NOT LISTED FOR SALE

3506 Cedartree Terrace Winston Salem, NC 27127

Estimated Value: $238,000 - $272,987

3 Beds
2.5 Baths
2,100 Sq Ft
$122/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $215,000 $102 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,507/month

28 Days on Market

Highlights

  • No HOA
  • Ceiling Fan
  • Concrete Flooring
  • Cul-De-Sac

About This Home

As of April 2022

Check out this great split foyer in a quiet cul de sac. Greeted by a fireplace in the living room adjacent to the large kitchen and dining area. This home has potential to be a dream home, with a little TLC. Possibilities are endless overlooking the backyard. Finished basement plus a bonus room gives great entertainment opportunities. Sold as-is.
Allowance of $2500 for removal of carpet and wallpaper.

Last Agent to Sell the Property

Rakis Bailey

eXp Realty License #317237 Listed on: 03/04/2022

eXp Realty

Co-Listed By

Tasha Rawls

RAWLS License #318667

Last Buyer's Agent

James Davis

Keller Williams One License #268256

Keller Williams One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,662

Year Built

  • Built in 1985

Lot Details

  • 0.3 Acre Lot
  • Cul-De-Sac
  • Property is zoned RS9

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,988 Sq Ft Home
  • 1,700-2,100 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Dryer Hookup

Kitchen

  • Convection Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • No Garage
  • Driveway

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Twin Cedars Subdivision

Listing and Financial Details

  • Tax Lot 52
  • Assessor Parcel Number 6823604349
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,662

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Co List Office Mls Id: WERL05
  • Co List Office Phone: 888-584-9431
  • Subdivision Name: Twin Cedars
  • Directions: From Peters Creek Pkwy, R on Kestevens, L on Cedartree
  • Above Grade Finished Sq Ft: 1988
  • Architectural Style: Split Level
  • Unit Levels: Multi/Split
  • Structure Type: House
  • Year Built: 1985
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1700 - 2100
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Convection Oven, Dishwasher, Disposal, Electric Water Heater
  • Flooring: Carpet, Concrete
  • Interior Amenities: Ceiling Fan(s)
  • Has Basement: Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1988
  • Main Level Bathrooms: 2
  • TRIADMLS_HalfBathsLower: 1
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: Cul-De-Sac
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway, No Garage
  • Garage Description: None

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6823604349
  • Zoning: RS9
  • TRIADMLS_PricePerAcre: 664000
  • TRIADMLS_PlatPage: 120
  • TRIADMLS_DeedPage: 04817
  • TRIADMLS_DeedBook: 001822
  • TRIADMLS_PlatBook: 26
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1661.78
  • Tax Lot: 52
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1.2902

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
Apr 14, 2022
Sold by
Rousseau Aquilla T
Bought by
Lutchman Richard and Lutchman Donneth C
Seller's Agent
Rakis Bailey
eXp Realty
Buyer's Agent
James Davis
Keller Williams One
Sold Price
$215,000
Current Estimated Value
$249,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,020
Avg. Annual Appreciation
3.71%
Original Mortgage
$180,000
Outstanding Balance
$171,618
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$71,051

Purchase Details

Closed on
Apr 29, 1994
Bought by
Rousseau
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
Lutchman Richard $215,000 Jacobs Thomas G
Rousseau $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lutchman Richard $180,000
Closed Lutchman Richard $180,000
Previous Owner Rousseau Aquilla T $34,000
Previous Owner Rousseau Aquilla T $82,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $215,000 -- $126 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
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
2023 $1,724 $128,800 $26,000 $102,800
2022 $1,692 $128,800 $26,000 $102,800
2021 $1,662 $128,800 $26,000 $102,800
2020 $1,476 $106,900 $21,500 $85,400
2019 $1,487 $106,900 $21,500 $85,400
2018 $1,412 $106,900 $21,500 $85,400
2016 $1,470 $111,736 $20,000 $91,736
2015 $1,448 $111,736 $20,000 $91,736
2014 $1,404 $111,736 $20,000 $91,736
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1060815

Triad MLS

APN: 6823-60-4349