NOT LISTED FOR SALE

5941 Cottonwood Ln Winston Salem, NC 27103

Village Center Neighborhood

Estimated Value: $315,000 - $381,000

3 Beds
2 Baths
1,856 Sq Ft
$185/Sq Ft Est. Value

Last Sold January 07, 2015

Last sale price $100,000 $54 Per Sq Ft

Est. 243% increase in value since last sale

Current estimated payment $1,997/month

19 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Central Air
  • Clemmons Elementary School Rated A-

About This Home

As of January 2015

Fabulous location in great stable neighborhood. 3 Bedroom 2 bath Ranch on large flat lot. 2 Car detached garage Huge rooms, tons of storage, large closets. Equal Housing Opportunity. FHA 381-416625, IE $880. AS-IS without repairs or warranties. See Ofori or HUDHOMESTORE websites for Property Condition Report,environmental issues if any, online bidding, required contract and addenda. Registered HUD brokers only. All information is believed accurate, but should be verified by buyer

Last Agent to Sell the Property

Wrenchel Stokes

Lifestyle International Realty License #171824 Listed on: 11/20/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,286

Year Built

  • Built in 1970

Lot Details

  • 0.48 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,856 Sq Ft Home
  • Property has 1 Level
  • Den with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,286

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.48
  • Directions: I-40 W to Clemmons. exit, RT at light, RT on Peacehaven, RT on Kinnamon, LT on Rollingreen, RT on Bridal Path, LT on Cottonwood,
  • Above Grade Finished Sq Ft: 1856
  • Unit Levels: One
  • Year Built: 1970
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1856
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 1856
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Construction Type: Brick

Garage/Parking

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

Lot Info

  • Zoning: Residential
  • TRIADMLS_DeedPage: 2461
  • TRIADMLS_DeedBook: 3192

Tax Info

  • Tax Annual Amount: 1286
  • Tax Map Number: 20
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2014
Closed on
Jan 6, 2015
Sold by
Secretary Of Hud
Bought by
Crump Lori Ann
Seller's Agent
Wrenchel Stokes
Lifestyle International Realty
List Price
$99,000
Sold Price
$100,000
Premium/Discount to List
$1,000
1.01%
Current Estimated Value
$342,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,535
Avg. Annual Appreciation
10.96%
Original Mortgage
$80,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2014
Sold by
Elliott Nancy C
Bought by
The Secretary Of Hud
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 Buyer Sale Price Title Company
Crump Lori Ann -- None Available
The Secretary Of Hud $173,142 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crump Lori Ann $50,000
Closed Crump Lori Ann $20,000
Open Crump Lori Ann $100,000
Closed Crump Lori Ann $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2015 01/07/15 Sold $100,000 +1.0% $54 / Sq Ft
12/10/2014 12/10/14 Pending -- -- --
11/20/2014 11/20/14 For Sale $99,000 -- $53 / 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 $1,738 $174,700 $39,000 $135,700
2023 $1,738 $174,700 $39,000 $135,700
2022 $1,738 $174,700 $39,000 $135,700
2021 $1,738 $174,700 $39,000 $135,700
2020 $1,458 $151,000 $33,000 $118,000
2019 $1,473 $151,000 $33,000 $118,000
2018 $1,422 $151,000 $33,000 $118,000
2016 $1,319 $139,012 $29,700 $109,312
2015 $1,319 $139,012 $29,700 $109,312
2014 $1,286 $139,012 $29,700 $109,312
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2015

    Wrenchel Stokes

    Lifestyle International Realty

    (336) 420-9209

    38 Total Sales

    Wrenchel Stokes
    Section Image
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Map

Source: Triad MLS

MLS Number: 724854

Triad MLS

APN: 5893-62-7896

North Carolina Forsyth County Winston-Salem 27103 Village Center

5941 Cottonwood Ln, Winston-Salem, NC

This home is located at 5941 Cottonwood Ln, Winston Salem, NC 27103 since 20 November 2014 and is currently estimated at $342,535, approximately $184 per square foot. This property was built in 1970. 5941 Cottonwood Ln is a home located in Forsyth County with nearby schools including Clemmons Elementary School, Clemmons Middle School, and West Forsyth High.

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Triad MLS Copyright 2025 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.

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