$240,000
SOLD APR 30, 2025

5615 Phelps Farm Rd Clemmons, NC 27012

3 Beds
1.5 Baths
1,104 Sq Ft
1.54 Acres

Recently Sold

$217 Per Sq Ft

14% Below List Price

121 Days on Market

Highlights

  • Barn
  • No HOA
  • Vinyl Flooring
  • Clemmons Middle School Rated A-
  • Outdoor Storage

About This Home

As of April 2025

Price reduced to $240,000 with $3,000 in seller concessions. Come experience country living while being minutes away from Clemmons and Winston Salem. This beautifully updated farm house sits on over 1.5 acres in the highly sought after Clemmons school district!! The home has been completely updated while retaining its rustic charm. Recent updates include a new HVAC system, granite counter tops, newer appliances, vanities in both bathrooms, new flooring, doors, new gutters, fresh paint throughout the home including the front porch and deck to name a few! The large lot offers many possibilities and has two concrete slabs that could be used for a garage or a spot to park your RV. Make sure to watch the virtual tour to see how much this fantastic property has to offer!! Both bathrooms and small hallway ceilings (324 square feet) are slightly below 7 feet so they are not included in the total square footage of 1104.

Last Agent to Sell the Property

Clement Little

Allen Tate Winston Salem License #125352 Listed on: 11/30/2024

Allen Tate Winston Salem

Co-Listed By

Glenn Austin

Allen Tate Winston Salem License #328923

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $740

Year Built

  • Built in 1960

Lot Details

  • 1.54 Acre Lot
  • Property is zoned RS-9

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,104 Sq Ft Home
  • Property has 1 Level
  • Vinyl Flooring
  • Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater

Additional Features

  • Outdoor Storage
  • Barn

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6801186875
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$740

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.54
  • Co List Office Mls Id: WATC07
  • Co List Office Phone: 336-778-3990
  • Subdivision Name: None
  • Directions: Clemmons Rd to Harper Rd. Left on Frye Bridge Rd for 1.3 miles, left on Phelps Farm Rd.
  • Above Grade Finished Sq Ft: 1104
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1960
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Free-Standing Range, Electric Water Heater
  • Flooring: Vinyl
  • Interior Amenities: Dead Bolt(s)
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1104
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Exterior Features: Garden
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Other Structures: Barn(s), Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6801186875
  • Zoning: RS-9
  • TRIADMLS_PricePerAcre: 155844.1558
  • TRIADMLS_DeedPage: 01963
  • TRIADMLS_DeedBook: 003680

Tax Info

  • Tax Annual Amount: 740
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 0.7617

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2020
Sold by
Waren Diane G
Bought by
Connick Austin and Connick Erin
Current Estimated Value
$173,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,345
Outstanding Balance
$120,300
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2019
Closed on
Nov 26, 2019
Sold by
Montgomerie Anna Franklin Crone and Montgomerie Anna Franklin Crone
Bought by
Warren Diane G
Seller's Agent
Jerri Banner
Banner Team Properties Brokered by EXP Realty
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$76,000

Purchase Details

Closed on
Jan 11, 2006
Sold by
Mccollum Alda M and Mccollum Christopher D
Bought by
Crone George W
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $76,000 None Available
Warranty Deed $50,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $134,345 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Sold $240,000 0.0% $217 / Sq Ft
03/31/2025 03/31/25 Pending -- -- --
03/14/2025 03/14/25 Price Changed $240,000 -4.0% $217 / Sq Ft
02/06/2025 02/06/25 Price Changed $250,000 -4.8% $226 / Sq Ft
01/03/2025 01/03/25 Price Changed $262,500 -2.8% $238 / Sq Ft
12/14/2024 12/14/24 Price Changed $270,000 -3.6% $245 / Sq Ft
11/30/2024 11/30/24 For Sale $280,000 +57.3% $254 / Sq Ft
03/08/2022 03/08/22 Sold $178,000 +134.2% $162 / Sq Ft
12/02/2019 12/02/19 Sold $76,000 -- $69 / 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
2020 $668 $82,400 $49,100 $33,300
2019 -- $81,600 $49,100 $32,500
2018 -- $81,600 $49,100 $32,500
2016 -- $79,283 $47,298 $31,985
2015 -- $79,283 $47,298 $31,985
2014 -- $79,283 $47,298 $31,985
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1163693

Triad MLS

APN: 6801-18-7834