NOT LISTED FOR SALE

315 N Spruce St Unit 105 Winston Salem, NC 27101

Downtown Winston-Salem Neighborhood

Estimated Value: $265,000 - $313,832

2 Beds
1.5 Baths
1,100 Sq Ft
$274/mo HOA Fee

Last Sold May 23, 2023

Last sale price $270,000 $245 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,894/month

2 Days on Market

Highlights

  • Outdoor Storage
  • Ceiling Fan
  • 1-minute walk to Winston Square Park
  • Central Air
  • Vinyl Flooring

About This Home

As of May 2023

The "Spruce Goose", recently featured in the Go to Winston, is an updated 2 bed 1.5 bath condo located on the first floor of a historic building in downtown Winston Salem. Walking distance to various restaurants, shopping, entertainment, bars, & cafes. Recent upgrades: HVAC replaced (2021), luxury vinyl plank floors, updated bathrooms, light fixtures, paint, tile, & a built-in electric fireplace entertainment center. Condo comes with an assigned parking spot & the option to lease an additional storage unit in the building. The "Spruce Goose" is an active short-term rental (AirBnB) that can be purchased fully furnished as a turnkey cash-flowing investment property w/ future guest reservations in place for instant revenue or purchase this property to make it your new home. Most recent rent was for $2500/month as a mid-term rental w/ the lease ending 4/13/2023 & averaging $2600-$3000/month for short-term rental stays. Owners are licensed NC brokers.

Last Agent to Sell the Property

Tehane Gallimore

Wayfinder Homes LLC License #317367 Listed on: 04/22/2023

Last Buyer's Agent

Garrett Small

Keller Williams Realty Elite License #319333

Keller Williams Realty Elite

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,656

Year Built

  • Built in 1924

Lot Details

  • 0.34

HOA Fees

  • $274 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 982 Sq Ft Home
  • 800-1,100 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Vinyl Flooring
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Outdoor Storage
  • Sprinkler System

Community Details

  • Ymca Condominium Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6835162714
  • 1% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,656

Year Built

Built in 1924

Lot Details

0

HOA Fees

$274 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Subdivision Name: Ymca Condominium
  • Directions: From US 421 At Exit 233B, head right on the ramp for High St toward Cherry St / Marshall St. Turn left onto S Cherry St. Turn left onto W 1st St. Turn right onto N Spruce St.
  • Above Grade Finished Sq Ft: 982
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 1924
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 800 - 1100
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Range, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Vinyl
  • Interior Amenities: Built-in Features, Ceiling Fan(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 982
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Exterior Features: Sprinkler System
  • Pool Features: None
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Assigned, Deck, On Street

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security Lights, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 273.97
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 6835162714
  • Zoning: CB WO
  • TRIADMLS_DeedPage: 2293
  • TRIADMLS_DeedBook: 3654
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1656
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2021
Sold by
Bailey Brady Lee and Bailey Amy Talbert
Bought by
Wallace Property Investments Llc
Current Estimated Value
$283,944

Purchase Details

Closed on
Oct 30, 2002
Sold by
Grigg Mary Frances
Bought by
Bailey Brady Lee

Purchase Details

Closed on
Aug 20, 1999
Sold by
Samuel Sheps David and Peoples Mary Peoples
Bought by
Grigg Mary Frances
Source: Public Records

Range of Values:

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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
Wallace Property Investments Llc $160,000 None Available
Bailey Brady Lee -- --
Bailey Brady Lee -- --
Grigg Mary Frances $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Property Investments L $147,000
Previous Owner Bailey Brady Lee $21,409
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2023 05/23/23 Sold $270,000 -1.8% $338 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/22/2023 04/22/23 For Sale $275,000 -- $344 / 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
2024 $1,295 $126,400 $9,500 $116,900
2023 $1,295 $126,400 $9,500 $116,900
2022 $1,273 $126,400 $9,500 $116,900
2021 $1,251 $0 $0 $0
2020 $1,656 $112,600 $41,900 $70,700
2019 $1,667 $112,600 $41,900 $70,700
2018 $1,589 $112,600 $41,900 $70,700
2016 $1,202 $85,462 $9,997 $75,465
2015 $1,185 $85,462 $9,997 $75,465
2014 $1,152 $85,462 $9,997 $75,465
Source: Public Records

Agents Affiliated with this Home

  • Tehane Gallimore

    Seller's Agent in 2023

    Tehane Gallimore

    Wayfinder Homes LLC

    (719) 200-1167

    1 in this area

    22 Total Sales

    Tehane Gallimore
    Section Image

  • G

    Buyer's Agent in 2023

    Garrett Small

    Keller Williams Realty Elite

    (910) 523-8921

    1 in this area

    106 Total Sales

    Garrett Small
    Section Image
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Map

Source: Triad MLS

MLS Number: 1103363

Triad MLS

APN: 6835-16-2714

North Carolina Forsyth County Winston-Salem 27101 Downtown Winston-Salem

315 N Spruce St Unit 105, Winston-Salem, NC

This home is located at 315 N Spruce St Unit 105, Winston Salem, NC 27101 since 22 April 2023 and is currently estimated at $283,944, approximately $258 per square foot. This property was built in 1924. 315 N Spruce St Unit 105 is a home located in Forsyth County with nearby schools including Brunson Elementary School, Wiley Magnet Middle School, and Reynolds High School.

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