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2434 Somerset Place Drive

2434 Somerset Place Drive, Winston Salem, NC 27103
Property in Forsyth
Sold Jul 30, 2021
$175,000
$169,750 by Certainty Home Loans Llc
Mortgage Due Aug 01, 2051
Sold Oct 31, 2002
$130,500
$95,000 by Professional Home Mtg Lenders
Mortgage Due Nov 01, 2032
Local assessors in Winston Salem, NC have categorized 2434 Somerset Place Drive as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 6,970 square feet. The linear feet between the front and back of the lot was measured at 1,110 ft and the front of the lot was measured at 640 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2434 Somerset Place Drive has a total of 1,372 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 440 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B-. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jul 29, 2021 for $175,000. That's $127.55 per sqft. Prior to that sales transaction, the property was also sold in Oct 15, 2002 for $130,500. 2434 Somerset Place Drive was last assessed in 2023. The total value of the property was assessed at $181,900. Specifically, the land the property is located on was valued at $42,000. While improvements on the property were assessed at a total of $139,900. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,390. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: B-
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,110
  • Lot Size Frontage Feet: 640
  • Total Building Area: 1,372
  • Gross Building Area: 1,372
  • Building Area: 1,372
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,372
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SOMERSET AT WYNBROOK
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO034 BL6451

Ownership

  • Current Owner : MARU NICHOLAS K
  • Current Owner 2: MARU PHYLIS J
  • Previous Owner : BROWN KAREN
  • Previous Owner 2: BROWN MICHAEL
  • Owner Before Previous Owner: SHUGART ENTERPRISES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Forsyth County Schools
  • Census Tract: 003904

Zoning

  • Zoning: RS9

Geography

  • Assessors Map Reference: PM5894
  • Parcel: 5894-61-2204.000
  • Block: 6451
  • Lot: 34
  • Municipality: WINSTON-SALEM
  • Latitude: 36.0538
  • Longitude: -80.366

    Address

  • Full Address: 2434 Somerset Place Dr
  • Address - House Number: 2434
  • Address - Street Name: Somerset Place
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Winston Salem
  • Carrier Code: R015
  • 4-Digit Zip Code: 9624
  • Zip Code: 27103

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,390

    Appraisal Valuation

  • Standard Deviation: 0.2332
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 67
  • Final Value: 280,466
  • High Value: 345,898
  • Low Value: 215,033

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $169,750
  • First Open Lien Mortgage Lender: CERTAINTY HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Jul 30, 2021
  • First Open Lien Mortgage Loan Amount: $169,750
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $181,900
  • Market Land Value: $42,000
  • Market Improvement Value: $139,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $181,900
  • Assessed Land Value: $42,000
  • Assessed Improvements Value: $139,900

    Sales

  • Current Sale Contract Date: Jul 29, 2021
  • Current Sale Recording Date: Jul 30, 2021
  • Current Sale Transaction ID: 11845231992
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021040949
  • Previous Sale Recording Date: Oct 31, 2002
  • Previous Sale Contract Date: Oct 15, 2002
  • Previous Sale Amount: $130,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CERTAINTY HOME LOANS LLC
  • First Mortgage Transaction Date: Jul 30, 2021
  • First Mortgage Loan Amount: $169,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PROFESSIONAL HOME MTG LENDERS
  • Previous Mortgage Transaction Date: Oct 31, 2002
  • Previous Mortgage Loan Amount: $95,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Nov 01, 2032

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Frequently Asked Questions

What neighborhood is 2434 Somerset Place Drive located in?
The 2434 Somerset Place Drive is a located in the neighborhood of Forsyth in Winston-Salem, Winston Salem.
What is the average sales price for listings in 2434 Somerset Place Drive?
The average sales price for units in 2434 Somerset Place Drive is $0 currently.

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