NOT LISTED FOR SALE

1 W 5th St Unit 201 Winston-Salem, NC 27101

Downtown Winston-Salem Neighborhood

Estimated Value: $362,000 - $423,000

1 Bed
1.5 Baths
1,345 Sq Ft
$257/mo HOA Fee

Last Sold March 13, 2012

Last sale price $237,500 $177 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,689/month

223 Days on Market

Highlights

  • The property is located in a historic district
  • Main Floor Primary Bedroom
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Solid Surface Countertops
  • 3-minute walk to Hanes Park

About This Home

As of March 2012

Exceptional corner loft designed by local architect in sought after arts district location.Upscale finishes and design elements include a barrel vault entry and rotunda hall w/marble in laid floors,dark oak floors,50'span of windows with custom down/up cellular blinds,Chef's kitchen w/wine frig,walk in laundry/pantry,extensive recessed lighting,wired for sound.BR & office separated by contempo unit.Luxury marble bath w/huge shower and soaking tub.Common area roof deck.1 assigned garage space.

Last Listed By

Michael Ryden

Leonard Ryden Burr Real Estate License #99199 Listed on: 07/12/2011

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,890

Year Built

  • Built in 1925

Lot Details

  • 9,583

HOA Fees

  • $257 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Basement Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,345 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Dryer Hookup

Kitchen

  • Built-In Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Separate Shower

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Sprinkler System
  • The property is located in a historic district

Community Details

  • Downtown Subdivision

Listing and Financial Details

  • Legal Lot and Block 201 / 6492
  • Assessor Parcel Number 064920201
  • 1% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,890

Year Built

Built in 1925

Lot Details

0

HOA Fees

$257 per month

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: Condo
  • Subdivision Name: Downtown
  • Directions: Take Fourth Street heading East through downtown, L on Main Street, L on Fifth St, the building entrance will be immediately on your right.Street parking spaces are available
  • Above Grade Finished Sq Ft: 1345
  • Architectural Style: Condo Upper
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 1925
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Built-In Range, Dishwasher, Disposal, Exhaust Fan, Electric Water Heater
  • Flooring: Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Pantry, Separate Shower, Solid Surface Counter
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 1345
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Exterior Features: Sprinkler System
  • Fencing: None
  • Lot Features: Historic District, Near Public Transit
  • Construction Type: Brick
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 256.63
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 064920201
  • Zoning: CB
  • TRIADMLS_DeedPage: 4021
  • TRIADMLS_DeedBook: 2494

Tax Info

  • Tax Annual Amount: 2889.74
  • Tax Block: 6492
  • Tax Lot: 201
  • Tax Map Number: 630854
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 1.149

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2022
Sold by
Andrews Hancock Iii James and Blake Kelley
Bought by
Charles Condo Llc
Total Days on Market
223
Current Estimated Value
$386,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,920
Outstanding Balance
$270,911
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$103,619

Purchase Details

Listed on
Jul 12, 2011
Closed on
Mar 7, 2012
Sold by
Russell Kenneth D
Bought by
Hancock James Andrew and Hancock Kelley Blake
Seller's Agent
Michael Ryden
Leonard Ryden Burr Real Estate
Buyer's Agent
Christine Ritchie
Leonard Ryden Burr Real Estate
List Price
$264,950
Sold Price
$237,500
Premium/Discount to List
-$27,450
-10.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.52%

Purchase Details

Closed on
Aug 9, 2004
Sold by
Chancellor David S and Phelps Chancellor Vicki
Bought by
Russell Kenneth D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 2003
Sold by
One West Fifth Street Associates Llc
Bought by
Chancellor David S and Phelps Chancellor Vicki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,950
Interest Rate
5.93%
Mortgage Type
Commercial

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
Charles Condo Llc $350,000 --
Hancock James Andrew $238,000 None Available
Russell Kenneth D $234,000 --
Chancellor David S $227,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Charles Condo Llc $75,000
Open Charles Condo Llc $279,920
Previous Owner Russell Kenneth D $152,000
Previous Owner Chancellor David S $165,950
Closed Russell Kenneth D $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2012 03/13/12 Sold $237,500 -10.4% $177 / Sq Ft
02/21/2012 02/21/12 Pending -- -- --
07/12/2011 07/12/11 For Sale $264,950 -- $197 / 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
2023 $3,488 $244,100 $13,200 $230,900
2022 $3,427 $244,100 $13,200 $230,900
2021 $3,369 $244,100 $13,200 $230,900
2020 $3,663 $249,000 $12,700 $236,300
2019 $3,687 $249,000 $12,700 $236,300
2018 $3,513 $249,000 $12,700 $236,300
2016 $3,214 $228,559 $11,902 $216,657
2015 $3,168 $228,559 $11,902 $216,657
2014 $3,079 $228,559 $11,902 $216,657
Source: Public Records

Agents Affiliated with this Home

  • Michael Ryden

    Seller's Agent in 2012

    Michael Ryden

    Leonard Ryden Burr Real Estate

    27 Total Sales

    Michael Ryden
    Section Image

  • C

    Buyer's Agent in 2012

    Christine Ritchie

    Leonard Ryden Burr Real Estate

See All Agents

Map

Source: Triad MLS

MLS Number: 617708

Triad MLS

APN: 6835-27-2696

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

1 W 5th St Unit 201, Winston-Salem, NC

Homes for Sale in Winston-Salem, NC

This home is located at 1 W 5th St Unit 201, Winston-Salem, NC 27101 since 12 July 2011 and is currently estimated at $386,246, approximately $287 per square foot. This property was built in 1925. 1 W 5th St Unit 201 is a home located in Forsyth County with nearby schools including Wiley Magnet Middle School, Reynolds High School, and The Arts Based School.

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