$445,000
SOLD FEB 10, 2023
3 Beds
2 Baths
1,800 Sq Ft
$418/mo HOA Fee

Recently Sold

$247 Per Sq Ft

16% Below List Price

107 Days on Market

Highlights

  • Engineered Wood Flooring
  • Solid Surface Countertops
  • 2 Car Attached Garage
  • Attic
  • Balcony
  • Wet Bar

About This Home

As of January 2024

Downtown living in the heart of Winston Salem! This 3 bedroom condo features one level living with a spacious open floor plan, updated kitchen, SS appliances and hood and a private balcony to enjoy skyline views of the city. Bright and airy with high ceilings, crisp white cabinetry and built in wine bar. The third bedroom is perfect for an office or flex space. A short walk to fine dining, bakery, Old Salem, Wake Forest and convenient to the highway for easy access to the Triad. Covered, private parking spaces and an elevator are a plus. Well appointed and waiting for you to call it home, schedule your appointment today!

Last Agent to Sell the Property

Laura Craven

JPAR Legacy Group License #301042 Listed on: 08/30/2022

JPAR Legacy Group

Last Buyer's Agent

Andrew Willard

Leonard Ryden Burr Real Estate License #329816

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,819

Year Built

  • Built in 2005

HOA Fees

  • $418 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,694 Sq Ft Home
  • 1,500-1,800 Sq Ft Home
  • Property has 1 Level
  • Wet Bar
  • Ceiling Fan
  • Living Room with Fireplace
  • Dryer Hookup
  • Attic

Kitchen

  • <<convectionOvenToken>>
  • Gas Cooktop
  • Warming Drawer
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Tar Branch Towers Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6835148115
  • 1% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,819

Year Built

Built in 2005

Lot Details

0

HOA Fees

$418 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • Subdivision Name: Tar Branch Towers
  • Directions: I-40E to Cherry St Ext; R-Marshall St , property on left
  • Above Grade Finished Sq Ft: 1694
  • Architectural Style: Condo Upper
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 2005
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1500 - 1800
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Oven, Convection Oven, Dishwasher, Disposal, Gas Cooktop, Warming Drawer, Electric Water Heater
  • Flooring: Carpet, Engineered, Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry, Separate Shower, Solid Surface Counter, Wet Bar
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1694
  • Main Level Bathrooms: 2
  • Attic Description: No Access
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Balcony
  • Lot Features: City Lot, Near Public Transit
  • Pool Features: None
  • Construction Type: Brick
  • Foundation Details: Slab
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Assigned, Garage, Paved, Attached
  • Garage Description: Attached Garage

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: 1252.76
  • Association Fee Frequency: Quarterly
  • Association: Yes

Lot Info

  • Parcel #: 6835148115
  • Zoning: PB
  • TRIADMLS_PricePerAcre: 11125000
  • TRIADMLS_DeedPage: 3052
  • TRIADMLS_DeedBook: 3286
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 4819.02
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 1.3138

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Jan 5, 2024
Sold by
Mullies Sherry S
Bought by
Moyer Brett David and Moyer Elizabeth Hobbs
Seller's Agent
Charlie Watkins
Leonard Ryden Burr Real Estate
Buyer's Agent
Jennifer Sapp
Allen Tate Winston Salem
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%
Views
24
Current Estimated Value
$553,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,983
Avg. Annual Appreciation
4.18%
Original Mortgage
$408,000
Outstanding Balance
$403,057
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$140,365

Purchase Details

Listed on
Aug 30, 2022
Closed on
Apr 10, 2023
Sold by
Tar Branch Towers Condominium Owners Ass
Bought by
Mullies Sherry S
Seller's Agent
Laura Craven
JPAR Legacy Group
Buyer's Agent
Andrew Willard
Leonard Ryden Burr Real Estate
List Price
$530,000
Sold Price
$445,000
Premium/Discount to List
-$85,000
-16.04%
Views
111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.36%

Purchase Details

Listed on
Aug 30, 2022
Closed on
Feb 6, 2023
Sold by
Bryson Joseph M and Bryson Mary Beth
Bought by
Mullies Sherry S
Seller's Agent
Laura Craven
JPAR Legacy Group
Buyer's Agent
Andrew Willard
Leonard Ryden Burr Real Estate
List Price
$530,000
Sold Price
$445,000
Premium/Discount to List
-$85,000
-16.04%
Views
111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2016
Closed on
May 10, 2016
Sold by
Prince Michael
Bought by
Bryson Joseph M
Seller's Agent
Eva Johns
Leonard Ryden Burr Real Estate
Buyer's Agent
Beverly Fisher
Terri Bias and Associates
List Price
$379,000
Sold Price
$365,000
Premium/Discount to List
-$14,000
-3.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.98%
Original Mortgage
$120,000
Interest Rate
2.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 11, 2005
Sold by
Tar Branch Towers Llc
Bought by
Prince Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,700
Interest Rate
6.23%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed $510,000 None Listed On Document
Special Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Warranty Deed $890 --
Warranty Deed $365,000 None Available
Condominium Deed $259,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $408,000 New Conventional
Previous Owner $325,000 New Conventional
Previous Owner $120,000 Commercial
Previous Owner $35,000 Credit Line Revolving
Previous Owner $245,700 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2024 01/05/24 Sold $510,000 -2.9% $340 / Sq Ft
12/07/2023 12/07/23 Pending -- -- --
12/01/2023 12/01/23 For Sale $525,000 +18.0% $350 / Sq Ft
02/10/2023 02/10/23 Sold $445,000 -6.3% $297 / Sq Ft
12/16/2022 12/16/22 Pending -- -- --
11/16/2022 11/16/22 Price Changed $475,000 -4.8% $317 / Sq Ft
10/12/2022 10/12/22 Price Changed $499,000 -5.8% $333 / Sq Ft
08/30/2022 08/30/22 For Sale $530,000 +45.2% $353 / Sq Ft
05/16/2016 05/16/16 Sold $365,000 -3.7% $261 / Sq Ft
04/14/2016 04/14/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $379,000 -- $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 $4,911 $366,800 $25,300 $341,500
2022 $4,819 $366,800 $25,300 $341,500
2021 $4,732 $366,800 $25,300 $341,500
2020 $4,873 $352,900 $25,000 $327,900
2019 $4,908 $352,900 $25,000 $327,900
2018 $4,661 $352,900 $25,000 $327,900
2016 $3,837 $291,570 $23,265 $268,305
2015 $3,779 $291,570 $23,265 $268,305
2014 $3,665 $291,570 $23,265 $268,305
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1082197

Triad MLS

APN: 6835-14-8115