NOT LISTED FOR SALE

325 Hanover Arms Ct Unit 325 Winston Salem, NC 27104

Country Club Neighborhood

Estimated Value: $342,000 - $388,000

3 Beds
2.5 Baths
2,300 Sq Ft
$280/mo HOA Fee

Last Sold March 31, 2023

Last sale price $315,000 $137 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,497/month

25 Days on Market

Highlights

  • Outdoor Pool
  • Traditional Architecture
  • Solid Surface Countertops
  • Whitaker Elementary School Rated A-
  • Engineered Wood Flooring
  • Porch

About This Home

As of March 2023

Large 3-bedroom townhome-style condo in convenient location close to shopping, restaurants, and Salem Parkway. Completely renovated kitchen with Kitchen Center cabinets, granite counters, and island. Kitchen is open to light-filled dining room and den with glass doors to covered back patio. Large living room with electric fireplace, powder room and laundry complete the main level. Upstairs there are 3 bedrooms and 2 bathrooms. The oversized primary bedroom has a large walk-in closet. 11 x 25 Covered patio with privacy fence provides another seating area most of the year. Large outdoor storage area abuts the townhome. HOA maintains grounds, exterior of townhome and renovated swimming pool. HSA Home Warranty. New Trane heat pump.

Last Agent to Sell the Property

Suzanne Ramm

Berkshire Hathaway HomeServices Carolinas Realty License #277047 Listed on: 01/25/2023

Berkshire Hathaway HomeServices Carolinas Realty

Last Buyer's Agent

Charles Reece

Berkshire Hathaway HomeServices Carolinas Realty License #301918

Berkshire Hathaway HomeServices Carolinas Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,168

Year Built

  • Built in 1970

Lot Details

  • 871

HOA Fees

  • $280 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,125 Sq Ft Home
  • 1,900-2,300 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room with Fireplace
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • No Garage
  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Pool
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 325 / 6517
  • Assessor Parcel Number 6815955170
  • 1% Total Tax Rate

Community Details

Overview

  • Hanover Arms Condominium Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,168

Year Built

Built in 1970

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Subdivision Name: Hanover Arms Condominium
  • Directions: Salem Pkwy. W to Knollwood exit. Right on Knollwood. Turn left into Hanover Arms. townhome is in the center of the community.
  • Above Grade Finished Sq Ft: 2125
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Structure Type: Condominium
  • Year Built: 1970
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1900 - 2300
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Engineered
  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Solid Surface Counter
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2125
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: None, Privacy
  • Lot Features: City Lot
  • Pool Features: Community
  • Exclusions: All 3 Bathroom Mirrors.
  • Construction Type: Brick
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: Yes
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Assigned, Paved, No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 280
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 6815955170
  • Zoning: RM18
  • TRIADMLS_DeedPage: 3315
  • TRIADMLS_DeedBook: 2517
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 3168
  • Tax Block: 6517
  • Tax Lot: 325
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 1.3138

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2023
Closed on
Mar 30, 2023
Sold by
Teague Deborah G
Bought by
Welch Austin F
Seller's Agent
Suzanne Ramm
Berkshire Hathaway HomeServices Carolinas Realty
Buyer's Agent
Charles Reece
Berkshire Hathaway HomeServices Carolinas Realty
List Price
$330,000
Sold Price
$315,000
Premium/Discount to List
-$15,000
-4.55%
Views
90
Current Estimated Value
$360,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,299
Avg. Annual Appreciation
4.75%
Original Mortgage
$315,000
Outstanding Balance
$307,477
Interest Rate
6.32%
Mortgage Type
VA
Estimated Equity
$45,418

Purchase Details

Closed on
Oct 4, 2004
Sold by
Hanover Arms Llc
Bought by
Teague Deborah G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,120
Interest Rate
1.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Welch Austin F $315,000 --
Teague Deborah G $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Austin F $315,000
Previous Owner Teague Deborah G $100,000
Previous Owner Teague Deborah G $61,000
Previous Owner Teague Deborah G $30,000
Previous Owner Teague Deborah $15,000
Previous Owner Teague Deborah G $183,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $315,000 -4.5% $166 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
01/25/2023 01/25/23 For Sale $330,000 -- $174 / 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 $3,228 $241,100 $45,200 $195,900
2023 $3,228 $241,100 $45,200 $195,900
2022 $3,168 $241,100 $45,200 $195,900
2021 $2,893 $224,200 $45,200 $179,000
2020 $2,776 $201,000 $45,200 $155,800
2019 $2,796 $201,000 $45,200 $155,800
2018 $2,655 $201,000 $45,200 $155,800
2016 $2,706 $205,551 $67,838 $137,713
2015 $2,665 $205,551 $67,838 $137,713
2014 $2,584 $205,551 $67,838 $137,713
Source: Public Records

Agents Affiliated with this Home

  • Suzanne Ramm

    Seller's Agent in 2023

    Suzanne Ramm

    Berkshire Hathaway HomeServices Carolinas Realty

    (336) 706-5915

    7 in this area

    71 Total Sales

    Suzanne Ramm
    Section Image
  • Charles Reece

    Buyer's Agent in 2023

    Charles Reece

    Berkshire Hathaway HomeServices Carolinas Realty

    (336) 782-9778

    9 in this area

    87 Total Sales

    Charles Reece
    Section Image
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Map

Source: Triad MLS

MLS Number: 1094837

Triad MLS

APN: 6815-95-5170

North Carolina Forsyth County Winston-Salem 27104 Country Club

325 Hanover Arms Ct Unit 325, Winston-Salem, NC

This home is located at 325 Hanover Arms Ct Unit 325, Winston Salem, NC 27104 since 25 January 2023 and is currently estimated at $360,299, approximately $156 per square foot. This property was built in 1970. 325 Hanover Arms Ct Unit 325 is a home located in Forsyth County with nearby schools including Whitaker Elementary School, Wiley Magnet Middle School, and Reynolds High School.

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