NOT LISTED FOR SALE

Estimated Value: $197,358 - $217,000

2 Beds
1 Bath
1,200 Sq Ft
$171/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $187,000 $156 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,234/month

102 Days on Market

Highlights

  • Wood Flooring
  • Detached Garage
  • Fenced
  • No HOA
  • Central Air

About This Home

As of March 2023

Desirable West Salem location! A great investment opportunity in a rapidly changing area in downtown Winston Salem. A close walk to Carolina University and short drive, bike or scooter ride to great restaurants, bars and entertainment. Live the downtown lifestyle while still having a yard, garage and driveway! HVAC just installed (new kitchen window on the way). This home has tons of original character, but necessary updates have been completed. Great covered front porch for rocking chairs and being social. Nice deck in the back for grilling etc. Lots of extra space in the basement with nearly 800 sqft of space that was not permitted so not considered in the listed sqft. Call for your appointment today!

Last Agent to Sell the Property

Ben Miller

Triad Home Real Estate LLC License #290841 Listed on: 10/07/2022

Last Buyer's Agent

Earla Clark

Keller Williams Realty License #265422

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $977

Year Built

  • Built in 1958

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 82.4 x 60
  • Fenced
  • Property is zoned RM5

Parking

  • Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,051 Sq Ft Home
  • 900-1,200 Sq Ft Home
  • Property has 1 Level
  • Den with Fireplace
  • Wood Flooring
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • West Salem Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6825934394
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$977

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Lot Size: 82.4 x 60
  • Subdivision Name: West Salem
  • Directions: Heading South on Broad St from downtown turn right onto Wachovia St, left onto Green St then immediately right onto Apple St. At the fork in the road veer left onto Wachovia St. 1021 will be on your right
  • Above Grade Finished Sq Ft: 1051
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1958
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Wood
  • Has Basement: Partially Finished, Basement
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 1
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 1051
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: Fenced
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: In Basement
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6825934394
  • Zoning: RM5
  • TRIADMLS_PricePerAcre: 1558333.3333
  • TRIADMLS_DeedPage: 1089
  • TRIADMLS_DeedBook: 3435
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 977
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1.3209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Feb 23, 2023
Sold by
Palacio Brenda P Flores
Bought by
Baker Benjamin N
Seller's Agent
Ben Miller
Triad Home Real Estate LLC
Buyer's Agent
Earla Clark
Keller Williams Realty
List Price
$205,000
Sold Price
$187,000
Premium/Discount to List
-$18,000
-8.78%
Total Days on Market
102
Current Estimated Value
$204,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,840
Avg. Annual Appreciation
4.86%
Original Mortgage
$183,612
Outstanding Balance
$179,685
Interest Rate
6.15%
Mortgage Type
FHA
Estimated Equity
$28,475

Purchase Details

Closed on
Nov 1, 2018
Sold by
Flores Palacio Brenda P and Flores Palacio Guadalupe
Bought by
Flores Palacio Brenda P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2004
Sold by
Moore Guy Robert and Moore Janice L
Bought by
Flores Palacio Guadalupe and Flores Palacio Brenda P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,783
Interest Rate
5.6%
Mortgage Type
FHA
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
Baker Benjamin N $187,000 --
Flores Palacio Brenda P -- Carrington Title Services Ll
Flores Palacio Guadalupe $70,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Benjamin N $183,612
Previous Owner Flores Palacio Brenda P $82,000
Previous Owner Flores Palacio Guadalupe $68,783
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2023 03/01/23 Sold $187,000 -6.3% $208 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
10/24/2022 10/24/22 Price Changed $199,500 -7.2% $222 / Sq Ft
10/07/2022 10/07/22 Price Changed $215,000 +4.9% $239 / Sq Ft
10/07/2022 10/07/22 For Sale $205,000 -- $228 / 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 $1,013 $75,700 $26,000 $49,700
2022 $995 $75,700 $26,000 $49,700
2021 $977 $75,700 $26,000 $49,700
2020 $813 $58,900 $11,300 $47,600
2019 $819 $58,900 $11,300 $47,600
2018 $778 $58,900 $11,300 $47,600
2016 $584 $44,422 $7,038 $37,384
2015 $575 $44,422 $7,038 $37,384
2014 $558 $44,422 $7,038 $37,384
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1086427

Triad MLS

APN: 6825-93-4394