NOT LISTED FOR SALE

5125 Paramount Rd Pfafftown, NC 27040

Estimated Value: $166,935 - $363,000

6 Acres
$36,023 Price per Acre
264,801 Sq Ft Lot

Last Sold November 15, 2013

Last sale price $70,000

Est. 213% increase in value since last sale

Current estimated payment $1,166/month

40 Days on Market

Highlights

  • No HOA
  • Timber
  • Level Lot
  • Ronald W. Reagan High School Rated A

About This Lot

As of November 2013

6.08 acre vacant land for sale located 7 miles from Wake Forest University and 11 miles from downtown Winston-Salem. The land is comprised of 1 acres of open pasture and 5 acres of mature, mixed hardwood forest. Most of the soil is suitable for septic systems per recent soil evaluation. Paramount Road borders the property for over 850 feet. Seller will consider dividing property into two parcels. Approximately $9,000 of standing timber.

Last Listed By

John Shipley

Shipley Co LLC License #265293 Listed on: 09/08/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $544

Year Built

  • 1965

Lot Details

  • 6.08 Acre Lot
  • Street terminates at a dead end
  • Level Lot
  • Property is zoned Agriculture

Farming

  • Timber

Listing and Financial Details

  • 0% Total Tax Rate

Community Details

Overview

  • No Home Owners Association

Recreation

  • No Wake Zone

Property Details

Property Type

Land

Est. Annual Taxes

$544

Year Built

1965

Lot Details

0

Listing Details

  • Property Sub Type: Agriculture
  • Prop. Type: Land
  • Lot Size Acres: 6.079
  • Road Frontage Type: Easement
  • Directions: From Seward Road in Pfafftown, turn south onto Paramount Road. Property located on the left about 0.25 miles
  • Special Features: None
  • Year Built (Public Record): 1965

Exterior Features

  • Lot Features: Timber, Dead End, Level

Utilities

  • Electric: Duke Power
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Wooded Area: 217800
  • Zoning: Agriculture
  • TRIADMLS_PricePerAcre: 11515.0518
  • TRIADMLS_ClearedAcres: 1.079
  • TRIADMLS_PlatPage: 42
  • TRIADMLS_DeedPage: 53
  • TRIADMLS_DeedBook: 1705
  • TRIADMLS_PlatBook: 61
  • TRIADMLS_AcresRange: 5 - 106

Tax Info

  • Tax Annual Amount: 544.1
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 0.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2007
Sold by
Simpson Joe Neal and Simpson Vicki W
Bought by
Newsom Richard Wayne
Total Days on Market
40
Current Estimated Value
$218,984

Purchase Details

Closed on
Jul 31, 2003
Sold by
Hutchins Donald Gray and Hutchins Betty S
Bought by
Simpson Joe Neal

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
Newsom Richard Wayne $5,000 None Available
Simpson Joe Neal $3,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2013 11/15/13 Sold $70,000 -12.5% --
10/19/2013 10/19/13 Pending -- -- --
09/08/2013 09/08/13 For Sale $80,000 -- --
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
2023 $30 $3,900 $3,800 $100
2022 $30 $3,900 $3,800 $100
2021 $30 $3,900 $3,800 $100
2020 $30 $3,500 $3,500 $0
2019 $30 $3,500 $3,500 $0
2018 $29 $3,500 $3,500 $0
2016 $32 $3,889 $3,889 $0
2015 $32 $3,889 $3,889 $0
2014 $31 $3,889 $3,889 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    John Shipley

    Shipley Co LLC

    (336) 497-0749

    248 Total Sales

    John Shipley
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Map

Source: Triad MLS

MLS Number: 684264

Triad MLS

APN: 5898-39-2185

North Carolina Forsyth County Pfafftown 27040

5125 Paramount Rd, Pfafftown, NC

Homes for Sale in Pfafftown, NC

This home is located at 5125 Paramount Rd, Pfafftown, NC 27040 since 08 September 2013 and is currently estimated at $218,984. This property was built in 1965. 5125 Paramount Rd is a home located in Forsyth County with nearby schools including Old Richmond Elementary School, Northwest Middle, and Ronald W. Reagan High School.

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