NOT LISTED FOR SALE

407 Salem Springs Dr Winston Salem, NC 27107

Estimated Value: $245,140 - $270,000

3 Beds
2 Baths
1,358 Sq Ft
$189/Sq Ft Est. Value

Last Sold August 21, 2013

Last sale price $107,500 $79 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $1,529/month

10 Days on Market

Highlights

  • Porch
  • Forced Air Heating and Cooling System
  • Carpet
  • 2 Car Attached Garage
  • Ceiling Fan

About This Home

As of August 2013

Won't Last! Like new 3BR/2BA ranch w/double car garage. Nice, established neighborhood in convenient location. Open floor plan concept. Large, spacious Kit has tons of counter space, perfect for preparing meals. All new SS built-in microwave & DW. Kit looks into LR. LR has FP w/TV nook. Formal DR. MBR has walk-in closet. MBA has garden tub & separate shower. All new carpet & vinyl floors. Fresh interior designer picked paint colors. Brushed nickel fixtures throughout. Landscaped yard.

Last Agent to Sell the Property

John Southard

Your Home Team License #228225 Listed on: 06/19/2013

Last Buyer's Agent

Paul Bodenheimer

Bodenheimer Real Estate License #170897

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,487

Year Built

  • Built in 2003

Lot Details

  • 7,841 Sq Ft Lot
  • Property is zoned RS9

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,358 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Dishwasher
  • Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Salem Springs Subdivision

Listing and Financial Details

  • Legal Lot and Block 218 / 2718B
  • Assessor Parcel Number 68329919770
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,487

Year Built

Built in 2003

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Subdivision Name: Salem Springs
  • Directions: Hwy 52 to Main St. Turn L onto Main St, Turn L onto Barnes Rd, Turn L onto Meredith Woods Lane, Turn R onto Clear Meadow Dr, L onto Salem Springs.
  • Above Grade Finished Sq Ft: 1358
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 2003
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1358
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Gas Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1358
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Construction Type: Vinyl Siding
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Parcel #: 68329919770
  • Zoning: RS9

Tax Info

  • Tax Annual Amount: 1486.54
  • Tax Block: 2718B
  • Tax Lot: 218
  • Tax Map Number: 636826
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 0.0012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2013
Closed on
Aug 15, 2013
Sold by
Maltz Properties Llc
Bought by
Edwards Randy
Seller's Agent
John Southard
Your Home Team
Buyer's Agent
Paul Bodenheimer
Bodenheimer Real Estate
List Price
$114,900
Sold Price
$107,500
Premium/Discount to List
-$7,400
-6.44%
Current Estimated Value
$257,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,785
Avg. Annual Appreciation
7.42%
Original Mortgage
$86,000
Outstanding Balance
$64,184
Interest Rate
4.48%
Mortgage Type
New Conventional
Estimated Equity
$193,101

Purchase Details

Closed on
May 28, 2013
Sold by
Wright Hazel T
Bought by
Maltz Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,801
Interest Rate
3.43%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 29, 2005
Sold by
Baio & Sons Llc
Bought by
Wright Hazel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,120
Interest Rate
6.8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 13, 2002
Sold by
Platinum Construction Corp
Bought by
Baio & Sons Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,186
Interest Rate
5.62%
Mortgage Type
Construction
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
Edwards Randy $108,000 None Available
Maltz Properties Llc $64,763 None Available
Wright Hazel T $129,000 --
Baio & Sons Llc $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Randy $86,000
Previous Owner Maltz Properties Llc $51,801
Previous Owner Wright Hazel T $103,120
Previous Owner Baio & Sons Llc $25,186
Closed Wright Hazel T $25,780
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2013 08/21/13 Sold $107,500 -6.4% $79 / Sq Ft
06/30/2013 06/30/13 Pending -- -- --
06/19/2013 06/19/13 For Sale $114,900 -- $85 / 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 $2,027 $232,100 $45,000 $187,100
2024 $1,935 $144,300 $30,000 $114,300
2023 $1,935 $144,300 $30,000 $114,300
2022 $1,898 $144,300 $30,000 $114,300
2021 $1,864 $0 $0 $0
2020 $1,618 $108,100 $26,000 $82,100
2019 $1,630 $117,200 $0 $0
2018 $1,548 $108,100 $26,000 $82,100
2016 $1,338 $101,657 $24,650 $77,007
2015 $1,318 $101,657 $24,650 $77,007
2014 $1,278 $101,657 $24,650 $77,007
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    John Southard

    Your Home Team

    (336) 608-4218

    143 Total Sales

    John Southard
    Section Image

  • P

    Buyer's Agent in 2013

    Paul Bodenheimer

    Bodenheimer Real Estate

    (336) 577-8807

    25 Total Sales

    Paul Bodenheimer
    Section Image
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Map

Source: Triad MLS

MLS Number: 676807

Triad MLS

APN: 6832-99-1977

North Carolina Forsyth County Winston-Salem 27107

407 Salem Springs Dr, Winston-Salem, NC

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