: 3094

Tax Info

  • Tax Annual Amount: 1268.5
  • Tax Block: 5621A
  • Tax Lot: 035
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 0.774

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2012
Closed on
Apr 2, 2013
Sold by
Fannie Mae
Bought by
Hernandez Fuentes Alex Humberto
Buyer's Agent
Stan Martin
Piedmont, REALTORS
List Price
$61,200
Sold Price
$40,000
Premium/Discount to List
-$21,200
-34.64%
Total Days on Market
90
Current Estimated Value
$207,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,888
Avg. Annual Appreciation
14.45%

Purchase Details

Closed on
Feb 14, 2008
Sold by
Ostrum Lawrence M and Ostrum Dawn M
Bought by
Bowman Allen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 2005
Sold by
Fearrington Billie C and Fearrington Tiffany M
Bought by
Ostrum Lawrence M and Ostrum Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 26, 2005
Sold by
Hud
Bought by
Fearrington Billie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 8, 2005
Sold by
Hammond Eldridge D and Hammond Glenda K
Bought by
Hud

Purchase Details

Closed on
Oct 27, 1999
Sold by
Scism Jacquelyn L and Ben Scism
Bought by
Hammond Eldridge D and Hammond Glenda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,800
Interest Rate
7.81%
Mortgage Type
FHA

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
Hernandez Fuentes Alex Humberto -- None Available
Bowman Allen G $111,000 None Available
Ostrum Lawrence M $107,000 --
Fearrington Billie C -- --
Hud $87,430 --
Hammond Eldridge D $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowman Allen G $111,000
Previous Owner Ostrum Lawrence M $107,000
Previous Owner Fearrington Billie C $68,800
Previous Owner Hammond Eldridge D $25,000
Previous Owner Hammond Eldridge D $15,514
Previous Owner Hammond Eldridge D $81,758
Previous Owner Hammond Eldridge D $81,800
Closed Fearrington Billie C $17,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2013 04/12/13 Sold $40,000 -34.6% $33 / Sq Ft
03/27/2013 03/27/13 Pending -- -- --
12/26/2012 12/26/12 For Sale $61,200 -- $50 / 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
2023 $1,422 $106,200 $23,000 $83,200
2022 $1,395 $106,200 $23,000 $83,200
2021 $1,370 $106,200 $23,000 $83,200
2020 $1,483 $107,400 $22,000 $85,400
2019 $1,494 $107,400 $22,000 $85,400
2018 $1,419 $107,400 $22,000 $85,400
2016 $1,428 $108,504 $22,000 $86,504
2015 $1,406 $108,504 $22,000 $86,504
2014 $1,364 $108,504 $22,000 $86,504
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 660303

Triad MLS

APN: 6863-39-8799