NOT LISTED FOR SALE

501 Salem Springs Dr Winston Salem, NC 27107

Estimated Value: $282,000 - $314,000

3 Beds
2.5 Baths
2,000 Sq Ft
$150/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $220 $0 Per Sq Ft

Est. 136,259% increase in value since last sale

Current estimated payment $1,810/month

About This Home

As of July 2021

Adorable Cape Cod in quiet community of Salem Springs convenient to surrounding areas. Master on the main with tub and separate shower in Master bath. Laundry Room on main level. Large eat in kitchen with stainless steel appliances including refrigerator. New laminate floors in kitchen and living room. Upstairs houses two larger bedrooms, a full bath and a fun bonus room with lots of potential. Doublewide driveway with two car side load garage. Great home on a corner lot.

Last Agent to Sell the Property

Don Kerr

United Realty Group Inc. License #232076 Listed on: 06/22/2021

Last Buyer's Agent

Don Kerr

United Realty Group Inc. License #232076 Listed on: 06/22/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 53 x 57 x 16 x 42 x 101 x 78
  • Property is zoned RS 9

HOA Fees

  • $14 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,876 Sq Ft Home
  • 1,600-2,000 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Utilities

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

Community Details

  • Salem Springs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6833903780
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

HOA Fees

$14 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 53 x 57 x 16 x 42 x 101 x 78
  • Subdivision Name: Salem Springs
  • Directions: Right on Fields Crossing from Barnes Road, Left of Salem Springs. House on the right corner.
  • Above Grade Finished Sq Ft: 1876
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2003
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1600 - 2000
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1876
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Fireplace(s), Forced Air, Natural Gas
  • Water Source: Private
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 165
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Parcel #: 6833903780
  • Zoning: RS 9
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1950
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.3809

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2021
Closed on
Sep 13, 2021
Sold by
Chase Drm Llc
Bought by
Fkh Sfr Propco H Lp
Seller's Agent
Don Kerr
United Realty Group Inc.
Buyer's Agent
Don Kerr
United Realty Group Inc.
Sold Price
$220
Current Estimated Value
$299,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,770
Avg. Annual Appreciation
437.89%
Original Mortgage
$182,000
Interest Rate
3%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 22, 2021
Closed on
Jul 21, 2021
Sold by
Hart Tywana and Hart Fryza
Bought by
Chase Drm Llc
Seller's Agent
Don Kerr
United Realty Group Inc.
Buyer's Agent
Don Kerr
United Realty Group Inc.
Sold Price
$220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
3%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 24, 2020
Closed on
Aug 28, 2020
Sold by
Ingram Rashard and Crews Lajada
Bought by
Hart Tywana
Seller's Agent
Tawana Rice
Tawana Rice Realty LLC
Buyer's Agent
Don Kerr
United Realty Group Inc.
Sold Price
$183,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-99.94%
Original Mortgage
$185,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2017
Closed on
Sep 7, 2018
Sold by
Beyerlein Hillary
Bought by
Ingram Rashard and Crews Lajada
Seller's Agent
Florette Melton
Unique Properties Of The Triad
Buyer's Agent
Tawana Rice
Tawana Rice Realty LLC
List Price
$159,900
Sold Price
$159,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$159,900
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 17, 2016
Closed on
Nov 18, 2016
Sold by
Strader Jason A and Strader Jane W
Bought by
Beyerlein Daniel and Beyerlein Hillary
Seller's Agent
Jessica Zombek Ferris
Keller Williams Realty Elite
Buyer's Agent
Florette Melton
Unique Properties Of The Triad
List Price
$134,900
Sold Price
$138,000
Premium/Discount to List
$3,100
2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.58%
Original Mortgage
$138,000
Interest Rate
3.47%
Mortgage Type
VA

