NOT LISTED FOR SALE

531 Timberline Ridge Ln Unit 531 Winston Salem, NC 27106

Bethabara Neighborhood

Estimated Value: $164,000 - $173,568

2 Beds
2 Baths
1,200 Sq Ft
$190/mo HOA Fee

Last Sold August 26, 2019

Last sale price $85,000 $71 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $1,204/month

13 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • Carpet

About This Home

As of August 2019

A nice top level condo in popular Deacon Ridge. This condo features 2 bedrooms and 2 baths with all appliances, gas fireplace, vaulted ceilings, gas hot water and furnace and laundry room all in a secure building shaded by beautiful trees. Come see this home. Great as a first time home or as an investment. Minutes to WFU and downtown.

Last Agent to Sell the Property

John Riggins

Keller Williams Realty Elite License #268608 Listed on: 07/03/2019

Keller Williams Realty Elite

Co-Listed By

Mark Saunders

Saunders Realty LLC License #208613

Last Buyer's Agent

Lindsay Brandon

Howard Hanna Allen Tate - Winston Salem License #202653

Howard Hanna Allen Tate - Winston Salem

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $967

Year Built

  • Built in 2001

Lot Details

  • 1,307

HOA Fees

  • $190 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,130 Sq Ft Home
  • 1,000-1,200 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

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 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6827156206
  • 1% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$967

Year Built

Built in 2001

Lot Details

0

HOA Fees

$190 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: WSAUNDR01
  • Co List Office Phone: 336-939-6275
  • Subdivision Name: Deacon Ridge
  • Directions: Silas Creek Parkway to Bethabara Rd. Right on Bethabara to left into Deacon Ridge Dr. Follow Deacon Ridge thru traffic circle to Timberline Ridge Ln. 500 Building on left
  • Above Grade Finished Sq Ft: 1130
  • Architectural Style: Condo Upper
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 2001
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1200
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Pantry, Vaulted Ceiling(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1130
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: City Lot, Subdivided
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Deck, No Garage
  • Garage Description: None

Utilities

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

Condo/Co-op/Association

  • Association Fee: 190
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 6827156206
  • Zoning: RM 12-5
  • TRIADMLS_PricePerAcre: 2933333.3333
  • TRIADMLS_DeedPage: 1704
  • TRIADMLS_DeedBook: 2485
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 967
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 1.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2019
Closed on
Aug 22, 2019
Sold by
Reece John L and Reece Faye C
Bought by
Davis Chancellor
Seller's Agent
John Riggins
Keller Williams Realty Elite
Buyer's Agent
Lindsay Brandon
Howard Hanna Allen Tate - Winston Salem
Sold Price
$85,000
Current Estimated Value
$170,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,392
Avg. Annual Appreciation
12.08%
Original Mortgage
$76,500
Outstanding Balance
$67,000
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$103,392

Purchase Details

Closed on
Jul 2, 2004
Sold by
Hagler Brian N and Hagler Rachel Hunt
Bought by
Reece John L and Reece Faye C

Purchase Details

Closed on
Apr 19, 2001
Sold by
John Kavanagh Company
Bought by
Hagler Brian N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,400
Interest Rate
6.12%
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
Davis Chancellor $85,000 None Available
Reece John L $87,500 --
Hagler Brian N $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Chancellor $76,500
Previous Owner Hagler Brian N $87,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2021 06/16/21 Off Market $85,000 -- --
08/26/2019 08/26/19 Sold $85,000 -- $85 / 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 $1,287 $96,100 $15,000 $81,100
2023 $1,287 $96,100 $15,000 $81,100
2022 $1,263 $96,100 $15,000 $81,100
2021 $1,240 $96,100 $15,000 $81,100
2020 $1,011 $0 $0 $0
2019 $1,018 $73,200 $12,000 $61,200
2018 $967 $73,200 $12,000 $61,200
2016 $923 $70,053 $12,000 $58,053
2015 $909 $70,053 $12,000 $58,053
2014 $881 $70,053 $12,000 $58,053
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 939530

Triad MLS

APN: 6827-15-6206