NOT LISTED FOR SALE

705 Elderwood Ave Winston Salem, NC 27103

Knollwood-Hanestown Neighborhood

Estimated Value: $337,000 - $352,000

3 Beds
2 Baths
1,900 Sq Ft
$182/Sq Ft Est. Value

Last Sold May 18, 2023

Last sale price $310,000 $163 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,063/month

1 Day on Market

Highlights

  • Great Room with Fireplace
  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Porch
  • 1 Car Garage

About This Home

As of May 2023

This 3 bed, 2 bath home not only features phenomenal main level living with hardwoods throughout, but also has so much extra space in the basement should you need it! It also offers you a quiet, usable yard, mere minutes from everything and easy walkability!
With a formal living room up front and an open concept den off the kitchen, this home has ample room to spread out, entertain and more.
Beyond convenient to both hospitals, shops, grocery stores and highways, this 1 car garage home has everything you could need and should not be overlooked! Go check it out today!

Last Agent to Sell the Property

Lauren Hernandez

Triad's Finest Real Estate by eXp Realty License #278883 Listed on: 03/30/2023

Triad's Finest Real Estate by eXp Realty

Co-Listed By

Missy Farrell

Village Realty License #271098

Last Buyer's Agent

Jason Bragg

Leonard Ryden Burr Real Estate License #274647

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,770

Year Built

  • Built in 1961

Lot Details

  • 0.26 Acre Lot
  • Fenced
  • Property is zoned RS9

Parking

  • 1 Car Garage
  • Basement Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,798 Sq Ft Home
  • 1,600-1,900 Sq Ft Home
  • Property has 1 Level
  • Great Room with Fireplace
  • 2 Fireplaces
  • Finished Basement
  • Fireplace in Basement
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Knollwood Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6815827382
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,770

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Co List Office Mls Id: WLMRE01
  • Co List Office Phone: 336-448-4390
  • Subdivision Name: Knollwood Manor
  • Directions: Knollwood St to Melinda, left on Westview, Right on Elderwood, Home on Right
  • Above Grade Finished Sq Ft: 1798
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1961
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 100 - 300
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1600 - 1900
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Oven, Cooktop, Dishwasher, Disposal, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Dead Bolt(s)
  • Has Basement: Finished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 220
  • Fireplace Features: Basement, Great Room
  • Fireplaces: 2
  • Living Area: 1798
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: Fenced
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Garage, Basement
  • Garage Description: Basement Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, In Basement, Washer Hookup
  • Cooling: Central Air
  • Heating: Floor Furnace, Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6815827382
  • Zoning: RS9
  • TRIADMLS_PricePerAcre: 1192307.6923
  • TRIADMLS_DeedPage: 4207
  • TRIADMLS_DeedBook: 3529
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2770
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 1.3138

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
May 15, 2023
Sold by
Mahmood Syed A and Mahmood Nabiha
Bought by
Flores Alexander and Cedar Emily
Seller's Agent
Lauren Hernandez
Triad's Finest Real Estate by eXp Realty
Buyer's Agent
Jason Bragg
Leonard Ryden Burr Real Estate
List Price
$304,900
Sold Price
$310,000
Premium/Discount to List
$5,100
1.67%
Views
37
Current Estimated Value
$346,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,121
Avg. Annual Appreciation
4.79%
Original Mortgage
$200,012
Outstanding Balance
$179,649
Interest Rate
5.64%
Mortgage Type
New Conventional
Estimated Equity
$166,044

Purchase Details

Listed on
Mar 26, 2020
Closed on
Jun 4, 2020
Sold by
Waldrop Heather Wetherell and Waldrop Andrew Scott
Bought by
Mahmood Syed A
Seller's Agent
Eleanor Bell
Forsyth Realty
Buyer's Agent
Lauren Hernandez
Triad's Finest Real Estate by eXp Realty
List Price
$215,000
Sold Price
$207,000
Premium/Discount to List
-$8,000
-3.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.72%
Original Mortgage
$207,000
Interest Rate
3.12%
Mortgage Type
New Conventional
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
Flores Alexander $310,000 None Listed On Document
Mahmood Syed A $207,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Alexander $200,012
Previous Owner Mahmood Syed A $207,000
Previous Owner Waldrop Heather Wetherell $138,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $310,000 +1.7% $194 / Sq Ft
04/01/2023 04/01/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $304,900 +47.3% $191 / Sq Ft
06/10/2020 06/10/20 Sold $207,000 -3.7% $129 / Sq Ft
05/02/2020 05/02/20 Pending -- -- --
03/26/2020 03/26/20 For Sale $215,000 +55.8% $134 / Sq Ft
06/18/2013 06/18/13 Sold $138,000 -1.4% $88 / Sq Ft
03/26/2013 03/26/13 Pending -- -- --
03/12/2013 03/12/13 For Sale $139,900 -- $89 / 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 $2,822 $210,800 $40,000 $170,800
2023 $2,822 $210,800 $40,000 $170,800
2022 $2,769 $210,800 $40,000 $170,800
2021 $2,720 $210,800 $40,000 $170,800
2020 $1,834 $132,800 $27,000 $105,800
2019 $1,847 $132,800 $27,000 $105,800
2018 $1,754 $132,800 $27,000 $105,800
2016 $1,831 $139,123 $31,825 $107,298
2015 $1,803 $139,123 $31,825 $107,298
2014 $1,748 $139,123 $31,825 $107,298
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lauren Hernandez

    Triad's Finest Real Estate by eXp Realty

    (336) 661-5776

    1 in this area

    204 Total Sales

    Lauren Hernandez
    Section Image
  • Missy Farrell

    Seller Co-Listing Agent in 2023

    Missy Farrell

    Village Realty

    (336) 469-8055

    1 in this area

    123 Total Sales

    Missy Farrell
    Section Image

  • J

    Buyer's Agent in 2023

    Jason Bragg

    Leonard Ryden Burr Real Estate

    (336) 813-1818

    2 in this area

    337 Total Sales

    Jason Bragg
    Section Image

  • E

    Seller's Agent in 2020

    Eleanor Bell

    Forsyth Realty

    (336) 978-6836

    79 Total Sales

    Eleanor Bell
    Section Image

  • L

    Buyer's Agent in 2013

    Laura Farrell

    Ardmore Realty & Winston Salem Real Estate

    (336) 403-5063

    9 Total Sales

    Laura Farrell
    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 1100943

Triad MLS

APN: 6815-82-7382

North Carolina Forsyth County Winston-Salem 27103 Knollwood-Hanestown

705 Elderwood Ave, Winston-Salem, NC

This home is located at 705 Elderwood Ave, Winston Salem, NC 27103 since 30 March 2023 and is currently estimated at $346,121, approximately $182 per square foot. This property was built in 1961. 705 Elderwood Ave is a home located in Forsyth County with nearby schools including Moore Elementary School, Wiley Magnet Middle School, and Reynolds High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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