NOT LISTED FOR SALE

408 Spring Lake Farm Cir Winston Salem, NC 27101

Estimated Value: $512,203 - $572,000

4 Beds
3.5 Baths
3,400 Sq Ft
$158/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $473,900 $139 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,085/month

200 Days on Market

Highlights

  • New Construction
  • Solid Surface Countertops
  • Tile Flooring
  • Transitional Architecture
  • Tankless Water Heater
  • Kitchen Island

About This Home

As of September 2023

The "Lewis" floor plan is ideal for right sizing your lifestyle. It offers main level living and flexible office/dining areas. The casual breakfast room can serve as sole eating area. A laundry room and drop zone make access from garage oh so easy. A big island in the kitchen is ideal for entertaining, chef's prep, or just hanging out with friends. The second floor offers a second owners ensuite and a huge den for media, games etc.. Lots of attic storage. A GREAAAAT plan! Backyard oasis with oversized grilling/firepit patio. Mature landscape beign planted to create immediate privacy.

Last Agent to Sell the Property

Jodi Tate

Blue Door Group Real Estate License #191136 Listed on: 01/15/2023

Last Buyer's Agent

Carmen Palmer

Blue Door Group Real Estate License #250084

Blue Door Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $366

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 51 x 51 x 189 x 16 x 203
  • Cleared Lot
  • Property is zoned RS9

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding
  • Stone

Interior Spaces

  • 3,145 Sq Ft Home
  • 2,800-3,400 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Community Details

  • Spring Lake Farm Subdivision

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 6856690146
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$366

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Lot Size: 51 x 51 x 189 x 16 x 203
  • Subdivision Name: Spring Lake Farm
  • Directions: Salem Pkwy East to Right Hwy 158 Walkertown exit to Right Stanley Park Rd to Right Spring Lake Farm
  • Above Grade Finished Sq Ft: 3145
  • Architectural Style: Transitional
  • Unit Levels: One and One Half
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2022
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2800 - 3400
  • TRIADMLS_BuiltInformation: New
  • Special Features: NewHome

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Range Hood, Gas Water Heater, Tankless Water Heater
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry, Solid Surface Counter
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 3145
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Lot Features: Cleared
  • Pool Features: None
  • Construction Type: Brick, Stone, Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas, Tankless

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Parcel #: 6856690146
  • Zoning: RS9
  • TRIADMLS_PlatPage: 68
  • TRIADMLS_PlatBook: 49
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 366
  • Tax Lot: 28
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.8505

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2023
Closed on
Aug 29, 2023
Sold by
J Michael Homes Llc
Bought by
Weston Christopher N and Weston Lakesha R
Seller's Agent
Jodi Tate
Blue Door Group Real Estate
Buyer's Agent
Carmen Palmer
Blue Door Group Real Estate
List Price
$499,900
Sold Price
$473,900
Premium/Discount to List
-$26,000
-5.2%
Views
651
Current Estimated Value
$537,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,901
Avg. Annual Appreciation
6.09%
Original Mortgage
$409,864
Outstanding Balance
$400,525
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$137,276

Purchase Details

Listed on
Jul 15, 2021
Closed on
Sep 19, 2022
Sold by
Spring Lake Farm Llc
Bought by
J Michael Homes Llc
Seller's Agent
Jodi Tate
Blue Door Group Real Estate
Buyer's Agent
Jodi Tate
Blue Door Group Real Estate
List Price
$35,000
Sold Price
$35,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1367.63%

Purchase Details

Closed on
Nov 2, 2010
Sold by
Crm Mid Atlantic Properties Llc
Bought by
Spring Lake Farm Llc
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
Weston Christopher N -- None Listed On Document
Weston Christopher N $474,000 None Listed On Document
J Michael Homes Llc $35,000 --
J Michael Homes Llc $35,000 None Listed On Document
Spring Lake Farm Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weston Christopher N $409,864
Closed Weston Christopher N $409,864
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2023 09/08/23 Sold $473,900 0.0% $169 / Sq Ft
07/23/2023 07/23/23 Price Changed $473,900 -5.2% $169 / Sq Ft
01/15/2023 01/15/23 For Sale $499,900 +1328.3% $179 / Sq Ft
09/20/2022 09/20/22 Sold $35,000 0.0% -- View Prior Sale
06/04/2022 06/04/22 Pending -- -- --
07/15/2021 07/15/21 For Sale $35,000 -- --
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 $2,971 $481,900 $54,000 $427,900
2024 $1,550 $380,100 $52,000 $328,100
2023 $1,550 $46,800 $46,800 --
2022 $366 $46,800 $46,800 $0
2021 $366 $46,800 $46,800 $0
2020 $378 $44,400 $44,400 $0
2019 $384 $44,400 $44,400 $0
2018 $369 $44,400 $44,400 $0
2016 $216 $25,842 $25,842 $0
2015 $212 $25,842 $25,842 $0
2014 $206 $25,842 $25,842 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1094057

Triad MLS

APN: 6856-69-0146