1 W 5th St Unit 301 Winston-Salem, NC 27101
Downtown Winston-Salem NeighborhoodEstimated payment $5,011/month
Highlights
- Wood Flooring
- 2 Car Attached Garage
- Forced Air Heating and Cooling System
- Steam Shower
- Laundry Room
- 3-minute walk to Hanes Park
About This Home
You've never seen a downtown residence like this before! Imagine...nearly 2,500 square feet, 3 bedrooms, high ceilings, expansive windows, wood floors, exposed brick...and best of all, located within an old department store building dating to 1925! Dramatic open floor plan maximizes views and sunlight in public spaces while bedroom areas feel private and cozy; Kitchen with gas cook top opens to a great room concept -- encompassing dining space, living space with fireplace and an additional sitting area; Fantastic original advertising art on the north wall of LR; Full-size laundry room; Walk-in storage room; Exquisite primary suite with bedroom, dual closets and luxury bathroom with separate tub and steam shower; Second bedroom has direct access to hall bathroom; Versatile third bedroom/office; Includes 2 assigned parking spaces within the building's enclosed parking garage; All windows replaced 2025; Charming common spaces/lobby with the original grand staircase prominently preserved!
Listing Agent
Berkshire Hathaway HomeServices Carolinas Realty License #149231 Listed on: 10/30/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,998
Year Built
- Built in 1925
HOA Fees
- $822 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 2,462 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- Living Room with Fireplace
Kitchen
- Gas Cooktop
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Steam Shower
- Separate Shower
Laundry
- Laundry Room
- Dryer Hookup
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Heating System Uses Natural Gas
- Electric Water Heater
Community Details
- Red Rock HOA Management Association, Phone Number (888) 757-3376
- One West Fifth Street Condominiums” Subdivision
Listing and Financial Details
- Legal Lot and Block 301 / 6492
- Assessor Parcel Number 6835273655
- 1% Total Tax Rate
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,816 | $503,100 | $26,700 | $476,400 |
| 2024 | $5,567 | $389,600 | $24,200 | $365,400 |
| 2023 | $5,567 | $389,600 | $24,200 | $365,400 |
| 2022 | $5,469 | $389,600 | $24,200 | $365,400 |
| 2021 | $5,377 | $389,600 | $24,200 | $365,400 |
| 2020 | $5,757 | $391,400 | $23,400 | $368,000 |
| 2019 | $5,796 | $391,400 | $23,400 | $368,000 |
| 2018 | $5,522 | $391,400 | $23,400 | $368,000 |
| 2016 | $5,467 | $388,770 | $21,821 | $366,949 |
| 2015 | $5,389 | $388,770 | $21,821 | $366,949 |
| 2014 | $5,236 | $388,770 | $21,821 | $366,949 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/30/2025 10/30/25 | For Sale | $699,900 | +75.2% | $284 / Sq Ft | |
| 02/03/2014 02/03/14 | Sold | $399,500 | -13.1% | $162 / Sq Ft | View Prior Sale |
| 11/22/2013 11/22/13 | Pending | -- | -- | -- | |
| 02/14/2013 02/14/13 | For Sale | $459,500 | -- | $186 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $399,500 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Condominium Deed | $392,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $299,625 | Commercial | |
| Previous Owner | $322,500 | Commercial | |
| Closed | $30,000 | No Value Available |
Source: Triad MLS
MLS Number: 1200178
APN: 6835-27-3655
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