NOT LISTED FOR SALE

7640 Salem Chapel Rd Walnut Cove, NC 27052

Estimated Value: $309,317 - $374,000

3 Beds
2.5 Baths
2,500 Sq Ft
$139/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $167,500 $67 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,945/month

13 Days on Market

Highlights

  • No HOA
  • Outdoor Storage
  • Carpet
  • Porch

About This Home

As of September 2018

Great Location, Three Bedroom and Two and a Half Bath Cape Cod. Lots of space and includes a Formal Living Room, Dining Room, Den, Loft and Computer Area. Large Deck overlooks an inviting back yard. Pricing reflects need for painting and minor repairs.

Last Agent to Sell the Property

Mike Bottoms

Keller Williams One License #235884 Listed on: 08/03/2018

Keller Williams One

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $1,526

Year Built

  • Built in 2000

Lot Details

  • 0.92 Acre Lot
  • Cleared Lot

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,309 Sq Ft Home
  • 2,000-2,500 Sq Ft Home
  • Property has 1 Level
  • Pull Down Stairs to Attic
  • Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6961210654
  • 1% Total Tax Rate

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$1,526

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Modular
  • Prop. Type: Residential
  • Lot Size Acres: 0.92
  • Subdivision Name: None
  • Directions: From Walnut Cove travel US 311 South toward Walkertown. Just after the Forsyth County Line turn Left onto Salem Chapel Rd. Follow Salem Chapel Rd, House is located on the Right.
  • Above Grade Finished Sq Ft: 2309
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 2000
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2000 - 2500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Dead Bolt(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 2309
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: None
  • Lot Features: Cleared
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6961210654
  • Zoning: RS40
  • TRIADMLS_PricePerAcre: 179347.8261
  • TRIADMLS_DeedPage: 210
  • TRIADMLS_DeedBook: 2369
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1526
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 0.8435

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2018
Closed on
Sep 17, 2018
Sold by
Trout Larry R and Trout Christen B
Bought by
Lewis Dwayne K and Lewis Wendie
Seller's Agent
Mike Bottoms
Keller Williams One
List Price
$165,000
Sold Price
$167,500
Premium/Discount to List
$2,500
1.52%
Current Estimated Value
$346,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,329
Avg. Annual Appreciation
10.92%
Original Mortgage
$167,500
Outstanding Balance
$145,769
Interest Rate
4.5%
Mortgage Type
VA
Estimated Equity
$201,060

Purchase Details

Closed on
Jun 30, 2003
Sold by
Topping William M
Bought by
Trout Larry and Trout Christen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
5.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2001
Sold by
Key Homes Inc
Bought by
Topping William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,175
Interest Rate
6.6%
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
Lewis Dwayne K $167,500 None Available
Trout Larry $167,000 --
Topping William M $149,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Dwayne K $167,500
Previous Owner Trout Larry $127,000
Previous Owner Topping William M $147,175
Closed Topping William M $13,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $167,500 +1.5% $84 / Sq Ft
08/17/2018 08/17/18 Pending -- -- --
08/03/2018 08/03/18 For Sale $165,000 -- $83 / 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 $1,281 $219,800 $25,400 $194,400
2023 $1,281 $200,900 $25,400 $175,500
2022 $1,651 $200,900 $25,400 $175,500
2021 $1,592 $200,900 $25,400 $175,500
2020 $1,575 $180,900 $20,100 $160,800
2019 $1,593 $180,900 $20,100 $160,800
2018 $1,532 $180,900 $20,100 $160,800
2016 $1,410 $165,713 $18,770 $146,943
2015 $1,410 $165,713 $18,770 $146,943
2014 $1,370 $165,713 $18,770 $146,943
Source: Public Records

Agents Affiliated with this Home

  • Mike Bottoms

    Seller's Agent in 2018

    Mike Bottoms

    Keller Williams One

    (336) 420-8874

    23 Total Sales

    Mike Bottoms
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Map

Source: Triad MLS

MLS Number: 897938

Triad MLS

APN: 6961-21-0654

North Carolina Forsyth County Walnut Cove 27052

7640 Salem Chapel Rd, Walnut Cove, NC

This home is located at 7640 Salem Chapel Rd, Walnut Cove, NC 27052 since 03 August 2018 and is currently estimated at $346,829, approximately $138 per square foot. This property was built in 2000. 7640 Salem Chapel Rd is a home located in Forsyth County with nearby schools including Walkertown Elementary School, Walkertown Middle, and Walkertown High School.

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