NOT LISTED FOR SALE

487 Merrifield Way Winston Salem, NC 27127

Estimated Value: $666,000 - $724,000

4 Beds
3.5 Baths
3,200 Sq Ft
$216/Sq Ft Est. Value

Last Sold May 19, 2016

Last sale price $364,000 $114 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $3,976/month

6 Days on Market

Highlights

  • Transitional Architecture
  • Wood Flooring
  • Solid Surface Countertops
  • Friedberg Elementary School Rated 9+
  • Attic
  • Porch

About This Home

As of May 2016

Priced to sell! Beautiful all-brick home. Great schools, excellent location. Small desirable two-street neighborhood. Great floorplan, main level master suite with large walk-in closet. Upstairs is a large bedroom (or use as bonus) with full bath and large walk-in closet. Lots of storage, oversized garage, private backyard. Beautifully landscaped! Large lot, close to cul-de-sac. Full unfinished basement for expansion or storage! This is the home for you!

Last Agent to Sell the Property

Eric Munger

Howard Hanna Allen Tate - Winston Salem License #243726 Listed on: 02/15/2016

Howard Hanna Allen Tate - Winston Salem

Co-Listed By

Caroline Clemons

Premier Realty NC License #248953

Last Buyer's Agent

Lane Young

Express Home Realty License #186677

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,209

Year Built

  • Built in 2005

Lot Details

  • 1.09 Acre Lot
  • Property is zoned RA3

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,016 Sq Ft Home
  • 2,700-3,200 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Dryer Hookup
  • Attic
  • Unfinished Basement

Kitchen

  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower

Outdoor Features

  • Porch

Schools

  • Oak Grove Middle School
  • North Davidson High School

Utilities

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

Community Details

  • Merrifield Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 03004C0000024000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,209

Year Built

Built in 2005

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.09
  • Co List Office Mls Id: WRLTY01
  • Co List Office Phone: 336-283-0983
  • Subdivision Name: Merrifield
  • Directions: Hwy 150 South, Left on Hickory Tree, Right on Merrifield Way, Stay Left at split and then home is on Left..or.. Hwy 52 South from Winston-Salem to Hickory Tree Road exit, go right, Left on Merrifield Way, Stay Left at split and then home is on the left.
  • Above Grade Finished Sq Ft: 3016
  • Architectural Style: Transitional
  • Unit Levels: One and One Half
  • Year Built: 2005
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2700 - 3200
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Oven, Cooktop, Dishwasher, Disposal, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry, Separate Shower, Solid Surface Counter, Central Vacuum
  • Has Basement: Unfinished, Basement, Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 3016
  • Main Level Bathrooms: 3
  • Attic Description: Eave Storage, Partially Floored
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Construction Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • 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

Condo/Co-op/Association

  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Friedberg
  • High School: North Davidson
  • Middle Or Junior School: Oak Grove

Lot Info

  • Parcel #: 03004C0000024000
  • Zoning: RA3
  • TRIADMLS_PricePerAcre: 339357.7982
  • TRIADMLS_PlatPage: 82
  • TRIADMLS_DeedPage: 1010
  • TRIADMLS_DeedBook: 1488
  • TRIADMLS_PlatBook: 34
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 2209.12
  • Tax Lot: 24
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 0.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2016
Closed on
May 19, 2016
Sold by
Charles E Grandy
Bought by
Barfield Timothy and Barfield Laura
Seller's Agent
Eric Munger
Howard Hanna Allen Tate - Winston Salem
Buyer's Agent
Lane Young
Express Home Realty
List Price
$369,900
Sold Price
$364,000
Premium/Discount to List
-$5,900
-1.6%
Current Estimated Value
$690,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,708
Avg. Annual Appreciation
7.05%
Original Mortgage
$291,200
Outstanding Balance
$231,209
Interest Rate
3.58%
Estimated Equity
$459,499

Purchase Details

Closed on
Dec 23, 2003
Sold by
Westview Development Company
Bought by
Grandy Charles E
Source: Public Records

Range of Values:

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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
Barfield Timothy -- --
Grandy Charles E $57,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barfield Timothy $291,200
Closed Barfield Timothy --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2016 05/19/16 Sold $364,000 -1.6% $135 / Sq Ft
02/22/2016 02/22/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $369,900 -- $137 / 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 $2,989 $459,700 $0 $0
2024 $2,898 $459,700 $0 $0
2023 $2,898 $459,700 $0 $0
2022 $2,807 $459,700 $0 $0
2021 $2,807 $459,700 $0 $0
2020 $2,465 $403,670 $0 $0
2019 $2,503 $403,670 $0 $0
2018 $2,503 $403,670 $0 $0
2017 $2,209 $356,310 $0 $0
2016 $2,209 $356,310 $0 $0
2015 $2,209 $356,310 $0 $0
2014 $2,791 $450,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    Eric Munger

    Howard Hanna Allen Tate - Winston Salem

    (336) 287-2969

    35 Total Sales

    Eric Munger
    Section Image
  • Caroline Clemons

    Seller Co-Listing Agent in 2016

    Caroline Clemons

    Premier Realty NC

    (336) 251-5019

    57 Total Sales

    Caroline Clemons
    Section Image

  • L

    Buyer's Agent in 2016

    Lane Young

    Express Home Realty

    (336) 926-8954

    90 Total Sales

    Lane Young
    Section Image
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Map

Source: Triad MLS

MLS Number: 784206

Triad MLS

APN: 03-004-C-000-0024-0-0-0

North Carolina Davidson County Winston-Salem 27127

487 Merrifield Way, Winston-Salem, NC

This home is located at 487 Merrifield Way, Winston Salem, NC 27127 since 15 February 2016 and is currently estimated at $690,708, approximately $215 per square foot. This property was built in 2005. 487 Merrifield Way is a home located in Davidson County with nearby schools including Friedberg Elementary School, Oak Grove Middle School, and Oak Grove High School.

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