NOT LISTED FOR SALE

8509 Brook Meadow Ln Lewisville, NC 27023

Estimated Value: $963,000 - $1,295,315

4 Beds
3.5 Baths
4,600 Sq Ft
$239/Sq Ft Est. Value

Last Sold July 16, 2020

Last sale price $612,500 $133 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,388/month

133 Days on Market

Highlights

  • Barn
  • Horses Allowed On Property
  • Built-In Refrigerator
  • Southwest Elementary Rated A
  • In Ground Pool
  • Dining Room with Fireplace

About This Home

As of July 2020

Country Estate life on 7 acres with low Lewisville taxes while only 10 minutes from the heart of Winston-Salem. 4 stall barn and fenced pasture. Spa & Pool w/ Pool house w/ kitchen, bath and storage. Extensive renovation thru-out this 4 bedroom 3.5 bath home. Granite countertops, Stainless appliances and Gas cooktop. 3 gas fireplaces and 6 garage spaces. Home Warranty Included. Priced well below appraised value.

Last Agent to Sell the Property

Dennis Wall

Ward & Ward Properties, LLC License #292745 Listed on: 01/20/2020

Last Buyer's Agent

Candler Moore

Keller Williams Realty Elite License #251654

Keller Williams Realty Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,702

Year Built

  • Built in 1986

Lot Details

  • 7.15 Acre Lot
  • Fenced
  • Cleared Lot
  • Property is zoned RS20-S

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 6 Car Attached Garage
  • Basement Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 4,360 Sq Ft Home
  • 3,900-4,600 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Arched Doorways
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Den with Fireplace
  • Dryer Hookup
  • Finished Basement

Kitchen

  • Built-In Range
  • Built-In Refrigerator
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Schools

  • West Forsyth High School

Farming

  • Barn
  • Pasture

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Electric Water Heater

Additional Features

  • In Ground Pool
  • Horses Allowed On Property

Community Details

  • Brook Acres Farm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5875931974
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,702

Year Built

Built in 1986

Lot Details

0

HOA Fees

$28 per month

Parking

6

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 7.15
  • Lot Size: irregular
  • Subdivision Name: Brook Acres Farm
  • Directions: From Winston-Salem travel west (North)on 421 to Williams Road exit 244 travel south on Concord Church Rd roughly a quarter mile turn left on Brook Meadow Lane. Home is the last one on the right.
  • Above Grade Finished Sq Ft: 4360
  • Architectural Style: Transitional
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1986
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 700 - 900
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3900 - 4600
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Oven, Built-In Range, Built-In Refrigerator, Cooktop, Dishwasher, Disposal, Electric Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Arched Doorways, Built-in Features, Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry, Solid Surface Counter, Vaulted Ceiling(s)
  • Has Basement: Finished, Unfinished, Basement, Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Double Sided, Gas Log, Den, Dining Room, Kitchen
  • Fireplaces: 3
  • Living Area: 4360
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Lighting
  • Fencing: Fenced
  • Lot Features: Horses Allowed, Cleared, Pasture
  • Pool Features: In Ground
  • Construction Type: Brick, Vinyl Siding
  • Other Structures: Pool House, Barn(s)
  • TRIADMLS_PoolYN: Yes

Garage/Parking

  • Garage Spaces: 6
  • Parking Features: Driveway, Garage, Garage Door Opener, Attached, Basement
  • Garage Description: Attached Garage, Basement Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security Lights, Smoke Detector(s)
  • Cooling: Heat Pump, Zoned
  • Heating: Fireplace(s), Heat Pump, Zoned, Electric, Propane
  • Water Source: Private, Well
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 330
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • High School: West Forsyth

Lot Info

  • Parcel #: 5875931974
  • Zoning: RS20-S
  • TRIADMLS_AcresRange: 6 - 8

Tax Info

  • Tax Annual Amount: 4702.03
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 0.0099

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2020
Closed on
Jul 8, 2020
Sold by
Brown Chad F and Brown Renee L
Bought by
Laster Laura K and Laster Scott
Seller's Agent
Dennis Wall
Ward & Ward Properties, LLC
Buyer's Agent
Candler Moore
Keller Williams Realty Elite
Sold Price
$612,500
Current Estimated Value
$1,101,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$488,829
Avg. Annual Appreciation
11.73%
Original Mortgage
$490,000
Outstanding Balance
$433,530
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$667,799

Purchase Details

Listed on
Nov 18, 2013
Closed on
Feb 5, 2014
Sold by
Smith Anthony W and Smith Lori W
Bought by
Brown Chad F and Brown Renne L
Seller's Agent
Pam Matthews
Howard Hanna Allen Tate - Winston Salem
Buyer's Agent
Tori Boysen
Berkshire Hathaway HomeServices Carolinas Realty
List Price
$535,000
Sold Price
$530,000
Premium/Discount to List
-$5,000
-0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.28%
Original Mortgage
$417,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 1999
Sold by
Venable Jerry G and Venable Agnes M
Bought by
Smith Anthony W and Smith Lori W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
7.89%
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
Laster Laura K $612,500 None Available
Brown Chad F $530,000 None Available
Smith Anthony W $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laster Laura K $490,000
Previous Owner Brown Chad F $417,000
Previous Owner Smith Anthony W $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2020 07/16/20 Sold $612,500 +15.6% $157 / Sq Ft
02/19/2014 02/19/14 Sold $530,000 -0.9% $175 / Sq Ft View Prior Sale
12/25/2013 12/25/13 Pending -- -- --
11/18/2013 11/18/13 For Sale $535,000 -- $177 / 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 $7,152 $997,800 $190,400 $807,400
2024 $6,447 $723,400 $177,100 $546,300
2023 $6,447 $683,200 $177,100 $506,100
2022 $6,290 $666,500 $177,100 $489,400
2021 $6,256 $666,500 $177,100 $489,400
2020 $4,815 $477,800 $137,600 $340,200
2019 $4,863 $477,800 $137,600 $340,200
2018 $4,702 $477,800 $137,600 $340,200
2016 $4,375 $442,768 $118,074 $324,694
2015 $4,375 $442,768 $118,074 $324,694
2014 $4,303 $437,066 $118,074 $318,992
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 962848

Triad MLS

APN: 5875-93-1974