NOT LISTED FOR SALE

521 Scholastic Ct Unit 521 Winston Salem, NC 27106

Bethabara Neighborhood

Estimated Value: $167,000 - $172,000

2 Beds
2 Baths
1,200 Sq Ft
$168/mo HOA Fee

Last Sold July 31, 2017

Last sale price $70,500 $59 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $1,168/month

19 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • Carpet

About This Home

As of July 2017

Convenient 2nd level condominium located in the University area. Two bedrooms & two full baths. Great room includes fireplace with gas logs. Neutral colors throughout. Water heater was replaced in 2016. The laundry room is in the unit. Refrigerator, Washer & Dryer remain. Secure entrance to the building. Agent is the owner.

Last Agent to Sell the Property

Tori Boysen

Berkshire Hathaway HomeServices Carolinas Realty License #180456 Listed on: 06/09/2017

Berkshire Hathaway HomeServices Carolinas Realty

Last Buyer's Agent

Scott Marshall

RE/MAX Preferred Properties License #208005

RE/MAX Preferred Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $938

Year Built

  • Built in 2002

Lot Details

  • Sprinkler System

HOA Fees

  • $168 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,137 Sq Ft Home
  • 1,000-1,200 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Lighted Parking
  • Paved Parking

Utilities

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

Community Details

  • Deacon Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6827250083
  • 1% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$938

Year Built

Built in 2002

Lot Details

0

HOA Fees

$168 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Subdivision Name: Deacon Ridge
  • Directions: Silas Creek Parkway; to N. Point Blvd; Right on Bethabara; left into Deacon Ridge; right on Scholastic Court to 500 building
  • Above Grade Finished Sq Ft: 1137
  • Architectural Style: Condo Upper
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 2002
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1200
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Pantry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1137
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Sprinkler System
  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Lighted, Paved

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 168
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 6827250083
  • Zoning: RM12-S
  • TRIADMLS_PricePerAcre: 2466666.6667
  • TRIADMLS_DeedPage: 3903
  • TRIADMLS_DeedBook: 2551
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 938.31
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 1.316

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2017
Closed on
Jul 26, 2017
Sold by
Reece Mark Holcomb and Reece Anna Kathryn
Bought by
Lewis Morgan Ranee and Lewis Regina Hollins
Seller's Agent
Tori Boysen
Berkshire Hathaway HomeServices Carolinas Realty
Buyer's Agent
Scott Marshall
RE/MAX Preferred Properties
List Price
$74,000
Sold Price
$70,500
Premium/Discount to List
-$3,500
-4.73%
Current Estimated Value
$168,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,445
Avg. Annual Appreciation
11.37%
Original Mortgage
$66,975
Outstanding Balance
$55,810
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$113,732

Purchase Details

Closed on
Mar 23, 2005
Sold by
Warren Adam Paul
Bought by
Reece Mark Holcomb and Reece Anna Kathryn

Purchase Details

Closed on
Jan 22, 2003
Sold by
John Kavanagh Co
Bought by
Warren Adam Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,300
Interest Rate
5.98%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Lewis Morgan Ranee $71,000 None Available
Reece Mark Holcomb $88,000 --
Warren Adam Paul $84,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Morgan Ranee $66,975
Previous Owner Warren Adam Paul $82,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2017 07/31/17 Sold $70,500 -4.7% $71 / Sq Ft
06/29/2017 06/29/17 Pending -- -- --
06/09/2017 06/09/17 For Sale $74,000 -- $74 / 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 $1,301 $97,200 $15,000 $82,200
2023 $1,301 $97,200 $15,000 $82,200
2022 $1,277 $97,200 $15,000 $82,200
2021 $1,254 $97,200 $15,000 $82,200
2020 $1,030 $74,600 $12,000 $62,600
2019 $1,038 $74,600 $12,000 $62,600
2018 $985 $74,600 $12,000 $62,600
2016 $938 $71,347 $12,000 $59,347
2015 $924 $71,347 $12,000 $59,347
2014 -- $71,347 $12,000 $59,347
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 838253

Triad MLS

APN: 6827-25-0083