NOT LISTED FOR SALE

508 Inverness Dr Winston Salem, NC 27107

Estimated Value: $635,000 - $814,000

6 Beds
4 Baths
4,400 Sq Ft
$164/Sq Ft Est. Value

Last Sold September 06, 2018

Last sale price $470,000 $107 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,239/month

13 Days on Market

Highlights

  • On Golf Course
  • Great Room with Fireplace
  • Wood Flooring
  • Wallburg Elementary School Rated A-
  • Transitional Architecture
  • Attic

About This Home

As of September 2018

Luxury, well maintained home on hole #12 of Meadowlands Golf. Custom finishes throughout including granite, crown, hardwoods, tile, wainscoting... 2brs on main including master, 2nd floor w/ 3brs including lg 5th bedroom/bonus. Basement w/ huge 29' x 20'+ entertaining/office area, full kitchen, bth, workshop and 6th br/inlaw suite. Screened porch/deck overlooking backyard w/patio & fire pit perfect for entertaining.Upgraded lighting, plumbing fixtures, carpet, fireplace and landscaping. See agent only.

Last Agent to Sell the Property

Andy Millsaps

Coldwell Banker Advantage License #268236 Listed on: 06/08/2018

Coldwell Banker Advantage

Co-Listed By

Lawana Jay

Coldwell Banker Advantage License #148748

Last Buyer's Agent

Jeff Kintner

Coldwell Banker Advantage License #116586

Coldwell Banker Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,986

Year Built

  • Built in 2005

Lot Details

  • 0.38 Acre Lot
  • On Golf Course
  • Sprinkler System

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Vinyl Siding
  • Stone

Interior Spaces

  • 4,146 Sq Ft Home
  • 3,700-4,400 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Great Room with Fireplace
  • 2 Fireplaces
  • Finished Basement
  • Fireplace in Basement
  • Dryer Hookup
  • Attic

Kitchen

  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Separate Shower

Outdoor Features

  • Balcony
  • Porch

Utilities

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

Community Details

  • Meadowlands Subdivision

Listing and Financial Details

  • Tax Lot 90
  • Assessor Parcel Number 01012B0000090000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,986

Year Built

Built in 2005

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.38
  • Co List Office Mls Id: WCOL02
  • Co List Office Phone: 336-725-0506
  • Subdivision Name: Meadowlands
  • Directions: Hwy 109 to Motsinger rd, Right on Meadowlands, Rt on Inverness. Home is on the right.
  • Above Grade Finished Sq Ft: 4146
  • Architectural Style: Transitional
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 2005
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 1200 - 1500
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3700 - 4400
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_AdCopy: Luxury home in Meadowlands Golf. Custom finishes throughout. 2brs on main including master, 2nd floor w/ 3brs including lg 5th bedroom/bonus. Finished basement w/kitchen,bth,workshop and 6th br/inlaw suite. Screened porch/deck,backyard w/patio & fire pit.
  • Special Features: None

Interior Features

  • Appliances: Microwave, Cooktop, Dishwasher, Range Hood, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Great Room, Built-in Features, Ceiling Fan(s), Dead Bolt(s), In-Law Floorplan, Pantry, Separate Shower, Solid Surface Counter, Vaulted Ceiling(s)
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1396
  • Fireplace Features: Gas Log, Basement, Great Room
  • Fireplaces: 2
  • Living Area: 4146
  • Main Level Bathrooms: 2
  • Attic Description: Floored Attic
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Balcony, Sprinkler System
  • Lot Features: On Golf Course
  • Pool Features: None
  • Construction Type: Brick, Stone, Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Carbon Monoxide Detector(s), 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: 350
  • 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 #: 01012B0000090000
  • Zoning: Res
  • TRIADMLS_PricePerAcre: 1276052.6316
  • TRIADMLS_DeedPage: 1283
  • TRIADMLS_DeedBook: 1662
  • TRIADMLS_PlatBook: 44-16
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2985.66
  • Tax Lot: 90
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 0.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2018
Closed on
Sep 5, 2018
Sold by
Gilbert Mark S and Gilbert Elaine Renee
Bought by
Lewis James R and Lewis Sheila T
Seller's Agent
Andy Millsaps
Coldwell Banker Advantage
Buyer's Agent
Jeff Kintner
Coldwell Banker Advantage
List Price
$484,900
Sold Price
$470,000
Premium/Discount to List
-$14,900
-3.07%
Current Estimated Value
$722,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,885
Avg. Annual Appreciation
5.87%
Original Mortgage
$376,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 29, 2005
Sold by
Collins Homes Inc
Bought by
Gilbert Mark S and Gilbert Elaine Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.04%
Mortgage Type
Unknown
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
Lewis James R $470,000 None Available
Gilbert Mark S $425,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis James R $262,000
Closed Lewis James R $268,000
Closed Lewis James R $376,000
Previous Owner Gilbert Mark S $378,400
Previous Owner Gilbert Mark S $200,000
Previous Owner Gilbert Mark S $200,000
Previous Owner Gilbert Mark S $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2018 09/06/18 Sold $470,000 -3.1% $127 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $484,900 -- $131 / 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 $3,252 $515,240 $0 $0
2023 $3,252 $515,240 $0 $0
2022 $3,248 $515,240 $0 $0
2021 $3,248 $515,240 $0 $0
2020 $2,953 $468,460 $0 $0
2019 $2,998 $468,460 $0 $0
2018 $2,986 $466,510 $0 $0
2017 $2,986 $466,510 $0 $0
2016 $2,986 $466,510 $0 $0
2015 $2,986 $466,510 $0 $0
2014 $3,059 $478,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 890907

Triad MLS

APN: 01-012-B-000-0090-0-0-0