NOT LISTED FOR SALE

334 Summergate Dr Unit 9 Winston Salem, NC 27103

Salem Woods Neighborhood

Estimated Value: $222,000 - $258,000

2 Beds
2.5 Baths
1,280 Sq Ft
$184/Sq Ft Est. Value

Last Sold August 17, 2012

Last sale price $88,000 $69 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $1,494/month

142 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Ceiling Fan
  • Wood Flooring
  • 1 Car Attached Garage

About This Home

As of August 2012

Open floor plan on main level great for entertaining, wood laminate floors, enclosed porch. New paint, flooring and appliances. This is a Fannie Mae HomePath property and may be purchased for as little as 3% down! Approved for HomePath Mortgage Financing and HomePath Renovation Mortgage Financing. Seller has directed all offers be made using the HomePath Online Offer System at the HomePath website. See attachments for instructions.Repairs to sunroom in progress.

Last Agent to Sell the Property

Jerri Banner

Banner Team Properties Brokered by EXP Realty License #187266 Listed on: 03/13/2012

Banner Team Properties Brokered by EXP Realty

Last Buyer's Agent

Missy Farrell

Village Realty License #271098

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,564

Year Built

  • Built in 2006

Lot Details

  • 436

HOA Fees

  • $98 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,280 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Porch
  • 436 Sq Ft Lot

Community Details

  • Hillcrest Subdivision

Listing and Financial Details

  • Legal Lot and Block 009 / 6586
  • Assessor Parcel Number 6804704670
  • 1% Total Tax Rate

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,564

Year Built

Built in 2006

Lot Details

0

HOA Fees

$98 per month

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.01
  • Subdivision Name: Hillcrest
  • Directions: I-40 West to Hanes Mall Blvd, R on Stratford, straight 1 mile to R on Hillcrest Center Dr, L on Hillcrest Center Ct, home on R.
  • Above Grade Finished Sq Ft: 1280
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Structure Type: Townhouse
  • Year Built: 2006
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1280
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1280
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: None
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 97.5
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 6804704670
  • Zoning: MU-S

Tax Info

  • Tax Annual Amount: 1563.79
  • Tax Block: 6586
  • Tax Lot: 009
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 1.149

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2012
Sold by
Ching Ricky Tong King and Ching Brittany King
Bought by
Federal National Mortgage Association
Current Estimated Value
$234,941

Purchase Details

Closed on
Nov 30, 2006
Sold by
Hillcrest Townhouses Llc
Bought by
Ching Ricky T King

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
Federal National Mortgage Association $136,270 None Available
Ching Ricky T King $134,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ching Ricky T King $134,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2012 08/17/12 Sold $88,000 -30.2% $69 / Sq Ft
08/03/2012 08/03/12 Pending -- -- --
03/13/2012 03/13/12 For Sale $126,000 -- $98 / 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 $2,007 $241,200 $38,000 $203,200
2024 $1,916 $143,100 $24,000 $119,100
2023 $1,916 $143,100 $24,000 $119,100
2022 $1,880 $143,100 $24,000 $119,100
2021 $1,846 $143,100 $24,000 $119,100
2020 $1,569 $113,600 $18,000 $95,600
2019 $1,580 $113,600 $18,000 $95,600
2018 $1,501 $113,600 $18,000 $95,600
2016 $1,371 $104,159 $18,000 $86,159
2015 $1,350 $104,159 $18,000 $86,159
2014 $1,310 $104,159 $18,000 $86,159
Source: Public Records

Agents Affiliated with this Home

  • Jerri Banner

    Seller's Agent in 2012

    Jerri Banner

    Banner Team Properties Brokered by EXP Realty

    (336) 409-0724

    7 in this area

    321 Total Sales

    Jerri Banner
    Section Image
  • Missy Farrell

    Buyer's Agent in 2012

    Missy Farrell

    Village Realty

    (336) 469-8055

    2 in this area

    122 Total Sales

    Missy Farrell
    Section Image
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Map

Source: Triad MLS

MLS Number: 636915

Triad MLS

APN: 6804-70-4670

North Carolina Forsyth County Winston-Salem 27103 Salem Woods

334 Summergate Dr Unit 9, Winston-Salem, NC

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