NOT LISTED FOR SALE

490 Merrifield Way Winston Salem, NC 27127

Estimated Value: $832,219 - $1,111,000

5 Beds
4.5 Baths
6,893 Sq Ft
$145/Sq Ft Est. Value

Last Sold March 04, 2015

Last sale price $477,500 $69 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $5,733/month

284 Days on Market

Highlights

  • Built-In Refrigerator
  • Living Room with Fireplace
  • Main Floor Primary Bedroom
  • Friedberg Elementary School Rated 9+
  • Wood Flooring
  • Solid Surface Countertops

About This Home

As of March 2015

Immaculate home with exquisite attention to details throughout. Two-story LR w/stone gas fireplace, ML Master Suite, kitchen w/ granite, gas cook top, dbl oven, chef's sink, wet bar, and plenty of cabinets. Upstairs boasts another BR suite, two more bedrooms, office, and HUGE bonus room. Daylight basement has den w/stone gas fireplace, BR suite, office, and workshop. Corporate relocation and the company says sell! Home priced $115k below tax value. Close to schools, shopping, and downtown W-S.

Last Agent to Sell the Property

Brannon May

The Real Estate Works License #272548 Listed on: 03/28/2014

Last Buyer's Agent

Brannon May

The Real Estate Works License #272548 Listed on: 03/28/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,814

Year Built

  • Built in 2006

Lot Details

  • 1.4 Acre Lot
  • Property is zoned RA-3

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Circular Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 6,893 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Finished Basement
  • Fireplace in Basement
  • Dryer Hookup

Kitchen

  • Double Oven
  • Built-In Refrigerator
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

Outdoor Features

  • Porch

Utilities

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

Community Details

  • Merrifield Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03004C0000018000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,814

Year Built

Built in 2006

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.4
  • Subdivision Name: Merrifield
  • Directions: Hwy 150 south Peters Creek Parkway turn left on Hickory Tree Rd. Turn Right onto Merrifield Way. Home is on the Right.
  • Above Grade Finished Sq Ft: 6893
  • Unit Levels: Two
  • Year Built: 2006
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 2088
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 6893
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Built-In Refrigerator, Cooktop, Dishwasher, Double Oven, Exhaust Fan, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Kitchen Island, Pantry, Separate Shower, Solid Surface Counter, Central Vacuum
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 2088
  • Fireplace Features: Gas Log, Basement, Living Room
  • Fireplaces: 2
  • Living Area: 6893
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Lighting
  • Fencing: None
  • Construction Type: Brick
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Circular Driveway, Driveway, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security System
  • Cooling: Central Air, Zoned
  • 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: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 03004C0000018000
  • Zoning: RA-3
  • TRIADMLS_DeedPage: 0725
  • TRIADMLS_DeedBook: 1722

Tax Info

  • Tax Annual Amount: 3813.99
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 0.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2014
Closed on
Feb 26, 2015
Sold by
Sadler John Anderson and Sadler Sarah Frances
Bought by
Brown Ivey L and Brown Candice W
Seller's Agent
Brannon May
The Real Estate Works
Buyer's Agent
Brannon May
The Real Estate Works
List Price
$599,900
Sold Price
$477,500
Premium/Discount to List
-$122,400
-20.4%
Current Estimated Value
$998,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$520,573
Avg. Annual Appreciation
7.20%
Original Mortgage
$382,000
Outstanding Balance
$293,220
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$704,853

Purchase Details

Closed on
Jul 31, 2006
Sold by
Dipak L Soin Inc
Bought by
Sadler John Anderson and Sadler Sarah Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2005
Sold by
Westview Development Co
Bought by
Dipak L Soin Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage
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
Brown Ivey L $477,500 None Available
Sadler John Anderson $531,500 None Available
Dipak L Soin Inc $59,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Ivey L $382,000
Previous Owner Sadler John Anderson $417,000
Previous Owner Dipak L Soin Inc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2015 03/04/15 Sold $477,500 -20.4% $69 / Sq Ft
01/07/2015 01/07/15 Pending -- -- --
03/28/2014 03/28/14 For Sale $599,900 0.0% $87 / Sq Ft
03/06/2013 03/06/13 Rented $2,295 -14.8% --
02/04/2013 02/04/13 Under Contract -- -- --
07/23/2012 07/23/12 For Rent $2,695 -- --
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 $4,457 $685,610 $0 $0
2024 $4,322 $685,610 $0 $0
2023 $4,388 $685,610 $0 $0
2022 $4,187 $685,610 $0 $0
2021 $4,187 $685,610 $0 $0
2020 $3,738 $612,020 $0 $0
2019 $3,734 $602,310 $0 $0
2018 $3,697 $596,280 $0 $0
2017 $3,697 $596,280 $0 $0
2016 $3,697 $596,280 $0 $0
2015 $3,697 $596,280 $0 $0
2014 $3,814 $615,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Brannon May

    The Real Estate Works

    (336) 416-7095

    27 Total Sales

    Brannon May
    Section Image

  • D

    Seller's Agent in 2013

    Derek May

    Capstone Realty Consultants, Inc

    (336) 655-3858

    1 Total Sale

    Derek May
    Section Image
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Map

Source: Triad MLS

MLS Number: 701531

Triad MLS

APN: 03-004-C-000-0018-0-0-0

North Carolina Davidson County Winston-Salem 27127

490 Merrifield Way, Winston-Salem, NC

This home is located at 490 Merrifield Way, Winston Salem, NC 27127 since 28 March 2014 and is currently estimated at $998,073, approximately $144 per square foot. This property was built in 2006. 490 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Triad MLS Copyright 2025 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.

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