NOT LISTED FOR SALE

547 Merrifield Way Winston Salem, NC 27127

Estimated Value: $737,000 - $1,114,054

4 Beds
2.5 Baths
4,200 Sq Ft
$217/Sq Ft Est. Value

Last Sold February 24, 2017

Last sale price $489,000 $116 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,342/month

110 Days on Market

Highlights

  • Outdoor Pool
  • Wood Flooring
  • Solid Surface Countertops
  • Traditional Architecture
  • Attic
  • Arched Doorways

About This Home

As of February 2017

Spectacular Mediterranean style home in pristine condition.This home was made for entertaining w/multiple indoor & outdoor spaces.Large living room w/beautiful barrel ceiling adjoins covered patio & large eat in kitchen w/beautiful black cabinets & granite counters. Pool & pool house contain workshop (2 car garage) seating area & bath, floored attic - could easily be made into a guesthouse or mother in law suite. Games room offers additional living.Furniture available. Home warranty. Move in ready.

Last Buyer's Agent

Alison Vannoy

Southern Signature Properties License #285107

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,582

Year Built

  • Built in 2004

Lot Details

  • 1.32 Acre Lot
  • Cleared Lot
  • Property is zoned RA3

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Stucco

Interior Spaces

  • 3,982 Sq Ft Home
  • 3,500-4,200 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Arched Doorways
  • Insulated Doors
  • Den with Fireplace
  • Storm Doors
  • Dryer Hookup
  • Attic

Kitchen

  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower

Outdoor Features

  • Outdoor Pool
  • Veranda
  • Outdoor Gas Grill

Schools

  • Oak Grove Middle School
  • North Davidson High School

Utilities

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

Community Details

  • Merrifield Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03004C0000022000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,582

Year Built

Built in 2004

Lot Details

0

HOA Fees

$50 per month

Parking

4

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.32
  • Subdivision Name: Merrifield
  • Directions: From Hwy 150, turn EAST onto Hickory Tree Road. Turn RIGHT onto Merrifield Way. Property at the end of the cul-de-sac.
  • Above Grade Finished Sq Ft: 3982
  • Architectural Style: Traditional
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 2004
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3500 - 4200
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Arched Doorways, Built-in Features, Ceiling Fan(s), Kitchen Island, Pantry, Separate Shower, Solid Surface Counter, Vaulted Ceiling(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Insulated Doors, Storm Door(s)
  • Fireplace Features: Blower Fan, Gas Log, Den
  • Fireplaces: 1
  • Living Area: 3982
  • Main Level Bathrooms: 3
  • Attic Description: Floored Attic, Partially Floored
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Exterior Features: Lighting, Garden, Gas Grill, Veranda/Breezeway
  • Lot Features: Cleared
  • Pool Features: Private
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Pool House
  • TRIADMLS_PoolYN: Yes
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Garage, Driveway, Garage Door Opener, Attached, Detached
  • Garage Description: Attached Garage, Detached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Zoned, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Gas
  • Energy Features: Insulated Doors, Insulated Windows, Storm Doors

Condo/Co-op/Association

  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Friedberg
  • High School: North Davidson
  • Middle Or Junior School: Oak Grove

Lot Info

  • Parcel #: 03004C0000022000
  • Zoning: RA3
  • TRIADMLS_PricePerAcre: 378030.303
  • TRIADMLS_PlatPage: 82-84
  • TRIADMLS_DeedPage: 297-298
  • TRIADMLS_DeedBook: 1991
  • TRIADMLS_PlatBook: 34
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 2582
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 0.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2016
Closed on
Feb 24, 2017
Sold by
Patterson William N and Patterson Elizabeth B
Bought by
Setliff Stephen W and Setliff Robin A
Buyer's Agent
Alison Vannoy
Southern Signature Properties
List Price
$525,000
Sold Price
$489,000
Premium/Discount to List
-$36,000
-6.86%
Current Estimated Value
$912,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,018
Avg. Annual Appreciation
7.61%
Original Mortgage
$235,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2010
Sold by
Biller Peter and Biller Zoe L
Bought by
Patterson William N and Patterson Elizabeth B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.44%
Mortgage Type
New Conventional
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
Setliff Stephen W $489,000 None Available
Patterson William N $385,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Setliff Stephen W $235,000
Previous Owner Patterson William N $120,000
Previous Owner Patterson William N $300,000
Previous Owner Patterson William N $220,000
Previous Owner Patterson William N $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2017 02/24/17 Sold $489,000 -6.9% $140 / Sq Ft
01/24/2017 01/24/17 Pending -- -- --
10/05/2016 10/05/16 For Sale $525,000 -- $150 / 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 $3,875 $613,650 $0 $0
2023 $3,876 $613,650 $0 $0
2022 $3,756 $613,650 $0 $0
2021 $3,756 $613,650 $0 $0
2020 $2,909 $476,330 $0 $0
2019 $2,953 $476,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alison Vannoy

    Buyer's Agent in 2017

    Alison Vannoy

    Southern Signature Properties

    (336) 671-8469

    160 Total Sales

    Alison Vannoy
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Map

Source: Triad MLS

MLS Number: 810460

Triad MLS

APN: 03-004-C-000-0022-0-0-0

North Carolina Davidson County Winston-Salem 27127

547 Merrifield Way, Winston-Salem, NC

This home is located at 547 Merrifield Way, Winston Salem, NC 27127 since 05 October 2016 and is currently estimated at $912,018, approximately $217 per square foot. This property was built in 2004. 547 Merrifield Way is a home located in Davidson County with nearby schools including Friedberg Elementary School, Oak Grove Middle School, and Oak Grove High School.

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