NOT LISTED FOR SALE

389 Georgetown Rd Winston Salem, NC 27107

Estimated Value: $237,000 - $293,779

3 Beds
2 Baths
1,500 Sq Ft
$178/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $277,000 $185 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,590/month

21 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Kitchen Island
  • Wallburg Elementary School Rated A-
  • No HOA
  • Central Air

About This Home

As of May 2024

Wallburg Elementary and Oak Grove Middle and High School district in Davidson county! Recent price improvement on this Adorable Cape Code located in the Town of Wallburg. Relax on the covered front porch or out on the back deck. This home sits on just under an acre of land. Main floor has large living room with hardwood floors and gas log fireplace. Spacious formal dining room. Kitchen has white cabinets, stainless steel appliances, granite countertops and pantry. Laundry located on the main level. Home has three bedrooms and two full baths. Unfinished basement has 2 car garage with built in storage shelving. Partial fencing of the side yard off of the back deck, perfect for fur babies! Storage building located out back. Driveway has plenty of parking. Lot backs up to a wooded area. No HOA and Low Davidson County taxes with just a short drive to surrounding cities. Sellers offering $3000 CLOSING COST credit with acceptable offer.

Last Agent to Sell the Property

Kim Kennedy

KB Realty License #309407 Listed on: 03/22/2024

Last Buyer's Agent

Ellen McDaniel

Real Broker LLC License #320810

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,093

Year Built

  • Built in 1988

Lot Details

  • 0.93 Acre Lot
  • Dog Run
  • Fenced
  • Property is zoned RA3

Parking

  • 2 Car Garage
  • Basement Garage
  • Driveway

Home Design

  • Masonite

Interior Spaces

  • 1,344 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Dryer Hookup
  • Attic
  • Unfinished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Oak Grove Middle School
  • Oak Grove High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Georgetown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01004C000004
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,093

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.93
  • Subdivision Name: Georgetown
  • Directions: From Hwy 109 turn onto Georgetown Rd. Home will be on the left.
  • Above Grade Finished Sq Ft: 1344
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1988
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Range Hood, Electric Water Heater
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Kitchen Island, Pantry
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1344
  • Attic Description: Access Only
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Dog Run
  • Fencing: Fenced
  • Pool Features: None
  • Construction Type: Masonite
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Garage Door Opener, Basement
  • Garage Description: Basement Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air, Heat Pump
  • Heating: Fireplace(s), Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 01004C000004
  • Zoning: RA3
  • TRIADMLS_PricePerAcre: 297849.4624
  • TRIADMLS_DeedPage: 0257-0258
  • TRIADMLS_DeedBook: 1709
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1092.9
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
May 13, 2024
Sold by
Minor Zachary Craig and Minor Martha Michelle
Bought by
Miller Landon Thomas and Miller Siriporn
Seller's Agent
Kim Kennedy
KB Realty
Buyer's Agent
Ellen McDaniel
Real Broker LLC
List Price
$289,000
Sold Price
$277,000
Premium/Discount to List
-$12,000
-4.15%
Total Days on Market
21
Views
96
Current Estimated Value
$267,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,805
Avg. Annual Appreciation
-3.37%
Original Mortgage
$249,300
Outstanding Balance
$246,890
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$20,305

Purchase Details

Closed on
Mar 9, 2006
Sold by
Jones Steven Earl and Jones Karla Martin
Bought by
Minor Zachary Craig and Minor Martha Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,500
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1994

Purchase Details

Closed on
Sep 1, 1988
Source: Public Records

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Range of Values:

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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
Miller Landon Thomas $227,000 None Listed On Document
Minor Zachary Craig $141,000 None Available
-- $90,000 --
-- $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Landon Thomas $249,300
Previous Owner Minor Martha Michelle $75,000
Previous Owner Minor Martha Michelle $45,000
Previous Owner Minor Zachary Craig $12,700
Previous Owner Minor Zachary Craig $129,000
Previous Owner Minor Zachary C $130,000
Previous Owner Minor Zachary Craig $133,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Sold $277,000 -0.7% $231 / Sq Ft
04/13/2024 04/13/24 Pending -- -- --
04/12/2024 04/12/24 Price Changed $279,000 -1.8% $233 / Sq Ft
04/05/2024 04/05/24 Price Changed $284,000 -1.7% $237 / Sq Ft
03/22/2024 03/22/24 For Sale $289,000 -- $241 / 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 $1,077 $158,390 $0 $0
2023 $1,093 $158,390 $0 $0
2022 $1,077 $158,390 $0 $0
2021 $1,077 $158,390 $0 $0
2020 $976 $143,560 $0 $0
2019 $991 $143,560 $0 $0
2018 $991 $143,560 $0 $0
2017 $991 $143,560 $0 $0
2016 $991 $143,600 $0 $0
2015 $991 $143,600 $0 $0
2014 $995 $144,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1136981

Triad MLS

APN: 01-004-C-000-0004-0-0-0