$2,010,000
SOLD AUG 1, 2024

1111,1109,1047 W Academy St Winston Salem, NC 27101

Wachovia Highlands Neighborhood
-- Bed
-- Bath
-- Sq Ft
1.15 Acres

Recently Sold

104% Above List Price

72 Days on Market

Highlights

  • 1.15 Acre Lot
  • Forced Air Heating System
  • Vinyl Flooring
  • No HOA

About This Home

As of August 2024

Value add Opportunity. 3 buildings with 26 units in total. Centrally located minutes from downtown. 19 out of 26 units have been renovated and proven to bring market rents. These Units Are occupied DO NOT DISTURB THE TENANTS, All Showings are by appointment only. The firm owners and the Real estate agent are owners.

Last Agent to Sell the Property

Christian Courtney

GAC Management Group License #295958 Listed on: 04/01/2024

Last Buyer's Agent

NONMEMBER NONMEMBER

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,740

Year Built

  • Built in 1965

Parking

  • Paved Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater

Additional Features

  • Vinyl Flooring
  • 1.15 Acre Lot
  • Basement

Community Details

  • No Home Owners Association
  • 14 Units
  • 8,610 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 6825921102,6825922116682592322
  • 1% Total Tax Rate

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,740

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.15
  • Directions: From 421 S Taketake exit 234 A Peters Creek Parkway Left on to Peter Creek then Left on to Academy.
  • Year Built: 1965
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Vinyl
  • TRIADMLS_ApproxSqFtRange: 7700 - 9100
  • Basement YN: Yes

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Paved

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Forced Air, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6825921102,6825922116682592322
  • Zoning: RM-18
  • TRIADMLS_PricePerAcre: 1747826.087
  • TRIADMLS_DeedPage: 3472
  • TRIADMLS_DeedBook: 3729,
  • TRIADMLS_AcresRange: 1 - 1

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Multi Family

  • Number Of Units In Community: 14
  • Number Of Units Total: 26
  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 9740
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 1.34

Range of Values:

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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
08/01/2024 08/01/24 Sold $2,010,000 -3.1% --
06/13/2024 06/13/24 Pending -- -- --
05/14/2024 05/14/24 Price Changed $2,075,000 -3.5% --
04/27/2024 04/27/24 Price Changed $2,150,000 +118.3% --
04/27/2024 04/27/24 For Sale $985,000 -51.0% --
04/23/2024 04/23/24 Off Market $2,010,000 -- --
04/05/2024 04/05/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $985,000 -- --
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Christian Courtney

    GAC Management Group

    (336) 671-2437

    1 in this area

    6 Total Sales

    Christian Courtney
    Section Image

  • N

    Buyer's Agent in 2024

    NONMEMBER NONMEMBER

See All Agents

Map

Source: Triad MLS

MLS Number: 1137486

Triad MLS

North Carolina Forsyth County Winston-Salem 27101 Wachovia Highlands

1111,1109,1047 W Academy St, Winston-Salem, NC

This home is located at 1111,1109,1047 W Academy St, Winston Salem, NC 27101 and is currently priced at $2,010,000. This property was built in 1965. 1111,1109,1047 W Academy St is a home located in Forsyth County with nearby schools including Diggs-Latham Elementary School, Flat Rock Middle, and Parkland High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Triad MLS Copyright 2025 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.

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