NOT LISTED FOR SALE

305 Cascade Ave Winston Salem, NC 27127

Washington Park Neighborhood

Estimated Value: $469,000 - $594,000

3 Beds
2 Baths
2,300 Sq Ft
$226/Sq Ft Est. Value

Last Sold July 12, 2022

Last sale price $510,000 $222 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,119/month

30 Days on Market

Highlights

  • No HOA
  • Wood Siding
  • 4-minute walk to Washington Park
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

A rare listing in one of the most premier locations that Historic Washington Park has to offer. Built in 1920 the Gip-Kimball house is a perfect example of classic bungalow architecture. The cedar shake four square design has been tastefully added onto over the years to allow for an appealing modern flow with ideal living and entertaining space throughout. The tall ceilings give it a grand and open feel and the large windows in each room highlight the outdoor views of this prime location. Just four houses up from the largest park within W-S city limits, this is the perfect house for anyone who appreciates large trees, wide sidewalks, and some of the most beautiful historic homes in all of Winston Salem. Houses in this stretch of the neighborhood do not come available very often. Book your appointment today!

Last Agent to Sell the Property

Charlie Watkins

Leonard Ryden Burr Real Estate License #279636 Listed on: 05/27/2022

Last Buyer's Agent

Thomas McAbee

Fader Real Estate at ERA Live Moore License #326196

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,867

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot
  • Property is zoned RS9

Home Design

  • Wood Siding

Interior Spaces

  • 2,104 Sq Ft Home
  • 1,800-2,300 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

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 6834270996
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,867

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Subdivision Name: Washington Park
  • Directions: Broad Street south to right on Cascade. Home on right in second block
  • Above Grade Finished Sq Ft: 2104
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1920
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1800 - 2300
  • TRIADMLS_BuiltInformation: Historic
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Unfinished, Cellar
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2104
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Pool Features: None
  • Construction Type: Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • 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 #: 6834270996
  • Zoning: RS9
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 3866.73
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.3209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2007
Sold by
Priedeman Karl N and Priedeman Deborah A
Bought by
Borwick John H and Pressley Lauren M
Current Estimated Value
$520,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,700
Outstanding Balance
$27,017
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$493,688
Source: Public Records

Range of Values:

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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
Borwick John H $231,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borwick John H $184,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2022 07/12/22 Sold $510,000 +6.5% $283 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $479,000 +91.6% $266 / Sq Ft
02/12/2013 02/12/13 Sold $250,000 0.0% $119 / Sq Ft View Prior Sale
01/17/2013 01/17/13 Pending -- -- --
12/12/2012 12/12/12 For Sale $250,000 -- $119 / 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 $4,730 $622,600 $82,500 $540,100
2024 $4,514 $337,200 $72,000 $265,200
2023 $4,514 $337,200 $72,000 $265,200
2022 $3,937 $299,700 $72,000 $227,700
2021 $3,867 $299,700 $72,000 $227,700
2020 $3,387 $245,300 $62,300 $183,000
2019 $3,412 $245,300 $62,300 $183,000
2018 $3,240 $245,300 $62,300 $183,000
2016 $2,922 $221,959 $51,350 $170,609
2015 $2,877 $221,959 $51,350 $170,609
2014 $2,790 $221,959 $51,350 $170,609
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Charlie Watkins

    Leonard Ryden Burr Real Estate

    (336) 909-3230

    28 in this area

    167 Total Sales

    Charlie Watkins
    Section Image

  • T

    Buyer's Agent in 2022

    Thomas McAbee

    Fader Real Estate at ERA Live Moore

    (336) 331-5550

    10 in this area

    153 Total Sales

    Thomas McAbee
    Section Image
  • Michael Ryden

    Seller's Agent in 2013

    Michael Ryden

    Leonard Ryden Burr Real Estate

    (336) 577-8488

    4 in this area

    26 Total Sales

    Michael Ryden
    Section Image
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Map

Source: Triad MLS

MLS Number: 1071311

Triad MLS

APN: 6834-27-0996

North Carolina Forsyth County Winston-Salem 27127 Washington Park

305 Cascade Ave, Winston-Salem, NC

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