NOT LISTED FOR SALE

531 Scholastic Ct Unit 531 Winston Salem, NC 27106

Bethabara Neighborhood

Estimated Value: $172,000 - $178,000

2 Beds
2 Baths
1,200 Sq Ft
$279/mo HOA Fee

Last Sold May 21, 2024

Last sale price $170,000 $142 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,305/month

Highlights

  • Attic
  • Ceiling Fan
  • Carpet
  • Central Air

About This Home

As of May 2024

Great opportunity to own condo in Deacon Ridge. Close to Wake Forest University, ideal for students and staff. Kitchen Has brand new appliances that convey. Don't miss out on this opportunity for a hassle-free lifestyle in beautiful, gated community with 24/7 surveillance cameras. Schedule a viewing today and make this your new home sweet home!

Last Agent to Sell the Property

Ben Birdsong

Salem Realty License #295365 Listed on: 05/04/2024

Last Buyer's Agent

Tammy Ann Chilton

Ann Chilton Realty, Inc. License #209466

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,277

Year Built

  • Built in 2002

Lot Details

  • 1,307

HOA Fees

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,135 Sq Ft Home
  • 1,000-1,200 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Attic

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Deacon Ridge Condos Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6827250086
  • 1% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,277

Year Built

Built in 2002

Lot Details

0

HOA Fees

$279 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Lot Size: 0
  • Subdivision Name: Deacon Ridge Condos
  • Directions: From University Parkway turn into Deacon Ridge, Building is first on your right.
  • Above Grade Finished Sq Ft: 1135
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 2002
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1200
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1135
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Deck, Paved

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Heat Pump, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association #2 Fee: 21.1
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 257.73
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 6827250086
  • Zoning: RM12-S
  • TRIADMLS_PricePerAcre: 5666666.6667
  • TRIADMLS_DeedPage: 03204
  • TRIADMLS_DeedBook: 003614
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1277.01
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 1.3389

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2024
Closed on
May 17, 2024
Sold by
Hurst Haley and Leonard Dylon P
Bought by
Perimeter Point Properties Llc
Seller's Agent
Ben Birdsong
Salem Realty
Buyer's Agent
Tammy Ann Chilton
Ann Chilton Realty, Inc.
List Price
$170,000
Sold Price
$170,000
Views
19
Current Estimated Value
$173,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,831
Avg. Annual Appreciation
1.68%

Purchase Details

Listed on
Apr 8, 2021
Closed on
May 25, 2021
Sold by
Sikel Matthew S and Sikel Linda H
Bought by
Hurst Teressa and Hurst Kris
Seller's Agent
Steven Montgomery
Berkshire Hathaway HomeServices Carolinas Realty
Buyer's Agent
Ben Birdsong
Salem Realty
Sold Price
$122,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.82%
Original Mortgage
$97,600
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2010
Sold by
Richter Charles H and Richter Carolyn L
Bought by
Sikel Matthew S and Sikel Linda H

Purchase Details

Closed on
Jul 6, 2007
Sold by
Vaughan Carter A and Vaughan Ashlee Whaylen
Bought by
Richter Charles H and Richter Carolyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,250
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2005
Sold by
Sparrow William R and Sparrow Kristina M
Bought by
Vaughan Carter A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,560
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2002
Sold by
John Kavanagh Company
Bought by
Sparrow William R and Sparrow Kristina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,330
Interest Rate
6.19%
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
Perimeter Point Properties Llc $170,000 None Listed On Document
Perimeter Point Properties Llc $170,000 None Listed On Document
Hurst Teressa $122,000 None Available
Sikel Matthew S $91,000 None Available
Richter Charles H $95,000 None Available
Vaughan Carter A $93,500 Bb&T
Sparrow William R $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perimeter Point Properties Llc $136,000
Previous Owner Hurst Teressa $97,600
Previous Owner Richter Charles H $90,250
Previous Owner Vaughan Carter A $74,560
Previous Owner Sparrow William R $86,330
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $170,000 0.0% $170 / Sq Ft
05/05/2024 05/05/24 Pending -- -- --
05/04/2024 05/04/24 For Sale $170,000 +39.3% $170 / Sq Ft
06/02/2021 06/02/21 Sold $122,000 -- $122 / 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 $1,030 $74,600 $12,000 $62,600
2019 $1,038 $74,600 $12,000 $62,600
2018 $985 $74,600 $12,000 $62,600
2016 $938 $71,347 $12,000 $59,347
2015 $924 $71,347 $12,000 $59,347
2014 $896 $71,347 $12,000 $59,347
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1141487

Triad MLS

APN: 6827-25-0086