NOT LISTED FOR SALE

1188 W 4th St Winston Salem, NC 27101

West End Neighborhood

Estimated Value: $573,000 - $670,341

8 Beds
8 Baths
4,158 Sq Ft
$148/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $550,000 $132 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,629/month

71 Days on Market

Highlights

  • Wood Flooring
  • 3 Car Detached Garage
  • Hot Water Heating System
  • No HOA
  • Outdoor Storage
  • Wood Siding

About This Home

As of August 2022

The Fulton-Hinkle house (ca. 1918), located in the historic West End neighborhood, was thoughtfully converted into four apartments in the 1930's. Available for the first time since the conversion, the property has been meticulously maintained. Original features abound & include a massive wraparound front porch, charming vestibule, grand entry hall with two staircases, high ceilings, heart pine floors, & original fireplaces(8). Each apartment is large at just over 1100 square feet (See details attached). In addition to the gracious entry halls, common areas include beautiful front / side porches and two private enclosed porches on the rear of the property. There is abundant storage in 3 separate garage spaces. Original servant's cottage is a charming nod to the colorful history of this property! All 4 apartments are currently tenant occupied, so showings are by video tour only. Investigation of building during Due Diligence period. See supplemental info & agent only remarks

Last Agent to Sell the Property

Chris Wilson

Leonard Ryden Burr Real Estate License #124654 Listed on: 06/09/2022

Last Buyer's Agent

Jordan Laham

Keller Williams Realty Elite License #302905

Keller Williams Realty Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,638

Year Built

  • Built in 1918

Lot Details

  • 0.37

Parking

  • 3 Car Detached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Quadruplex
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Utilities

  • Window Unit Cooling System
  • Radiator
  • Hot Water Heating System
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Outdoor Storage
  • 0.37 Acre Lot
  • City Lot

Listing and Financial Details

  • Legal Lot and Block 283 / 0657
  • Assessor Parcel Number 6825850111
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • West End Subdivision

Building Details

  • 4 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,638

Year Built

Built in 1918

Lot Details

0.37 Acres

Parking

3

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.37
  • Subdivision Name: West End
  • Directions: From Five Points Take First Street East Towards Downtown Winston Salem, Right on Fourth Street. House on Left.
  • Architectural Style: Two Story
  • Year Built: 1918
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Historic
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Vinyl, Wood
  • Basement YN: No
  • TRIADMLS_Storage: Outside Storage

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Vinyl Siding, Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Driveway, On Street, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Washer/Dryer Connection
  • Cooling: Window Unit(s)
  • Heating: Boiler, Hot Water, Radiator, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6825850111
  • Zoning: RSQ HO
  • TRIADMLS_AcresRange: 0 - 0

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Number Of Units Furnished: None
  • Number Of Units Leased: 4

Tax Info

  • Tax Annual Amount: 4638
  • Tax Block: 0657
  • Tax Lot: 283
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 1.2902

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Aug 22, 2022
Sold by
Carmichael Makayla E
Bought by
1188 St Inv Llc
Seller's Agent
Chris Wilson
Leonard Ryden Burr Real Estate
Buyer's Agent
Jordan Laham
Keller Williams Realty Elite
List Price
$589,000
Sold Price
$550,000
Premium/Discount to List
-$39,000
-6.62%
Views
10
Current Estimated Value
$616,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,780
Avg. Annual Appreciation
3.27%
Original Mortgage
$350,000
Outstanding Balance
$334,697
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$282,083

Purchase Details

Closed on
May 13, 2022
Sold by
Hinkle David R
Bought by
Carmichael Makayla E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
1188 St Inv Llc $550,000 Bailey David W
Carmichael Makayla E -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1188 St Inv Llc $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2022 08/29/22 Sold $550,000 -6.6% $132 / Sq Ft
08/20/2022 08/20/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $589,000 -- $142 / Sq Ft
Source: Triad MLS

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 $5,043 $530,600 $77,000 $453,600
2024 $4,813 $359,500 $71,500 $288,000
2023 $4,813 $359,500 $71,500 $288,000
2022 $4,723 $359,500 $71,500 $288,000
2021 $4,638 $359,500 $71,500 $288,000
2020 $4,126 $298,800 $48,000 $250,800
2019 $4,156 $298,800 $48,000 $250,800
2018 $3,947 $298,800 $48,000 $250,800
2016 $3,430 $260,596 $39,600 $220,996
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Chris Wilson

    Leonard Ryden Burr Real Estate

    (336) 287-3330

    9 in this area

    31 Total Sales

    Chris Wilson
    Section Image
  • Jordan Laham

    Buyer's Agent in 2022

    Jordan Laham

    Keller Williams Realty Elite

    (910) 264-5456

    4 in this area

    34 Total Sales

    Jordan Laham
    Section Image
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Map

Source: Triad MLS

MLS Number: 1071557

Triad MLS

APN: 6825-85-0111

North Carolina Forsyth County Winston-Salem 27101 West End

1188 W 4th St, Winston-Salem, NC

Not Listed for Sale

MultiFamily

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