NOT LISTED FOR SALE

401 E 4th St Unit 409 Winston Salem, NC 27101

Innovation Quarter Neighborhood

Estimated Value: $445,000 - $573,020

2 Beds
2 Baths
1,300 Sq Ft
$313/mo HOA Fee

Last Sold October 07, 2021

Last sale price $425,000 $327 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,292/month

81 Days on Market

Highlights

  • Sauna
  • Solid Surface Countertops
  • 2 Car Attached Garage
  • Engineered Wood Flooring
  • Balcony
  • 1-minute walk to Bailey Park

About This Home

As of October 2021

Looking for the quintessential urban loft in the most dynamic location in Winston-Salem? This updated historic brick offering in the coveted Piedmont Leaf Lofts at Bailey Park will not disappoint. A corner unit, natural light emanates from its industrial windows and the open interior space offers the best in sophisticated city living an entertaining. Covered parking, 2 storage units, 2 parking spaces, and outdoor decks with grill. MA/BA has heated floors, new custom hardwoods throughout and kitchen recently updated. Historic designation reduces tax bill.

Last Agent to Sell the Property

Joe Eaton

One Source NC Realty License #299881 Listed on: 05/21/2021

Last Buyer's Agent

NONMEMBER NONMEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,788

Year Built

  • Built in 2006

Lot Details

  • Fenced

HOA Fees

  • $313 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,212 Sq Ft Home
  • 1,000-1,300 Sq Ft Home
  • Property has 1 Level
  • Sauna
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Outdoor Features

  • Balcony
  • Outdoor Gas Grill

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Piedmont Leaf Lofts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6835377215
  • 1% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,788

Year Built

Built in 2006

Lot Details

0

HOA Fees

$313 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.01
  • Lot Size: 0
  • Subdivision Name: Piedmont Leaf Lofts
  • Directions: R-South Stratford Rd; Straight onto First St; L-Second Street; L-Chestnut; R-Fourth St. building on Left
  • Above Grade Finished Sq Ft: 1212
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 2006
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1300
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Cooktop, Dishwasher, Disposal, Exhaust Fan, Slide-In Oven/Range, Range Hood, Electric Water Heater
  • Flooring: Carpet, Engineered, Tile
  • Interior Amenities: Built-in Features, Dead Bolt(s), Sauna, Separate Shower, Solid Surface Counter
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1212
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Balcony, Gas Grill
  • Fencing: Fenced
  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Security: 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: 313
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 6835377215
  • Zoning: CI
  • TRIADMLS_PricePerAcre: 44990000
  • TRIADMLS_DeedPage: 4241
  • TRIADMLS_DeedBook: 3441
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1787.57
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Oct 7, 2021
Sold by
Shelness Sarah
Bought by
Warren William Douglas and Warren Jill Davis
Seller's Agent
Joe Eaton
One Source NC Realty
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$425,000
Current Estimated Value
$513,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,005
Avg. Annual Appreciation
4.97%
Original Mortgage
$150,000
Outstanding Balance
$127,353
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$385,652

Purchase Details

Listed on
Nov 7, 2018
Closed on
Dec 28, 2018
Sold by
Jacobucci Nicola Joseph and Jacobucci Susan Ann
Bought by
Shelness Sarah
Seller's Agent
Mark Smith
Leonard Ryden Burr Real Estate
Buyer's Agent
Joe Eaton
One Source NC Realty
List Price
$349,000
Sold Price
$338,500
Premium/Discount to List
-$10,500
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
Original Mortgage
$321,575
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 8, 2011
Closed on
Apr 27, 2012
Sold by
Britt H Michael
Bought by
Jacobucci Nicola Joseph and Jacobucci Susan Ann
Buyer's Agent
Donise Bailey
Allen Tate High Point
List Price
$259,900
Sold Price
$235,000
Premium/Discount to List
-$24,900
-9.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Original Mortgage
$188,000
Interest Rate
4.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 27, 2006
Sold by
Brown Prizery Inc
Bought by
Britt H Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,658
Interest Rate
6.19%
Mortgage Type
Commercial
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
Warren William Douglas $425,000 None Available
Warren William Douglas $425,000 None Listed On Document
Shelness Sarah $338,500 None Available
Jacobucci Nicola Joseph $235,000 Chicago Title Insurance Co
Britt H Michael $193,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warren William Douglas $150,000
Closed Warren William Douglas $150,000
Previous Owner Shelness Sarah $312,220
Previous Owner Shelness Sarah $321,575
Previous Owner Jacobucci Nicola Joseph $188,000
Previous Owner Britt Henry M $160,000
Previous Owner Britt H Michael $154,658
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2021 10/07/21 Sold $425,000 +25.6% $425 / Sq Ft
01/10/2019 01/10/19 Sold $338,500 -3.0% $339 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
11/07/2018 11/07/18 For Sale $349,000 +48.5% $349 / Sq Ft
05/02/2012 05/02/12 Sold $235,000 -9.6% $193 / Sq Ft
04/09/2012 04/09/12 Pending -- -- --
12/08/2011 12/08/11 For Sale $259,900 -- $214 / 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 $2,195 $327,900 $7,200 $320,700
2023 $2,195 $327,900 $7,200 $320,700
2022 $2,154 $327,900 $7,200 $320,700
2021 $2,115 $327,900 $7,200 $320,700
2020 $1,788 $258,900 $7,200 $251,700
2019 $1,801 $258,900 $7,200 $251,700
2018 $1,710 $258,900 $7,200 $251,700
2016 $1,498 $227,725 $5,107 $222,618
2015 $1,475 $227,725 $5,107 $222,618
2014 -- $227,725 $5,107 $222,618
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Joe Eaton

    One Source NC Realty

    (336) 930-3202

    1 in this area

    8 Total Sales

    Joe Eaton
    Section Image

  • N

    Buyer's Agent in 2021

    NONMEMBER NONMEMBER

  • M

    Seller's Agent in 2019

    Mark Smith

    Leonard Ryden Burr Real Estate

    (415) 963-1664

    95 Total Sales

    Mark Smith
    Section Image

  • D

    Buyer's Agent in 2012

    Donise Bailey

    Allen Tate High Point

    (336) 442-0012

    56 Total Sales

    Donise Bailey
    Section Image
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Map

Source: Triad MLS

MLS Number: 1025821

Triad MLS

APN: 6835-37-7215

North Carolina Forsyth County Winston-Salem 27101 Innovation Quarter

401 E 4th St Unit 409, Winston-Salem, NC

This home is located at 401 E 4th St Unit 409, Winston Salem, NC 27101 since 21 May 2021 and is currently estimated at $513,005, approximately $394 per square foot. This property was built in 2006. 401 E 4th St Unit 409 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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