NOT LISTED FOR SALE

Estimated Value: $966,000 - $3,805,829

5 Beds
9 Baths
9,160 Sq Ft
$288/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $4,000,000 $437 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $15,347/month

183 Days on Market

Highlights

  • Barn
  • 4 Car Attached Garage
  • 1-Story Property
  • Colfax Elementary School Rated A-
  • Laundry Room
  • Four Sided Brick Exterior Elevation

About This Home

As of February 2024

Welcome to Paradise Hidden, an extraordinary Triad country estate that redefines luxury living. Nestled on 47~ pristine acres, it's a private retreat for those seeking an unparalleled lifestyle. Enjoy a tree-lined path leading to this stunning southern estate. The manor house exudes a timeless charm w/chefs kitchen, fine dining, great room. The luxurious owners suite sets the standard in this remarkable owner's suite and spa, a haven of relaxation. ML includes: three add'l ensuite BR's, relaxation/barlounge, luxe office. The terrace, overlooking the pool and grounds, is ready for entertaining. Lower level: entertaining space w/full kitchen, pool table, wellness room, media room & safe room! The grounds include a 4,000 square foot Morton Building w/4 garage doors, office space, a full bath, HVAC systems ready for your prized car collection, boats, RV or business. Includes 2400SF guest house, old country barn & chicken house. Close proximity to everything. Ask for detailed info sheet.

Last Agent to Sell the Property

Lauren Welborne Cole

Karin Head Team, Exp Realty Brokerage Email: lauren@karinhead.com License #343641 Listed on: 08/02/2023

Karin Head Team, Exp Realty

Co-Listed By

Karin Head

Karin Head Team, Exp Realty Brokerage Email: lauren@karinhead.com License #265498

Last Buyer's Agent

Tyler Wilhoit

Tyler Readhead & McAlister LLC License #254506

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,588

Year Built

  • Built in 2003

Lot Details

  • 47

Parking

  • 4 Car Attached Garage
  • Driveway

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Finished Basement
  • Natural lighting in basement
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Additional Features

  • Outbuilding
  • Property is zoned RS-40
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 0169105

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,588

Year Built

Built in 2003

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2003
  • Second Living Quarters: Interior Connected
  • Road Surface Type: Asphalt, Concrete
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 436.68
  • Geocode Confidence: Low
  • Attribution Contact: lauren@karinhead.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 4582
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Gas Oven, Gas Range
  • Above Grade Finished Sq Ft: 4582
  • Has Basement: Daylight, Finished
  • Basement YN: Yes
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 4578
  • Living Area: 9160
  • Bedroom Main: 4
  • Room Count: 16
  • Bedroom Basement: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Brick Full
  • Other Structures: Barn(s), Outbuilding

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Faces Side

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Lower Level, Main Level, Multiple Locations
  • Cooling: Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 47
  • Lot Size Units: Acres
  • Parcel Number: 0169105
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RS-40

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2024
Sold by
B Lee Way Revocable Trust and B Lee Way Jr Revocable
Bought by
B Lee Way Jr Revocable Trust and Way
Current Estimated Value
$2,636,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$974,001
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,662,609

Purchase Details

Listed on
Aug 2, 2023
Closed on
Feb 22, 2024
Sold by
Welborne Robert C and Welborne Jane D
Bought by
B Lee Way Revocable Trust and Way
Seller's Agent
Lauren Welborne Cole
Karin Head Team, Exp Realty
Buyer's Agent
Tyler Wilhoit
Tyler Readhead & McAlister LLC
List Price
$5,695,000
Sold Price
$4,000,000
Premium/Discount to List
-$1,695,000
-29.76%
Views
789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-23.85%

Purchase Details

Listed on
May 27, 2021
Closed on
Sep 21, 2021
Sold by
Whitney Dusty
Bought by
Welborne Robert C and Welborne Jane D
Seller's Agent
Chidi Akwari
Akwari & Company, LLC
Buyer's Agent
Chidi Akwari
Akwari & Company, LLC
Sold Price
$1,900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.68%
Original Mortgage
$900,000
Interest Rate
2.1%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 11, 2020
Sold by
Whitney Rebeca Lynn
Bought by
Whiney Dusty

Purchase Details

Listed on
Aug 28, 2018
Closed on
Mar 6, 2019
Sold by
Case Michael R and Case Becky N
Bought by
Whitney Dusty and Whitney Rebecca Lynn
Seller's Agent
Brooke Cashion
Allen Tate Kernersville
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$1,650,000
Sold Price
$1,650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.49%

Purchase Details

Closed on
Jun 27, 2001
Sold by
Ciener David B and Ciener Kristi N
Bought by
Case Michael R and Case Becky N
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
B Lee Way Jr Revocable Trust -- None Listed On Document
B Lee Way Revocable Trust $3,650,000 None Listed On Document
Welborne Robert C $1,800,000 None Available
Whiney Dusty -- None Available
Whitney Dusty $1,650,000 None Available
Case Michael R $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open B Lee Way Jr Revocable Trust $1,000,000
Previous Owner Welborne Robert C $900,000
Previous Owner Whitney Dusty $1,000,000
Previous Owner Case Michael R $129,700
Previous Owner Case Michael R $780,000
Previous Owner Case Michael R $230,000
Previous Owner Case Michael R $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $4,000,000 +0.1% $437 / Sq Ft
09/25/2023 09/25/23 Price Changed $3,995,000 -18.5% $436 / Sq Ft
08/23/2023 08/23/23 Price Changed $4,900,000 -14.0% $535 / Sq Ft
08/02/2023 08/02/23 For Sale $5,695,000 +199.7% $622 / Sq Ft
09/21/2021 09/21/21 Sold $1,900,000 +15.2% $238 / Sq Ft
03/15/2019 03/15/19 Sold $1,650,000 0.0% $206 / Sq Ft
02/07/2019 02/07/19 Pending -- -- --
08/28/2018 08/28/18 For Sale $1,650,000 -- $206 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $15,588 $1,956,500 $420,000 $1,536,500
2024 $15,588 $1,799,200 $437,600 $1,361,600
2023 $15,588 $1,799,200 $437,600 $1,361,600
2022 $12,184 $1,799,200 $437,600 $1,361,600
2021 $10,271 $1,417,200 $289,200 $1,128,000
2020 $10,271 $1,417,200 $289,200 $1,128,000
2019 $10,271 $769,770 $0 $0
2018 $5,845 $677,970 $0 $0
2017 $2,937 $677,970 $0 $0
2016 $5,721 $642,170 $0 $0
2015 $5,753 $642,170 $0 $0
2014 $5,817 $642,170 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4056122

Canopy MLS (Canopy Realtor® Association)

APN: 0169105