NOT LISTED FOR SALE

5225 Ivystone Ln Winston Salem, NC 27104

Harmony Grown-Town Center Neighborhood

Estimated Value: $355,477 - $381,000

4 Beds
2.5 Baths
2,400 Sq Ft
$155/Sq Ft Est. Value

Last Sold March 25, 2020

Last sale price $230,000 $96 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,295/month

7 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Attached Garage
  • Carpet
  • Meadowlark Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of March 2020

Location, Location, Location! Minutes from just about everything, fantastic value in Ivystone! This beautiful 4 bed/2.5 bath home w/loads of upgrades, surround sound, abundance of light, gorgeous kitchen w/island, open floor plan. large Master bedroom with separate shower, large 4th BR/bonus, clean 2 car garage opens into kitchen. If you are looking for convenience, this is your home!

Last Agent to Sell the Property

Michael Ferrin

Leonard Ryden Burr Real Estate License #275814 Listed on: 02/25/2020

Last Buyer's Agent

Steve Casselman

eXp Realty LLC License #272611

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,494

Year Built

  • Built in 2003

Lot Details

  • 7,841 Sq Ft Lot
  • Property is zoned RS9

HOA Fees

  • $22 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,224 Sq Ft Home
  • 2,000-2,400 Sq Ft Home
  • Property has 2 Levels
  • Den with Fireplace
  • Laundry on upper level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Meadowlark Middle School
  • Reagan High School

Utilities

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

Community Details

  • Ivystone Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5894891574
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,494

Year Built

Built in 2003

Lot Details

0

HOA Fees

$22 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Subdivision Name: Ivystone
  • Directions: 421 N. to R-Peacehaven, L-Ivystone
  • Above Grade Finished Sq Ft: 2224
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2003
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2000 - 2400
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 2224
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Laundry Room - 2nd Level
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 22
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Meadowlark
  • High School: Reagan
  • Middle Or Junior School: Meadowlark

Lot Info

  • Parcel #: 5894891574
  • Zoning: RS9
  • TRIADMLS_PricePerAcre: 1305000
  • TRIADMLS_DeedPage: 1489
  • TRIADMLS_DeedBook: 2783
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2493.89
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 1.3909

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2020
Sold by
Cerberus Sfr Holdings V L P
Bought by
Fkh Sfr Propco A L P
Current Estimated Value
$371,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$826,242,000
Outstanding Balance
$14,774,094
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
-$14,402,725

Purchase Details

Listed on
Feb 25, 2020
Closed on
Mar 23, 2020
Sold by
Liu Chun and Dong Chenghai
Bought by
Cerberus Sfr Holdings V Lp
Seller's Agent
Michael Ferrin
Leonard Ryden Burr Real Estate
Buyer's Agent
Steve Casselman
eXp Realty LLC
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.24%

Purchase Details

Closed on
Aug 30, 2007
Sold by
Holmes James E
Bought by
Liu Chun and Dong Chenghai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2005
Sold by
Galloway Anthony B and Galloway Latonya S
Bought by
Holmes James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,200
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2003
Sold by
Westminster Homes Inc
Bought by
Galloway Anthony B and Galloway Latonya S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,550
Interest Rate
5.6%
Mortgage Type
FHA
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
Fkh Sfr Propco A L P -- None Available
Cerberus Sfr Holdings V Lp $230,000 None Available
Liu Chun $195,000 None Available
Holmes James E $178,000 --
Galloway Anthony B $156,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fkh Sfr Propco A L P $826,242,000
Previous Owner Dong Chenghai $150,000
Previous Owner Dong Chenghai $158,000
Previous Owner Dong Cheghai $145,400
Previous Owner Dong Cheghai $52,200
Previous Owner Dong Chenghai $154,000
Previous Owner Liu Chun $156,000
Previous Owner Holmes James E $160,200
Previous Owner Galloway Anthony B $153,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2020 03/25/20 Sold $230,000 -- $115 / 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
2023 $2,982 $222,700 $46,000 $176,700
2022 $2,926 $222,700 $46,000 $176,700
2021 $2,873 $222,700 $46,000 $176,700
2020 $2,476 $0 $0 $0
2019 $2,494 $179,300 $37,400 $141,900
2018 $2,368 $179,300 $37,400 $141,900
2016 $2,323 $176,524 $37,350 $139,174
2015 $2,287 $176,524 $37,350 $139,174
2014 $2,218 $176,524 $37,350 $139,174
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Michael Ferrin

    Leonard Ryden Burr Real Estate

    143 Total Sales

    Michael Ferrin
    Section Image

  • S

    Buyer's Agent in 2020

    Steve Casselman

    eXp Realty LLC

    (704) 773-4345

    1 in this area

    1,966 Total Sales

    Steve Casselman
    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 967535

Triad MLS

APN: 5894-89-1574

North Carolina Forsyth County Winston-Salem 27104 Harmony Grown-Town Center

5225 Ivystone Ln, Winston-Salem, NC

This home is located at 5225 Ivystone Ln, Winston Salem, NC 27104 since 25 February 2020 and is currently estimated at $371,369, approximately $154 per square foot. This property was built in 2003. 5225 Ivystone Ln is a home located in Forsyth County with nearby schools including Meadowlark Elementary School, Meadowlark Middle School, and Ronald W. Reagan High School.

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