NOT LISTED FOR SALE

520 Covington Ridge Rd Winston Salem, NC 27107

Estimated Value: $317,000 - $346,000

4 Beds
2.5 Baths
2,500 Sq Ft
$133/Sq Ft Est. Value

Last Sold July 12, 2018

Last sale price $179,000 $72 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,039/month

10 Days on Market

Highlights

  • Transitional Architecture
  • Porch
  • Tile Flooring
  • No HOA
  • 1 Car Attached Garage
  • Outdoor Storage

About This Home

As of July 2018

Lovely 2 story home w/ 4 bedroom and 2.5 baths has been well maintained & is in great condition! Plenty of room to have guests over w/ formal dining & living room. Master bedroom & bathroom is very open. Quartz counters in upstairs bathroom. Den is cozy w/ wood beams & gas log fireplace. Kitchen is updated & open w/ tile backsplash & a breakfast nook. Laundry has cabinets for extra storage. Argone Windows have lifetime warranty & are only 6 years old. Backyard has beautiful landscaping w/ a storage shed.

Last Agent to Sell the Property

Terri Bias

Terri Bias and Associates License #165216 Listed on: 05/21/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,055

Year Built

  • Built in 1993

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 74 x 187 x 78 x 192
  • Fenced
  • Property is zoned RS9

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,304 Sq Ft Home
  • 2,000-2,500 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Insulated Windows
  • Den with Fireplace
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Covington Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6864875621
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,055

Year Built

Built in 1993

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.33
  • Lot Size: 74 x 187 x 78 x 192
  • Subdivision Name: Covington Ridge
  • Directions: I 40 to Union Cross Exit. South Bound on Union Cross. Take a Right on Glenn Hi Road. Turn Right on Covington Ridge Road. House is on the left. 520 Covington Ridge Road.
  • Above Grade Finished Sq Ft: 2304
  • Architectural Style: Transitional
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1993
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2000 - 2500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Pantry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Den
  • Fireplaces: 1
  • Living Area: 2304
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Garden
  • Fencing: Fenced
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • 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: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Windows

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 #: 6864875621
  • Zoning: RS9
  • TRIADMLS_PricePerAcre: 560303.0303
  • TRIADMLS_DeedPage: 04015
  • TRIADMLS_DeedBook: 001854
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2055
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.3209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2018
Closed on
Jul 11, 2018
Sold by
Garling Steven and Garling Janice
Bought by
Ballard John Walter and Bryant Lindsey A
Seller's Agent
Terri Bias
Terri Bias and Associates
List Price
$184,900
Sold Price
$179,000
Premium/Discount to List
-$5,900
-3.19%
Current Estimated Value
$332,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,785
Avg. Annual Appreciation
9.06%
Original Mortgage
$175,757
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 21, 1995
Bought by
Garling and Garling
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
Ballard John Walter $179,000 None Available
Garling $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballard John Walter $75,000
Open Ballard John Walter $178,600
Closed Ballard John Walter $173,881
Closed Ballard John Walter $175,757
Previous Owner Garling Steven $121,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2018 07/12/18 Sold $179,000 -3.2% $90 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $184,900 -- $92 / 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 $2,761 $206,200 $41,000 $165,200
2023 $2,761 $206,200 $41,000 $165,200
2022 $2,709 $206,200 $41,000 $165,200
2021 $2,660 $206,200 $41,000 $165,200
2020 $2,240 $162,200 $22,100 $140,100
2019 $2,256 $162,200 $22,100 $140,100
2018 $2,055 $155,600 $22,100 $133,500
2016 $1,823 $138,508 $22,100 $116,408
2015 $1,795 $138,508 $22,100 $116,408
2014 $1,741 $138,508 $22,100 $116,408
Source: Public Records

Agents Affiliated with this Home

  • Terri Bias

    Seller's Agent in 2018

    Terri Bias

    Terri Bias and Associates

    (336) 399-7726

    310 Total Sales

    Terri Bias
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Map

Source: Triad MLS

MLS Number: 887863

Triad MLS

APN: 6864-87-5621

North Carolina Forsyth County Winston-Salem 27107

520 Covington Ridge Rd, Winston-Salem, NC

This home is located at 520 Covington Ridge Rd, Winston Salem, NC 27107 since 21 May 2018 and is currently estimated at $332,785, approximately $133 per square foot. This property was built in 1993. 520 Covington Ridge Rd is a home located in Forsyth County with nearby schools including Union Cross Elementary School, Southeast Middle School, and R.B. Glenn High School.

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