NOT LISTED FOR SALE

525 Spring Farm Ct Lewisville, NC 27023

Estimated Value: $464,047 - $529,000

4 Beds
3.5 Baths
2,900 Sq Ft
$172/Sq Ft Est. Value

Last Sold July 21, 2015

Last sale price $252,000 $87 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,879/month

50 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Community Pool
  • Meadowlark Elementary School Rated A-
  • Solid Surface Countertops
  • Cul-De-Sac

About This Home

As of July 2015

Fabulous Saddlebrook home offers nice updates and large square footage. Main level has new hardwood floors, spacious formal and informal living spaces, updated, oversized kitchen with granite counters and stainless steel appliances. Master suite has updated bath with tiled shower and granite vanity top. Second story laundry room measures 13 x 9 with built-ins. Quiet cul-de-sac lot. Walk to neighborhood pool.

Last Agent to Sell the Property

Brenna Fallin

Berkshire Hathaway HomeServices Carolinas Realty License #215813 Listed on: 04/13/2015

Berkshire Hathaway HomeServices Carolinas Realty

Last Buyer's Agent

Nathaniel Birdsong

Salem Realty License #281090

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,194

Year Built

  • Built in 1993

Lot Details

  • 0.42 Acre Lot
  • Cul-De-Sac
  • Fenced
  • Property is zoned RS9

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Basement Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2,737 Sq Ft Home
  • 2,400-2,900 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Den with Fireplace
  • Pull Down Stairs to Attic
  • Finished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower

Schools

  • Meadowlark Middle School
  • Reagan High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 5885753645
  • 1% Total Tax Rate

Community Details

Overview

  • Saddlebrook Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,194

Year Built

Built in 1993

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.42
  • Subdivision Name: Saddlebrook
  • Directions: 421 N to Lewisville-Clemmons; Straight on Lewisville-Clemmons; R On Arbor Run Drive; R on Ridge Gate; L on Fairhaven Ct; L on Riding Ridge; L on Saddlebrook Cr; R on Spring Farm Ct
  • Above Grade Finished Sq Ft: 2737
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Year Built: 1993
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 400 - 500
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2400 - 2900
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Pantry, Separate Shower, Solid Surface Counter
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Den
  • Fireplaces: 1
  • Living Area: 2737
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cul-De-Sac
  • Pool Features: Community
  • Construction Type: Vinyl Siding
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, Basement
  • Garage Description: Basement Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: 350
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 5885753645
  • Zoning: RS9
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2194.32
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 0.9718

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2015
Closed on
Jul 20, 2015
Sold by
Wellborn David A and Wellborn Charlene P
Bought by
Vanvansteenburgh Craig Van and Steenburgh Catherine S Van
Seller's Agent
Brenna Fallin
Berkshire Hathaway HomeServices Carolinas Realty
Buyer's Agent
Nathaniel Birdsong
Salem Realty
List Price
$258,900
Sold Price
$252,000
Premium/Discount to List
-$6,900
-2.67%
Current Estimated Value
$499,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,762
Avg. Annual Appreciation
6.89%
Original Mortgage
$200,000
Outstanding Balance
$152,548
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$347,214

Purchase Details

Closed on
Dec 26, 2001
Sold by
Shealy Roger C and Shealy Gilda P
Bought by
Wellborn David A and Wellborn Charlene P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,500
Interest Rate
6.81%
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
Vanvansteenburgh Craig Van $252,000 Attorney
Wellborn David A $208,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanvansteenburgh Craig Van $200,000
Previous Owner Wellborn David A $355,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2015 07/21/15 Sold $252,000 -2.7% $105 / Sq Ft
06/03/2015 06/03/15 Pending -- -- --
04/13/2015 04/13/15 For Sale $258,900 -- $108 / 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
2025 $2,806 $461,200 $74,900 $386,300
2024 $2,678 $283,800 $56,400 $227,400
2023 $2,678 $283,800 $56,400 $227,400
2022 $2,678 $283,800 $56,400 $227,400
2021 $2,664 $283,800 $56,400 $227,400
2020 $2,706 $268,500 $50,500 $218,000
2019 $2,733 $268,500 $50,500 $218,000
2018 $2,642 $268,500 $50,500 $218,000
2016 $2,231 $225,801 $45,125 $180,676
2015 $2,231 $225,801 $45,125 $180,676
2014 $2,194 $225,801 $45,125 $180,676
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 752722

Triad MLS

APN: 5885-75-3645