$350,000

2515 N Patterson Ave Winston Salem, NC 27105

North Winston Neighborhood

Estimated payment $2,025/month

Total Views 36,607
5 Beds
3 Baths
2,572 Sq Ft
$136 Price per Sq Ft

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • 4-minute walk to Bon-Air Park
  • Hanes Middle Rated A-

About This Home

Investor Alert! Fully Remodeled 5-Bedroom with High Rental Income Potential

Welcome to this beautifully renovated home offering a prime opportunity for investors or buyers looking to capitalize on high rental income potential. With 5 spacious bedrooms, a generously sized kitchen, and a versatile bonus area that can serve as a 6th bedroom or flex space, this property is perfect for maximizing returns. Previously a rental, this home has a proven track record of strong income. It's move-in ready but still undergoing final touches - offering you a chance to personalize it further.
Permits have been pulled and have passed inspection!
Remodeled from top to bottom. this home features modern updates throughout. The open layout and expansive living areas create a comfortable space for tenants or large households. Don't miss this opportunity!

Listing Agent

Ashley Hancock

Mark Spain Real Estate License #351384 Listed on: 05/22/2025

Mark Spain Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $982

Year Built

  • Built in 1925

Lot Details

  • 9,148 Sq Ft Lot
  • Property is zoned RS7

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,572 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace
  • Convection Oven
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Utilities

  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6836353812
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$982

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Subdivision Name: None
  • Directions: Turn left onto Patterson Ave. The house is on the left
  • Above Grade Finished Sq Ft: 2572
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1925
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Convection Oven, Electric Water Heater
  • Has Basement: Unfinished, Basement
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2572
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6836353812
  • Zoning: RS7
  • TRIADMLS_PricePerAcre: 1666666.6667
  • TRIADMLS_DeedPage: 2923
  • TRIADMLS_DeedBook: 3840

Tax Info

  • Tax Annual Amount: 981.96
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 1.4028

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $937 $70,000 $9,500 $60,500
2022 $920 $70,000 $9,500 $60,500
2021 $903 $70,000 $9,500 $60,500
2020 $606 $43,900 $6,000 $37,900
2019 $611 $43,900 $6,000 $37,900
2018 $580 $43,900 $6,000 $37,900
2016 $472 $35,864 $6,000 $29,864
2015 $465 $35,864 $6,000 $29,864
2014 $451 $35,864 $6,000 $29,864
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 For Sale $350,000 +153.6% $136 / Sq Ft
12/13/2024 12/13/24 Sold $138,000 -13.8% $68 / Sq Ft
11/25/2024 11/25/24 Pending -- -- --
10/29/2024 10/29/24 Price Changed $160,000 -3.0% $78 / Sq Ft
05/03/2024 05/03/24 For Sale $165,000 -- $81 / Sq Ft
Source: Triad MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $138,000 None Listed On Document
Warranty Deed $138,000 None Listed On Document
Special Warranty Deed $90,500 --
Warranty Deed $86,500 --
Warranty Deed $70,000 --
Special Warranty Deed $46,000 None Available
Trustee Deed $88,605 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $262,000 Construction
Closed $262,000 Construction
Previous Owner $75,000 Future Advance Clause Open End Mortgage
Previous Owner $79,875 Unknown
Previous Owner $71,057 Unknown
Source: Public Records

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See All Homes in Winston Salem

Source: Triad MLS

MLS Number: 1181282

Triad MLS

APN: 6836-35-3812

North Carolina Forsyth County Winston-Salem 27105 North Winston

2515 N Patterson Ave, Winston-Salem, NC

This home is located at 2515 N Patterson Ave, Winston Salem, NC 27105 and is currently priced at $350,000, approximately $136 per square foot. This property was built in 1925. 2515 N Patterson Ave is a home located in Forsyth County with nearby schools including North Hills Elementary School, Hanes Middle, and Reynolds High School.

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Nearby Homes
Listing Agent
Ashley Hancock
Section Image
Mark Spain Real Estate
(336) 355-0944