NOT LISTED FOR SALE

524 Scholastic Ct Unit 524 Winston Salem, NC 27106

Bethabara Neighborhood

Estimated Value: $166,000 - $172,000

2 Beds
2 Baths
1,300 Sq Ft
$190/mo HOA Fee

Last Sold October 30, 2018

Last sale price $78,250 $60 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,190/month

35 Days on Market

Highlights

  • Attic
  • Forced Air Heating and Cooling System
  • Carpet
  • 1 Fireplace
  • Ceiling Fan

About This Home

As of October 2018

This two bed two bath condo meets the definition of clean and move in ready. Raised first floor entry with security door and camera. High ceilings, ceiling fan, fireplace and large galley kitchen. Large dramatic windows allowing for loads of natural light. Large Laundry room. Located in the shadows of Wake Forest University. Will not last long.

Last Agent to Sell the Property

James Garner

The Garner Realty Firm License #283972 Listed on: 08/10/2018

Last Buyer's Agent

James Garner

The Garner Realty Firm License #283972 Listed on: 08/10/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $976

Year Built

  • Built in 2002

Lot Details

  • 1,307

HOA Fees

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,169 Sq Ft Home
  • 1,000-1,300 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • 1 Fireplace
  • Insulated Windows
  • Insulated Doors
  • Dryer Hookup
  • Attic

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • Deacon Ridge Condos Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6827250085
  • 1% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$976

Year Built

Built in 2002

Lot Details

0

HOA Fees

$190 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Subdivision Name: Deacon Ridge Condos
  • Directions: Go north on Cherry St., from business 40. bear left onto University Parkway just past LJVM. Tuen left onto Bethabara Rd. deacon ridge is on the right.
  • Above Grade Finished Sq Ft: 1169
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 2002
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1300
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Gas Water Heater
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s), Pantry, Vaulted Ceiling(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Insulated Doors
  • Fireplace Features: Gas Log, Primary Bedroom
  • Fireplaces: 1
  • Living Area: 1169
  • Main Level Bathrooms: 2
  • Attic Description: No Access
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: City Lot, Subdivided
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Deck

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas
  • Energy Features: Insulated Doors, Insulated Windows

Condo/Co-op/Association

  • Association #2 Fee: 9.14
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 181
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 6827250085
  • Zoning: RM-12S
  • TRIADMLS_PricePerAcre: 2650000
  • TRIADMLS_DeedPage: 04243
  • TRIADMLS_DeedBook: 002374
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 976
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.3209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2018
Closed on
Oct 26, 2018
Sold by
Morton Moses Yasmin and Moses Darrell
Bought by
Lovill Edward F
Seller's Agent
James Garner
The Garner Realty Firm
Buyer's Agent
James Garner
The Garner Realty Firm
List Price
$79,500
Sold Price
$78,250
Premium/Discount to List
-$1,250
-1.57%
Current Estimated Value
$168,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,629
Avg. Annual Appreciation
11.70%
Original Mortgage
$58,687
Outstanding Balance
$51,905
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$116,006

Purchase Details

Closed on
Jul 9, 2003
Sold by
John Kavanagh Co
Bought by
Morton Yasmin K and Morton Rudolph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,700
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
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
Lovill Edward F $78,500 None Available
Morton Yasmin K $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovill Edward F $58,687
Previous Owner Morton Yasmin K $81,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2018 10/30/18 Sold $78,250 -1.6% $78 / Sq Ft
09/15/2018 09/15/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $79,500 -- $80 / 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 $1,020 $73,900 $12,000 $61,900
2019 $1,028 $73,900 $12,000 $61,900
2018 $976 $73,900 $12,000 $61,900
2016 $930 $70,684 $12,000 $58,684
2015 $916 $70,684 $12,000 $58,684
2014 $889 $70,684 $12,000 $58,684
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 899426

Triad MLS

APN: 6827-25-0085