NOT LISTED FOR SALE

541 Wallburg High Point Rd Winston Salem, NC 27107

Estimated Value: $237,000 - $1,180,000

3 Beds
1 Bath
1,600 Sq Ft
$453/Sq Ft Est. Value

Last Sold November 29, 2022

Last sale price $1,050,000 $656 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $3,935/month

7 Days on Market

Highlights

  • 89 Acre Lot
  • No HOA
  • Forced Air Heating and Cooling System
  • Wallburg Elementary School Rated A-

About This Home

As of November 2022

***Multiple offers received. Please submit highest and best offers by Monday, August 22, at 3PM***
Located 20 minutes from downtown Winston-Salem in the desirable and rapidly growing Wallburg area, this large tract is sure to move quickly. The property consists of 89 acres with over half a mile of road frontage on three sides, and the seller is open to sub-divide. Approximately 50 acres is in crop land and another 30 in timber. There is a small pond and a stream on the west side of Wallburg-HighPoint Road, and the east side has approximately 1350’ of frontage on Spurgeon Creek. There is a 1542 sq foot home on the north end of the property along with numerous older farm buildings. With municipal water available on High-Point Wallburg Rd and on Hwy 109, a fast growing market, and great schools, this is a fantastic opportunity! Don’t miss it. This property is being offered in multiple different listings. See our website or other MLS listings for more information

Last Agent to Sell the Property

Matthew Peachey

United Country Carolina Properties License #288160 Listed on: 08/11/2022

Last Buyer's Agent

Luke Vandall

Keller Williams One License #289447

Keller Williams One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,418

Year Built

  • Built in 1921

Lot Details

  • 89 Acre Lot
  • Property is zoned RA3

Home Design

  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,472 Sq Ft Home
  • 1,300-1,600 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0101100000022000
  • 24% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,418

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 89
  • Lot Size: 1542 sq ft
  • Subdivision Name: None
  • Directions: Wallburg Highpoint Rd. Half mile from Hwy 109 on the left. Watch for sign
  • Above Grade Finished Sq Ft: 1472
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1921
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1600
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1472
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Pool Features: None
  • Construction Type: Aluminum Siding, Vinyl Siding
  • TRIADMLS_PoolYN: No

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Oil
  • Water Source: Public, Well
  • TRIADMLS_HeatingFuel: Oil
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0101100000022000
  • Zoning: RA3
  • TRIADMLS_AcresRange: 80 - 93

Tax Info

  • Tax Annual Amount: 1418
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 24.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2025
Sold by
Ford Preston
Bought by
Lost Kayak Llc
Current Estimated Value
$725,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Outstanding Balance
$201,635
Interest Rate
6.85%
Mortgage Type
Credit Line Revolving
Estimated Equity
$523,817

Purchase Details

Closed on
Aug 12, 2024
Sold by
Ford Preston
Bought by
Wild Horses Development Llc

Purchase Details

Listed on
Aug 11, 2022
Closed on
Nov 23, 2022
Sold by
Fitzgerald Charlene Smith and Fitzgerald Charles P
Bought by
Mcgee Barry S and Mcgee Cynthia Swann
Seller's Agent
Matthew Peachey
United Country Carolina Properties
Buyer's Agent
Luke Vandall
Keller Williams One
List Price
$995,000
Sold Price
$1,050,000
Premium/Discount to List
$55,000
5.53%
Views
89

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.93%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lost Kayak Llc $270,000 None Listed On Document
Lost Kayak Llc $270,000 None Listed On Document
Wild Horses Development Llc $947,500 None Listed On Document
Wild Horses Development Llc $947,500 None Listed On Document
Mcgee Barry S -- --
Mcgee Barry S -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lost Kayak Llc $202,500
Closed Lost Kayak Llc $202,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2022 11/29/22 Sold $1,050,000 +5.5% $808 / Sq Ft
08/25/2022 08/25/22 Pending -- -- --
08/18/2022 08/18/22 For Sale $995,000 -- $765 / 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 $1,423 $218,900 $0 $0
2024 $622 $98,660 $0 $0
2023 $622 $98,660 $0 $0
2022 $1,418 $224,990 $0 $0
2021 $1,418 $224,990 $0 $0
2020 $1,062 $168,440 $0 $0
2019 $1,078 $168,440 $0 $0
2018 $1,078 $168,440 $0 $0
2017 $1,078 $168,440 $0 $0
2016 $1,078 $168,440 $0 $0
2015 $1,078 $168,440 $0 $0
2014 $903 $141,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1080582

Triad MLS

APN: 01-011-0-000-0022-0-0-0