NOT LISTED FOR SALE

3483 Borum Dr Winston Salem, NC 27107

Estimated Value: $240,000 - $288,000

3 Beds
1.5 Baths
1,400 Sq Ft
$191/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $215,000 $154 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,624/month

4 Days on Market

About This Home

As of November 2021

Country living with city conveniences in Winston-Salem! This 3BD/1.5BA sits on almost half an acre on a dead end street convenient to I-74. Inside you will find an open floor plan that includes a spacious living room with brick fireplace, dining area, and brand new kitchen. Kitchen includes all new cabinets, granite counters, and stainless steel appliances. Luxury vinyl plank flooring runs through the main living areas and hallway. Bathrooms have new vanities, toilets, and flooring. Home has a 2 car carport, fenced yard, large outbuilding, and an unfinished basement. Improvements include new roof, gutters, HVAC, water heater, windows and lighting throughout. This home is move-in ready, it just needs you!

Last Agent to Sell the Property

Linda Lanier

Real Broker LLC License #197470 Listed on: 10/08/2021

Last Buyer's Agent

Micaela Wall

The W Group Real Estate License #317256

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,382

Year Built

  • Built in 1960

Lot Details

  • 0.46 Acre Lot
  • Property is zoned RS20

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,327 Sq Ft Home
  • 1,100-1,400 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Elvis Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6853599482
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,382

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Subdivision Name: Elvis Park
  • Directions: Take I-40 W to Ridgewood Rd. Take exit 56 from I-74 Take Ridgewood Ct and Presley Dr to Borum Dr Merge onto Ridgewood Rd Turn left onto Ridgewood Ct Turn right onto Presley Dr Turn right onto Borum Dr Destination will be on the right
  • Above Grade Finished Sq Ft: 1327
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1960
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1400
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1327
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6853599482
  • Zoning: RS20
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1382
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Nov 12, 2021
Sold by
Best Homes Of The Triad Llc
Bought by
Fernandez Brian
Seller's Agent
Linda Lanier
Real Broker LLC
Buyer's Agent
Micaela Wall
The W Group Real Estate
Sold Price
$215,000
Current Estimated Value
$267,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,004
Avg. Annual Appreciation
5.64%
Original Mortgage
$219,945
Outstanding Balance
$201,175
Interest Rate
3.01%
Mortgage Type
VA
Estimated Equity
$65,829

Purchase Details

Closed on
Apr 23, 2021
Sold by
Meador Kristen and Meador Kenneth Deane
Bought by
Best Homes Of The Triad Llc

Purchase Details

Closed on
Dec 31, 2001
Sold by
Hastings Harold D and Hastings Blanche M
Bought by
Meador Kenneth Deane and Meador Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,174
Interest Rate
6.72%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Fernandez Brian $215,000 None Available
Best Homes Of The Triad Llc $74,000 None Available
Meador Kenneth Deane $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Brian $219,945
Previous Owner Meador Kenneth Deane $88,174
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2021 11/15/21 Sold $215,000 -- $195 / 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 $2,728 $268,200 $39,000 $229,200
2024 $2,604 $194,500 $26,000 $168,500
2023 $2,604 $194,500 $26,000 $168,500
2022 $2,555 $194,500 $26,000 $168,500
2021 $1,341 $103,900 $26,000 $77,900
2020 $1,382 $100,100 $26,000 $74,100
2019 $1,392 $100,100 $26,000 $74,100
2018 $1,444 $109,300 $26,000 $83,300
2016 $853 $64,805 $20,000 $44,805
2015 $840 $64,805 $20,000 $44,805
2014 $814 $64,805 $20,000 $44,805
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 1045268

Triad MLS

APN: 6853-59-9482