NOT LISTED FOR SALE

5705 Spice Meadow Ln Winston Salem, NC 27106

Estimated Value: $279,647 - $332,000

3 Beds
2 Baths
1,525 Sq Ft
$198/Sq Ft Est. Value

Last Sold November 19, 2012

Last sale price $139,500 $91 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,681/month

167 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Central Air
  • Vienna Elementary School Rated A-
  • Outdoor Storage
  • Level Lot

About This Home

As of November 2012

Attention all retirees are you ready for a small back yard and no outside maintenance enjoy this all brick ranch with 3Br and 2Ba large eat-in kitchen with Pantry and laundry closet. Living room has fireplace with gas logs. Walk-in closet and walk-in shower in the Master Bedroom. Attached finished garage with laundry sink and window unit. Deck on the back for grilling and large level lot for gardening. Fresh paint and new carpet. Nice quite dead street with new shopping center close by.Priced reduced

Last Agent to Sell the Property

Lynn Ray

RE/MAX Preferred Properties License #204525 Listed on: 05/10/2012

RE/MAX Preferred Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,341

Year Built

  • Built in 1992

Lot Details

  • 0.71 Acre Lot
  • Level Lot
  • Property is zoned RS9

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,525 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 15 / 4618
  • Assessor Parcel Number 5896491847
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,341

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.71
  • Directions: Robinhood Rd. to Right on Olivet Church to Left on Spice Meadow
  • Above Grade Finished Sq Ft: 1525
  • Unit Levels: One
  • Year Built: 1992
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1525
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Dead Bolt(s), Pantry
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1525
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: Level
  • Construction Type: Brick
  • Other Structures: Storage

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
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 5896491847
  • Zoning: RS9

Tax Info

  • Tax Annual Amount: 1340.71
  • Tax Block: 4618
  • Tax Lot: 15
  • Tax Map Number: 594866
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 0.749

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2012
Closed on
Nov 15, 2012
Sold by
Labney Thomas R and Labney Eleanor M
Bought by
Douma James John and Douma Julie Ann
Seller's Agent
Lynn Ray
RE/MAX Preferred Properties
List Price
$159,900
Sold Price
$139,500
Premium/Discount to List
-$20,400
-12.76%
Current Estimated Value
$301,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,412
Avg. Annual Appreciation
6.14%
Original Mortgage
$111,600
Outstanding Balance
$77,154
Interest Rate
3.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$224,758
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
Douma James John $139,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Douma James John $111,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2012 11/19/12 Sold $139,500 -12.8% $91 / Sq Ft
10/25/2012 10/25/12 Pending -- -- --
05/10/2012 05/10/12 For Sale $159,900 -- $105 / 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 $1,195 $290,300 $50,000 $240,300
2024 $1,195 $155,800 $43,400 $112,400
2023 $1,195 $155,800 $43,400 $112,400
2022 $1,195 $155,800 $43,400 $112,400
2021 $1,195 $155,800 $43,400 $112,400
2020 $1,223 $146,300 $43,400 $102,900
2019 $1,237 $146,300 $43,400 $102,900
2018 $1,173 $146,300 $43,400 $102,900
2016 $1,120 $139,033 $42,000 $97,033
2015 $1,120 $0 $0 $0
2014 $1,093 $138,052 $42,000 $96,052
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 642679

Triad MLS

APN: 5896-49-1847