$590,000
SOLD MAR 12, 2021

401 E 4th St Unit 505 Winston Salem, NC 27101

Innovation Quarter Neighborhood
2 Beds
2 Baths
2,400 Sq Ft
$526/mo HOA Fee

Recently Sold

$246 Per Sq Ft

6 Days on Market

Highlights

  • The property is located in a historic district
  • Forced Air Zoned Heating and Cooling System
  • 2 Car Garage
  • Wood Flooring
  • Ceiling Fan
  • 1-minute walk to Bailey Park

About This Home

As of December 2022

Rare offering in the heart of the Innovation Quarter, steps away from Bailey Park, the Long Branch Trail & WFU Medical School. 2-story penthouse condo with original floors, exposed brick, steel windows, tall ceilings AND PRIVATE ROOF TOP PATIO. 2 BR (with optional 3RD BR)/2BA with 2 parking spaces ,2 storage spaces, and building amenities (gym & add'l outdoor entertaining spaces). Recent mechanical upgrades. Low property taxes (Historic Tax credit) off set HOA dues.

Last Agent to Sell the Property

Eva Johns

Leonard Ryden Burr Real Estate License #211960 Listed on: 01/18/2021

Last Buyer's Agent

Eva Johns

Leonard Ryden Burr Real Estate License #211960 Listed on: 01/18/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,131

Year Built

  • Built in 1921

HOA Fees

  • $526 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Basement Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,208 Sq Ft Home
  • 1,900-2,400 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Laundry on upper level

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Separate Shower

Location

  • The property is located in a historic district

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Piedmont Leaf Lofts Subdivision

Listing and Financial Details

  • Legal Lot and Block 505 / 6508
  • Assessor Parcel Number 6835377354
  • 1% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,131

Year Built

Built in 1921

Lot Details

0

HOA Fees

$526 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.02
  • Subdivision Name: Piedmont Leaf Lofts
  • Directions: 1-40E to Cherry St ext; R-4th St
  • Above Grade Finished Sq Ft: 2208
  • Architectural Style: Condo Upper
  • Unit Levels: Two
  • Structure Type: Condominium
  • Year Built: 1921
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Separate Shower
  • Has Basement: Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 2208
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Basement
  • Garage Description: Basement Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Laundry Room - 2nd Level
  • Cooling: Central Air, Zoned
  • Heating: Heat Pump, Zoned, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 526
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 6835377354
  • Zoning: CI
  • TRIADMLS_PricePerAcre: 29950000
  • TRIADMLS_DeedPage: 3011
  • TRIADMLS_DeedBook: 3088
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 3131.19
  • Tax Block: 6508
  • Tax Lot: 505
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1.3809

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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

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $715,000 -1.9% $376 / Sq Ft
11/03/2022 11/03/22 Pending -- -- --
10/26/2022 10/26/22 For Sale $729,000 +23.6% $384 / Sq Ft
03/12/2021 03/12/21 Sold $590,000 +43.9% $311 / Sq Ft
10/31/2012 10/31/12 Sold $410,000 -10.8% $186 / Sq Ft
08/26/2012 08/26/12 Pending -- -- --
05/09/2012 05/09/12 For Sale $459,500 -- $208 / Sq Ft
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    Eva Johns

    Leonard Ryden Burr Real Estate

    (336) 408-0507

    2 in this area

    82 Total Sales

    Eva Johns
    Section Image

  • J

    Buyer's Agent in 2022

    Julie Holland

    Berkshire Hathaway HomeServices Carolinas Realty

    (336) 768-3300

    1 in this area

    82 Total Sales

    Julie Holland
    Section Image
  • Michael Ryden

    Seller's Agent in 2012

    Michael Ryden

    Leonard Ryden Burr Real Estate

    27 Total Sales

    Michael Ryden
    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 1008508

Triad MLS

North Carolina Forsyth County Winston-Salem 27101 Innovation Quarter

401 E 4th St Unit 505, Winston-Salem, NC

This home is located at 401 E 4th St Unit 505, Winston Salem, NC 27101 and is currently priced at $590,000, approximately $245 per square foot. This property was built in 1921. 401 E 4th St Unit 505 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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