NOT LISTED FOR SALE

5110 Springhouse Farm Rd Winston Salem, NC 27107

Estimated Value: $264,000 - $290,000

3 Beds
2 Baths
1,400 Sq Ft
$200/Sq Ft Est. Value

Last Sold July 02, 2015

Last sale price $110,000 $79 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $1,582/month

4 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Carpet
  • 2 Car Attached Garage
  • Ceiling Fan

About This Home

As of July 2015

One level living in this 3-bedroom home with two full baths. Deck overlooks wooded area; two-car garage. Large master bedroom with trey ceiling and master bath has separate shower and garden tub. Separate laundry room and pantry. Breakfast/dining area has bay window and living room leads to rear deck. Currently best price in Springhouse Farm and motivated seller!

Last Buyer's Agent

John Alspaw

Salem Realty License #206713

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $939

Year Built

  • Built in 2001

Lot Details

  • 0.35 Acre Lot
  • Cleared Lot
  • Property is zoned RS20

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,320 Sq Ft Home
  • 1,100-1,400 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Pull Down Stairs to Attic
  • Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Utilities

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

Community Details

  • No Home Owners Association
  • Spring House Farm Subdivision

Listing and Financial Details

  • Legal Lot and Block 045 / 2668A
  • Assessor Parcel Number 6843422167
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$939

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.35
  • Subdivision Name: Spring House Farm
  • Directions: 52S, Exit South Main, Left on Barnes, Left on Old Lexington Rd., Right on Friendship Ledford Rd, Left on Springhouse Farm Rd
  • Above Grade Finished Sq Ft: 1320
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 2001
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1400
  • TRIADMLS_PorchYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Appliance Center, Gas Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Pantry, Separate Shower
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1320
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Cleared
  • Construction Type: Vinyl Siding
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: 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: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 6843422167
  • Zoning: RS20
  • TRIADMLS_PricePerAcre: 338571.4286
  • TRIADMLS_DeedPage: 99
  • TRIADMLS_DeedBook: 3099
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 939
  • Tax Block: 2668A
  • Tax Lot: 045
  • Tax Map Number: 645831
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 0.8168

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2015
Closed on
Jul 2, 2015
Sold by
Freeman James S
Bought by
King Roger G and King Mary K
Buyer's Agent
John Alspaw
Salem Realty
List Price
$118,500
Sold Price
$110,000
Premium/Discount to List
-$8,500
-7.17%
Current Estimated Value
$279,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,435
Avg. Annual Appreciation
8.98%

Purchase Details

Listed on
Jun 1, 2012
Closed on
Dec 28, 2012
Sold by
Foster Kenneth and Foster Sarah Anne
Bought by
Freeman James S
Seller's Agent
Wendy Sloan
Allen Tate Winston Salem
List Price
$139,000
Sold Price
$102,000
Premium/Discount to List
-$37,000
-26.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.05%
Original Mortgage
$105,366
Interest Rate
3.38%
Mortgage Type
VA

Purchase Details

Closed on
Sep 6, 2006
Sold by
C F Freeman Construction Co
Bought by
Foster Kenneth and Foster Sarah Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,900
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2006
Sold by
Freeman Charles Franklin and Freeman Courtney J
Bought by
C F Freeman Construction Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2001
Sold by
C F Freeman Construction Company Inc
Bought by
Freeman Charles Franklin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6%

Purchase Details

Closed on
Apr 24, 2001
Sold by
Hubbard Realty Of Winston Salem Inc
Bought by
C F Freeman Construction Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,700
Interest Rate
6.9%
Mortgage Type
Construction
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
King Roger G $110,000 None Available
Freeman James S $102,000 None Available
Foster Kenneth $139,000 None Available
C F Freeman Construction Co $130,000 None Available
Freeman Charles Franklin $120,000 --
C F Freeman Construction Company $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Freeman James S $105,366
Previous Owner Foster Kenneth $138,900
Previous Owner C F Freeman Construction Co $117,000
Previous Owner Freeman Charles Franklin $64,000
Previous Owner Freeman Charles Franklin $40,000
Previous Owner Freeman Charles Franklin $80,000
Previous Owner C F Freeman Construction Company $86,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2015 07/02/15 Sold $110,000 -7.2% $100 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $118,500 +16.2% $108 / Sq Ft
12/28/2012 12/28/12 Sold $102,000 -26.6% $77 / Sq Ft
09/03/2012 09/03/12 Pending -- -- --
06/01/2012 06/01/12 For Sale $139,000 -- $105 / 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 $1,273 $158,300 $35,000 $123,300
2023 $1,273 $158,300 $35,000 $123,300
2022 $1,273 $158,300 $35,000 $123,300
2021 $1,237 $158,300 $35,000 $123,300
2020 $1,088 $123,200 $26,000 $97,200
2019 $1,101 $127,900 $0 $0
2018 $1,058 $123,200 $26,000 $97,200
2016 $955 $114,856 $34,100 $80,756
2015 $955 $114,856 $34,100 $80,756
2014 $939 $114,856 $34,100 $80,756
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 760678

Triad MLS

APN: 6843-42-2167