NOT LISTED FOR SALE

432 Farmstead Rd Winston Salem, NC 27107

Estimated Value: $349,822 - $464,000

3 Beds
3 Baths
2,800 Sq Ft
$136/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $220,000 $79 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,199/month

7 Days on Market

Highlights

  • 1.83 Acre Lot
  • Wood Flooring
  • Solid Surface Countertops
  • Great Room with Fireplace
  • Attic
  • No HOA

About This Home

As of June 2019

Hard to find privacy in a subdivision! Northern Davidson Co. Huge great room with stone fireplace, vaulted ceilings and exposed beams. Separate DR. Eat in Kitchen with stainless appliances, granite, vaulted ceilings, skylight and tile backsplash. Large main level laundry with pantry. Wood and laminate flooring. MBR with his and her walk in closets, jetted tub, separate shower & skylight. Large playroom in basement with stone fireplace. 4 parking spaces in upper and lower garage. Bsmt remodeled w/o permit

Last Agent to Sell the Property

Janet Harmon

RE/MAX Realty Consultants License #185702 Listed on: 05/10/2019

RE/MAX Realty Consultants

Last Buyer's Agent

Brenda Mabe

Allen Tate Winston Salem License #185604

Allen Tate Winston Salem

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,409

Year Built

  • Built in 1992

Lot Details

  • 1.83 Acre Lot
  • Street terminates at a dead end
  • Property is zoned RS

Parking

  • 4 Car Attached Garage
  • Basement Garage
  • Driveway

Home Design

  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,631 Sq Ft Home
  • 2,300-2,800 Sq Ft Home
  • Property has 1 Level
  • Wet Bar
  • Ceiling Fan
  • Great Room with Fireplace
  • 2 Fireplaces
  • Game Room with Fireplace
  • Dryer Hookup
  • Attic
  • Finished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower

Schools

  • North Davidson Middle School
  • North Davidson High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Farmstead Subdivision

Listing and Financial Details

  • Tax Lot 34A
  • Assessor Parcel Number 13021D0000034A
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,409

Year Built

Built in 1992

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.83
  • Lot Size: 0
  • Subdivision Name: Farmstead
  • Directions: Hwy 52 South to Hickory Tree Rd. L at ramp. R on Old HWY 52 to L on Midway School Rd. L on Farmstead. Private Rd on R.
  • Above Grade Finished Sq Ft: 2631
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1992
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 600 - 800
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2300 - 2800
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Exhaust Fan, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Laminate, Vinyl, Wood
  • Interior Amenities: Great Room, Ceiling Fan(s), Dead Bolt(s), Pantry, Separate Shower, Solid Surface Counter, Wet Bar
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 726
  • Fireplace Features: Great Room, Playroom
  • Fireplaces: 2
  • Living Area: 2631
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsLower: 1

Exterior Features

  • Lot Features: Dead End
  • Pool Features: None
  • Construction Type: Stone, Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Garage, Driveway, Garage Door Opener, Attached, Basement
  • Garage Description: Attached Garage, Basement Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: 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: North Davidson

Lot Info

  • Parcel #: 13021D0000034A
  • Zoning: RS
  • TRIADMLS_PricePerAcre: 131092.8962
  • TRIADMLS_DeedPage: 2348
  • TRIADMLS_DeedBook: 2159
  • TRIADMLS_AcresRange: 2 - 2

Tax Info

  • Tax Annual Amount: 1408.82
  • Tax Block: N/A
  • Tax Lot: 34A
  • Tax Map Number: 13021D
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 0.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2019
Closed on
Jun 21, 2019
Sold by
Sellers Craig L and Sellers Nancy T
Bought by
Reeves Mitchell and Reeves Megan
Seller's Agent
Janet Harmon
RE/MAX Realty Consultants
Buyer's Agent
Brenda Mabe
Allen Tate Winston Salem
Sold Price
$220,000
Current Estimated Value
$381,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,206
Avg. Annual Appreciation
9.37%
Original Mortgage
$176,000
Outstanding Balance
$155,981
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$225,225

Purchase Details

Listed on
Jun 20, 2014
Closed on
Oct 21, 2014
Sold by
Christensen Eric and Christensen Rene Christensen
Bought by
Sellers Craig L and Sellers Nancy T
Seller's Agent
John McPherson
Coldwell Banker Advantage
Buyer's Agent
Janet Harmon
RE/MAX Realty Consultants
List Price
$224,900
Sold Price
$198,500
Premium/Discount to List
-$26,400
-11.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.23%
Original Mortgage
$158,800
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2007
Sold by
Ring Lawrence D and Ring Joyce S
Bought by
Christensen Eric and Christensen Rene Christensen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,250
Interest Rate
6.16%
Mortgage Type
Unknown

Purchase Details

Closed on
May 1, 1992
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
Reeves Mitchell $220,000 None Available
Sellers Craig L $198,500 None Available
Christensen Eric $215,000 None Available
-- $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reeves Mitchell $176,000
Previous Owner Sellers Nancy $36,300
Previous Owner Sellers Craig L $158,800
Previous Owner Christensen Eric $15,000
Previous Owner Christensen Eric $165,300
Previous Owner Christensen Eric $32,250
Previous Owner Christensen Eric $172,000
Previous Owner Ring Lawrence D $55,000
Previous Owner Ring Joyce S $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Off Market $220,000 -- --
06/28/2019 06/28/19 Sold $220,000 +10.8% $96 / Sq Ft
10/28/2014 10/28/14 Sold $198,500 -11.7% $82 / Sq Ft
09/17/2014 09/17/14 Pending -- -- --
06/20/2014 06/20/14 For Sale $224,900 -- $93 / 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 $1,467 $206,910 $0 $0
2023 $1,514 $213,480 $0 $0
2022 $1,467 $213,480 $0 $0
2021 $1,467 $213,480 $0 $0
2020 $1,403 $204,150 $0 $0
2019 $1,404 $201,260 $0 $0
2018 $1,404 $201,260 $0 $0
2017 $1,404 $201,260 $0 $0
2016 $1,403 $201,150 $0 $0
2015 $1,403 $201,150 $0 $0
2014 $1,463 $211,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 931605

Triad MLS

APN: 13-021-D-000-0034-A-0-0