NOT LISTED FOR SALE

315 N Spruce St Unit 506 Winston Salem, NC 27101

Downtown Winston-Salem Neighborhood

Estimated Value: $256,000 - $311,000

1 Bed
1.5 Baths
1,000 Sq Ft
0.34 Acres

Last Sold September 02, 2021

Last sale price $217,000 $217 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,727/month

7 Days on Market

Highlights

  • The property is located in a historic district
  • Attic
  • Tile Flooring
  • Main Floor Primary Bedroom
  • Solid Surface Countertops
  • 1-minute walk to Winston Square Park

About This Home

As of September 2021

This is the one you've been waiting for!! Amazing corner penthouse with sensational panoramic views and tons of natural light coming from three sides. Custom updates give the home a fresh feel and the French tile throughout exudes sophistication. Situated in the heart of downtown, easily venture out to nearby restaurants, theatres, coffee bars and more. The building offers secure access and night-time lighting. Recently installed Nest thermostat and Smart lock are easily controlled by app. Both the primary bedroom and "other" which can be used as a bedroom or home office have new ceiling fans and there's a fandelier in the kitchen. Assigned parking spot included in HOA dues. Owners receive tax deferment being that the building is historic.

Last Agent to Sell the Property

Loretta Morton

Allen Tate Oak Ridge Commons License #281930 Listed on: 06/18/2021

Allen Tate Oak Ridge Commons

Co-Listed By

Betty Smith

Allen Tate Summerfield License #33606

Last Buyer's Agent

Terri Johnson

Allen Tate Oak Ridge - Highway 68 License #290751

Allen Tate Oak Ridge - Highway 68

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $954

Year Built

  • Built in 1924

Lot Details

  • 0.34

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 894 Sq Ft Home
  • 800-1,000 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Tile Flooring
  • Dryer Hookup
  • Attic

Kitchen

  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main

Parking

  • No Garage
  • Lighted Parking
  • Paved Parking
  • Assigned Parking

Location

  • The property is located in a historic district

Schools

  • Wiley Middle School
  • Reynolds High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • Ymca Condominium Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6835162625
  • 1% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$954

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Co List Office Mls Id: GATC08
  • Co List Office Phone: 336-485-1881
  • Subdivision Name: Ymca Condominium
  • Directions: 4th St. to Spruce St. Condo located in historic YMCA building adjacent to the Sawtooth School for Visual Arts
  • Above Grade Finished Sq Ft: 894
  • Architectural Style: Condo Upper
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 1924
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Water Heater
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Solid Surface Counter
  • Accessibility Features: Accessible Elevator Installed
  • Has Basement: Basement
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 894
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Exterior Features: Lighting
  • Fencing: None
  • Lot Features: City Lot, Historic District, Near Public Transit
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Assigned, Lighted, Deck, Paved, On Street, No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection
  • Security: Security Lights
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 256.4
  • Association: Yes

Schools

  • Elementary School: Brunson
  • High School: Reynolds
  • Middle Or Junior School: Wiley

Lot Info

  • Parcel #: 6835162625
  • Zoning: Historic
  • TRIADMLS_PricePerAcre: 629411.7647
  • TRIADMLS_PlatPage: 129-133
  • TRIADMLS_DeedPage: 4269
  • TRIADMLS_DeedBook: 3542
  • TRIADMLS_PlatBook: 2
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 954
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.3809

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 26, 2021
Sold by
Steckman Darbi
Bought by
Maline Miles Frederick
Seller's Agent
Loretta Morton
Allen Tate Oak Ridge Commons
Buyer's Agent
Terri Johnson
Allen Tate Oak Ridge - Highway 68
Sold Price
$217,000
Total Days on Market
7
Current Estimated Value
$280,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,794
Avg. Annual Appreciation
7.09%

Purchase Details

Closed on
Aug 5, 2020
Sold by
Smith Jack D and Smith Margaret
Bought by
Steckman Darbi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,995
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2005
Sold by
Cook Ronald D
Bought by
Smith Jack D and Smith Mary Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,100
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 13, 2003
Sold by
Engler Henry A and Engler Carol A
Bought by
Cook Ronald D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.75%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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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
Maline Miles Frederick $217,000 None Available
Steckman Darbi $184,000 None Available
Smith Jack D $99,000 --
Cook Ronald D $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steckman Darbi $177,995
Previous Owner Smith Jack D $110,000
Previous Owner Smith Jack D $21,409
Previous Owner Smith Jack D $89,100
Previous Owner Cook Ronald D $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2021 09/02/21 Sold $217,000 -- $271 / 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
2023 $1,817 $176,500 $10,600 $165,900
2022 $1,786 $176,500 $10,600 $165,900
2021 $1,756 $0 $0 $0
2020 $1,263 $101,700 $41,900 $59,800
2019 $753 $101,700 $41,900 $59,800
2018 $717 $101,700 $41,900 $59,800
2016 $688 $97,939 $9,997 $87,942
2015 $678 $97,939 $9,997 $87,942
2014 $659 $97,939 $9,997 $87,942
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Loretta Morton

    Allen Tate Oak Ridge Commons

    (336) 327-1698

    1 in this area

    7 Total Sales

    Loretta Morton
    Section Image

  • B

    Seller Co-Listing Agent in 2021

    Betty Smith

    Allen Tate Summerfield

    (336) 451-4923

    1 in this area

    631 Total Sales

    Betty Smith
    Section Image

  • T

    Buyer's Agent in 2021

    Terri Johnson

    Allen Tate Oak Ridge - Highway 68

    (336) 671-8613

    1 in this area

    52 Total Sales

    Terri Johnson
    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 1030246

Triad MLS

APN: 6835-16-2625

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

315 N Spruce St Unit 506, Winston-Salem, NC

This home is located at 315 N Spruce St Unit 506, Winston Salem, NC 27101 since 18 June 2021 and is currently estimated at $280,794, approximately $280 per square foot. This property was built in 1924. 315 N Spruce St Unit 506 is a home located in Forsyth County with nearby schools including Wiley Magnet Middle School, Reynolds High School, and The Arts Based School.

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