NOT LISTED FOR SALE

3505 Wakefield Dr Winston Salem, NC 27106

Forest Hills Neighborhood

Estimated Value: $236,000 - $299,000

3 Beds
2 Baths
1,600 Sq Ft
$167/Sq Ft Est. Value

Last Sold December 15, 2015

Last sale price $70,000 $44 Per Sq Ft

Est. 282% increase in value since last sale

Current estimated payment $1,602/month

251 Days on Market

Highlights

  • Living Room with Fireplace
  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Porch
  • Ceiling Fan

About This Home

As of December 2015

Check out this ranch style house situated on large corner lot located near Wake Forest. Living room, open den/dining area, spacious bedrooms, built in storage and cozy fireplace in living room and den. 1 car basement garage and storage area. Property sold as is.

Last Agent to Sell the Property

Jimmy Barrett

RE/MAX Preferred Properties License #195029 Listed on: 02/05/2015

RE/MAX Preferred Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,494

Year Built

  • Built in 1955

Lot Details

  • 0.51 Acre Lot
  • Property is zoned RS9

Parking

  • 1 Car Garage
  • Basement Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 1,300-1,600 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace
  • Storm Doors
  • Dryer Hookup
  • Unfinished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 114B / 2306
  • Assessor Parcel Number 6827604695
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,494

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.51
  • Directions: University Pkwy, R N Cherry, L Brookwood, R Wakefield
  • Above Grade Finished Sq Ft: 1500
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1955
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1600
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s)
  • Has Basement: Unfinished, Basement, Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Den, Living Room
  • Fireplaces: 2
  • Living Area: 1500
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: Privacy
  • Construction Type: Wood Siding

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, In Basement, Washer Hookup
  • Security: Security System
  • Cooling: Central Air
  • Heating: Forced Air, Oil
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Oil
  • Water Heater: Electric
  • Energy Features: Insulated Windows, Storm Doors

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6827604695
  • Zoning: RS9
  • TRIADMLS_PricePerAcre: 186078.4314
  • TRIADMLS_DeedPage: 1149
  • TRIADMLS_DeedBook: 1136

Tax Info

  • Tax Annual Amount: 1494.34
  • Tax Block: 2306
  • Tax Lot: 114B
  • Tax Map Number: 624870
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 1.2568

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2015
Closed on
Dec 9, 2015
Sold by
Guth Jack Stephen and Estate Of James R Adams
Bought by
Carros Investments Llc
Seller's Agent
Jimmy Barrett
RE/MAX Preferred Properties
List Price
$124,900
Sold Price
$70,000
Premium/Discount to List
-$54,900
-43.96%
Current Estimated Value
$267,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,318
Avg. Annual Appreciation
14.76%
Original Mortgage
$61,200
Outstanding Balance
$48,705
Interest Rate
3.98%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$218,613

Purchase Details

Closed on
Sep 26, 1974
Bought by
Adams
Source: Public Records

Range of Values:

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Average Value
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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
Carros Investments Llc $70,000 None Available
Adams -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carros Investments Llc $61,200
Closed Carros Investments Llc $61,200
Previous Owner Adams James R $21,000
Previous Owner Adams James R $115,959
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2015 12/15/15 Sold $70,000 -44.0% $54 / Sq Ft
10/15/2015 10/15/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $124,900 -- $96 / 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 $1,781 $133,000 $40,600 $92,400
2023 $1,781 $133,000 $40,600 $92,400
2022 $1,747 $133,000 $40,600 $92,400
2021 $1,716 $133,000 $40,600 $92,400
2020 $1,026 $74,300 $34,400 $39,900
2019 $1,033 $74,300 $34,400 $39,900
2018 $981 $74,300 $34,400 $39,900
2016 $1,565 $118,933 $34,375 $84,558
2015 $1,541 $118,933 $34,375 $84,558
2014 $1,494 $118,933 $34,375 $84,558
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Barrett

    Seller's Agent in 2015

    Jimmy Barrett

    RE/MAX

    (336) 399-5773

    69 Total Sales

    Jimmy Barrett
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Map

Source: Triad MLS

MLS Number: 730416

Triad MLS

APN: 6827-60-4695

North Carolina Forsyth County Winston-Salem 27106 Forest Hills

3505 Wakefield Dr, Winston-Salem, NC

This home is located at 3505 Wakefield Dr, Winston Salem, NC 27106 since 05 February 2015 and is currently estimated at $267,318, approximately $167 per square foot. This property was built in 1955. 3505 Wakefield Dr is a home located in Forsyth County with nearby schools including Speas Elementary School, Paisley IB Magnet School, and Mount Tabor High School.

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