NOT LISTED FOR SALE

5683 Gumtree Rd Winston Salem, NC 27107

Estimated Value: $431,000 - $909,412

4 Beds
4.5 Baths
4,000 Sq Ft
$154/Sq Ft Est. Value

Last Sold July 29, 2015

Last sale price $557,500 $139 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,562/month

366 Days on Market

Highlights

  • Horses Allowed On Property
  • Wood Flooring
  • No HOA
  • Cape Cod Architecture
  • Solid Surface Countertops
  • 2 Car Detached Garage

About This Home

As of July 2015

HORSE FARM WITH IN LAW QUARTERS! Custom built home and farm on 14.25 acres w/ wheelchair accessible guest quarters, 1400 SF detached garage/heated workshop, & 8 stall barn (3 heated) w/ office, half bath, wash pit, tack room, feed rm, & concrete floor. Master on main w/ sitting room/office, central vac, fireplace w/ gas logs. In-law suite has living room, kitchen, handicap bath, 2nd full bath, office, bonus room w/ closet, and separate entrance. Sunroom & wrap around porch. Separate pastures for horses.

Last Agent to Sell the Property

Angela Ford

Berkshire Hathaway HomeServices Carolinas Realty License #257663 Listed on: 06/16/2014

Berkshire Hathaway HomeServices Carolinas Realty

Last Buyer's Agent

Angela Ford

Berkshire Hathaway HomeServices Carolinas Realty License #257663 Listed on: 06/16/2014

Berkshire Hathaway HomeServices Carolinas Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,049

Year Built

  • Built in 1998

Lot Details

  • 14.25 Acre Lot
  • Fenced
  • Property is zoned RS20

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,795 Sq Ft Home
  • 3,400-4,000 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Living Room with Fireplace
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Porch
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6853813755
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,049

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 14.25
  • Directions: From W-S: I-40 East to Hwy 109 Exit. Right on Hwy 109. Left on Gumtree Rd. Home is on the left.
  • Above Grade Finished Sq Ft: 3795
  • Architectural Style: Cape Cod
  • Unit Levels: One and One Half
  • Year Built: 1998
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3400 - 4000
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Guest Quarters, Ceiling Fan(s), Dead Bolt(s), Soaking Tub, In-Law Floorplan, Kitchen Island, Pantry, Separate Shower, Solid Surface Counter, Central Vacuum
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 3795
  • Main Level Bathrooms: 3
  • Attic Description: Eave Storage
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: Fenced
  • Lot Features: Horses Allowed
  • Construction Type: Brick, Vinyl Siding

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6853813755
  • Zoning: RS20
  • TRIADMLS_PricePerAcre: 42098.2456
  • TRIADMLS_DeedPage: 1726
  • TRIADMLS_DeedBook: 1929

Tax Info

  • Tax Annual Amount: 3048.79
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 0.8168

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2016
Sold by
Reid Richard Dean and Reid Barbara R
Bought by
Hulme Michael and Hulme Aruna
Current Estimated Value
$616,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$12,381
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$604,423

Purchase Details

Listed on
Jun 16, 2014
Closed on
Jul 22, 2015
Sold by
Edwards Ruark William Howard and Edwards Ruark Barbara
Bought by
Hulme Michael and Hulme Aruna
Seller's Agent
Angela Ford
Berkshire Hathaway HomeServices Carolinas Realty
Buyer's Agent
Angela Ford
Berkshire Hathaway HomeServices Carolinas Realty
List Price
$625,000
Sold Price
$557,500
Premium/Discount to List
-$67,500
-10.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.00%
Original Mortgage
$29,000
Interest Rate
4.11%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 23, 1996
Bought by
Ruark and Ruark
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
Hulme Michael $200,000 None Available
Hulme Michael $557,500 Attorney
Ruark -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hulme Michael $180,000
Previous Owner Hulme Michael $29,000
Previous Owner Hulme Michael $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2015 07/29/15 Sold $557,500 -10.8% $164 / Sq Ft
06/18/2015 06/18/15 Pending -- -- --
06/16/2014 06/16/14 For Sale $625,000 -- $184 / 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 $3,346 $620,900 $244,500 $376,400
2023 $3,346 $620,900 $244,500 $376,400
2022 $3,346 $620,900 $244,500 $376,400
2021 $3,285 $0 $0 $0
2020 $3,296 $378,500 $29,400 $349,100
2019 $3,334 $378,500 $29,400 $349,100
2018 $3,206 $378,500 $29,400 $349,100
2016 $2,921 $516,418 $201,244 $315,174
2015 $4,521 $516,418 $201,244 $315,174
2014 $3,042 $516,418 $201,244 $315,174
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 710142

Triad MLS

APN: 6853-81-3755