NOT LISTED FOR SALE

569 Covington Ridge Rd Winston Salem, NC 27107

Estimated Value: $274,533 - $302,000

3 Beds
2 Baths
1,570 Sq Ft
$185/Sq Ft Est. Value

Last Sold September 03, 2014

Last sale price $128,500 $82 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $1,740/month

7 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Fenced
  • 2 Car Attached Garage
  • Central Air

About This Home

As of September 2014

Lovely ranch home with large bedrooms and a two car garage. New paint, carpet, and appliances make it a must see. Fenced, level back yard. Large bedrooms. Conveniently located near I-40.

Last Agent to Sell the Property

Jerri Banner

Banner Team Properties Brokered by EXP Realty License #187266 Listed on: 07/15/2014

Banner Team Properties Brokered by EXP Realty

Co-Listed By

Jonathan Key

Banner Team Properties Brokered by EXP Realty License #233827

Last Buyer's Agent

Lisa Fowler

High Key Realty License #279278

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,515

Year Built

  • Built in 1992

Lot Details

  • 0.38 Acre Lot
  • Fenced
  • Property is zoned RS9

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Masonite

Interior Spaces

  • 1,570 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

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 002 / 5632D
  • Assessor Parcel Number 6864867320
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,515

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.38
  • Co List Office Mls Id: WATC02
  • Co List Office Phone: 336-722-0331
  • Subdivision Name: Covington Ridge
  • Directions: I-40 E to exit #201/Union Cross Rd. and turn right. Turn right onto Glenn Hi Rd. Turn right onto Covington Ridge Rd.
  • Above Grade Finished Sq Ft: 1570
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1992
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1570
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1570
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: Fenced
  • Construction Type: Masonite
  • Foundation Details: Slab

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • 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: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 6864867320
  • Zoning: RS9
  • TRIADMLS_DeedPage: 2293
  • TRIADMLS_DeedBook: 3176

Tax Info

  • Tax Annual Amount: 1514.86
  • Tax Block: 5632D
  • Tax Lot: 002
  • Tax Map Number: 666846
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 1.2468

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2022
Sold by
Opendoor Property Trust
Bought by
Lpf Blvd North Carolina Lp
Current Estimated Value
$291,133

Purchase Details

Closed on
Jul 7, 2022
Sold by
Dennis and Ashleigh
Bought by
Opendoor Property Trust I

Purchase Details

Listed on
Jul 15, 2014
Closed on
Aug 27, 2014
Sold by
Builders Of Hope Inc
Bought by
Dennis Benjamin and Dennis Ashleigh
Seller's Agent
Jerri Banner
Banner Team Properties Brokered by EXP Realty
Buyer's Agent
Lisa Fowler
High Key Realty
List Price
$127,000
Sold Price
$128,500
Premium/Discount to List
$1,500
1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%
Original Mortgage
$128,500
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 23, 2014
Closed on
Apr 22, 2014
Sold by
Secretary Of Hud
Bought by
Builders Of Hope Inc
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$114,490
Sold Price
$98,000
Premium/Discount to List
-$16,490
-14.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
116.88%
Original Mortgage
$73,450
Interest Rate
12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2013
Sold by
Orr Dianne H and Orr Bynum David
Bought by
Secretary Of Hud

Purchase Details

Closed on
Jun 26, 2006
Sold by
Lucado Philip R and Lucado Ann M
Bought by
Orr Bynum David and Orr Dianne H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,634
Interest Rate
6.57%
Mortgage Type
FHA

Purchase Details

Closed on
May 13, 2003
Sold by
Lucado Philip R and Lucado Ann M
Bought by
Lucado Philip R and Lucado Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Interest Rate
5.76%
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
Lpf Blvd North Carolina Lp $250,500 --
Opendoor Property Trust I $254,500 Midtown Property Law
Opendoor Property Trust $254,500 None Listed On Document
Dennis Benjamin $129,000 None Available
Builders Of Hope Inc -- None Available
Secretary Of Hud $151,698 None Available
Orr Bynum David $139,000 Chicago Title Insurance Co
Lucado Philip R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dennis Benjamin $128,500
Previous Owner Builders Of Hope Inc $73,450
Previous Owner Orr Bynum David $137,634
Previous Owner Lucado Philip R $108,800
Closed Lucado Philip R $17,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2014 09/03/14 Sold $128,500 +1.2% $82 / Sq Ft
07/23/2014 07/23/14 Pending -- -- --
07/15/2014 07/15/14 For Sale $127,000 +29.6% $81 / Sq Ft
04/28/2014 04/28/14 Sold $98,000 -14.4% $62 / Sq Ft View Prior Sale
02/03/2014 02/03/14 Pending -- -- --
01/23/2014 01/23/14 For Sale $114,490 -- $72 / 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 $2,280 $170,300 $41,000 $129,300
2023 $2,280 $170,300 $41,000 $129,300
2022 $2,237 $170,300 $41,000 $129,300
2021 $2,197 $170,300 $41,000 $129,300
2020 $1,802 $130,500 $22,100 $108,400
2019 $1,815 $130,500 $22,100 $108,400
2018 $1,724 $130,500 $22,100 $108,400
2016 $1,599 $121,453 $22,100 $99,353
2015 $1,575 $121,453 $22,100 $99,353
2014 $1,527 $121,453 $22,100 $99,353
Source: Public Records

Agents Affiliated with this Home

  • Jerri Banner

    Seller's Agent in 2014

    Jerri Banner

    Banner Team Properties Brokered by EXP Realty

    (336) 409-0724

    326 Total Sales

    Jerri Banner
    Section Image

  • J

    Seller Co-Listing Agent in 2014

    Jonathan Key

    Banner Team Properties Brokered by EXP Realty

    (336) 918-0226

    127 Total Sales

    Jonathan Key
    Section Image

  • N

    Buyer's Agent in 2014

    NONMEMBER NONMEMBER

  • L

    Buyer's Agent in 2014

    Lisa Fowler

    High Key Realty

    (336) 692-8822

    48 Total Sales

    Lisa Fowler
    Section Image
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Map

Source: Triad MLS

MLS Number: 712910

Triad MLS

APN: 6864-86-7320

North Carolina Forsyth County Winston-Salem 27107

569 Covington Ridge Rd, Winston-Salem, NC

This home is located at 569 Covington Ridge Rd, Winston Salem, NC 27107 since 15 July 2014 and is currently estimated at $291,133, approximately $185 per square foot. This property was built in 1992. 569 Covington Ridge Rd is a home located in Forsyth County with nearby schools including Union Cross Elementary School, Southeast Middle School, and R.B. Glenn High School.

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