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5615 Phelps Farm Rd, Clemmons, NC, 27012

$262,500

Home List Price

$3,117*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,104 SqFt
$238/SqFt
House

Location

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5615 Phelps Farm Rd, Clemmons$262,500

Buyer Closing Credits

$3,117*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1960
HeatingHeat Pump, Electric
CoolingHeat Pump
MLS #1163693
Lot Size1.54 Acres
StatusActive

About 5615 Phelps Farm Rd

Come experience country living while being minutes away from Clemmons and Winston Salem. This beautifully updated farm house sits on over 1.5 acres in the highly sought after Clemmons school district!! The home has been completely updated while retaining its rustic charm. Recent updates include a new HVAC system, granite counter tops, newer appliances, vanities in both bathrooms, new flooring, doors, new gutters, fresh paint throughout the home including the front porch and deck to name a few! The large lot offers many possibilities and has two concrete slabs that could be used for a garage or a spot to park your RV. Make sure to watch the virtual tour to see how much this fantastic property has to offer!! Both bathrooms and small hallway ceilings (324 square feet) are slightly below 7 feet so they are not included in the total square footage of 1104.

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Living Area: 1,104 SqFt

Listing Office:

  • Office Name: Allen Tate Winston Salem
  • Office Phone: (336) 778-3990
  • Listing Agent: Glenn Austin

Interior Features

Interior Information:

  • Appliances: Electric Water Heater
  • Basement: No
  • Flooring Type: Vinyl
  • Interior: Dead Bolt(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Garden

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 1.54 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Electric
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: Clemmons Rd to Harper Rd. Left on Frye Bridge Rd for 1.3 miles, left on Phelps Farm Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $262,500
  • Price Per SqFt: $238/SqFt

Tax Information:

  • Annual Amount: $668
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Clemmons, NC.

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Clemmons, NC

City

Med. Sold Price

$385K

Med. Price/SqFt

$171

Avg. Days On Market

35

# of Sold Homes

36

5615 Phelps Farm Rd vs Clemmons

37 DAYS ON ROCKET

+2 Days

$262,500

-$122.5K Less

$238/SqFt

+$67 More

KEY TAKEAWAY

This property is $122.5K less than the Median Sold Price and $67/SqFt more than other homes in Clemmons, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triad MLS
  • MLS Number: #1163693

Listing Office:

  • Office Name: Allen Tate Winston Salem
  • Office Phone: (336) 778-3990
  • Listing Agent: Glenn Austin

IDX Copyright © 2025 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/6/2025, 8:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 02, 2019Home Sold
$76,000
Feb 07, 2006Home Sold
$50,000

Tax History

YEARPROP. TAXASSESSMENT
2020$668$82,400
2018$642$81,600
2017$639$81,600

History based on county public records data.

Payment Calculator

$1,378

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$853

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-670677
3
/10

  • Ward Elementary School

  • 3775 Fraternity Church Rd

  • 2.38 miles

  • Public District Grades PK-5

school-card-donut-670678
3
/10

  • Kimmel Farm Elementary School

  • 4672 Ebert Rd

  • 2.65 miles

  • Public District Grades PK-5

school-card-donut-670679
9
/10

  • Clemmons Elementary School

  • 6200 Bingham Ave

  • 2.80 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $91,667. Most Clemmons, NC residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5615 Phelps Farm Rd

What is the listing price of this property?

The listing price of 5615 Phelps Farm Rd property is $262,500.

What type of property is this?

The property 5615 Phelps Farm Rd is a house located in Clemmons, North Carolina, 27012.

Is this property for sale now?

Active Listing: 5615 Phelps Farm Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $668 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 2, 2019 for $76,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5615 Phelps Farm Rd has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5615 Phelps Farm Rd is 1,104 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5615 Phelps Farm Rd is 1960.

Rocket Homes›North Carolina›Forsyth County›Clemmons›27012›5615 Phelps Farm Rd

This home is located at 5615 Phelps Farm Rd in Clemmons, NC and zip code 27012. This 1,104 square foot home, which was built in 1960, sits on a 1.54 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 30, 2024 and is currently priced at $262,500.

In December 2024, from all listings sold in Clemmons, NC there were more than 8 sold above asking price, over 17 sold below and more than 11 were sold right at the asked price. The inventory of homes for sale in Clemmons, NC between November 2024 and December 2024 decreased by 5.8%. In December 2024, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $385,000.

From Rocket Homes Real Estate and based on county public records data.

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