NOT LISTED FOR SALE

547 Salem Springs Dr Winston Salem, NC 27107

Estimated Value: $269,000 - $309,000

4 Beds
2.5 Baths
1,900 Sq Ft
$150/Sq Ft Est. Value

Last Sold May 26, 2015

Last sale price $119,990 $63 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $1,728/month

13 Days on Market

Highlights

  • Newly Remodeled
  • Attic
  • 1 Car Attached Garage
  • Traditional Architecture
  • Porch
  • Central Air

About This Home

As of May 2015

Promo Price! Must write by 4/30/15 and close by 5/30/15. Must use approved lender and attorney. Celebration Series 1805-A NEW two story home with 2 car garage! The main floor has a spacious great room, and an open dining room and kitchen. The 2nd floor features the owner's suite with private bath and walk in closet, as well as 3 additional bedrooms and another full bath! Completion date is April 2015.

Last Buyer's Agent

Pamela Mitchell

Pamela Mitchell Realty LLC License #223327

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,566

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 5,663 Sq Ft Lot
  • Cleared Lot
  • Property is zoned RS9

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,805 Sq Ft Home
  • 1,600-1,900 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Dryer Hookup
  • Attic

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Porch

Schools

  • Philo Middle School
  • Parkland High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Salem Springs Subdivision

Listing and Financial Details

  • Tax Lot 182
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,566

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

HOA Fees

$13 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Subdivision Name: Salem Springs
  • Directions: Take 52 South to the Main Street Exit, turn left. Turn left on Barnes Rd. Salem Springs will be approx 2 miles on the left.
  • Above Grade Finished Sq Ft: 1805
  • Architectural Style: Traditional
  • Unit Levels: Two
  • New Construction: Yes
  • Year Built: 2015
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1600 - 1900
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: New
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Great Room, Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Pantry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Insulated Doors
  • Living Area: 1805
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: None
  • Lot Features: Cleared
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Flood Zone: Not in Flood Zone
  • Completion Date: 2015-04-30T04:00:00.000Z

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Doors, Insulated Windows

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Easton
  • High School: Parkland
  • Middle Or Junior School: Philo

Lot Info

  • Parcel #: 0
  • Zoning: RS9
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Lot: 182
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 1.165

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2015
Closed on
May 26, 2015
Sold by
Wade Jurney Homes Inc
Bought by
Morris Elerod
Buyer's Agent
Pamela Mitchell
Pamela Mitchell Realty LLC
List Price
$129,990
Sold Price
$119,990
Premium/Discount to List
-$10,000
-7.69%
Current Estimated Value
$285,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,348
Avg. Annual Appreciation
8.63%
Original Mortgage
$121,900
Outstanding Balance
$95,809
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$189,529

Purchase Details

Closed on
Nov 10, 2014
Sold by
Salem Springs Associates Llc
Bought by
Wade Jurney Homes Incorporated

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
3.94%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Morris Elerod $120,000 None Available
Wade Jurney Homes Incorporated $22,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Elerod $121,900
Previous Owner Wade Jurney Homes Incorporated $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2015 05/26/15 Sold $119,990 -7.7% $75 / Sq Ft
04/20/2015 04/20/15 Pending -- -- --
04/06/2015 04/06/15 For Sale $129,990 -- $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
2025 $2,566 $289,400 $45,000 $244,400
2024 $2,473 $176,700 $30,000 $146,700
2023 $2,473 $176,700 $30,000 $146,700
2022 $2,427 $176,700 $30,000 $146,700
2021 $2,383 $176,700 $30,000 $146,700
2020 $1,704 $121,000 $26,000 $95,000
2019 $1,716 $123,400 $0 $0
2018 $1,630 $121,000 $26,000 $95,000
2016 $1,452 $110,250 $24,650 $85,600
2015 $272 $20,952 $20,952 $0
2014 $264 $20,952 $20,952 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Buyer's Agent in 2015

    Pamela Mitchell

    Pamela Mitchell Realty LLC

    (336) 793-7564

    1 Total Sale

    Pamela Mitchell
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Map

Source: Triad MLS

MLS Number: 751792

Triad MLS

APN: 6833-90-6789

North Carolina Forsyth County Winston-Salem 27107

547 Salem Springs Dr, Winston-Salem, NC

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