NOT LISTED FOR SALE

1506 E 3rd St Winston Salem, NC 27101

East Winston Neighborhood

Estimated Value: $101,000 - $199,060

3 Beds
1 Bath
1,500 Sq Ft
$109/Sq Ft Est. Value

Last Sold April 15, 2024

Last sale price $75,000 $50 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $934/month

15 Days on Market

Highlights

  • Farmhouse Style Home
  • Porch
  • Fenced
  • No HOA
  • Forced Air Heating System

About This Home

As of April 2024

This property has huge potential as a flip or as a "buy and hold". Convenient location near Salem Parkway, WSSU and downtown. Main level offers high ceilings, hardwood floors, well proportioned rooms. Basement appears to have had an unpermitted apartment in the past and is not included in the advertised square footage. Property needs a lot of work and is being sold in "AS-IS" condition. Shared driveway.

Last Agent to Sell the Property

Joe Luck

One Source NC Realty License #185063 Listed on: 03/19/2024

Last Buyer's Agent

Joe Luck

One Source NC Realty License #185063 Listed on: 03/19/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $509

Year Built

  • Built in 1918

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 72 x 154
  • Fenced

Parking

  • Driveway

Home Design

  • Farmhouse Style Home

Interior Spaces

  • 1,365 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 107 / 0533
  • Assessor Parcel Number 6835766978000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$509

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Lot Size: 72 x 154
  • Subdivision Name: None
  • Directions: Martin Luther King Jr. Blvd to E Third St. Home on right just past Dunleith intersection.
  • Above Grade Finished Sq Ft: 1365
  • Architectural Style: Farm House
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1918
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1365
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: See Remarks
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Cooling: Remarks
  • Heating: Forced Air, See Remarks
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Remarks
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 6835766978000
  • Zoning: Residential
  • TRIADMLS_PricePerAcre: 288461.5385
  • TRIADMLS_DeedPage: 3769
  • TRIADMLS_DeedBook: 3771
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 509
  • Tax Block: 0533
  • Tax Lot: 107
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 1.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2025
Sold by
Alpine Ws Llc
Bought by
1506 E 3Rd St Winston-Salem Nc Llc
Current Estimated Value
$163,620

Purchase Details

Listed on
Mar 19, 2024
Closed on
Apr 11, 2024
Sold by
One Source Renovations Llc
Bought by
Alpine Ws Llc
Seller's Agent
Joe Luck
One Source NC Realty
Buyer's Agent
Joe Luck
One Source NC Realty
List Price
$89,900
Sold Price
$75,000
Premium/Discount to List
-$14,900
-16.57%
Views
155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.08%

Purchase Details

Closed on
Oct 24, 2022
Sold by
Brannon Joseph
Bought by
Rudd Michael

Purchase Details

Closed on
Nov 12, 2002
Sold by
Harris James A and Harris Vermel M
Bought by
Brannon Joseph

Purchase Details

Closed on
Sep 20, 2001
Sold by
Harris Patricia F
Bought by
Harris James A
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
1506 E 3Rd St Winston-Salem Nc Llc $194,000 None Listed On Document
Alpine Ws Llc $75,000 None Listed On Document
Rudd Michael -- None Listed On Document
Brannon Joseph $28,000 --
Harris James A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brannon Joseph $59,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2024 04/15/24 Sold $75,000 -16.6% $63 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $89,900 0.0% $75 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $89,900 -- $75 / 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 $517 $38,600 $13,100 $25,500
2022 $507 $38,600 $13,100 $25,500
2021 $498 $38,600 $13,100 $25,500
2020 $312 $22,600 $6,900 $15,700
2019 $314 $22,600 $6,900 $15,700
2018 $299 $22,600 $6,900 $15,700
2016 $353 $26,761 $6,875 $19,886
2015 $347 $26,761 $6,875 $19,886
2014 $337 $26,761 $6,875 $19,886
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Joe Luck

    One Source NC Realty

    (336) 930-3202

    3 in this area

    119 Total Sales

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Map

Source: Triad MLS

MLS Number: 1136478

Triad MLS

APN: 6835-76-6978

North Carolina Forsyth County Winston-Salem 27101 East Winston

1506 E 3rd St, Winston-Salem, NC

This home is located at 1506 E 3rd St, Winston Salem, NC 27101 since 19 March 2024 and is currently estimated at $164,015, approximately $109 per square foot. This property was built in 1918. 1506 E 3rd St is a home located in Forsyth County with nearby schools including Petree Elementary, East Forsyth Middle, and Carver High.

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