NOT LISTED FOR SALE

225 W Banner Ave Winston Salem, NC 27127

Washington Park Neighborhood

Estimated Value: $464,000 - $537,000

2 Beds
1 Bath
1,800 Sq Ft
$278/Sq Ft Est. Value

Last Sold November 25, 2015

Last sale price $262,000 $146 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,975/month

21 Days on Market

Highlights

  • Living Room with Fireplace
  • Solid Surface Countertops
  • Cottage
  • Wood Flooring
  • No HOA
  • Outdoor Storage

About This Home

As of November 2015

c. 1922 Beautifully restored Craftsman bungalow in Historic Washington Park. 10ft ceilings, authentic period lighting, and wood floors throughout. Wonderfully preserved original details, including two fireplaces, windows, millwork, butler’s pantry and built-in linen wardrobe - the woodwork never painted. Kitchen features custom cabinetry, quartz counters, under cabinet lighting, dual fuel Kitchenaid range and substantial pantry. Nicely landscaped exterior with private large stone patio.

Last Agent to Sell the Property

Eva Johns

Premier Sotheby's International Realty License #211960 Listed on: 09/24/2015

Premier Sotheby's International Realty

Co-Listed By

Curtis Leonard

Leonard Ryden Burr Real Estate License #81162

Last Buyer's Agent

Eva Johns

Premier Sotheby's International Realty License #211960 Listed on: 09/24/2015

Premier Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,328

Year Built

  • Built in 1925

Lot Details

  • 0.26 Acre Lot
  • Fenced
  • Level Lot
  • Property is zoned RS9

Home Design

  • Cottage
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,658 Sq Ft Home
  • 1,400-1,800 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Washington Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6834273622
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,328

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Co List Office Mls Id: WLRB01
  • Co List Office Phone: 336-779-9200
  • Subdivision Name: Washington Park
  • Directions: From downtown W-S, south on Broad St. Right on Banner. Home is on the right
  • Above Grade Finished Sq Ft: 1658
  • Architectural Style: Cottage
  • Unit Levels: One
  • Year Built: 1925
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1400 - 1800
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Disposal, Exhaust Fan, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Solid Surface Counter
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, See Remarks
  • Fireplaces: 2
  • Living Area: 1658
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: No

Exterior Features

  • Exterior Features: Garden
  • Fencing: Fenced
  • Lot Features: City Lot, Level
  • Exclusions: Alarm System, Cabinet Above Toilet, Landscaping Lights In Backyard, Antenna On Storage Building, All Fountains (2) In Backyard
  • Construction Type: Brick, Wood Siding
  • Other Structures: Storage
  • Flood Zone: Not in Flood Zone

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6834273622
  • Zoning: RS9
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2327.62
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 1.296

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2015
Closed on
Nov 23, 2015
Sold by
Mcknight Gregory Richard
Bought by
Paulson Allan Thomas and Paulson Caroline Haynes
Seller's Agent
Eva Johns
Premier Sotheby's International Realty
Buyer's Agent
Eva Johns
Premier Sotheby's International Realty
List Price
$289,900
Sold Price
$262,000
Premium/Discount to List
-$27,900
-9.62%
Current Estimated Value
$501,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,192
Avg. Annual Appreciation
6.75%

Purchase Details

Closed on
Jun 30, 2006
Sold by
Mitchell Hackel Kimberly
Bought by
Mcknight Gregory Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2003
Sold by
Craver Lois H
Bought by
Mitchell Hackel Kimberly
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
Paulson Allan Thomas $262,000 Attorney
Mcknight Gregory Richard $200,000 None Available
Mitchell Hackel Kimberly $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcknight Gregory Richard $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2015 11/25/15 Sold $262,000 -9.6% $187 / Sq Ft
10/16/2015 10/16/15 Pending -- -- --
09/24/2015 09/24/15 For Sale $289,900 -- $207 / 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 $4,229 $504,200 $103,100 $401,100
2024 $4,036 $301,500 $90,000 $211,500
2023 $4,036 $301,500 $90,000 $211,500
2022 $3,961 $301,500 $90,000 $211,500
2021 $3,890 $301,500 $90,000 $211,500
2020 $3,237 $234,400 $77,800 $156,600
2019 $3,260 $234,400 $77,800 $156,600
2018 $3,096 $234,400 $77,800 $156,600
2016 $2,364 $179,648 $64,188 $115,460
2015 $2,328 $179,648 $64,188 $115,460
2014 $2,257 $179,648 $64,188 $115,460
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2015

    Eva Johns

    Premier Sotheby's International Realty

    (336) 408-0507

    1 in this area

    75 Total Sales

    Eva Johns
    Section Image

  • C

    Seller Co-Listing Agent in 2015

    Curtis Leonard

    Leonard Ryden Burr Real Estate

    (336) 650-2510

    20 Total Sales

    Curtis Leonard
    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 773032

Triad MLS

APN: 6834-27-3622

North Carolina Forsyth County Winston-Salem 27127 Washington Park

225 W Banner Ave, Winston-Salem, NC

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