NOT LISTED FOR SALE

1 W 5th St Unit 103 Winston-Salem, NC 27101

Downtown Winston-Salem Neighborhood

Estimated Value: $478,000 - $622,000

2 Beds
2 Baths
2,100 Sq Ft
9,583 Sq Ft Lot

Last Sold August 18, 2016

Last sale price $258,000 $123 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $3,258/month

86 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • 3-minute walk to Hanes Park

About This Home

As of August 2016

Seller is ready for an offer!! Downtown Living in the Historic Charles Building. 2bed/2bath loft with 16 foot ceilings, heart pine floors, stainless appliances, secured garage parking, and a roof top deck. Freshly painted and move in ready. This maybe just the downtown living you are looking for. Stroll to Trade St. to enjoy the Art Events or take a walk to the out door concerts and festivals at Bailey Park in the Innovation Quarter. Don't expect this to last long!

Last Agent to Sell the Property

Clare Fader

Fader Real Estate at ERA Live Moore License #255648 Listed on: 04/29/2016

Last Buyer's Agent

Philip Stewart

Stewart Realty License #105687

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,165

Year Built

  • Built in 1925

Lot Details

  • 9,583

Parking

  • 1 Car Garage
  • Basement Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,972 Sq Ft Home
  • 1,700-2,100 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Tax Lot 103
  • Assessor Parcel Number 6835272675
  • 2% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,165

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Subdivision Name: None
  • Directions: Downtown Winston-Salem at the Corner of Fifth and Liberty. Parking on the Street and entrance on Fifth St.
  • Above Grade Finished Sq Ft: 1972
  • Architectural Style: Condo Upper
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 1925
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1700 - 2100
  • TRIADMLS_PorchYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Wood
  • Interior Amenities: Dead Bolt(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1972
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Near Public Transit
  • Construction Type: Brick
  • Foundation Details: Slab

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage Door Opener, Basement
  • Garage Description: Basement Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Parcel #: 6835272675
  • Zoning: CBWO
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 4164.94
  • Tax Lot: 103
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 2.196

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2023
Sold by
Kissick Joseph W
Bought by
Joseph W Kissick Ii Revocable Trust and Kissick
Current Estimated Value
$542,243

Purchase Details

Closed on
Mar 29, 2004
Sold by
One West Fifth Street Associates Llc
Bought by
Gates John D and Gates Susan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
5.55%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Joseph W Kissick Ii Revocable Trust -- None Listed On Document
Joseph W Kissick Ii Revocable Trust -- None Listed On Document
Gates John D $237,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gates John D $179,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2016 08/18/16 Sold $258,000 -13.7% $152 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $299,000 -- $176 / Sq Ft
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,875 $427,500 $21,800 $405,700
2024 $4,875 $341,200 $19,800 $321,400
2023 $4,875 $341,200 $19,800 $321,400
2022 $4,790 $341,200 $19,800 $321,400
2021 $4,709 $0 $0 $0
2020 $3,895 $264,800 $19,100 $245,700
2019 $3,921 $264,800 $19,100 $245,700
2018 $3,736 $264,800 $19,100 $245,700
2016 $4,225 $300,461 $17,853 $282,608
2015 $4,165 $300,461 $17,853 $282,608
2014 $4,047 $300,461 $17,853 $282,608
Source: Public Records

Agents Affiliated with this Home

  • Clare Fader

    Seller's Agent in 2016

    Clare Fader

    Fader Real Estate at ERA Live Moore

    (336) 575-7262

    16 in this area

    285 Total Sales

    Clare Fader
    Section Image
  • Philip Stewart

    Buyer's Agent in 2016

    Philip Stewart

    Stewart Realty

    (336) 749-4154

    7 Total Sales

    Philip Stewart
    Section Image
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Map

Source: Triad MLS

MLS Number: 793429

Triad MLS

APN: 6835-27-2675

North Carolina Forsyth County Winston-Salem 27101 Downtown Winston-Salem

1 W 5th St Unit 103, Winston-Salem, NC

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