NOT LISTED FOR SALE

5301 Lambeth Farm Ln N Unit 5301 Kernersville, NC 27284

Downtown Kernersville Neighborhood

Estimated Value: $141,000 - $147,000

2 Beds
1 Bath
1,100 Sq Ft
$169/mo HOA Fee

Last Sold June 29, 2022

Last sale price $113,600 $103 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,062/month

32 Days on Market

Highlights

  • Outdoor Pool
  • Balcony
  • Carpet

About This Home

As of June 2022

Super cute Condo in Kernersville ready to make your own! This 2 Bed 1 Bath condominium is located in the Mcconnell subdivision on the 3rd. floor. Great place to have morning coffee on the balcony then take a dip in the pool nearby. Shopping and Highway nearby. HVAC about 2 yrs. old! Perfect for an owner occupant; the HOA restricts the number of active rentals. Buyers agents please check with HOA's if working with investors.

Last Agent to Sell the Property

Paul Cook

Home Sweet Home Real Estate, LLC License #296955 Listed on: 05/23/2022

Last Buyer's Agent

James Joseph

IJS Realty License #293247

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $966

Year Built

  • Built in 2002

Lot Details

  • Sprinkler System

HOA Fees

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 981 Sq Ft Home
  • 800-1,100 Sq Ft Home
  • Property has 1 Level
  • Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Pool
  • Balcony

Schools

  • Kernersville Middle School
  • East Forsyth High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 6886035749
  • 1% Total Tax Rate

Community Details

Overview

  • Mcconnell Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$966

Year Built

Built in 2002

Lot Details

0

HOA Fees

$169 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.01
  • Subdivision Name: Mcconnell
  • Directions: From S Main St Kernersville, Head southwest on S Main St toward Harmon Ln, Turn right onto Oakhurst St, Turn left onto Lambeth Farm Ln, Turn left onto McConnell Ct. then immediate right on Cobble Crossing to park behind Condominium building.
  • Above Grade Finished Sq Ft: 981
  • Architectural Style: Condo Upper
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 2002
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 800 - 1100
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 981
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Balcony, Sprinkler System
  • Pool Features: Community
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: Yes

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association #2 Fee: 39
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 130
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Kernersville
  • High School: East Forsyth
  • Middle Or Junior School: Kernersville

Lot Info

  • Parcel #: 6886035749
  • Zoning: RSQS
  • TRIADMLS_PricePerAcre: 11500000
  • TRIADMLS_DeedPage: 809
  • TRIADMLS_DeedBook: 3413
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 966
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1.2368

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Jun 24, 2022
Sold by
Matthew Lince Paul
Bought by
Goins Aubrey Dean
Seller's Agent
Paul Cook
Home Sweet Home Real Estate, LLC
Buyer's Agent
James Joseph
IJS Realty
List Price
$115,000
Sold Price
$113,600
Premium/Discount to List
-$1,400
-1.22%
Current Estimated Value
$147,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,541
Avg. Annual Appreciation
8.85%
Original Mortgage
$96,560
Outstanding Balance
$92,527
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$55,352

Purchase Details

Listed on
Apr 9, 2018
Closed on
Jul 2, 2018
Sold by
Mesquiti Lara A and Mesquiti Ernest
Bought by
Lince Paul Matthew
Seller's Agent
Shirley Ramsey
Keller Williams Realty
Buyer's Agent
Paul Cook
Home Sweet Home Real Estate, LLC
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.02%
Original Mortgage
$58,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2003
Sold by
Mulvaney Homes Inc
Bought by
Bricker Lara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,877
Interest Rate
5.88%
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
Goins Aubrey Dean -- None Listed On Document
Lince Paul Matthew $65,000 None Available
Bricker Lara A $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goins Aubrey Dean $96,560
Previous Owner Lince Paul Matthew $58,500
Previous Owner Lince Paul Matthew $8,000
Previous Owner Bricker Lara A $73,425
Previous Owner Bricker Lara A $82,877
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2022 06/29/22 Sold $113,600 -1.2% $142 / Sq Ft
06/25/2022 06/25/22 Pending -- -- --
05/23/2022 05/23/22 For Sale $115,000 +76.9% $144 / Sq Ft
07/02/2018 07/02/18 Sold $65,000 0.0% $81 / Sq Ft
05/19/2018 05/19/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $65,000 -- $81 / 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 $976 $74,900 $13,300 $61,600
2022 $966 $74,900 $13,300 $61,600
2021 $966 $74,900 $13,300 $61,600
2020 $855 $62,100 $13,300 $48,800
2019 $861 $62,100 $13,300 $48,800
2018 $843 $62,100 $13,300 $48,800
2016 $828 $60,630 $15,400 $45,230
2015 $811 $60,630 $15,400 $45,230
2014 $803 $60,630 $15,400 $45,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1070744

Triad MLS

APN: 6886-03-5749