NOT LISTED FOR SALE

5540 Folkstone Rd Pfafftown, NC 27040

Estimated Value: $404,000 - $457,000

3 Beds
3.5 Baths
2,452 Sq Ft
$172/Sq Ft Est. Value

Last Sold September 20, 2013

Last sale price $240,000 $98 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,522/month

36 Days on Market

Highlights

  • Transitional Architecture
  • Wood Flooring
  • Attic
  • Vienna Elementary School Rated A-
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of September 2013

Wonderful opportunity in Reagan district with room for expansion. Open floor plan. Kitchen with lots of counter space and bar area. Easy for entertaining. Main level large master bedroom w/ separate garden tub/shower. All bedrooms & loft are very spacious. Great home for raising a family because of the space. One can enjoy privacy while sitting on the deck. Walk-out basement could be finished for more room. See supplemental sheet for updates. Relocation Addenda Required -- See attachments.

Last Agent to Sell the Property

Kristen Roberson

Leonard Ryden Burr Real Estate License #264067 Listed on: 07/22/2013

Last Buyer's Agent

NormaJean Harrelson

Premier Realty NC License #231014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,749

Year Built

  • Built in 2009

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 130 x 200 x 130 x 200
  • Fenced
  • Sloped Lot
  • Property is zoned RS20

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,452 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Great Room with Fireplace
  • Pull Down Stairs to Attic
  • Dryer Hookup
  • Unfinished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Reagan High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Millbrook Subdivision

Listing and Financial Details

  • Legal Lot and Block 28 / 4633E
  • Assessor Parcel Number 5897475839
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,749

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.6
  • Lot Size: 130 x 200 x 130 x 200
  • Subdivision Name: Millbrook
  • Directions: Reynolda Road to Yadkinville Road, Right on Community Church Road, Left on Kane, Left on Folkstone Road
  • Above Grade Finished Sq Ft: 2452
  • Architectural Style: Transitional
  • Unit Levels: Two
  • Year Built: 2009
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2452
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Separate Shower
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Living Area: 2452
  • Main Level Bathrooms: 2
  • Attic Description: Floored Attic, Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Lighting
  • Fencing: Fenced
  • Lot Features: Sloped
  • Construction Type: Brick, Stone, Vinyl Siding
  • Other Structures: Storage
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Reagan

Lot Info

  • Parcel #: 5897475839
  • Zoning: RS20
  • TRIADMLS_PlatPage: 164
  • TRIADMLS_PlatBook: 31

Tax Info

  • Tax Annual Amount: 2749.19
  • Tax Block: 4633E
  • Tax Lot: 28
  • Tax Map Number: 564874
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 1.2468

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2013
Closed on
Sep 20, 2013
Bought by
Morgan Philip and Morgan Tammy
Seller's Agent
Kristen Roberson
Leonard Ryden Burr Real Estate
Buyer's Agent
NormaJean Harrelson
Premier Realty NC
List Price
$269,900
Sold Price
$240,000
Premium/Discount to List
-$29,900
-11.08%
Current Estimated Value
$422,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,822
Avg. Annual Appreciation
4.79%

Purchase Details

Closed on
Nov 15, 2011
Sold by
Branch Banking & Trust Company
Bought by
Burns Thomas L and Burns Jayne Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,183
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 15, 2011
Sold by
E J Hanes Construction Inc
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Sep 8, 2006
Sold by
Grooms Robert William R
Bought by
E J Hanes Construction Inc

Purchase Details

Closed on
Jun 21, 2005
Sold by
Grooms Ellen C and Grooms Robert William R
Bought by
Grooms Robert William R
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
Morgan Philip $240,000 --
Burns Thomas L $190,000 None Available
Branch Banking & Trust Company $174,000 None Available
E J Hanes Construction Inc $20,000 None Available
Grooms Robert William R $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burns Thomas L $185,183
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2013 09/20/13 Sold $240,000 -11.1% $98 / Sq Ft
08/28/2013 08/28/13 Pending -- -- --
07/22/2013 07/22/13 For Sale $269,900 -- $110 / 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 $3,713 $419,700 $42,000 $377,700
2024 $3,544 $264,700 $28,000 $236,700
2023 $3,544 $264,700 $28,000 $236,700
2022 $3,478 $264,700 $28,000 $236,700
2021 $3,415 $264,700 $28,000 $236,700
2020 $3,097 $224,300 $20,800 $203,500
2019 $3,120 $224,300 $20,800 $203,500
2018 $2,963 $224,300 $20,800 $203,500
2016 $2,902 $220,462 $21,420 $199,042
2015 $2,858 $220,462 $21,420 $199,042
2014 $2,771 $220,462 $21,420 $199,042
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    Kristen Roberson

    Leonard Ryden Burr Real Estate

    (336) 918-4308

    82 Total Sales

    Kristen Roberson
    Section Image
  • NormaJean Harrelson

    Buyer's Agent in 2013

    NormaJean Harrelson

    Premier Realty NC

    (336) 909-2208

    24 Total Sales

    NormaJean Harrelson
    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 679717

Triad MLS

APN: 5897-47-5839

North Carolina Forsyth County Pfafftown 27040

5540 Folkstone Rd, Pfafftown, NC

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