NOT LISTED FOR SALE

391 Farmstead Rd Winston Salem, NC 27107

Estimated Value: $276,000 - $361,000

3 Beds
2.5 Baths
2,200 Sq Ft
$142/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $158,000 $72 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,805/month

70 Days on Market

Highlights

  • Living Room with Fireplace
  • No HOA
  • Wet Bar
  • Wood Flooring
  • Porch
  • Outdoor Storage

About This Home

As of November 2016

OPEN HOUSE 10/1 1-4 PM DAVIDSON COUNTY, FINISHED(HEATED & COOLED) BASEMENT PERFECT FOR ENTERTAINING WITH A WET BAR, WOOD BURNING FIREPLACE, BUILT IN BIG SCREEN TV, WIRED FOR SURROUND SOUND AND 1/2 BATH. MAIN FLOOR HAS FRESH PAINT, ALL NEW FLOORING(NO CARPET!!), 3 BEDROOMS, 2 FULL BATHS, FIREPLACE AND LARGE CLOSETS. HOME COMES WITH A STORAGE BUILDING, STOVE,REFRIGERATOR,DISHWASHER. Living space to be verified by buyers agent. THIS HOME IS USDA ELIGIBLE , COUNTY SCHOOLS**MOTIVATED SELLERS**

Last Agent to Sell the Property

Michelle Williams

Donna Miller Realty, Inc. License #246660 Listed on: 07/27/2016

Last Buyer's Agent

Nathan Hepler

Hepler Realty License #243597

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $987

Year Built

  • Built in 1989

Lot Details

  • 1.08 Acre Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned RS

Parking

  • 2 Car Garage
  • Basement Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,079 Sq Ft Home
  • 1,800-2,200 Sq Ft Home
  • Property has 1 Level
  • Wet Bar
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Finished Basement
  • Fireplace in Basement
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Oak Grove Middle School
  • North Davidson High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Farmstead Subdivision

Listing and Financial Details

  • Assessor Parcel Number 13021D0000009000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$987

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.08
  • Lot Size: 112 x 394.55 x 120 x 357.85 per gis SUB TO SURVEY
  • Subdivision Name: Farmstead
  • Directions: FROM HIGHWAY 52 TAKE MIDWAY SCHOOL ROAD, FIRST LEFT FARMSTEAD, 4/10TH MILE OR 9TH HOUSE ON THE LEFT. FROM HIGHWAY 109 TAKE MIDWAY SCHOOL ROAD TOWARDS MIDWAY, JUST PAST MIDWAY FIRE DEPARTMENT TURN RIGHT ON FARMSTEAD ROAD 9TH HOUSE ON THE LEFT.
  • Above Grade Finished Sq Ft: 2079
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1989
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 600 - 800
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1800 - 2200
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Laminate, Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Central Vacuum, Wet Bar
  • Other Equipment: Satellite Dish
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 700
  • Fireplace Features: Basement, Living Room
  • Fireplaces: 2
  • Living Area: 2079
  • Main Level Bathrooms: 2
  • TRIADMLS_HalfBathsLower: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Lot Features: Cleared, Level
  • Construction Type: Brick, Vinyl Siding
  • Other Structures: Storage

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security Lights, Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Cooling: 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: Midway
  • High School: North Davidson
  • Middle Or Junior School: Oak Grove

Lot Info

  • Parcel #: 13021D0000009000
  • Zoning: RS
  • TRIADMLS_PricePerAcre: 147222.2222
  • TRIADMLS_DeedPage: B825
  • TRIADMLS_DeedBook: 0B825
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 986.82
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 0.6977

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2016
Closed on
Nov 14, 2016
Sold by
Stevens Ashley Bowman and Stevens Chad
Bought by
Hayes Linda K and Hayes Robert E
Seller's Agent
Michelle Williams
Donna Miller Realty, Inc.
Buyer's Agent
Nathan Hepler
Hepler Realty
List Price
$185,000
Sold Price
$158,000
Premium/Discount to List
-$27,000
-14.59%
Current Estimated Value
$312,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,442
Avg. Annual Appreciation
8.12%
Original Mortgage
$150,100
Outstanding Balance
$122,110
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$190,332

Purchase Details

Closed on
Nov 1, 1992

Purchase Details

Closed on
Oct 1, 1987

Purchase Details

Closed on
Oct 1, 1982
Source: Public Records

Range of Values:

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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
Hayes Linda K $158,000 None Available
-- -- --
-- $83,000 --
-- $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes Linda K $50,000
Open Hayes Linda K $150,100
Previous Owner Bowman James R $87,350
Previous Owner Bowman James R $40,000
Previous Owner Bowman James R $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2016 11/18/16 Sold $158,000 -14.6% $88 / Sq Ft
10/06/2016 10/06/16 Pending -- -- --
07/27/2016 07/27/16 For Sale $185,000 -- $103 / 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 $1,137 $160,300 $0 $0
2023 $1,038 $146,410 $0 $0
2022 $1,006 $146,410 $0 $0
2021 $1,006 $146,410 $0 $0
2020 $972 $141,440 $0 $0
2019 $987 $141,440 $0 $0
2018 $987 $141,440 $0 $0
2017 $987 $141,440 $0 $0
2016 $987 $141,440 $0 $0
2015 $991 $141,440 $0 $0
2014 $972 $140,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 802664

Triad MLS

APN: 13-021-D-000-0009-0-0-0