NOT LISTED FOR SALE

1047 W Academy St Winston Salem, NC 27101

Wachovia Highlands Neighborhood
12 Beds
12 Baths
5,467 Sq Ft
0.37 Acres

Last Sold May 17, 2012

Last sale price $295,000 $54 Per Sq Ft

115 Days on Market

About This Home

As of May 2012

12 unit building mixed 1 bedroom and studio units will (and have) rent for average $450 per unit. Property was renovated several years ago. Needs new membrane roof and related repairs. Building is vacant. 12/2011 Appraisal confirms rent absorption 6 months.

Last Agent to Sell the Property

Hanes Walker

Premier Sotheby's International Realty License #211535 Listed on: 12/12/2011

Premier Sotheby's International Realty

Last Buyer's Agent

Hanes Walker

Premier Sotheby's International Realty License #211535 Listed on: 12/12/2011

Premier Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.37

Interior Spaces

  • 12 Bathrooms
  • Fireplace

Listing and Financial Details

  • Tenant pays for electricity, cable
  • Rent includes water, interior common lights
  • Assessor Parcel Number 6825-92-3220

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Apartments
  • Ratio Close Price By List Price: 0.78667
  • Ratio Close Price By Original Li: 0.73750
  • Ratio Current Price By Acre: 797297.30
  • Ratio Current Price By Sq Ft: 53.96
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Total Bathrooms: 12.00
  • Total Bedrooms: 12
  • Fireplace: Yes
  • Total Sq Ft: 5467

Exterior Features

  • Construction: Brick Full

Garage/Parking

  • Parking: Lot

Utilities

  • Heating: Wall Unit - AC, Wall Unit Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 110 x 150
  • Lot Size Area: 0.370
  • Lot Size Units: Acres
  • Parcel Number: 6825-92-3220
  • Zoning Specification: RSQ

Rental Info

  • Rent Includes: Water, Interior Common Lights
  • Tenant Pays: Electricity, Cable

Tax Info

  • Tax Value: 326400.00
  • Tax Location: Winston Salem

Multi Family

  • Number Of Units Total: 12

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

Property History

Date Event Price Change Sq Ft Price
05/17/2012 05/17/12 Sold $295,000 -26.3% $54 / Sq Ft
04/05/2012 04/05/12 Pending -- -- --
12/12/2011 12/12/11 For Sale $400,000 -- $73 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Hanes Walker

    Seller's Agent in 2012

    Hanes Walker

    Premier Sotheby's International Realty

    (704) 366-2830

    16 Total Sales

    Hanes Walker
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR2055720

Canopy MLS (Canopy Realtor® Association)

North Carolina Forsyth County Winston-Salem 27101 Wachovia Highlands

1047 W Academy St, Winston-Salem, NC

This home is located at 1047 W Academy St, Winston Salem, NC 27101 since 12 December 2011. This property was built in 1960. 1047 W Academy St is a home located in Forsyth County with nearby schools including Diggs-Latham Elementary School, Flat Rock Middle, and Parkland High.

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