Purchase Details

Closed on
May 7, 2007
Sold by
Shoaf Matthew E and Shoaf Andrea M
Bought by
Strader Jason A and Strader Jane W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 21, 2003
Sold by
Allen Wayne Builders Llc
Bought by
Shoaf Matthew E and Shoaf Andrea M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,416
Interest Rate
5.82%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 13, 2002
Sold by
Platinum Construction Corp
Bought by
Allen Wayne Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,246
Interest Rate
6.21%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fkh Sfr Propco H Lp $250,000 Chicago Title Insurance Co
Chase Drm Llc $220,000 Investors Title Company
Hart Tywana $183,500 None Available
Ingram Rashard $160,000 None Available
Beyerlein Daniel $138,000 None Available
Strader Jason A $155,000 None Available
Shoaf Matthew E $137,500 --
Allen Wayne Builders Llc $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chase Drm Llc $182,000
Previous Owner Hart Tywana $185,500
Previous Owner Ingram Rashard $159,900
Previous Owner Beyerlein Daniel $138,000
Previous Owner Strader Jason A $155,000
Previous Owner Shoaf Matthew E $136,416
Previous Owner Allen Wayne Builders Llc $25,246
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2021 07/26/21 Sold $220 -99.9% $0 / Sq Ft
09/02/2020 09/02/20 Sold $183,500 +14.8% $115 / Sq Ft View Prior Sale
09/11/2018 09/11/18 Sold $159,900 0.0% $94 / Sq Ft View Prior Sale
08/07/2018 08/07/18 Pending -- -- --
11/08/2017 11/08/17 For Sale $159,900 +15.9% $94 / Sq Ft
11/28/2016 11/28/16 Sold $138,000 +2.3% $86 / Sq Ft View Prior Sale
10/23/2016 10/23/16 Pending -- -- --
10/17/2016 10/17/16 For Sale $134,900 0.0% $84 / Sq Ft
07/16/2015 07/16/15 For Rent $1,195 0.0% --
07/16/2015 07/16/15 Rented $1,195 +9.1% --
01/12/2012 01/12/12 Rented $1,095 -8.4% --
12/13/2011 12/13/11 Under Contract -- -- --
11/01/2011 11/01/11 For Rent $1,195 -- --
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 $2,615 $301,300 $45,000 $256,300
2024 $2,496 $183,900 $30,000 $153,900
2023 $2,496 $183,900 $30,000 $153,900
2022 $2,449 $183,900 $30,000 $153,900
2021 $2,405 $183,900 $30,000 $153,900
2020 $1,950 $137,700 $26,000 $111,700
2019 $1,964 $141,200 $0 $0
2018 $1,646 $128,100 $26,000 $102,100
2016 $1,450 $110,189 $24,650 $85,539
2015 $1,428 $110,189 $24,650 $85,539
2014 $1,385 $110,189 $24,650 $85,539
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Don Kerr

    United Realty Group Inc.

    (336) 906-4844

    23 Total Sales

    Don Kerr
    Section Image
  • Tawana Rice

    Seller's Agent in 2020

    Tawana Rice

    Tawana Rice Realty LLC

    (336) 831-7178

    151 Total Sales

    Tawana Rice
    Section Image
  • Florette Melton

    Seller's Agent in 2018

    Florette Melton

    Unique Properties Of The Triad

    (336) 785-6071

    11 Total Sales

    Florette Melton
    Section Image
  • Jessica Zombek Ferris

    Seller's Agent in 2016

    Jessica Zombek Ferris

    Keller Williams Realty Elite

    (336) 602-0969

    273 Total Sales

    Jessica Zombek Ferris
    Section Image

  • D

    Seller's Agent in 2015

    Denisa Watkins

    American Home Leasing and Sales

    (336) 972-7368

    13 Total Sales

    Denisa Watkins
    Section Image
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Map

Source: Triad MLS

MLS Number: 1028108

Triad MLS

APN: 6833-90-3780

North Carolina Forsyth County Winston-Salem 27107

501 Salem Springs Dr, Winston-Salem, NC

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