NOT LISTED FOR SALE

525 Adams Gate Rd Winston Salem, NC 27107

Estimated Value: $323,000 - $354,000

3 Beds
2 Baths
1,940 Sq Ft
$174/Sq Ft Est. Value

Last Sold April 05, 2012

Last sale price $171,000 $88 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,054/month

12 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Central Air
  • Porch
  • Tile Flooring

About This Home

As of April 2012

Brick one level home with open floor plan and gorgeous landscaped yard! Large living area with wood laminate flooring, formal dining area and updated kitchen. Separate bedroom plan with master bedroom on rear of house. Lots of windows and french doors open up to patio to relax and enjoy private back yard. Recent improvements include vinyl wrap exterior trim, seamless gutters, replacement windows and new garage doors. Priced to sell!

Last Agent to Sell the Property

Jerri Banner

Banner Team Properties Brokered by EXP Realty License #187266 Listed on: 02/24/2012

Banner Team Properties Brokered by EXP Realty

Last Buyer's Agent

Vicki Crutchfield

Coldwell Banker Advantage License #226100

Coldwell Banker Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,152

Year Built

  • Built in 1993

Lot Details

  • 0.47 Acre Lot
  • Property is zoned RS9

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,940 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Adams Gate Subdivision

Listing and Financial Details

  • Legal Lot and Block 011 / 5632C
  • Assessor Parcel Number 6864972224
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,152

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.47
  • Subdivision Name: Adams Gate
  • Directions: I40E to Union Cross, R off exit, R-Glen Hi, R-Adams Gate, house on right
  • Above Grade Finished Sq Ft: 1940
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1993
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1940
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Built-in Features, Soaking Tub, Pantry, Separate Shower
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1940
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 6864972224
  • Zoning: RS9
  • TRIADMLS_DeedPage: 841
  • TRIADMLS_DeedBook: 2022

Tax Info

  • Tax Annual Amount: 2152.08
  • Tax Block: 5632C
  • Tax Lot: 011
  • Tax Map Number: 666846
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 1.149

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2012
Closed on
Apr 2, 2012
Sold by
American Tire Distributors Inc
Bought by
Vestich Sarah T and Vestich Mark A
Seller's Agent
Jerri Banner
Banner Team Properties Brokered by EXP Realty
Buyer's Agent
Vicki Crutchfield
Coldwell Banker Advantage
List Price
$175,900
Sold Price
$171,000
Premium/Discount to List
-$4,900
-2.79%
Current Estimated Value
$337,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,754
Avg. Annual Appreciation
5.16%
Original Mortgage
$60,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 1998
Sold by
Ciener Gregory M and Ciener Jane L
Bought by
Holland Thomas M and Holland Gail S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,200
Interest Rate
6.92%
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
Vestich Sarah T $171,000 None Available
Holland Thomas M $161,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Vestich Sarah T $60,000
Previous Owner Holland Thomas M $129,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2012 04/05/12 Sold $171,000 -2.8% $88 / Sq Ft
03/08/2012 03/08/12 Pending -- -- --
02/24/2012 02/24/12 For Sale $175,900 -- $91 / 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 $3,073 $229,500 $41,000 $188,500
2023 $3,073 $229,500 $41,000 $188,500
2022 $3,015 $229,500 $41,000 $188,500
2021 $2,961 $229,500 $41,000 $188,500
2020 $2,520 $182,500 $26,500 $156,000
2019 $2,538 $182,500 $26,500 $156,000
2018 $2,411 $182,500 $26,500 $156,000
2016 $2,198 $167,011 $26,520 $140,491
2015 $2,164 $167,011 $26,520 $140,491
2014 $2,099 $167,011 $26,520 $140,491
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 635212

Triad MLS

APN: 6864-97-2224