NOT LISTED FOR SALE

1525 W Northwest Blvd Winston Salem, NC 27104

West End Neighborhood

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

8 Beds
8 Baths
-- Sq Ft
0.25 Acres

Last Sold December 10, 2021

Last sale price $390,000

Est. 23% increase in value since last sale

Current estimated payment $2,759/month

4 Days on Market

Highlights

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

About This Home

As of December 2021

Two units, each 2BR/2BA with a laundry room in both. Full living room, dining room, and a storage building in the rear. Great opportunity to own trophy multifamily asset in growing West End/West Highlands area with ample opportunity to generate rental income or potential Airbnb rental. Short distance to WFUBMC, Thruway shopping center, Hanes Park, and Wiley/Reynolds Schools.

Last Agent to Sell the Property

Nick Gonzalez, CCIM

Linville Team Partners License #268640 Listed on: 10/14/2021

Last Buyer's Agent

Nick Gonzalez, CCIM

Linville Team Partners License #268640 Listed on: 10/14/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,575

Year Built

  • Built in 1952

Lot Details

  • 0.25 Acre Lot

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Driveway

Home Design

  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Insulated Windows
  • Storm Doors
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • 2,258 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 6825563664
  • 1% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,575

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
  • Directions: N Hawthorne Rd / W Northwest Blvd (Property has two driveways and parking area in the rear)
  • Year Built: 1952
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Tile, Wood
  • Door Features: Storm Door(s)
  • TRIADMLS_ApproxSqFtRange: 2000 - 2400
  • Basement YN: No

Exterior Features

  • Exterior Features: Remarks
  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, See Remarks, 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
  • Energy Features: Insulated Windows, Storm Doors

Condo/Co-op/Association

  • Association: No

Lot Info

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

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 2575
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1.2902

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2024
Sold by
Nc Legacy Residential Llc
Bought by
Hernandez Hermes Xavier and Hernandez Lauren Niell
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.
Original Mortgage
$337,500
Outstanding Balance
$331,624
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$147,847

Purchase Details

Listed on
Oct 14, 2021
Closed on
Dec 10, 2021
Sold by
Henson Steven L and Henson Callista
Bought by
Nc Legacy Residential Llc
Seller's Agent
Nick Gonzalez, CCIM
Linville Team Partners
Buyer's Agent
Nick Gonzalez, CCIM
Linville Team Partners
List Price
$365,000
Sold Price
$390,000
Premium/Discount to List
$25,000
6.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.34%

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
Not Available
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
12/10/2021 12/10/21 Sold $390,000 +6.8% --
10/19/2021 10/19/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $365,000 0.0% --
05/22/2020 05/22/20 Rented $995 0.0% --
10/09/2017 10/09/17 Rented $995 -9.1% --
09/09/2017 09/09/17 Under Contract -- -- --
08/21/2017 08/21/17 For Rent $1,095 -- --
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

  • Nick Gonzalez, CCIM

    Seller's Agent in 2021

    Nick Gonzalez, CCIM

    Linville Team Partners

    (336) 448-2829

    1 in this area

    15 Total Sales

    Nick Gonzalez, CCIM
    Section Image

  • S

    Seller's Agent in 2020

    Steven Henson

    Steven Henson, Broker

    (704) 502-1516

    Steven Henson
    Section Image

  • J

    Seller's Agent in 2017

    John Robertson

    Quarters Real Estate Services

    (336) 416-6041

    30 Total Sales

    John Robertson
    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 1046036

Triad MLS

APN: 6825-56-3664

North Carolina Forsyth County Winston-Salem 27104 West End

1525 W Northwest Blvd, Winston-Salem, NC

Not Listed for Sale

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