NOT LISTED FOR SALE

740 Magnum Dr Winston Salem, NC 27101

Estimated Value: $249,000 - $311,000

3 Beds
2 Baths
1,676 Sq Ft
$170/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $103,975 $62 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $1,610/month

50 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Fenced
  • Porch
  • Central Air

About This Home

As of June 2013

Fresh paint and flooring. Lovely setting with great backyard. Enjoy the three season porch. This is a Fannie Mae HomePath property eligible for HomePath and HomePath Renovation financing. Property sold AS IS. Buyer/Agent to verify all info. See agent only remarks for offer instructions.

Last Agent to Sell the Property

Teresa Johnson

Craven-Johnson-Pollock, Inc. License #71750 Listed on: 03/11/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,286

Year Built

  • Built in 1979

Lot Details

  • 0.48 Acre Lot
  • Fenced
  • Property is zoned RS9

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,676 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Schools

  • East Forsyth Middle School
  • East Forsyth High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Winchester Sec 01 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6866194799
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,286

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.48
  • Subdivision Name: Winchester Sec 01
  • Directions: Bus. 40 to Linville Rd.to W. Mountain, Left on Walkertown Guthrie Rd. Right on Carbin, right on Conestoga, left on Wrangler, right on Magnum Drive.
  • Above Grade Finished Sq Ft: 1676
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1979
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1676
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1676
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: No

Exterior Features

  • Fencing: Fenced
  • Exclusions: Some Items May Be Missing Due To Foreclosure
  • Construction Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Cash
  • High School: East Forsyth
  • Middle Or Junior School: East Forsyth

Lot Info

  • Parcel #: 6866194799
  • Zoning: RS9
  • TRIADMLS_DeedPage: 0
  • TRIADMLS_DeedBook: 0

Tax Info

  • Tax Annual Amount: 1285.65
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 0.874

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2013
Closed on
May 14, 2013
Sold by
Fannie Mae
Bought by
Vernon Gina D
Seller's Agent
Teresa Johnson
Craven-Johnson-Pollock, Inc.
List Price
$124,900
Sold Price
$103,975
Premium/Discount to List
-$20,925
-16.75%
Current Estimated Value
$285,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,703
Avg. Annual Appreciation
8.54%
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
Vernon Gina D -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2013 06/28/13 Sold $103,975 -16.8% $62 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
03/11/2013 03/11/13 For Sale $124,900 -- $75 / 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 $1,348 $266,200 $33,000 $233,200
2024 $1,348 $153,600 $25,000 $128,600
2023 $1,348 $153,600 $25,000 $128,600
2022 $1,348 $153,600 $25,000 $128,600
2021 $1,348 $153,600 $25,000 $128,600
2020 $1,283 $136,000 $25,000 $111,000
2019 $1,297 $136,000 $25,000 $111,000
2018 $1,256 $136,000 $25,000 $111,000
2016 $1,176 $126,251 $22,000 $104,251
2015 $1,176 $126,251 $22,000 $104,251
2014 $1,158 $126,251 $22,000 $104,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 666851

Triad MLS

APN: 6866-19-4799