NOT LISTED FOR SALE

5501 Salem View Rd Pfafftown, NC 27040

Estimated Value: $251,000 - $324,000

3 Beds
2 Baths
1,352 Sq Ft
$208/Sq Ft Est. Value

Last Sold October 31, 2013

Last sale price $92,000 $68 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $1,573/month

99 Days on Market

Highlights

  • No HOA
  • Porch
  • Fenced
  • Vienna Elementary School Rated A-
  • Ceiling Fan
  • Carpet

About This Home

As of October 2013

Looking for a starter home, wanting to downsize or need a great investment property? Look no more! Corner Lot, Three Bedroom, Two Bath Home w/ Fenced Back Yard. Vaulted Ceiling w/ Exposed Beam in Family Rm. Great Location! Large Kitchen! Home Warranty!

Last Agent to Sell the Property

Jerri Banner

Banner Team Properties Brokered by EXP Realty License #187266 Listed on: 06/22/2013

Banner Team Properties Brokered by EXP Realty

Co-Listed By

Jennifer Sammons

Century 21 Echelon License #268648

Last Buyer's Agent

Michael Adamson

Realty Executives W/S License #140210

Realty Executives W/S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $423

Year Built

  • Built in 1986

Lot Details

  • 0.44 Acre Lot
  • Fenced
  • Property is zoned RS9

Parking

  • No Garage

Home Design

  • Masonite

Interior Spaces

  • 1,352 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Salem West Subdivision

Listing and Financial Details

  • Legal Lot and Block 118 / 4634B
  • Assessor Parcel Number 5897545310
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$423

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.44
  • Co List Office Mls Id: WATC02
  • Co List Office Phone: 336-722-0331
  • Subdivision Name: Salem West
  • Directions: Yadkinville Rd to left onto Mount Salem. Right onto Bridle Ridge Dr. Right onto Patty Lane. Home sits on corner of Patty Lane & Salem View. Driveway off Patty Lane.
  • Above Grade Finished Sq Ft: 1352
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1986
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1352
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1352
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: No

Exterior Features

  • Fencing: Fenced
  • Exclusions: Storage Buildings
  • Construction Type: Masonite

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • 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 #: 5897545310
  • Zoning: RS9
  • TRIADMLS_DeedPage: 760
  • TRIADMLS_DeedBook: 2568

Tax Info

  • Tax Annual Amount: 423.19
  • Tax Block: 4634B
  • Tax Lot: 118
  • Tax Map Number: 594874
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 0.749

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2020
Sold by
Russ Michael W and Russ Ann W
Bought by
Russ Michael William and Worthington Russ Elizabeth
Current Estimated Value
$280,675

Purchase Details

Listed on
Jun 22, 2013
Closed on
Oct 29, 2013
Sold by
Bowman Elizabeth Puckett and Hiatt Michael R
Bought by
Russ Michael W and Russ Ann W
Seller's Agent
Jerri Banner
Banner Team Properties Brokered by EXP Realty
Buyer's Agent
Michael Adamson
Realty Executives W/S
List Price
$105,000
Sold Price
$92,000
Premium/Discount to List
-$13,000
-12.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.77%
Original Mortgage
$73,600
Outstanding Balance
$55,348
Interest Rate
4.52%
Mortgage Type
New Conventional
Estimated Equity
$225,327

Purchase Details

Closed on
May 24, 2005
Sold by
Hiatt Teresa Smith
Bought by
Hiatt Bruce Wayne
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
Russ Michael William -- None Available
Russ Michael W $92,000 None Available
Hiatt Bruce Wayne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russ Michael W $73,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2013 10/31/13 Sold $92,000 -12.4% $68 / Sq Ft
09/30/2013 09/30/13 Pending -- -- --
06/22/2013 06/22/13 For Sale $105,000 -- $78 / 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 $1,020 $230,200 $35,000 $195,200
2024 $1,020 $133,000 $27,000 $106,000
2023 $1,020 $133,000 $27,000 $106,000
2022 $1,020 $133,000 $27,000 $106,000
2021 $1,020 $133,000 $27,000 $106,000
2020 $825 $98,700 $23,000 $75,700
2019 $835 $98,700 $23,000 $75,700
2018 $792 $98,700 $23,000 $75,700
2016 $792 $98,282 $23,000 $75,282
2015 $792 $98,282 $23,000 $75,282
2014 $778 $98,282 $23,000 $75,282
Source: Public Records

Agents Affiliated with this Home

  • Jerri Banner

    Seller's Agent in 2013

    Jerri Banner

    Banner Team Properties Brokered by EXP Realty

    (336) 409-0724

    326 Total Sales

    Jerri Banner
    Section Image

  • J

    Seller Co-Listing Agent in 2013

    Jennifer Sammons

    Century 21 Echelon

    (336) 399-5218

    58 Total Sales

    Jennifer Sammons
    Section Image
  • Michael Adamson

    Buyer's Agent in 2013

    Michael Adamson

    Realty Executives W/S

    (336) 418-0551

    17 Total Sales

    Michael Adamson
    Section Image
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Map

Source: Triad MLS

MLS Number: 677138

Triad MLS

APN: 5897-54-5310

North Carolina Forsyth County Pfafftown 27040

5501 Salem View Rd, Pfafftown, NC

This home is located at 5501 Salem View Rd, Pfafftown, NC 27040 since 22 June 2013 and is currently estimated at $280,675, approximately $207 per square foot. This property was built in 1986. 5501 Salem View Rd is a home located in Forsyth County with nearby schools including Vienna Elementary School, Thomas Jefferson Middle School, and Ronald W. Reagan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Triad MLS Copyright 2025 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.

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