NOT LISTED FOR SALE

475 Farmstead Rd Winston Salem, NC 27107

Estimated Value: $323,000 - $357,000

3 Beds
2.5 Baths
2,400 Sq Ft
$143/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $303,000 $126 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,973/month

67 Days on Market

Highlights

  • Outdoor Pool
  • Traditional Architecture
  • No HOA
  • Den with Fireplace
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of October 2023

A great home to hit the market in the northern Davidson county area! This well built, all brick home has low Davidson county taxes and all the country feels with only a short drive to shopping and restaurants. Sitting on almost an acre you'll enjoy having privacy with out the neighbors right outside your window. Just a little TLC and some updates will make this home amazing. The possibilities are endless! Between the solar panels which are paid in full, and newer energy efficient windows, your utility bill has never been lower. This home also has a central vacuum system making cleaning that much simpler! The basement has been finished for extra room to spread out. Conveniently close to US 52, you'll be in downtown Winston Salem in 15 minutes or 30 minutes to Greensboro. Don't let this great opportunity pass you by.

Last Agent to Sell the Property

Lauren Lawson

Coldwell Banker Advantage License #324612 Listed on: 06/16/2023

Coldwell Banker Advantage

Last Buyer's Agent

Alison Blaum

Real Broker LLC License #257275

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,333

Year Built

  • Built in 1984

Lot Details

  • 0.95 Acre Lot
  • Fenced
  • Property is zoned RS

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,228 Sq Ft Home
  • 2,000-2,400 Sq Ft Home
  • Property has 2 Levels
  • Den with Fireplace
  • 3 Fireplaces
  • Finished Basement
  • Fireplace in Basement

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Eco-Friendly Details

  • Solar Water Heater
  • Solar Heating System
  • Heating system powered by active solar

Pool

  • Outdoor Pool

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Farmstead Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 13021D0000011000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,333

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.95
  • Subdivision Name: Farmstead
  • Directions: From 52 S-exit 100-Left on Hickory Tree Rd. Right onto old us hwy 52. Left onto Midway School Rd. Left on Farmstead Rd. Home will be on the left
  • Above Grade Finished Sq Ft: 2228
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1984
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 400 - 600
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2000 - 2400
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Solar Hot Water
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Has Basement: Finished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 500
  • Fireplace Features: Basement, Den, Primary Bedroom
  • Fireplaces: 3
  • Living Area: 2228
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: Fenced
  • Pool Features: Above Ground
  • Construction Type: Brick
  • TRIADMLS_PoolYN: Yes
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Active Solar, Heat Pump, Electric, Solar
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Solar
  • Water Heater: Electric, Solar

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 13021D0000011000
  • Zoning: RS
  • TRIADMLS_PricePerAcre: 318947.3684
  • TRIADMLS_DeedPage: 1040
  • TRIADMLS_DeedBook: 2177
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1333.45
  • Tax Lot: 11
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Oct 9, 2023
Sold by
Corbett Henry Lee and Corbett Emily B
Bought by
Brannock Sonyia and Brannock Michael
Seller's Agent
Lauren Lawson
Coldwell Banker Advantage
Buyer's Agent
Alison Blaum
Real Broker LLC
List Price
$330,000
Sold Price
$303,000
Premium/Discount to List
-$27,000
-8.18%
Views
346
Current Estimated Value
$338,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,956
Avg. Annual Appreciation
7.16%
Original Mortgage
$294,459
Outstanding Balance
$290,046
Interest Rate
7.18%
Mortgage Type
Credit Line Revolving
Estimated Equity
$54,059

Purchase Details

Closed on
May 29, 2009
Sold by
Campbell John M and Campbell Ann Briggs
Bought by
Corbett Henry Lee and Corbett Emily B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Interest Rate
4.81%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 1998

Purchase Details

Closed on
Dec 1, 1991

Purchase Details

Closed on
Mar 1, 1989

Purchase Details

Closed on
Dec 1, 1981
Source: Public Records

Range of Values:

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
Brannock Sonyia $300,000 None Listed On Document
Corbett Henry Lee $170,000 None Available
-- $146,000 --
-- $112,000 --
-- $100,000 --
-- $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brannock Sonyia $294,459
Previous Owner Corbett Henry Lee $75,000
Previous Owner Corbett Henry Lee $151,950
Previous Owner Corbett Henry Lee $166,920
Previous Owner Campbell John Mark $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $303,000 +1.0% $152 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
07/27/2023 07/27/23 Price Changed $299,900 -1.7% $150 / Sq Ft
07/17/2023 07/17/23 Price Changed $305,000 -3.1% $153 / Sq Ft
07/07/2023 07/07/23 Price Changed $314,900 -3.1% $157 / Sq Ft
06/23/2023 06/23/23 Price Changed $325,000 -1.5% $163 / Sq Ft
06/16/2023 06/16/23 For Sale $330,000 -- $165 / 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 $1,400 $221,120 $0 $0
2023 $1,355 $191,120 $0 $0
2022 $1,313 $191,120 $0 $0
2021 $1,313 $191,120 $0 $0
2020 $1,192 $173,380 $0 $0
2019 $1,210 $173,380 $0 $0
2018 $1,210 $173,380 $0 $0
2017 $1,210 $173,380 $0 $0
2016 $1,210 $173,380 $0 $0
2015 $1,210 $173,380 $0 $0
2014 $1,196 $173,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 1108866

Triad MLS

APN: 13-021-D-000-0011-0-0-0