NOT LISTED FOR SALE

5201 Riverwest Rd Lewisville, NC 27023

Estimated Value: $754,000 - $875,000

3 Beds
3.5 Baths
4,300 Sq Ft
$194/Sq Ft Est. Value

Last Sold November 18, 2021

Last sale price $561,000 $130 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,727/month

53 Days on Market

Highlights

  • Wooded Lot
  • Transitional Architecture
  • No HOA
  • Lewisville Elementary School Rated A
  • Wood Flooring
  • Arched Doorways

About This Home

As of November 2021

Beautifully detailed, custom home nestled on three acres of private woodlands. Stunning kitchen boasts custom granite with attached kitchenette. Leading beyond the kitchenette is your private back deck with a great amount of space to grill and entertain. Laundry and powder room share a hallway with an oversized pantry. Master on main with two large walk-in closets dividing the master bath. Leading down the stairwell, you will enter the recreational room with private patio. Along with two bedrooms with attached full bathrooms, the lower level has a theatre room with full surround sound hookup for entertainment. You will also find the office, workshop, and more than plenty of storage on this level. Rare find in desirable Lewisville, NC. Sellers are relocating.

Last Agent to Sell the Property

Alli Pendergrass

Mitchell Forbes Global Properties License #320404 Listed on: 08/24/2021

Mitchell Forbes Global Properties

Last Buyer's Agent

Beth Alphin

Berkshire Hathaway HomeServices Carolinas Realty License #153152

Berkshire Hathaway HomeServices Carolinas Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,122

Year Built

  • Built in 2007

Lot Details

  • 3 Acre Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned AG

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 4,082 Sq Ft Home
  • 3,600-4,300 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Arched Doorways
  • Living Room with Fireplace
  • Pull Down Stairs to Attic
  • Dishwasher
  • Dryer Hookup
  • Finished Basement

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • Balcony
  • Porch

Schools

  • Meadowlark Middle School
  • West Forsyth High School

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Propane
  • Well
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • River West Subdivision

Listing and Financial Details

  • Legal Lot and Block 107 / 4423
  • Assessor Parcel Number 5855748329
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,122

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 3
  • Subdivision Name: River West
  • Directions: -Take 421 South Dinkins Bottoms Rd toward Baltimore rd. Turn right. Turn left onto Courtney-Huntsville Rd. Take a sharp right onto Williams Rd. Pass Westbend winery. Riverwest Rd is the next road on the left.
  • Above Grade Finished Sq Ft: 4082
  • Architectural Style: Transitional
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 2007
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 1600 - 2000
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3600 - 4300
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range Hood, Tankless Water Heater
  • Flooring: Carpet, Laminate, Tile, Vinyl, Wood
  • Interior Amenities: Arched Doorways, Built-in Features, Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Pantry, Sound System
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Blower Fan, Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 4082
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_HalfBathsUpper: 1
  • TRIADMLS_FullBathsLower: 2
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Balcony, Lighting, Garden
  • Fencing: None
  • Lot Features: Partially Cleared, Wooded
  • Pool Features: None
  • Exclusions: Tv's, Antique Telephones,Furniture, Decor
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Heat Pump, Zoned, Electric, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Tankless

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Lewisville
  • High School: West Forsyth
  • Middle Or Junior School: Meadowlark

Lot Info

  • Parcel #: 5855748329
  • Zoning: AG
  • TRIADMLS_AcresRange: 3 - 3

Tax Info

  • Tax Annual Amount: 4121.7
  • Tax Block: 4423
  • Tax Lot: 107
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.6778

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Nov 16, 2021
Sold by
Grimes Justin and Grimes Brittney
Bought by
Gerber Michael J and Whitaker Karen D
Seller's Agent
Alli Pendergrass
Mitchell Forbes Global Properties
Buyer's Agent
Beth Alphin
Berkshire Hathaway HomeServices Carolinas Realty
Sold Price
$561,000
Current Estimated Value
$832,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,385
Avg. Annual Appreciation
10.51%
Original Mortgage
$261,000
Outstanding Balance
$239,161
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$593,224

Purchase Details

Listed on
Oct 26, 2020
Closed on
Dec 18, 2020
Sold by
Cox William F and Cox Lara H
Bought by
Grimes Justin and Grimes Brittney
Seller's Agent
Toni Phillips
Leonard Ryden Burr Real Estate
Buyer's Agent
Tara Thomas
Howard Hanna Allen Tate - Winston Salem
Sold Price
$529,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%
Original Mortgage
$502,550
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2006
Sold by
Cox William F and Cox Lara H
Bought by
Cox William F and Cox Lara H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 13, 2006
Sold by
Magarello Anthony and Magarello Helen
Bought by
Cox William F and Cox Lara H

Purchase Details

Closed on
Dec 21, 2005
Sold by
Magarello Anthony and Magarello Helen
Bought by
Cox William F and Cox Lara H
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gerber Michael J $561,000 None Available
Grimes Justin $529,000 None Available
Cox William F -- None Available
Cox William F -- None Available
Cox William F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerber Michael J $261,000
Previous Owner Grimes Justin $502,550
Previous Owner Cox William F $376,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2021 11/18/21 Sold $561,000 +6.0% $156 / Sq Ft
12/18/2020 12/18/20 Sold $529,000 -- $165 / Sq Ft View Prior Sale
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
2025 $4,443 $804,200 $130,000 $674,200
2024 $4,415 $575,800 $115,000 $460,800
2023 $4,415 $575,800 $115,000 $460,800
2022 $4,415 $575,800 $115,000 $460,800
2021 $4,632 $608,100 $115,000 $493,100
2020 $4,240 $510,300 $155,500 $354,800
2019 $4,291 $510,300 $155,500 $354,800
2018 $4,119 $510,300 $155,500 $354,800
2016 $3,937 $485,490 $157,590 $327,900
2015 $3,937 $485,490 $157,590 $327,900
2014 $3,859 $485,490 $157,590 $327,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1039608

Triad MLS

APN: 5855-74-8329