NOT LISTED FOR SALE

398 Farmstead Rd Winston Salem, NC 27107

Estimated Value: $300,000 - $454,000

3 Beds
3 Baths
2,059 Sq Ft
$176/Sq Ft Est. Value

Last Sold October 15, 2013

Last sale price $175,000 $85 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,089/month

114 Days on Market

Highlights

  • Cape Cod Architecture
  • Partially Wooded Lot
  • Porch
  • Living Room with Fireplace
  • No HOA
  • Kitchen Island

About This Home

As of October 2013

Darling Cape Cod with newer replacement windows, roof, newer large deck overlooking gorgeous wooded backyard, awesome rocking chair front porch. Kitchen is bright and cheery, open to fireside living room. Main level Master Bedroom and large bath with double sink vanity. Daylight, walkout Basement has 2nd fireplace in Den and wonderful office. Lots of storage. This home has been loved and well maintained. It will be a joy to show!

Last Agent to Sell the Property

Chris Wynne

Coldwell Banker Advantage License #176791 Listed on: 05/21/2013

Coldwell Banker Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,217

Year Built

  • Built in 1983

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 190 x 383 x 200 x 307
  • Sloped Lot
  • Partially Wooded Lot

Parking

  • 2 Car Garage
  • Basement Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 2,059 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace
  • Pull Down Stairs to Attic
  • Storm Doors
  • Dryer Hookup
  • Finished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Farmstead Subdivision

Listing and Financial Details

  • Assessor Parcel Number 13021D0000036000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,217

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1
  • Lot Size: 190 x 383 x 200 x 307
  • Subdivision Name: Farmstead
  • Directions: From High Point, W Lexington Ext, cross 109 to Old Greensboro, Right on Midway School Rd, Bear left to stay on Midway School, Right on Farmstead. From Winston Salem, old hwy 52 S,Left on Midway School Road, Left on Farmstead
  • Above Grade Finished Sq Ft: 2059
  • Architectural Style: Cape Cod
  • Unit Levels: One and One Half
  • Year Built: 1983
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 462
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2059
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Pantry
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 462
  • Door Features: Storm Door(s)
  • Fireplace Features: Den, Living Room
  • Fireplaces: 2
  • Living Area: 2059
  • Main Level Bathrooms: 1
  • Attic Description: Eave Storage, Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Lot Features: Sloped, Partially Wooded
  • Construction Type: Vinyl Siding
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Private
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Windows, Storm Doors

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 13021D0000036000
  • Zoning: SFR
  • TRIADMLS_PlatPage: 49
  • TRIADMLS_DeedPage: 1977
  • TRIADMLS_DeedBook: 1374
  • TRIADMLS_PlatBook: 17

Tax Info

  • Tax Annual Amount: 1216.54
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 0.6903

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2013
Closed on
Oct 7, 2013
Sold by
Bowers Michael D and Bowers Kimberley S
Bought by
Mcpherson Ryan C and Mcpherson Jennifer L
Seller's Agent
Chris Wynne
Coldwell Banker Advantage
List Price
$185,000
Sold Price
$175,000
Premium/Discount to List
-$10,000
-5.41%
Current Estimated Value
$362,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,900
Avg. Annual Appreciation
6.35%
Original Mortgage
$171,830
Interest Rate
4.58%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 2002
Sold by
Bowers Michael D and Bowers Kimberley S
Bought by
Bowers Michael D

Purchase Details

Closed on
Jun 29, 2000
Sold by
Scott David A and Scott Sherri P
Bought by
Bowers Michael D and Bowers Kimberley S

Purchase Details

Closed on
Jun 1, 1995

Purchase Details

Closed on
Jun 1, 1994

Purchase Details

Closed on
Aug 1, 1988
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
Mcpherson Ryan C $175,000 None Available
Bowers Michael D -- --
Bowers Michael D $153,000 --
-- -- --
-- $30,197,000 --
-- $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcpherson Jennifer L $5,514
Open Mcpherson Jennifer L $12,341
Previous Owner Mcpherson Ryan C $171,830
Previous Owner Bowers Michael D $73,758
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2013 10/15/13 Sold $175,000 -5.4% $85 / Sq Ft
09/13/2013 09/13/13 Pending -- -- --
05/21/2013 05/21/13 For Sale $185,000 -- $90 / 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 $1,225 $172,790 $0 $0
2023 $1,181 $166,590 $0 $0
2022 $1,145 $166,590 $0 $0
2021 $1,145 $166,590 $0 $0
2020 $1,178 $171,420 $0 $0
2019 $1,196 $171,420 $0 $0
2018 $1,196 $171,420 $0 $0
2017 $1,196 $171,420 $0 $0
2016 $1,196 $171,420 $0 $0
2015 $1,196 $171,420 $0 $0
2014 $1,217 $176,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Chris Wynne

    Coldwell Banker Advantage

    (336) 688-2321

    87 Total Sales

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Map

Source: Triad MLS

MLS Number: 674226

Triad MLS

APN: 13-021-D-000-0036-0-0-0

North Carolina Davidson County Winston-Salem 27107

398 Farmstead Rd, Winston-Salem, NC

This home is located at 398 Farmstead Rd, Winston Salem, NC 27107 since 21 May 2013 and is currently estimated at $362,900, approximately $176 per square foot. This property was built in 1983. 398 Farmstead Rd is a home located in Davidson County with nearby schools including Midway Elementary School, Oak Grove Middle School, and Oak Grove High School.

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