Check Availability

420 Spring Lake Farm Circle

420 Spring Lake Farm Circle, Winston Salem, NC 27101
Property in Forsyth
Sold Jun 29, 2017
$298,000
$238,400 by Fairway Independent Mortgage C
Mortgage Due Jul 01, 2047
Sold Sep 12, 2006
$328,000
$308,000 by Cartus Home Loans Llc
Mortgage Due Oct 01, 2036
420 Spring Lake Farm Circle 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 2006 and is 18 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 420 Spring Lake Farm Circle has 2,484 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,150 ft and across the front of the lot is 900 ft. The area measurement of the land has been determined as 10,454 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

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 528 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of brick. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 420 Spring Lake Farm Circle sold most recently in Jun 21, 2017 for a total of $298,000. If you work out the math, that's approximately a cost of $119.97 per sqft. Before that, the property was also sold for $328,000 in Aug 30, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,354 in taxes each year. 420 Spring Lake Farm Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $301,100. If we break it down further, the land itself was valued at $46,800. Improvements to the property, however, were assessed at a total of $254,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Masonry
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,484
  • Gross Building Area: 2,484
  • Building Area: 2,484
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,484
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SPRING LAKE FARM
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO031 BL3255B

Ownership

  • Current Owner : WARSHAWSKY ERIC S
  • Current Owner 2: WARSHAWSKY LINDA L
  • Previous Owner : KERR WILLIAM A
  • Previous Owner 2: KERR COLLEEN A
  • Owner Before Previous Owner: HOMES BY HAMRICK INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Forsyth County Schools
  • School Tax School District: CITY VIEW
  • Census Tract: 003003

Zoning

  • Zoning: MH,RS9

Geography

  • Assessors Map Reference: PM6856
  • Account Number: 3255B031
  • Parcel: 6856-68-2906.000
  • Block: 3255B
  • Lot: 31
  • Municipality: MIDDLEFORK II
  • Latitude: 36.132
  • Longitude: -80.1642

    Address

  • Full Address: 420 Spring Lake Farm Cir
  • Address - House Number: 420
  • Address - Street Name: Spring Lake Farm
  • Address - Suffix Type: Cir
  • State: NC
  • City Name: Winston Salem
  • Carrier Code: C013
  • 4-Digit Zip Code: 2272
  • Zip Code: 27101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,354
  • Tax Rate Code Area: FC

    Appraisal Valuation

  • Standard Deviation: 0.215
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 70
  • Final Value: 431,813
  • High Value: 524,672
  • Low Value: 338,953

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $238,400
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jun 29, 2017
  • First Open Lien Mortgage Loan Amount: $238,400
  • 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: Jul 01, 2047

    Market Valuation

  • Market Total Value: $301,100
  • Market Land Value: $46,800
  • Market Improvement Value: $254,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $301,100
  • Assessed Land Value: $46,800
  • Assessed Improvements Value: $254,300

    Sales

  • Current Sale Contract Date: Jun 21, 2017
  • Current Sale Recording Date: Jun 29, 2017
  • Current Sale Transaction ID: 1589241509
  • Current Sale Price: $298,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017025732 00122
  • Previous Sale Recording Date: Sep 12, 2006
  • Previous Sale Contract Date: Aug 30, 2006
  • Previous Sale Amount: $328,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jun 29, 2017
  • First Mortgage Loan Amount: $238,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: CARTUS HOME LOANS LLC
  • Previous Mortgage Transaction Date: Sep 12, 2006
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $308,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Oct 01, 2036

About Forsyth



Similar Buildings

Property at 420 Spring Lake Farm Circle,

4325 Stokesdale Avenue

  • 1 Unit for Sale
  • 1 Story
4325 Stokesdale Avenue, Winston Salem, NC 27101

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 420 Spring Lake Farm Circle located in?
The 420 Spring Lake Farm Circle is a located in the neighborhood of Forsyth in Forsyth, Winston Salem.
What is the average sales price for listings in 420 Spring Lake Farm Circle?
The average sales price for units in 420 Spring Lake Farm Circle is $0 currently.

Quantcast