NOT LISTED FOR SALE

5038 Pinewood Dr Winston Salem, NC 27106

Georgetown-Beacon Hill Neighborhood

Estimated Value: $196,000 - $213,000

2 Beds
2 Baths
1,398 Sq Ft
$147/Sq Ft Est. Value

Last Sold September 14, 2020

Last sale price $120,000 $86 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,244/month

1 Day on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating and Cooling System
  • Hanes Middle Rated A-
  • Detached Carport Space
  • Wood Siding

About This Home

As of September 2020

Bungalow style Duplex with nice size yard, includes a dog run. Both 1 Bedroom units are currently rented! Appliances included in both. Small common storage area in basement, separate driveways for each unit plus a common 2 car carport parking spot. Convenient to WFU, shopping, restaurants, and quick access to downtown.

Last Agent to Sell the Property

Ronda Cooper

Blue Door Group Real Estate License #294231 Listed on: 07/28/2020

Last Buyer's Agent

Gary Bryan

ERA Live Moore License #303596

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,211

Year Built

  • Built in 1956

Lot Details

  • 0.68 Acre Lot
  • Cleared Lot

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Driveway

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Washer and Dryer Hookup
  • Basement

Flooring

  • Wood
  • Tile

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 009 / 3512
  • Assessor Parcel Number 6818513681
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 1,398 Sq Ft Building

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,211

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.68
  • Directions: Silas Creek Pkwy N-left on Fairlawn Drive, Rt on Reynolda, Rt on Bethabara Park Blvd, Left on Bethabara Rd; Slight right onto Pinewood Dr. Duplex is on the right
  • Architectural Style: Garden
  • Building Stories: 1
  • Year Built: 1956
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_ElevatorYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Tile, Wood
  • TRIADMLS_ApproxSqFtRange: 1200 - 1500
  • Basement YN: Yes

Exterior Features

  • Lot Features: Cleared
  • Pool Features: None
  • Construction Type: Wood Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Detached Carport
  • Garage Description: Detached Carport

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Washer/Dryer Connection
  • Cooling: Central Air, Window Unit(s)
  • Heating: Forced Air, Heat Pump, Electric, Oil
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Oil
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6818513681
  • Zoning: RS12
  • TRIADMLS_PricePerAcre: 169117.6471
  • TRIADMLS_PlatPage: 207
  • TRIADMLS_DeedPage: 3082
  • TRIADMLS_DeedBook: 2986
  • TRIADMLS_PlatBook: 16
  • TRIADMLS_AcresRange: 1 - 1

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Units Furnished: None
  • Number Of Units Leased: 2

Tax Info

  • Tax Annual Amount: 1211.48
  • Tax Block: 3512
  • Tax Lot: 009
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 1.3909

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2020
Closed on
Sep 14, 2020
Sold by
Stac Properties Llc
Bought by
Ritter David Alexander
Seller's Agent
Ronda Cooper
Blue Door Group Real Estate
Buyer's Agent
Gary Bryan
ERA Live Moore
Sold Price
$120,000
Current Estimated Value
$205,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,190
Avg. Annual Appreciation
11.76%
Original Mortgage
$108,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2011
Sold by
Minton Charlotte A
Bought by
Stac Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.58%
Mortgage Type
Purchase Money Mortgage
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
Ritter David Alexander $120,000 None Available
Stac Properties Llc -- None Available
Stac Properties Llc $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ritter David Alexander $200,000
Closed Ritter David Alexander $108,000
Previous Owner Stac Properties Llc $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2020 09/14/20 Sold $120,000 -- $86 / 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 $1,612 $120,400 $30,000 $90,400
2023 $1,612 $120,400 $30,000 $90,400
2022 $1,582 $120,400 $30,000 $90,400
2021 $1,553 $120,400 $30,000 $90,400
2020 $1,203 $87,100 $14,900 $72,200
2019 $1,211 $87,100 $14,900 $72,200
2018 $1,151 $87,100 $14,900 $72,200
2016 $1,107 $84,091 $14,400 $69,691
2015 $1,090 $84,091 $14,400 $69,691
2014 $1,057 $84,091 $14,400 $69,691
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Ronda Cooper

    Blue Door Group Real Estate

    (336) 391-5010

    1 in this area

    46 Total Sales

    Ronda Cooper
    Section Image

  • G

    Buyer's Agent in 2020

    Gary Bryan

    ERA Live Moore

    (336) 661-5106

    2 in this area

    78 Total Sales

    Gary Bryan
    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 987641

Triad MLS

APN: 6818-51-3681

North Carolina Forsyth County Winston-Salem 27106 Georgetown-Beacon Hill

5038 Pinewood Dr, Winston-Salem, NC

This home is located at 5038 Pinewood Dr, Winston Salem, NC 27106 since 28 July 2020 and is currently estimated at $205,190, approximately $146 per square foot. This property was built in 1956. 5038 Pinewood Dr is a home located in Forsyth County with nearby schools including Old Town Elementary School, Hanes Middle, and North Forsyth High.

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.

Nearby Homes