NOT LISTED FOR SALE

1 W 5th St Unit 207 Winston-Salem, NC 27101

Downtown Winston-Salem Neighborhood

Estimated Value: $330,000 - $405,000

1 Bed
1.5 Baths
1,380 Sq Ft
$344/mo HOA Fee

Last Sold May 29, 2014

Last sale price $218,000 $158 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,502/month

3 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • 3-minute walk to Hanes Park
  • Main Floor Primary Bedroom

About This Home

As of May 2014

Large 1 BR loft with 14' ceilings,exposed steel beams,wood floors,skylight,brick walls, and huge windows overlooking the research park in downtown.Appliances include white stack washer/dryer,SS stove,dishwasher, refrigerator,micro/exhaust fan. Unit includes inside parking space #2. Secured entry system. Huge common area rooftop deck is accessed from 3rd floor. HOA dues includes insurance coverage for unit less personal property.Easy access to all downtown has to offer.

Last Agent to Sell the Property

Michael Ryden

Leonard Ryden Burr Real Estate License #99199 Listed on: 04/07/2014

Last Buyer's Agent

Dana Scrattish

Forsyth Realty Group License #273002

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,793

Year Built

  • Built in 1925

Lot Details

  • 9,583

HOA Fees

  • $344 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,380 Sq Ft Home
  • Property has 1 Level
  • Insulated Doors
  • Dryer Hookup

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • Downtown Subdivision

Listing and Financial Details

  • Legal Lot and Block 207 / 6492
  • Assessor Parcel Number 6835273657
  • 1% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,793

Year Built

Built in 1925

Lot Details

0

HOA Fees

$344 per month

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: condo
  • Subdivision Name: Downtown
  • Directions: From Bus-40 take the liberty Street exit and stay in the left ramp to Main Street.Continue on main and turn left on Fifth. Building entrance will be immediately on your right. Park on street.
  • Above Grade Finished Sq Ft: 1380
  • Architectural Style: Condo Upper
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 1925
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1380
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Exhaust Fan, Electric Water Heater
  • Flooring: Tile, Wood
  • Interior Amenities: Dead Bolt(s)
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Insulated Doors
  • Living Area: 1380
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Lot Features: Near Public Transit
  • Construction Type: Brick
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 344.44
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 6835273657
  • Zoning: CB WO

Tax Info

  • Tax Annual Amount: 2792.83
  • Tax Block: 6492
  • Tax Lot: 207
  • Tax Map Number: 630854
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 1.2468

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2023
Sold by
Andrews Real Estate Rentals Llc
Bought by
Frye Adams Deborah
Current Estimated Value
$357,278

Purchase Details

Listed on
Apr 7, 2014
Closed on
May 9, 2014
Sold by
Dezern Charles D and Dezern Tina Y
Bought by
Herron Phillip G
Seller's Agent
Michael Ryden
Leonard Ryden Burr Real Estate
Buyer's Agent
Dana Scrattish
Forsyth Realty Group
List Price
$217,500
Sold Price
$218,000
Premium/Discount to List
$500
0.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.42%
Original Mortgage
$100,000
Interest Rate
4.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 10, 2010
Sold by
Dezern Charles D and Dezern Tina Y
Bought by
Dezern Charles D and Dezern Tina Y

Purchase Details

Closed on
Nov 27, 2006
Sold by
Borwick Douglas B and Frye Julia M
Bought by
Pegg Tina Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 21, 2005
Sold by
Grant Kathleen A and Gonzales Steven W
Bought by
Borwick Douglas B and Frye Julia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
5.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 10, 2003
Sold by
One West Fifth Street Associates Llc
Bought by
Gonzales Steven W and Grant Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,950
Interest Rate
6.13%
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
Frye Adams Deborah $303,500 None Listed On Document
Herron Phillip G $218,000 None Available
Dezern Charles D -- None Available
Pegg Tina Y $230,000 None Available
Borwick Douglas B $210,000 Bb&T
Gonzales Steven W $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herron Phillip G $100,000
Previous Owner Pegg Tina Y $184,000
Previous Owner Borwick Douglas B $189,000
Previous Owner Gonzales Steven W $119,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2014 05/29/14 Sold $218,000 +0.2% $158 / Sq Ft
04/11/2014 04/11/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $217,500 -- $158 / 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 $3,456 $299,100 $14,500 $284,600
2024 $3,308 $231,500 $13,200 $218,300
2023 $3,308 $231,500 $13,200 $218,300
2022 $3,250 $231,500 $13,200 $218,300
2021 $3,195 $231,500 $13,200 $218,300
2020 $3,270 $222,300 $12,700 $209,600
2019 $3,292 $222,300 $12,700 $209,600
2018 $3,136 $222,300 $12,700 $209,600
2016 $3,149 $224,048 $11,902 $212,146
2015 $3,105 $224,048 $11,902 $212,146
2014 $2,000 $224,048 $11,902 $212,146
Source: Public Records

Agents Affiliated with this Home

  • Michael Ryden

    Seller's Agent in 2014

    Michael Ryden

    Leonard Ryden Burr Real Estate

    (336) 577-8488

    26 Total Sales

    Michael Ryden
    Section Image
  • Dana Scrattish

    Buyer's Agent in 2014

    Dana Scrattish

    Forsyth Realty Group

    (336) 575-8876

    85 Total Sales

    Dana Scrattish
    Section Image
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Map

Source: Triad MLS

MLS Number: 702646

Triad MLS

APN: 6835-27-3657

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

1 W 5th St Unit 207, Winston-Salem, NC

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