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956 Benjamins Way

956 Benjamins Way, Winston Salem, NC 27103
House in Salem Woods
Sold Sep 02, 2020
$153,500
$155,500 by State Employees Cu
Mortgage Due Oct 01, 2050
Sold Jun 29, 2005
$116,000
$92,660 by Trademark Mortgage Llc
Mortgage Due Jul 01, 2035
956 Benjamins Way in Winston Salem, NC was first built in 2005 and is 19 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 6 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. 956 Benjamins Way has 1,198 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. The linear feet across the front of the lot is 470 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 9,148 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. For those who need parking, there is a garage. The garage is 228 sqft. There is one available parking space. 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 brick. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 956 Benjamins Way sold most recently in Aug 26, 2020 for a total of $153,500. If you work out the math, that's approximately a cost of $128.13 per sqft. Before that, the property was also sold for $116,000 in Jun 14, 2005. 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 $1,881 in taxes each year. 956 Benjamins Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $143,200. If we break it down further, the land itself was valued at $31,100. Improvements to the property, however, were assessed at a total of $112,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • 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: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 228
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 470
  • Total Building Area: 1,198
  • Gross Building Area: 1,198
  • Building Area: 1,198
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,198
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SALEM WOODS
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO015 BL6523

Ownership

  • Current Owner : BAILEY CHRISTOPHER
  • Current Owner 2: BAILEY ANTROVETTE
  • Previous Owner : SMITH CYNTHIA A
  • Previous Owner 2: SMITH RANDY H
  • Owner Before Previous Owner: SHUGART ENTERPRISES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Forsyth County Schools
  • Census Tract: 003805

Zoning

  • Zoning: RS9

Geography

  • Assessors Map Reference: PM6804
  • Parcel: 6804-44-9944.000
  • Block: 6523
  • Lot: 15
  • Municipality: WINSTON-SALEM
  • Latitude: 36.0643
  • Longitude: -80.3366

    Address

  • Full Address: 956 Benjamins Way
  • Address - House Number: 956
  • Address - Street Name: Benjamins
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Winston Salem
  • Carrier Code: C025
  • 4-Digit Zip Code: 5361
  • Zip Code: 27103

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,881

    Appraisal Valuation

  • Standard Deviation: 0.2494
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 64
  • Final Value: 223,839
  • High Value: 279,680
  • Low Value: 167,999

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $155,500
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: Sep 02, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $155,500
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $143,200
  • Market Land Value: $31,100
  • Market Improvement Value: $112,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $143,200
  • Assessed Land Value: $31,100
  • Assessed Improvements Value: $112,100

    Sales

  • Current Sale Contract Date: Aug 26, 2020
  • Current Sale Recording Date: Sep 02, 2020
  • Current Sale Transaction ID: 11785001821
  • Current Sale Price: $153,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020038837
  • Previous Sale Recording Date: Jun 29, 2005
  • Previous Sale Contract Date: Jun 14, 2005
  • Previous Sale Amount: $116,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: Sep 02, 2020
  • First Mortgage Loan Amount: $155,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: TRADEMARK MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jun 29, 2005
  • Previous Mortgage Loan Amount: $92,660
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jul 01, 2035

About Salem Woods



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 956 Benjamins Way located in?
The 956 Benjamins Way is a house located in the neighborhood of Salem Woods in Salem Woods, Winston Salem.
What is the average sales price for listings in 956 Benjamins Way?
The average sales price for units in 956 Benjamins Way is $149,500 currently.

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