NOT LISTED FOR SALE

507 Inverness Dr Winston Salem, NC 27107

Estimated Value: $599,000 - $686,000

4 Beds
3.5 Baths
2,700 Sq Ft
$238/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $582,000 $216 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,738/month

22 Days on Market

Highlights

  • In Ground Pool
  • Transitional Architecture
  • Main Floor Primary Bedroom
  • Wallburg Elementary School Rated A-
  • Wood Flooring
  • Corner Lot

About This Home

As of May 2022

Here is your opportunity to live in the highly desirable Meadowlands Golf Community! This captivating home features a formal dining room, a welcoming living room with a gas fireplace, high ceilings that allow light to stream through the home beautifully, and a primary bedroom on the main floor. Upstairs are three additional bedrooms, two full bathrooms, and a bonus room. Step outside to your dream backyard where you will find a screened-in porch, perfect for summer evenings, a deck, an inground pool with a stone water feature, and a hot tub! The side entry, two-car garage offers ample space with custom built-in shelving. Make this remarkable home yours today! Showings start Friday, April 8th.

Last Agent to Sell the Property

Morgan Bisanar

Redfin Corporation License #315846 Listed on: 04/06/2022

Last Buyer's Agent

Lauren Dykhoff

Triad Roots Realty License #284415

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,539

Year Built

  • Built in 2006

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 82 x 171 x 109 x 151 x 12 x 12
  • Fenced
  • Corner Lot
  • Property is zoned PDH

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Side Facing Garage

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,478 Sq Ft Home
  • 2,200-2,700 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room with Fireplace
  • Dryer Hookup

Kitchen

  • Convection Oven
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Porch

Schools

  • Oak Grove Middle School
  • Oak Grove High School

Utilities

  • Central Air
  • Multiple Heating Units
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Meadowlands Subdivision

Listing and Financial Details

  • Tax Lot 396
  • Assessor Parcel Number 01012B0000396000
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,539

Year Built

Built in 2006

Lot Details

0

HOA Fees

$31 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.4
  • Lot Size: 82 x 171 x 109 x 151 x 12 x 12
  • Subdivision Name: Meadowlands
  • Directions: From Meadowlands Dr, left onto Inverness Dr.
  • Above Grade Finished Sq Ft: 2478
  • Architectural Style: Transitional
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2006
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2200 - 2700
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Convection Oven, Dishwasher, Exhaust Fan, Gas Water Heater
  • Flooring: Carpet, Laminate, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Kitchen Island, Pantry, Separate Shower
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2478
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Pool Features: In Ground, Private
  • Construction Type: Brick
  • TRIADMLS_PoolYN: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Garage Door Opener, Garage Faces Side
  • Garage Description: Side Load Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security System, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Fireplace(s), Multiple Systems, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 375
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Wallburg
  • High School: Oak Grove
  • Middle Or Junior School: Oak Grove

Lot Info

  • Parcel #: 01012B0000396000
  • Zoning: PDH
  • TRIADMLS_PricePerAcre: 1405000
  • TRIADMLS_PlatPage: 35
  • TRIADMLS_DeedPage: 0849
  • TRIADMLS_DeedBook: 02505
  • TRIADMLS_PlatBook: 47
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2539
  • Tax Lot: 396
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.0059

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Sep 30, 2021
Sold by
Veals Mark and Veals Maureen
Bought by
Seabourne Rachel Vera and Schoemer Nathan
Seller's Agent
Sheena Knight
Homes of the Triad, LLC
Buyer's Agent
Rajan Jain
Iron Hand Realty
Sold Price
$531,500
Current Estimated Value
$642,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,875
Avg. Annual Appreciation
5.24%
Original Mortgage
$503,500
Outstanding Balance
$464,098
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$184,796

Purchase Details

Closed on
Jun 24, 2011
Sold by
Samnaz Inc
Bought by
Veals Mark and Veals Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,905
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2006
Sold by
Meadowlands Development Llc
Bought by
Samnaz Inc
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
Seabourne Rachel Vera $531,500 None Available
Veals Mark $320,000 None Available
Samnaz Inc $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seabourne Rachel Vera $503,500
Previous Owner Veals Mark L $268,000
Previous Owner Veals Mark $290,000
Previous Owner Veals Mark $303,905
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $582,000 +3.6% $265 / Sq Ft
04/30/2022 04/30/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $562,000 +5.7% $255 / Sq Ft
09/30/2021 09/30/21 Sold $531,500 -- $242 / 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 $2,481 $438,500 $0 $0
2023 $2,481 $438,500 $0 $0
2022 $2,650 $420,340 $0 $0
2021 $2,539 $402,810 $0 $0
2020 $2,370 $375,890 $0 $0
2019 $2,406 $375,890 $0 $0
2018 $2,406 $375,890 $0 $0
2017 $2,406 $375,890 $0 $0
2016 $2,406 $375,890 $0 $0
2015 $2,406 $375,890 $0 $0
2014 $2,223 $347,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1064672

Triad MLS

APN: 01-012-B-000-0396-0-0-0