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148 Teakwood Drive

148 Teakwood Drive, Winston Salem, NC 27127
Property in Davidson
Sold Aug 31, 2012
$177,000
$161,896 by Yadkin Valley Bank & Trust Com
Mortgage Due Sep 01, 2042
Sold Jun 26, 2007
$194,000
$184,300 by Homeservices Lending Llc
Mortgage Due Jul 01, 2037
148 Teakwood Drive has been categorized by the local assessors in Winston Salem, NC as a residential type of property. The building on the property was first built in 1988 and is 36 years old. However, we must point out that the home was most recently renovated and altered in 2005. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 148 Teakwood Drive has 1,064 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 392 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 2,820 ft and across the front of the lot is 900 ft. The area measurement of the land has been determined as 25,380 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 672 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a screened porch. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of wood shake/ shingles. The exterior walls of the building are made of materials we are unsure of. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 148 Teakwood Drive was last sold in Aug 8, 2012 for $177,000. According to our calculations, that's $47.43 per sqft. Prior to that sales transaction, the property was sold for $194,000 in Jun 26, 2007. Current property owners are expected to pay $1,575 in taxes per year. The property on 148 Teakwood Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $246,110. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 2005
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Exterior Walls Type: Other
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 392
  • Garage Type: Garage
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 25,380
  • Lot Size Depth Feet: 2,820
  • Lot Size Frontage Feet: 900
  • Total Building Area: 3,732
  • Gross Building Area: 3,732
  • Building Area: 3,732
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,064
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THORNCLIFFE
  • Land Acres: 0.583
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P=19-39 L9 BK2070-590 THORNCLIFFE

Ownership

  • Current Owner : KING FRANKLIN W
  • Current Owner 2: KING CRYSTAL T
  • Previous Owner : SCHNEIDER WILLIAM J
  • Previous Owner 2: SCHNEIDER ELAINE M
  • Owner Before Previous Owner: HALL CRATE P
  • Owner Before Previous Owner 2: HALL HEATHER C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Davidson County Schools
  • School Tax School District: C
  • School Tax District Code 2: FR26
  • Census Tract: 060301

Zoning

  • Zoning: RA3

Geography

  • Assessors Map Reference: MAP 004
  • Account Number: 9203857
  • District: 3
  • Parcel: 03-004-A-000-0009
  • Municipality: ARCADIA
  • Latitude: 35.9875
  • Longitude: -80.2575

    Address

  • Full Address: 148 Teakwood Dr
  • Address - House Number: 148
  • Address - Street Name: Teakwood
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Winston Salem
  • Carrier Code: R010
  • 4-Digit Zip Code: 9207
  • Zip Code: 27127

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,575

    Appraisal Valuation

  • Standard Deviation: 0.2653
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 62
  • Final Value: 338,473
  • High Value: 428,276
  • Low Value: 248,671

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $161,896
  • First Open Lien Mortgage Lender: YADKIN VALLEY BANK & TRUST COM
  • First Open Lien Mortgage Recording Date: Aug 31, 2012
  • First Open Lien Mortgage Loan Amount: $161,896
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2042

    Market Valuation

  • Market Total Value: $246,110
  • Market Land Value: $42,000
  • Market Improvement Value: $204,110

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $246,110

    Sales

  • Current Sale Contract Date: Aug 08, 2012
  • Current Sale Recording Date: Aug 31, 2012
  • Current Sale Transaction ID: 1196819861
  • Current Sale Price: $177,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2012000018935
  • Previous Sale Recording Date: Jun 26, 2007
  • Previous Sale Contract Date: Jun 26, 2007
  • Previous Sale Amount: $194,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: YADKIN VALLEY BANK & TRUST COM
  • First Mortgage Transaction Date: Aug 31, 2012
  • First Mortgage Loan Amount: $161,896
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: HOMESERVICES LENDING LLC
  • Previous Mortgage Transaction Date: Jun 26, 2007
  • Previous Mortgage Loan Amount: $184,300
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2037

About Davidson



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Frequently Asked Questions

What neighborhood is 148 Teakwood Drive located in?
The 148 Teakwood Drive is a located in the neighborhood of Davidson in Davidson, Winston Salem.
What is the average sales price for listings in 148 Teakwood Drive?
The average sales price for units in 148 Teakwood Drive is $0 currently.

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