NOT LISTED FOR SALE

3462 Borum Dr Winston Salem, NC 27107

Estimated Value: $271,000 - $330,000

3 Beds
2.5 Baths
1,900 Sq Ft
$158/Sq Ft Est. Value

Last Sold July 16, 2020

Last sale price $196,000 $103 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,790/month

5 Days on Market

Highlights

  • Partially Wooded Lot
  • Cul-De-Sac
  • Central Air
  • No HOA
  • Tile Flooring
  • Level Lot

About This Home

As of July 2020

Must see this newly renovated 3 bedroom 2.5 bathroom, brick ranch-style home. New cabinets and granite countertops, new paint and floors throughout. Great basement for workshop, wood stove in basement for supplemental heat. Nice, large, end lot. Broker is owner.

Last Buyer's Agent

Clarence Harris

R&B Legacy Group License #303469

R&B Legacy Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,685

Year Built

  • Built in 1962

Lot Details

  • 1.15 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned RS20

Parking

  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,717 Sq Ft Home
  • 1,500-1,900 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Unfinished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Wood
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Hidden Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6853596071
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,685

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.15
  • Subdivision Name: Hidden Valley
  • Directions: From I-74 E/US-311 S: Take exit 56 onto Ridgewood Rd, turn left onto Ridgewood Ct, turn right onto Presley Dr, turn right onto Borum Dr. Property is the last house on the left.
  • Above Grade Finished Sq Ft: 1717
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1962
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1500 - 1900
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Tile, Vinyl
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1717
  • Main Level Bathrooms: 3
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Lot Features: City Lot, Cleared, Cul-De-Sac, Dead End, Level, Partially Wooded
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump, Wood, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, Wood Fuel
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6853596071
  • Zoning: RS20
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1685
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 1.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Jul 16, 2020
Sold by
Delarco Inc
Bought by
Keathley Jane
Buyer's Agent
Clarence Harris
R&B Legacy Group
Sold Price
$196,000
Current Estimated Value
$299,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,920
Avg. Annual Appreciation
8.37%

Purchase Details

Closed on
Mar 11, 2020
Sold by
Graymoore Llc
Bought by
Delarco Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 16, 2020
Sold by
Wells Paul Ryan and Suntrust Bank
Bought by
Gray Moore Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 2014
Sold by
Gobble Ricky H and Gobble Marlyn H
Bought by
Wells Paul Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2014
Sold by
Thompson Bryan C and Estate Of Angeline Hayes
Bought by
Gobble Ricky H
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
Keathley Jane $196,000 None Available
Delarco Inc $110,000 None Available
Gray Moore Llc $89,848 None Available
Wells Paul Ryan $82,000 None Available
Gobble Ricky H $52,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Delarco Inc $120,000
Previous Owner Wells Paul Ryan $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2020 07/16/20 Sold $196,000 -- $131 / 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 $2,640 $279,100 $46,800 $232,300
2024 $2,640 $197,200 $28,400 $168,800
2023 $2,640 $197,200 $28,400 $168,800
2022 $2,591 $197,200 $28,400 $168,800
2021 $2,544 $197,200 $28,400 $168,800
2020 $1,674 $121,200 $28,400 $92,800
2019 $1,686 $121,200 $28,400 $92,800
2018 $1,601 $121,200 $28,400 $92,800
2016 $1,134 $86,208 $21,850 $64,358
2015 $1,117 $86,208 $21,850 $64,358
2014 $1,031 $81,963 $21,850 $60,113
Source: Public Records

Agents Affiliated with this Home

  • C

    Buyer's Agent in 2020

    Clarence Harris

    R&B Legacy Group

    (336) 466-8112

    43 Total Sales

    Clarence Harris
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Map

Source: Triad MLS

MLS Number: 981352

Triad MLS

APN: 6853-59-6071

North Carolina Forsyth County Winston-Salem 27107

3462 Borum Dr, Winston-Salem, NC

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