NOT LISTED FOR SALE

1525 & 1527 W Northwest Blvd Winston Salem, NC 27104

West End Neighborhood

Estimated Value: $472,000 - $486,139

8 Beds
8 Baths
2,256 Sq Ft
$213/Sq Ft Est. Value

Last Sold March 07, 2024

Last sale price $450,000 $199 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,766/month

5 Days on Market

Highlights

  • Wood Flooring
  • Detached Carport Space
  • 2-minute walk to Runnymede Park
  • No HOA
  • Fenced

About This Home

As of March 2024

Classic duplex in the heart of Historic West Highlands, just blocks from Hanes Park and Atrium Wake Forest University Hospital and West End. Each unit has two bedrooms and two bathrooms and individual laundry, and has been recently renovated. ?Hardwood floors throughout. Off-street parking for both units, plus storage unit at rear. A great investment opportunity for someone wanting a turn-key property, or the opportunity live in one unit and rent the other. One unit is currently vacant but easily rentable. Air BnB is also an option. Less than one mile from Thruway Shopping Center and 5 minutes from the heart of downtown. Showings begin Tuesday 1/30. Please do not disturb tenant in occupied unit. Rent Roll in attachments. Owner pays water/sewer/trash; tenants have separately metered electric.

Last Agent to Sell the Property

Clare Fader

Fader Real Estate at ERA Live Moore License #255648 Listed on: 01/29/2024

Last Buyer's Agent

Lauren Hernandez

Triad's Finest Real Estate by eXp Realty License #278883

Triad's Finest Real Estate by eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,726

Year Built

  • Built in 1952

Lot Details

  • 0.25 Acre Lot
  • Fenced
  • Sloped Lot

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Driveway

Home Design

  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding

Flooring

  • Wood
  • Tile

Laundry

  • Washer and Dryer Hookup

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 6825563664
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • West Highlands Subdivision

Building Details

  • 1 Leased Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,726

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Road Surface Type: Paved
  • Subdivision Name: West Highlands
  • Directions: First Street towards downtown, left on Northwest, duplex is on the left.
  • Year Built: 1952
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Tile, Wood
  • Basement YN: No

Exterior Features

  • Fencing: Fenced
  • Lot Features: Sloped
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Paved, Detached Carport
  • Garage Description: Detached Carport

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Washer/Dryer Connection
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6825563664
  • Zoning: RSQ
  • TRIADMLS_AcresRange: 0 - 0

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Units Leased: 1

Tax Info

  • Tax Annual Amount: 2725.7
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 1.3388

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2024
Closed on
Mar 5, 2024
Sold by
Nc Legacy Residential Llc
Bought by
Hernandez Hermes Xavier and Hernandez Lauren Niell
Seller's Agent
Clare Fader
Fader Real Estate at ERA Live Moore
Buyer's Agent
Lauren Hernandez
Triad's Finest Real Estate by eXp Realty
List Price
$430,000
Sold Price
$450,000
Premium/Discount to List
$20,000
4.65%
Views
58
Current Estimated Value
$479,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,713
Avg. Annual Appreciation
3.77%
Original Mortgage
$337,500
Outstanding Balance
$331,624
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$148,089

Purchase Details

Closed on
Dec 10, 2021
Sold by
Henson Steven L and Henson Callista
Bought by
Nc Legacy Residential Llc

Purchase Details

Closed on
Jan 19, 2010
Sold by
Dunevant Peggy Abernathy and Cobb Etta D
Bought by
Henson Steven L
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
Hernandez Hermes Xavier $450,000 None Listed On Document
Hernandez Hermes Xavier $450,000 None Listed On Document
Nc Legacy Residential Llc $390,000 None Available
Henson Steven L $143,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Hermes Xavier $337,500
Closed Hernandez Hermes Xavier $337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2024 03/07/24 Sold $450,000 +4.7% $199 / Sq Ft
02/04/2024 02/04/24 Pending -- -- --
01/29/2024 01/29/24 For Sale $430,000 -- $191 / 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
2025 $2,800 $396,400 $78,000 $318,400
2024 $2,672 $199,600 $78,000 $121,600
2023 $2,672 $199,600 $78,000 $121,600
2022 $2,622 $199,600 $78,000 $121,600
2021 $2,575 $199,600 $78,000 $121,600
2020 $2,249 $162,900 $78,000 $84,900
2019 $2,266 $162,900 $78,000 $84,900
2018 $2,152 $162,900 $78,000 $84,900
2016 $2,011 $152,846 $78,000 $74,846
2015 $1,980 $152,846 $78,000 $74,846
2014 $1,920 $152,846 $78,000 $74,846
Source: Public Records

Agents Affiliated with this Home

  • Clare Fader

    Seller's Agent in 2024

    Clare Fader

    Fader Real Estate at ERA Live Moore

    (336) 575-7262

    30 in this area

    287 Total Sales

    Clare Fader
    Section Image

  • L

    Buyer's Agent in 2024

    Lauren Hernandez

    Triad's Finest Real Estate by eXp Realty

    (336) 661-5776

    2 in this area

    203 Total Sales

    Lauren Hernandez
    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 1131321

Triad MLS

APN: 6825-56-3664

North Carolina Forsyth County Winston-Salem 27104 West End

1525 & 1527 W Northwest Blvd, Winston-Salem, NC

Not Listed for Sale

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