NOT LISTED FOR SALE

388 Akre Ln Winston Salem, NC 27107

Estimated Value: $577,000 - $678,000

4 Beds
4.5 Baths
4,100 Sq Ft
$152/Sq Ft Est. Value

Last Sold September 22, 2016

Last sale price $288,500 $70 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $3,443/month

200 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • No HOA
  • Wallburg Elementary School Rated A-
  • Attic
  • Balcony

About This Home

As of September 2016

Custom built 4BR/4.5BA home w/office and additional rms on the lower level. Bright eat in KI w/lots of counter space, punch tin cabinets, island, & built-in mud rm organization. Spacious LR with FP and built-ins. 2 Master BR options. Laundry on UL. LL features a full kitchen, bath, large open room & laundry area. Wide plank pine floors throughout main home. Outlets by every window perfect for Moravian Candles. New replacement windows, upgraded dual furnaces, and new programmable thermostats. 2 car gar.

Last Agent to Sell the Property

Lynn Ray

RE/MAX Preferred Properties License #204525 Listed on: 01/16/2016

RE/MAX Preferred Properties

Last Buyer's Agent

Blake Socin

Socin Realty License #265898

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,707

Year Built

  • Built in 1992

Lot Details

  • 1.44 Acre Lot
  • Level Lot
  • Property is zoned RS

Parking

  • 2 Car Garage
  • Basement Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,812 Sq Ft Home
  • 3,400-4,100 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room with Fireplace
  • Permanent Attic Stairs
  • Finished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry on upper level
  • Dryer Hookup

Outdoor Features

  • Balcony
  • Porch

Schools

  • Oak Grove Middle School
  • Wallburg High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0101300000032A00
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,707

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.44
  • Lot Size: 0
  • Subdivision Name: None
  • Directions: 109 South TR on Gumtree TL on Oaklawn TL on Akre to Akre Lane
  • Above Grade Finished Sq Ft: 3812
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1992
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 600 - 900
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3400 - 4100
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), In-Law Floorplan, Kitchen Island, Central Vacuum
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 3812
  • Main Level Bathrooms: 2
  • Attic Description: Floored Attic, Permanent Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Balcony, Garden
  • Fencing: None
  • Lot Features: Level
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Basement
  • Garage Description: Basement Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Laundry Room - 2nd Level, In Basement, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Wallburg
  • Middle Or Junior School: Oak Grove

Lot Info

  • Parcel #: 0101300000032A00
  • Zoning: RS
  • TRIADMLS_AcresRange: 1 - 2

Tax Info

  • Tax Annual Amount: 1707
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 0.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2016
Closed on
Sep 19, 2016
Sold by
Mcgarvey Jennifer Andrews and Mcgarvey Daniel
Bought by
Korn Adam R and Korn Amanda M
Seller's Agent
Lynn Ray
RE/MAX Preferred Properties
Buyer's Agent
Blake Socin
Socin Realty
List Price
$309,900
Sold Price
$288,500
Premium/Discount to List
-$21,400
-6.91%
Current Estimated Value
$624,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,022
Avg. Annual Appreciation
8.86%
Original Mortgage
$288,500
Outstanding Balance
$230,591
Interest Rate
3.45%
Mortgage Type
VA
Estimated Equity
$393,931

Purchase Details

Closed on
Jan 22, 2010
Sold by
Staton Gayle R and Staton Philip A R
Bought by
Morris Dorothy Sue and Mcgarvey Jennifer Andrews

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,500
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 2000
Bought by
Staton Gayle R and Staton Philip
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
Korn Adam R $288,500 None Available
Morris Dorothy Sue $250,000 None Available
Staton Gayle R $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korn Adam R $288,500
Previous Owner Morris Dorothy Sue $203,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2016 09/22/16 Sold $288,500 -6.9% $85 / Sq Ft
08/04/2016 08/04/16 Pending -- -- --
01/16/2016 01/16/16 For Sale $309,900 -- $91 / 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 $2,092 $344,070 $0 $0
2024 $2,001 $339,480 $0 $0
2023 $2,307 $339,480 $0 $0
2022 $2,307 $339,480 $0 $0
2021 $2,307 $339,480 $0 $0
2020 $2,226 $327,540 $0 $0
2019 $2,260 $327,540 $0 $0
2018 $2,260 $327,540 $0 $0
2017 $2,260 $327,540 $0 $0
2016 $1,707 $247,400 $0 $0
2015 $1,707 $247,400 $0 $0
2014 $1,794 $259,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynn Ray

    Seller's Agent in 2016

    Lynn Ray

    RE/MAX

    (336) 682-4761

    96 Total Sales

    Lynn Ray
    Section Image

  • B

    Buyer's Agent in 2016

    Blake Socin

    Socin Realty

    (336) 944-4462

    19 Total Sales

    Blake Socin
    Section Image
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Map

Source: Triad MLS

MLS Number: 781737

Triad MLS

APN: 01-013-0-000-0032-A-0-0

North Carolina Davidson County Winston-Salem 27107

388 Akre Ln, Winston-Salem, NC

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