NOT LISTED FOR SALE

508 Stonegate Ln Winston Salem, NC 27104

South Fork Neighborhood

Estimated Value: $1,974,000 - $3,849,000

5 Beds
7 Baths
11,700 Sq Ft
$245/Sq Ft Est. Value

Last Sold December 14, 2016

Last sale price $2,275,000 $194 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $18,080/month

16 Days on Market

Highlights

  • Sauna
  • 1.33 Acre Lot
  • Wood Flooring
  • Whitaker Elementary School Rated A-
  • Great Room with Fireplace
  • Main Floor Primary Bedroom

About This Home

As of December 2016

NO RESERVE AUCTION: November 18. Available for the first time to the public. This newly renovated, grand European manor with 11,000sf+ of living space, grounds, and designer details are located in the heart of Winston-Salem. Details include Guest House, intricate built-ins, woodwork, hardwood, slate, tile, arched doorways, vaulted and coffered ceilings; and 6 fps. Interior spaces include a grand 35ft foyer made from hand-selected Tennessee stone with a fireplace and antique chandelier. Stunning.

Last Agent to Sell the Property

John-Mark Mitchell

Mitchell Forbes Global Properties License #189940 Listed on: 10/14/2016

Last Buyer's Agent

John-Mark Mitchell

Mitchell Forbes Global Properties License #189940 Listed on: 10/14/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,840

Year Built

  • Built in 1992

Lot Details

  • 1.33 Acre Lot
  • Fenced
  • Sprinkler System
  • Property is zoned RS9

Parking

  • 5 Car Garage
  • Circular Driveway

Home Design

  • Stone

Interior Spaces

  • 11,133 Sq Ft Home
  • 10,000-11,700 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Ceiling Fan
  • Arched Doorways
  • Great Room with Fireplace
  • 6 Fireplaces
  • Living Room with Fireplace
  • Sauna
  • Finished Basement
  • Fireplace in Basement
  • Dryer Hookup

Kitchen

  • Double Oven
  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Property has a Home Owners Association
  • Stone Oaks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6815168718
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,840

Year Built

Built in 1992

Lot Details

0

Parking

5

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.33
  • Lot Size: See Plat
  • Subdivision Name: Stone Oaks
  • Directions: On Country Club Rd, Turn Right onto Sherwood Forest Rd, Turn Left onto Nottingham Rd, At the end of the road, Turn Left onto Stonegate Lane
  • Above Grade Finished Sq Ft: 11133
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1992
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 3400 - 4000
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 10000 - 11700
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: Auction

Interior Features

  • Appliances: Oven, Built-In Range, Dishwasher, Disposal, Double Oven, Exhaust Fan, Gas Water Heater
  • Flooring: Stone, Tile, Wood
  • Interior Amenities: Great Room, Guest Quarters, Arched Doorways, Built-in Features, Ceiling Fan(s), Dead Bolt(s), Sauna, Vaulted Ceiling(s), Wet Bar
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 3779
  • Fireplace Features: Double Sided, Gas Log, Basement, Great Room, Living Room, Primary Bedroom
  • Fireplaces: 6
  • Living Area: 11133
  • Main Level Bathrooms: 2
  • TRIADMLS_HalfBathsLower: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Balcony, Lighting, Garden, Sprinkler System
  • Fencing: Fenced
  • Construction Type: Stone

Garage/Parking

  • Garage Spaces: 5
  • Parking Features: Driveway, Garage, Paved, Circular Driveway, Garage Door Opener, Attached, Detached
  • Garage Description: Attached Garage, Detached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Security: Security Lights, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Parcel #: 6815168718
  • Zoning: RS9
  • TRIADMLS_PricePerAcre: 2368421.0526
  • TRIADMLS_DeedPage: 3035
  • TRIADMLS_DeedBook: 3280
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 36840
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 1.316

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2016
Closed on
Nov 14, 2016
Sold by
Kqc Hildebrandt Llc
Bought by
Welborn Timothy and Welborn Michelle
Seller's Agent
John-Mark Mitchell
Mitchell Forbes Global Properties
Buyer's Agent
John-Mark Mitchell
Mitchell Forbes Global Properties
List Price
$3,150,000
Sold Price
$2,275,000
Premium/Discount to List
-$875,000
-27.78%
Current Estimated Value
$2,862,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$587,678
Avg. Annual Appreciation
2.64%
Original Mortgage
$820,000
Outstanding Balance
$660,798
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$2,201,880

Purchase Details

Closed on
Apr 13, 2016
Sold by
Thomas A Depasquale Management Trust
Bought by
Filipowski Andrew J
Source: Public Records

Range of Values:

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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
Welborn Timothy $2,275,000 None Available
Filipowski Andrew J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welborn Timothy $820,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2016 12/14/16 Sold $2,275,000 -27.8% $228 / Sq Ft
10/31/2016 10/31/16 Pending -- -- --
10/14/2016 10/14/16 For Sale $3,150,000 -- $315 / 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 $34,830 $2,601,600 $265,000 $2,336,600
2023 $34,830 $2,601,600 $265,000 $2,336,600
2022 $34,180 $2,601,600 $265,000 $2,336,600
2021 $33,566 $2,601,600 $265,000 $2,336,600
2020 $33,693 $2,439,900 $250,000 $2,189,900
2019 $33,937 $2,439,900 $250,000 $2,189,900
2018 $169 $2,439,900 $250,000 $2,189,900
2016 $36,840 $2,799,372 $250,000 $2,549,372
2015 $36,280 $2,799,372 $250,000 $2,549,372
2014 $35,183 $2,799,372 $250,000 $2,549,372
Source: Public Records

Agents Affiliated with this Home

  • John-Mark Mitchell

    Seller's Agent in 2016

    John-Mark Mitchell

    Mitchell Forbes Global Properties

    (336) 225-5392

    74 Total Sales

    John-Mark Mitchell
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Map

Source: Triad MLS

MLS Number: 811558

Triad MLS

APN: 6815-16-8718

North Carolina Forsyth County Winston-Salem 27104 South Fork

508 Stonegate Ln, Winston-Salem, NC

This home is located at 508 Stonegate Ln, Winston Salem, NC 27104 since 14 October 2016 and is currently estimated at $2,862,678, approximately $244 per square foot. This property was built in 1992. 508 Stonegate Ln is a home located in Forsyth County with nearby schools including Whitaker Elementary School, Wiley Magnet Middle School, and Reynolds High School.

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