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Off market
  • $400,600

    742 Lynn Dee Dr, Winston Salem, NC 27106

    3beds
    2,565sqft
    SingleFamily
    Built in 1976
    0.53 Acres Lot
    $400,600 Zestimate®
    $156/sqft
    $2,174 Estimated rent

    Home value

    $400,600

    $381,000 - $421,000

    $2,174/mo

    Zestimate® history
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    What's special

    Rare opportunity to live on lake 5 minutes from Wake Forest! 3 bdr/3 bth charming, classic ranch. Serene lakefront setting with mature fruit trees and a grape arbor. Kayak/Canoe from your own dock. hdw flrs, screen porch and finished basement with fireplace. Walk up attic. Truly special. It's currently renting at $3,200/mth to traveling nurses. This is only renting the top floor, with no access to W/D (it's located downstairs). More room to increase rent by opening up downstairs to renters. Make this house your home and enjoy lake life on your own private 7 acre lake. Located <5min away from Wake Forest University, 10-12min from downtown Winston Salem, and in a top school district. The bottom floor is not in photos. Bottom floor has a two car garage, oversized finished area with fireplace (think another living room), full bathroom and an unfinished space that is perfect as a large utility room for a handyman or for projects. Someone could convert the entire downstairs into a large apartment, rent out separately as a house hack or create a massive bedroom that's roughly 900sqft. The attic has a built-in staircase and is spacious enough to convert into another bedroom bringing it to a 4/3, possibly 5/3 if converting the downstairs. You could do some cosmetic updates upstairs on the main floor. Heads-up -- the designed floors are peel n stick since it was intended to be a rental when remodeling. However, the wood floors are true hard wood that are thick and have a really cool peg design on the ends. I don't think these would need refinishing anytime soon. I redesigned this place after purchase because it was very, very dated. Happy to consult on another re-design for the new homeowner. Best features are the backyard access to the lake, black tarp area is a large garden space that I covered when moving, dog park under the outdoor gazebo, peach tree and apple trees, lots of birds and wildlife that use the backyard as a runway when flying onto the lake.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Range / Oven
    Features
    • Flooring: Carpet, Hardwood, Linoleum / Vinyl
    • Basement: Partially finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,565 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Exterior features: Brick
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.53 Acres
    Details
    • Parcel number: 6817203474000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Conventional
    Materials
    • masonry
    • Foundation: Masonry
    • Roof: Asphalt
    Condition
    • Year built: 1976

    Community & HOA

    Location
    • Region: Winston Salem

    Financial & listing details

    • Price per square foot: $156/sqft
    • Tax assessed value: $338,100
    • Annual tax amount: $3,727

    Price history

    DateEventPrice
    7/21/2023Sold$392,000-2%
    Source: Triad MLS #1109312 Report a problem
    6/24/2023Pending sale$399,900
    Source: Triad MLS #1109312 Report a problem
    6/22/2023Listed for sale$399,900-8.9%
    Source: Triad MLS #1109312 Report a problem
    5/15/2023Listing removed--
    Source: Owner Report a problem
    2/15/2023Listed for sale$439,000+119.5%$171/sqft
    Source: Owner Report a problem
    2/18/2016Sold$200,000+7.5%
    Source: Triad MLS #781540 Report a problem
    2/5/2016Pending sale$186,000$73/sqft
    Source: Leonard Ryden Burr Real Estate #781540 Report a problem
    1/15/2016Listed for sale$186,000+30.5%$73/sqft
    Source: Leonard Ryden Burr Real Estate #781540 Report a problem
    1/11/2001Sold$142,500+14%
    Source: Triad MLS #W122250 Report a problem
    7/31/1998Sold$125,000$49/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,727 +17.7%$338,100 +49.8%
    2024$3,166 +4.8%$225,700
    2023$3,022 +1.9%$225,700
    2022$2,965 +1.8%$225,700
    2021$2,912 +16.3%$225,700 +24.5%
    2020$2,504 -0.7%$181,300
    2019$2,522 +5.3%$181,300
    2018$2,395 $181,300 +10.9%
    2016$2,395 +13.6%$163,415 +0.5%
    2015$2,107 $162,551
    2014-- $162,551
    2013-- $162,551 -14.1%
    2012-- $189,198
    2011-- $189,198
    2010-- $189,198 +5%
    2009-- $180,115 +13.2%
    2008-- $159,080
    2007-- --
    2006-- $158,445
    2005-- $158,445 +15.5%
    2004-- $137,201
    2003-- $137,201
    2002-- $137,201 +1.9%
    2001-- $134,677 +13.8%
    2000-- $118,296
    Find assessor info on the county website

    Neighborhood: 27106

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $400,600
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    Estimated market value
    $400,600