NOT LISTED FOR SALE

553 Covington Ridge Rd Winston Salem, NC 27107

Estimated Value: $270,962 - $292,000

3 Beds
2 Baths
1,600 Sq Ft
$177/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $160,000 $100 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,696/month

6 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Central Air
  • Porch
  • Outdoor Storage
  • Ceiling Fan

About This Home

As of November 2019

Must see home! Great location! Brand new windows installed 10/2019, roof installed 2018! All rooms freshly painted and kitchen updated! Two closest in the master bedroom with the bathrooms also being newly updated! A perfect backyard for pets and entertaining! You do not want to miss this home!

Last Agent to Sell the Property

Alyssa Bourbonais

Redfin Corporation License #304597 Listed on: 10/14/2019

Redfin Corporation

Last Buyer's Agent

Kristina Bunting

Coldwell Banker Advantage License #309468

Coldwell Banker Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,490

Year Built

  • Built in 1994

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 75 x 222.91
  • Fenced
  • Level Lot
  • Property is zoned RS-9

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,446 Sq Ft Home
  • 1,300-1,600 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Southeast Middle School
  • Glenn High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Covington Ridge Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / 5632d
  • Assessor Parcel Number 6864867330
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,490

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.38
  • Lot Size: 75 x 222.91
  • Subdivision Name: Covington Ridge
  • Directions: Union Cross Road to Glenn Hi Road then take a right on Covington Ridge Rd and the home is on the right
  • Above Grade Finished Sq Ft: 1446
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1994
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1600
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • TRIADMLS_AdCopy: Great location! Brand new windows installed 10/2019, roof installed 2018! All rooms freshly painted and kitchen updated! Two closest in the master bedroom with the bathrooms also being newly updated! A perfect backyard for pets and entertaining!
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Laminate, Tile
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Soaking Tub, Pantry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1446
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: Fenced
  • Lot Features: City Lot, Level
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway, No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Union Cross
  • High School: Glenn
  • Middle Or Junior School: Southeast

Lot Info

  • Parcel #: 6864867330
  • Zoning: RS-9
  • TRIADMLS_PricePerAcre: 421052.6316
  • TRIADMLS_DeedPage: 2237-2239
  • TRIADMLS_DeedBook: 3365
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1490
  • Tax Block: 5632d
  • Tax Lot: 6
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 1.3909

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2019
Closed on
Nov 22, 2019
Sold by
Sheffield Jonathan Charles
Bought by
Johnson Alyssa Danielle
Seller's Agent
Alyssa Bourbonais
Redfin Corporation
Buyer's Agent
Kristina Bunting
Coldwell Banker Advantage
Sold Price
$160,000
Current Estimated Value
$283,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,991
Avg. Annual Appreciation
10.25%
Original Mortgage
$155,200
Outstanding Balance
$136,262
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$147,729

Purchase Details

Closed on
Aug 28, 2017
Sold by
Sheffield Jonathan Charles and Sheffield Ashley Collins
Bought by
Sheffield Jonathan Charles

Purchase Details

Closed on
Feb 4, 2013
Sold by
Schaefer Joshua and Schaefer Elizabeth
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 25, 2003
Sold by
Sidden Chris A and Sidden Mary M
Bought by
Schaefer Joshua and Schaefer Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
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
Johnson Alyssa Danielle $160,000 None Available
Sheffield Jonathan Charles -- None Available
Federal National Mortgage Association $87,044 None Available
Schaefer Joshua $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Alyssa Danielle $155,200
Previous Owner Schaefer Joshua $109,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2019 11/22/19 Sold $160,000 +77.8% $123 / Sq Ft
04/12/2013 04/12/13 Sold $90,000 -11.8% $62 / Sq Ft View Prior Sale
03/08/2013 03/08/13 Pending -- -- --
02/05/2013 02/05/13 For Sale $102,000 -- $71 / 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 $2,225 $166,200 $41,000 $125,200
2023 $2,225 $166,200 $41,000 $125,200
2022 $2,184 $166,200 $41,000 $125,200
2021 $2,144 $166,200 $41,000 $125,200
2020 $1,759 $127,400 $22,100 $105,300
2019 $1,569 $112,800 $22,100 $90,700
2018 $1,490 $112,800 $22,100 $90,700
2016 $1,421 $107,958 $22,100 $85,858
2015 $1,400 $107,958 $22,100 $85,858
2014 $1,357 $107,958 $22,100 $85,858
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 953816

Triad MLS

APN: 6864-86-7630