NOT LISTED FOR SALE

5205 Lambeth Farm Ln N Unit 5205 Kernersville, NC 27284

Downtown Kernersville Neighborhood

Estimated Value: $144,000 - $154,080

2 Beds
1 Bath
1,000 Sq Ft
$227/mo HOA Fee

Last Sold February 23, 2024

Last sale price $138,000 $138 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,098/month

29 Days on Market

Highlights

  • Outdoor Pool
  • Balcony
  • Forced Air Heating and Cooling System
  • Kernersville Middle Rated 9+

About This Home

As of February 2024

Great move in ready 2 bedroom 1 bath mid-level condo located in Kernersville, neutral colors, LVP flooring, neighborhood pool, all appliances including washer and dryer will convey. Balcony with extra storage and close proximity to dining, shopping and easy access to the highway for commuters.

Last Agent to Sell the Property

Christy Jacobus

Leonard Ryden Burr Real Estate License #297420 Listed on: 01/02/2024

Co-Listed By

Michele Russell

Leonard Ryden Burr Real Estate License #298523

Last Buyer's Agent

Kelly Anders

Real Broker, LLC License #249010

Real Broker, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $996

Year Built

  • Built in 2002

Lot Details

  • 436

HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 946 Sq Ft Home
  • 800-1,000 Sq Ft Home
  • Property has 1 Level
  • Laminate Flooring

Kitchen

  • Convection Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Paved Parking

Outdoor Features

  • Outdoor Pool
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 525
  • Assessor Parcel Number 6886034787
  • 1% Total Tax Rate

Community Details

Overview

  • Mcconnell Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$996

Year Built

Built in 2002

Lot Details

0

HOA Fees

$227 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.01
  • Co List Office Mls Id: WLRB01
  • Co List Office Phone: 336-779-9200
  • Subdivision Name: Mcconnell
  • Directions: From Salem Parkway East take Exit 224 to S Main St left; Left onto S Cherry St; Left onto Oakhurst St; Left onto N Lambeth Farm Lane; 2nd Bldg on the Left.
  • Above Grade Finished Sq Ft: 946
  • Architectural Style: Condo Upper
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 2002
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 800 - 1000
  • TRIADMLS_PorchYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Convection Oven, Dishwasher, Electric Water Heater
  • Flooring: Laminate
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 946
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Balcony
  • Fencing: None
  • Pool Features: Community
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: Yes

Garage/Parking

  • Parking Features: Paved, No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association #2 Fee: 44
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 183
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 6886034787
  • Zoning: RSQS
  • TRIADMLS_PricePerAcre: 13800000
  • TRIADMLS_PlatPage: 9-11
  • TRIADMLS_DeedPage: 3679
  • TRIADMLS_DeedBook: 3725
  • TRIADMLS_PlatBook: 6
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 996.16
  • Tax Lot: 525
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 1.2368

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
Feb 20, 2024
Sold by
Pierce Brianna
Bought by
Reichart Jacob Taylor
Seller's Agent
Christy Jacobus
Leonard Ryden Burr Real Estate
Buyer's Agent
Kelly Anders
Real Broker, LLC
List Price
$138,000
Sold Price
$138,000
Views
70
Current Estimated Value
$149,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,270
Avg. Annual Appreciation
5.09%
Original Mortgage
$117,300
Outstanding Balance
$115,338
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$33,932

Purchase Details

Listed on
Sep 27, 2022
Closed on
Oct 14, 2022
Sold by
Jones Ashley L and Jones Ryan A
Bought by
Pierce Brianna
Seller's Agent
Michele Davis
Allen Tate Oak Ridge - Highway 68
Buyer's Agent
Christy Jacobus
Leonard Ryden Burr Real Estate
List Price
$124,900
Sold Price
$132,000
Premium/Discount to List
$7,100
5.68%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.42%
Original Mortgage
$125,400
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 11, 2020
Closed on
Dec 15, 2020
Sold by
Weavil Mary E
Bought by
Jones Ashley L and Smith Ryan A
Seller's Agent
Jennifer Hollowell
Real Broker LLC
Buyer's Agent
Heather Busnack
eXp Realty
Sold Price
$90,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.86%
Original Mortgage
$90,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2005
Sold by
Mitchell Heather W and Mitchell Jonathan N
Bought by
Weavil Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2003
Sold by
Mulvaney Homes Inc
Bought by
Wood Heather Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,550
Interest Rate
5.86%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Reichart Jacob Taylor $138,000 None Listed On Document
Reichart Jacob Taylor $138,000 None Listed On Document
Pierce Brianna $132,000 --
Pierce Brianna $132,000 None Listed On Document
Jones Ashley L $90,000 None Available
Weavil Mary E $85,000 --
Wood Heather Renee $85,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reichart Jacob Taylor $117,300
Closed Reichart Jacob Taylor $117,300
Previous Owner Pierce Brianna $125,400
Previous Owner Jones Ashley L $90,000
Previous Owner Weavil Mary E $61,100
Previous Owner Weavil Mary E $85,000
Previous Owner Wood Heather Renee $83,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $138,000 0.0% $173 / Sq Ft
02/01/2024 02/01/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $138,000 +4.5% $173 / Sq Ft
10/28/2022 10/28/22 Sold $132,000 +5.7% $147 / Sq Ft
09/29/2022 09/29/22 Pending -- -- --
09/27/2022 09/27/22 For Sale $124,900 +38.8% $139 / Sq Ft
12/17/2020 12/17/20 Sold $90,000 -- $113 / 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 $996 $76,500 $13,300 $63,200
2023 $996 $76,500 $13,300 $63,200
2022 $986 $76,500 $13,300 $63,200
2021 $986 $76,500 $13,300 $63,200
2020 $872 $63,400 $13,300 $50,100
2019 $879 $63,400 $13,300 $50,100
2018 $860 $63,400 $13,300 $50,100
2016 $844 $61,794 $15,400 $46,394
2015 $827 $61,794 $15,400 $46,394
2014 $818 $61,794 $15,400 $46,394
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 1128910

Triad MLS

APN: 6886-03-4787