NOT LISTED FOR SALE

4040 Patsy Dr Winston Salem, NC 27107

Estimated Value: $467,000 - $506,000

5 Beds
3.5 Baths
4,200 Sq Ft
$116/Sq Ft Est. Value

Last Sold August 02, 2016

Last sale price $225,000 $54 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,928/month

18 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Porch
  • 2 Car Attached Garage
  • No HOA

About This Home

As of August 2016

Unbelievable custom home with a ton of square footage on 1.5 acre lot. 5 Bedrooms, 3 1/2 baths, Bonus room, media room, master on the main level, office and much, much more! Many recent updates! This is priced to sale at $10k below tax value! This is a must see!

Last Agent to Sell the Property

Graham Johnston

Stone Street Properties LLC License #185189 Listed on: 05/18/2016

Last Buyer's Agent

Jonathan Key

Banner Team Properties Brokered by EXP Realty License #233827

Banner Team Properties Brokered by EXP Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,394

Year Built

  • Built in 1996

Lot Details

  • 1.5 Acre Lot
  • Property is zoned RS20

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,000 Sq Ft Home
  • 3,600-4,200 Sq Ft Home
  • Property has 2 Levels
  • Den with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Porch

Utilities

  • Dual Heating Fuel
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Glenn Landing Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6864312756
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,394

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.5
  • Subdivision Name: Glenn Landing
  • Directions: From Hwy 311 S take Ridgewood Road exit and turn left. Right on High Point Road. Left on Glenn Landing then right on Patsy, house will be on the right. From Union Cross turn on High Point Road, right on Glenn Landing then right on Patsy.
  • Above Grade Finished Sq Ft: 4000
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1996
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3600 - 4200
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 4000
  • Main Level Bathrooms: 3
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Construction Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Heat Pump
  • Heating: Dual Fuel System, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6864312756
  • Zoning: RS20
  • TRIADMLS_AcresRange: 1 - 2

Tax Info

  • Tax Annual Amount: 3394
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 1.249

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2021
Sold by
Watkins Steven M and Watkins Jill Peters
Bought by
Watkins Steven M and Watkins Jill Peters
Current Estimated Value
$486,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Outstanding Balance
$213,669
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$273,048

Purchase Details

Listed on
May 18, 2016
Closed on
Aug 1, 2016
Sold by
Nance Rodney T and Nance Rodney T
Bought by
Watkins Steven M and Watkins Jill D
Seller's Agent
Graham Johnston
Stone Street Properties LLC
Buyer's Agent
Jonathan Key
Banner Team Properties Brokered by EXP Realty
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.60%
Original Mortgage
$180,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2016
Closed on
Jul 29, 2016
Sold by
Norris Pamela Jean and Norris James Wilford
Bought by
Watkins Steven M and Watkins Jill D
Seller's Agent
Graham Johnston
Stone Street Properties LLC
Buyer's Agent
Jonathan Key
Banner Team Properties Brokered by EXP Realty
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2014
Sold by
Champion Mortgage Company
Bought by
Nationstar Mortgage Llc and Champion Mortgage Company

Purchase Details

Closed on
Nov 14, 2013
Sold by
Marsh Kent E
Bought by
Royall Sonjia

Purchase Details

Listed on
Aug 16, 2012
Closed on
Jul 9, 2013
Sold by
Champion Mortgage
Bought by
Marsh Kent E
Seller's Agent
James Williamson
Leonard Ryden Burr Real Estate
List Price
$185,000
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%
Original Mortgage
$174,250
Interest Rate
3.96%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Watkins Steven M -- First Integrity Ttl Co Denve
Watkins Steven M $112,500 Chicago Title Insurance Comp
Watkins Steven M $112,500 Chicago Title Insurance Comp
Nationstar Mortgage Llc -- None Available
Royall Sonjia -- None Available
Marsh Kent E $231,750 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watkins Steven M $236,000
Closed Watkins Steven M $180,000
Previous Owner Marsh Kent E $174,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2016 08/02/16 Sold $225,000 -10.0% $63 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $249,900 +35.1% $69 / Sq Ft
08/02/2013 08/02/13 Sold $185,000 0.0% $53 / Sq Ft View Prior Sale
03/04/2013 03/04/13 Pending -- -- --
08/16/2012 08/16/12 For Sale $185,000 -- $53 / 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 $4,532 $514,300 $45,800 $468,500
2024 $4,326 $323,100 $34,500 $288,600
2023 $4,326 $323,100 $34,500 $288,600
2022 $4,245 $323,100 $34,500 $288,600
2021 $4,169 $323,100 $34,500 $288,600
2020 $3,884 $281,300 $29,300 $252,000
2019 $3,824 $274,900 $29,300 $245,600
2018 $3,631 $274,900 $29,300 $245,600
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Graham Johnston

    Stone Street Properties LLC

    (336) 414-1016

    34 Total Sales

    Graham Johnston
    Section Image

  • J

    Buyer's Agent in 2016

    Jonathan Key

    Banner Team Properties Brokered by EXP Realty

    (336) 918-0226

    120 Total Sales

    Jonathan Key
    Section Image
  • James Williamson

    Seller's Agent in 2013

    James Williamson

    Leonard Ryden Burr Real Estate

    (336) 779-9200

    98 Total Sales

    James Williamson
    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 795642

Triad MLS

APN: 6864-31-1686

North Carolina Forsyth County Winston-Salem 27107

4040 Patsy Dr, Winston-Salem, NC

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Triad MLS Copyright 2025 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.

Nearby Homes