NOT LISTED FOR SALE

5478 Shallowford Rd Lewisville, NC 27023

Estimated Value: $221,000 - $270,335

2 Beds
2 Baths
1,600 Sq Ft
$159/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $128,900 $81 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $1,507/month

72 Days on Market

Highlights

  • No HOA
  • Porch
  • Central Air
  • Meadowlark Elementary School Rated A-
  • Detached Carport Space
  • Level Lot

About This Home

As of June 2019

Big price drop! Nice brick ranch w/ tons of potential! 1+ acre in Lewisville! Large basement. 2 car covered carport. Hardwood floors. Brick FP. Side-load porch. Newer whole-house electrical panel, well pump & heat pump (works w/oil furnace for heating). Radon mitigation system. Shared driveway w/perm deeded access. Water off due to well system problem (presumed pipe leak). Price dropped $7k 4/6/19 for quick sale and to support water sys repair or connection to public water at buyer expense post closing.

Last Agent to Sell the Property

Michael Lemmons

Realty One Group Results License #294214 Listed on: 03/08/2019

Realty One Group Results

Last Buyer's Agent

Michael Lemmons

Realty One Group Results License #294214 Listed on: 03/08/2019

Realty One Group Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,072

Year Built

  • Built in 1959

Lot Details

  • 1.04 Acre Lot
  • Level Lot
  • Property is zoned RS9

Parking

  • 2 Car Garage
  • Detached Carport Space

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,479 Sq Ft Home
  • 1,300-1,600 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Multiple Heating Units
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 603
  • Assessor Parcel Number 5885975643
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,072

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.04
  • Subdivision Name: None
  • Directions: From 421 N, take exit 242 towards Lewisville/Clemmons. Use the right 2 lanes to turn right onto Styers Ferry Rd. Turn left onto Shallowford Rd. 5478 is approx a mile down Shallowford Road on the left.
  • Above Grade Finished Sq Ft: 1479
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1959
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1600
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1479
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Lot Features: Level
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Detached Carport
  • Garage Description: Detached Carport

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump, Multiple Systems, See Remarks, Electric, Oil
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, Oil
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 5885975643
  • Zoning: RS9
  • TRIADMLS_PricePerAcre: 123942.3077
  • TRIADMLS_DeedPage: 03616
  • TRIADMLS_DeedBook: 003244
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1071.68
  • Tax Lot: 603
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 0.0836

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2019
Closed on
Jun 28, 2019
Sold by
Bonanno Pennie Jean
Bought by
Burcham Alan Lawrence
Seller's Agent
Michael Lemmons
Realty One Group Results
Buyer's Agent
Michael Lemmons
Realty One Group Results
Sold Price
$128,900
Current Estimated Value
$257,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,007
Avg. Annual Appreciation
11.32%
Original Mortgage
$128,900
Outstanding Balance
$116,297
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$132,730

Purchase Details

Listed on
Apr 23, 2015
Closed on
Aug 7, 2015
Sold by
Sain Betty A
Bought by
Bonanno Pennie
Seller's Agent
Eleanor Bell
Forsyth Realty
Buyer's Agent
Dan Rath
Allen Tate Winston Salem
List Price
$119,900
Sold Price
$98,000
Premium/Discount to List
-$21,900
-18.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%
Original Mortgage
$20,000
Interest Rate
3.97%
Mortgage Type
Credit Line Revolving
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
Burcham Alan Lawrence $129,000 None Available
Bonanno Pennie $98,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burcham Alan Lawrence $20,000
Open Burcham Alan Lawrence $128,900
Previous Owner Bonanno Pennie $50,000
Previous Owner Bonanno Pennie $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Off Market $128,900 -- --
06/28/2019 06/28/19 Sold $128,900 +31.5% $99 / Sq Ft
08/07/2015 08/07/15 Sold $98,000 -18.3% $75 / Sq Ft
07/24/2015 07/24/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $119,900 -- $92 / 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
2023 $1,227 $130,000 $45,600 $84,400
2022 $1,227 $130,000 $45,600 $84,400
2021 $1,220 $130,000 $45,600 $84,400
2020 $1,097 $108,900 $40,100 $68,800
2019 $1,108 $108,900 $40,100 $68,800
2018 $1,109 $108,900 $40,100 $68,800
2016 $1,291 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Michael Lemmons

    Realty One Group Results

    150 Total Sales

    Section Image

  • E

    Seller's Agent in 2015

    Eleanor Bell

    Forsyth Realty

    (336) 978-6836

    82 Total Sales

    Section Image

  • D

    Buyer's Agent in 2015

    Dan Rath

    Allen Tate Winston Salem

    (336) 577-1121

    115 Total Sales

    Section Image
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Map

Source: Triad MLS

MLS Number: 921978

Triad MLS

APN: 5885-97-5643

North Carolina Forsyth County Lewisville 27023

5478 Shallowford Rd, Lewisville, NC

This home is located at 5478 Shallowford Rd, Lewisville, NC 27023 since 08 March 2019 and is currently estimated at $254,834, approximately $159 per square foot. This property was built in 1959. 5478 Shallowford Rd is a home located in Forsyth County with nearby schools including Meadowlark Elementary School, Meadowlark Middle School, and Ronald W. Reagan High School.

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