1101 Franklin St Winston Salem, NC 27101
Wachovia Highlands NeighborhoodEstimated payment $1,312/month
Highlights
- Popular Property
- 5 Fireplaces
- Balcony
- Main Floor Primary Bedroom
- No HOA
- Forced Air Heating and Cooling System
About This Home
Attention investors! Discover a rare opportunity in the heart of historic West Salem, one of Forsyth County’s most up-and-coming neighborhoods minutes from Downtown! This 1910 two-story home boasts 8 spacious bedrooms, 2 full baths, and 5 fireplaces, offering the charm and scale ideal for your next high-return project. Zoned RSQ, the property allows for versatile exit strategies—whether pursuing a luxury flip, long-term rental, or multi-family conversion. With double balconies (potential seperate exterior entrance) and historic character throughout, this existing structure holds tremendous potential to transform into a standout investment in an increasingly sought-after area. See agent only remarks.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,433
Year Built
- Built in 1910
Lot Details
- 6,098 Sq Ft Lot
- Property is zoned RSQ
Parking
- Driveway
Home Design
- Vinyl Siding
Interior Spaces
- 2,916 Sq Ft Home
- Property has 2 Levels
- 5 Fireplaces
Bedrooms and Bathrooms
- 8 Bedrooms
- Primary Bedroom on Main
Outdoor Features
- Balcony
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 6825922971
- 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 | $2,103 | $311,500 | $32,000 | $279,500 |
| 2024 | $2,007 | $149,900 | $26,000 | $123,900 |
| 2023 | $2,007 | $149,900 | $26,000 | $123,900 |
| 2022 | $1,969 | $149,900 | $26,000 | $123,900 |
| 2021 | $1,934 | $149,900 | $26,000 | $123,900 |
| 2020 | $1,770 | $128,200 | $11,300 | $116,900 |
| 2019 | $1,783 | $128,200 | $11,300 | $116,900 |
| 2018 | $1,693 | $128,200 | $11,300 | $116,900 |
| 2016 | $874 | $66,362 | $8,400 | $57,962 |
| 2015 | $861 | $66,362 | $8,400 | $57,962 |
| 2014 | $835 | $66,362 | $8,400 | $57,962 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/24/2025 11/24/25 | Price Changed | $194,900 | -7.1% | $67 / Sq Ft |
| 11/14/2025 11/14/25 | For Sale | $209,900 | -- | $72 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $138,000 | None Available | |
| Deed | $500 | None Available | |
| Special Warranty Deed | $115,000 | -- | |
| Warranty Deed | $80,000 | -- | |
| Warranty Deed | $53,000 | -- | |
| Trustee Deed | $52,008 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $124,200 | Purchase Money Mortgage | |
| Previous Owner | $141,025 | Seller Take Back | |
| Previous Owner | $73,000 | Purchase Money Mortgage | |
| Closed | $42,000 | No Value Available |
Source: Triad MLS
MLS Number: 1200897
APN: 6825-92-2971
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