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1540 Billy Drive

1540 Billy Drive, Winston Salem, NC 27107
Sold May 22, 2020
$99,000
$101,000 by State Employees Cu
Mortgage Due Jun 01, 2050
Sold Mar 23, 2020
$51,500
$40,000 by Jeremy D Johnson Ira
Mortgage Due Jul 13, 2020
1540 Billy Drive in Winston Salem, NC was first built in 1998 and is 26 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1540 Billy Drive has 1,092 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 10,890 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1540 Billy Drive sold most recently in May 22, 2020 for a total of $99,000. If you work out the math, that's approximately a cost of $90.66 per sqft. Before that, the property was also sold for $51,500 in Mar 13, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,310 in taxes each year. 1540 Billy Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $99,700. If we break it down further, the land itself was valued at $15,000. Improvements to the property, however, were assessed at a total of $84,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,092
  • Gross Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,092
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PLEASANT HILL
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO024 BL6311

Ownership

  • Current Owner : LINTON ALEXANDER
  • Current Owner 2: HIGH MAYA
  • Previous Owner : BUMP PROPERTIES LLC
  • Owner Before Previous Owner: INGRAM PARIL C
  • Owner Before Previous Owner 2: RICHARDS NEDAL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Forsyth County Schools
  • Census Tract: 001800

Zoning

  • Zoning: RS9

Geography

  • Assessors Map Reference: PM6844
  • Parcel: 6844-28-3977.000
  • Block: 6311
  • Lot: 24
  • Municipality: WINSTON-SALEM
  • Latitude: 36.0767
  • Longitude: -80.2101

    Address

  • Full Address: 1540 Billy Dr
  • Address - House Number: 1540
  • Address - Street Name: Billy
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Winston Salem
  • Carrier Code: C027
  • 4-Digit Zip Code: 2375
  • Zip Code: 27107

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,310

    Appraisal Valuation

  • Standard Deviation: 0.2564
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 63
  • Final Value: 143,221
  • High Value: 179,948
  • Low Value: 106,494

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $101,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: May 22, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $101,000
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $99,700
  • Market Land Value: $15,000
  • Market Improvement Value: $84,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $99,700
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $84,700

    Sales

  • Current Sale Contract Date: May 22, 2020
  • Current Sale Recording Date: May 22, 2020
  • Current Sale Transaction ID: 11762076730
  • Current Sale Price: $99,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020020675
  • Previous Sale Recording Date: Mar 23, 2020
  • Previous Sale Contract Date: Mar 13, 2020
  • Previous Sale Amount: $51,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: May 22, 2020
  • First Mortgage Loan Amount: $101,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: JEREMY D JOHNSON IRA
  • Previous Mortgage Transaction Date: Mar 23, 2020
  • Previous Mortgage Loan Amount: $40,000
  • Previous Mortgage Term: 3
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jul 13, 2020

About Pleasent Hill



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Frequently Asked Questions

What neighborhood is 1540 Billy Drive located in?
The 1540 Billy Drive is a house located in the neighborhood of Pleasent Hill in Pleasent Hill, Winston Salem.
What is the average sales price for listings in 1540 Billy Drive?
The average sales price for units in 1540 Billy Drive is $0 currently.

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