NOT LISTED FOR SALE

5642 Old Walkertown Rd Walkertown, NC 27051

Estimated Value: $220,000 - $407,000

3 Beds
2 Baths
1,900 Sq Ft
$159/Sq Ft Est. Value

Last Sold May 29, 2024

Last sale price $380,000 $200 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $1,730/month

5 Days on Market

Highlights

  • 16.23 Acre Lot
  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • 2 Car Detached Garage

About This Home

As of May 2024

Discover a unique real estate opportunity in Walkertown, 15+ acres with two homes. The larger home, approx 1600 sq ft, is ideal for a family residence or lucrative rental property. The second home, a cozy 600 sq ft, has charm and potential as a guesthouse or rental unit. Although both homes require upkeep, the potential for significant returns is undeniable. The expansive acreage allows for development possibilities like additional dwellings or recreational spaces. Conveniently located near amenities and just a short drive from Winston-Salem, this property offers rural tranquility with urban convenience. For savvy investors, this property represents more than just a real estate purchase. With some strategic renovations and creative vision, these homes could yield substantial returns through resale, rental income, or development opportunities. Whether you're seeking a family home, a rental property, or an entrepreneurial venture, this real estate gem has a ton of potential.

Last Agent to Sell the Property

Mike Davis

Keller Williams One License #256558 Listed on: 03/30/2024

Keller Williams One

Co-Listed By

Angie Wilkie

Keller Williams One License #192484

Last Buyer's Agent

Nathan Smith

Real Broker LLC License #284247

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,934

Year Built

  • Built in 1953

Lot Details

  • 16.23 Acre Lot
  • Property is zoned RS-9

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,775 Sq Ft Home
  • 1,500-1,900 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Unfinished Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Walkertown Middle School
  • Walkertown High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Wood
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 17, 18, 005B, 006B, 007
  • Assessor Parcel Number 5 parcels total
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,934

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 16.23
  • Co List Office Mls Id: GKWG01
  • Co List Office Phone: 336-297-4545
  • Subdivision Name: None
  • Directions: Fron downtown Walkerton, NC, South on US-311/Main St, Right onto Harley Dr, Right onto NC-66/Old Hollow Rd, Left onto Old Walkertown Rd, property is on the Right.
  • Above Grade Finished Sq Ft: 1775
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1953
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1500 - 1900
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Wood
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1775
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Electric, Oil, Wood
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Oil, Wood Fuel
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Walkertown
  • High School: Walkertown
  • Middle Or Junior School: Walkertown

Lot Info

  • Parcel #: 5 parcels total
  • Zoning: RS-9
  • TRIADMLS_PricePerAcre: 23413.4319
  • TRIADMLS_DeedPage: 46
  • TRIADMLS_DeedBook: 3413
  • TRIADMLS_AcresRange: 15 - 17

Tax Info

  • Tax Annual Amount: 2934.48
  • Tax Lot: 17, 18, 005B, 006B, 007
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.8778

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2024
Sold by
Martin Daniel G and Martin Anne Duncan
Bought by
Seamster Luther M and Seamster Luther M
Current Estimated Value
$302,752

Purchase Details

Listed on
Mar 30, 2024
Closed on
Jul 10, 2024
Sold by
Seamster Luther M and Seamster Wanda
Bought by
Seamster Luther M
Seller's Agent
Mike Davis
Keller Williams One
Buyer's Agent
Nathan Smith
Real Broker LLC
List Price
$400,000
Sold Price
$380,000
Premium/Discount to List
-$20,000
-5%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-18.19%

Purchase Details

Listed on
Mar 30, 2024
Closed on
May 29, 2024
Sold by
Martin Daniel G and Duncan Anne
Bought by
Seamster Luther M and Seamster Luther M
Seller's Agent
Mike Davis
Keller Williams One
Buyer's Agent
Nathan Smith
Real Broker LLC
List Price
$400,000
Sold Price
$380,000
Premium/Discount to List
-$20,000
-5%
Views
55

Purchase Details

Closed on
Jun 6, 2018
Sold by
Martin Daniel G and Tuttle Dawn M
Bought by
Martin Daniel G

Purchase Details

Closed on
Jul 11, 1950
Bought by
Martin
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
Seamster Luther M -- None Listed On Document
Seamster Luther M -- None Listed On Document
Seamster Luther M -- None Listed On Document
Seamster Luther M $380,000 None Listed On Document
Martin Daniel G -- None Available
Martin -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2024 05/29/24 Sold $380,000 -5.0% $253 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
03/30/2024 03/30/24 For Sale $400,000 -- $267 / 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 $958 $109,100 $22,800 $86,300
2022 $958 $109,100 $22,800 $86,300
2021 $958 $109,100 $22,800 $86,300
2020 $868 $92,000 $13,800 $78,200
2019 $877 $92,000 $13,800 $78,200
2018 $850 $92,000 $13,800 $78,200
2016 $858 $92,224 $13,300 $78,924
2015 -- $92,224 $13,300 $78,924
2014 -- $92,224 $13,300 $78,924
Source: Public Records

Agents Affiliated with this Home

  • Mike Davis

    Seller's Agent in 2024

    Mike Davis

    Keller Williams One

    (336) 254-0444

    1 in this area

    50 Total Sales

    Mike Davis
    Section Image
  • Angie Wilkie

    Seller Co-Listing Agent in 2024

    Angie Wilkie

    Keller Williams One

    (336) 451-9519

    2 in this area

    221 Total Sales

    Angie Wilkie
    Section Image
  • Nathan Smith

    Buyer's Agent in 2024

    Nathan Smith

    Real Broker LLC

    (336) 870-3084

    4 in this area

    180 Total Sales

    Nathan Smith
    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 1137476

Triad MLS

APN: 6858-32-5855

North Carolina Forsyth County Walkertown 27051

5642 Old Walkertown Rd, Walkertown, NC

This home is located at 5642 Old Walkertown Rd, Walkertown, NC 27051 since 30 March 2024 and is currently estimated at $302,752, approximately $159 per square foot. This property was built in 1953. 5642 Old Walkertown Rd is a home located in Forsyth County with nearby schools including Walkertown Elementary School, Walkertown Middle, and Walkertown High School.

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