NOT LISTED FOR SALE

624 Timberline Ridge Ln Unit 2nd floor Winston Salem, NC 27106

Bethabara Neighborhood

Estimated Value: $162,000 - $171,000

2 Beds
2 Baths
1,300 Sq Ft
$201/mo HOA Fee

Last Sold March 25, 2020

Last sale price $90,000 $69 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,221/month

About This Home

As of March 2020

Great condo on second floor with all rooms on a main level. Near WFU, Downtown WS and Silas Creek Parkway. Secured common entry to the building. New carpet installed in 2018. HVAC installed in November 2019. New gas logs installed at purchase but have never been used.

Last Buyer's Agent

Emily Phipps

Keller Williams Realty Elite License #213364

Keller Williams Realty Elite

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,018

Year Built

  • Built in 2000

Lot Details

  • 1,307

HOA Fees

  • $201 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,169 Sq Ft Home
  • 1,000-1,300 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Den with Fireplace
  • Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Paved Parking
  • Assigned Parking

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • Deacon Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6827156478
  • 1% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,018

Year Built

Built in 2000

Lot Details

0

HOA Fees

$201 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: condo
  • Subdivision Name: Deacon Ridge
  • Directions: Going North on Silas Creek, Right on Bethabara Road, Left into Deacon Ridge
  • Above Grade Finished Sq Ft: 1169
  • Architectural Style: Condo Upper
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 2000
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1300
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Den
  • Fireplaces: 1
  • Living Area: 1169
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned, Paved, Driveway

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Heat Pump, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 201.45
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 6827156478
  • Zoning: RM12-S
  • TRIADMLS_DeedPage: 1945
  • TRIADMLS_DeedBook: 3424
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1018
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 1.3909

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
Mar 25, 2020
Sold by
Nail Patrick Ryan and Pratt Erica
Bought by
Hale & Small Property Management Llc
Buyer's Agent
Emily Phipps
Keller Williams Realty Elite
List Price
$92,000
Sold Price
$90,000
Premium/Discount to List
-$2,000
-2.17%
Current Estimated Value
$167,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,060
Avg. Annual Appreciation
12.15%
Original Mortgage
$72,000
Outstanding Balance
$64,470
Interest Rate
3.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$102,502

Purchase Details

Closed on
Sep 11, 2018
Sold by
Mitchell Myron D and Mitchell Angel D
Bought by
Nail Patrick Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2015
Sold by
Waterer Ronald P and Waterer Edie W
Bought by
Mitchell Myron and Mitchell Angel

Purchase Details

Closed on
May 5, 2008
Sold by
Wallace Rusty W and Wallace Patti
Bought by
Waterer Ronald P and Waterer Edie W

Purchase Details

Closed on
Dec 15, 2004
Sold by
Strader Wendy Roxanne
Bought by
Wallace Rusty W and Wallace Patti

Purchase Details

Closed on
Jan 31, 2001
Sold by
John Kavanagh Company
Bought by
Strader Wendy Roxanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,200
Interest Rate
7.06%
Mortgage Type
FHA
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
Hale & Small Property Management Llc $90,000 None Available
Nail Patrick Ryan $82,500 None Available
Mitchell Myron $62,500 None Available
Waterer Ronald P $95,000 None Available
Wallace Rusty W $87,500 --
Strader Wendy Roxanne $84,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hale & Small Property Management Llc $72,000
Previous Owner Nail Patrick Ryan $66,000
Previous Owner Strader Wendy Roxanne $82,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2020 03/25/20 Sold $90,000 -2.2% $90 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $92,000 -- $92 / 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 $1,273 $95,100 $15,000 $80,100
2022 $1,249 $95,100 $15,000 $80,100
2021 $1,227 $95,100 $15,000 $80,100
2020 $1,011 $73,200 $12,000 $61,200
2019 $1,018 $73,200 $12,000 $61,200
2018 $967 $73,200 $12,000 $61,200
2016 $923 $70,053 $12,000 $58,053
2015 $909 $70,053 $12,000 $58,053
2014 $881 $70,053 $12,000 $58,053
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 965978

Triad MLS

APN: 6827-15-6478