NOT LISTED FOR SALE

500 S Main St Winston Salem, NC 27101

South Marshall Neighborhood

Estimated Value: $798,000 - $1,154,445

5 Beds
5.5 Baths
5,200 Sq Ft
$188/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $615,000 $118 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,646/month

17 Days on Market

Highlights

  • The property is located in a historic district
  • Game Room with Fireplace
  • Solid Surface Countertops
  • Colonial Architecture
  • Wood Flooring
  • No HOA

About This Home

As of June 2018

This grand home has a long history in the heart of Old Salem.Known as the Bank of Cape Fear built in 1847, it later became the first art gallery for SECCA.After an exemplary conversion to a residence it has a gracious floor plan and lg rooms, 2nd floor owners suite w/2 baths,lots of closets,offices, & high quality built-ins.Orig wide plank fls,wavy glass,lg fireplaces,3 story staircase make this home everything you would expect in Old Salem.The garden level suite w/kitchen opens to patio & fenced yard.

Last Agent to Sell the Property

Charlie Watkins

Leonard Ryden Burr Real Estate License #279636 Listed on: 04/26/2018

Co-Listed By

Michael Ryden

Leonard Ryden Burr Real Estate License #99199

Last Buyer's Agent

Rebecca Mallard

Century 21 Echelon License #299909

Century 21 Echelon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,823

Year Built

  • Built in 1847

Lot Details

  • Lot Dimensions are 90 x 70
  • Fenced

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 4,902 Sq Ft Home
  • 4,400-5,200 Sq Ft Home
  • Property has 2.5 Levels
  • Wet Bar
  • Den with Fireplace
  • Game Room with Fireplace
  • 3 Fireplaces
  • Dryer Hookup
  • Finished Basement

Kitchen

  • Double Oven
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • No Garage
  • Driveway

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Multiple Heating Units
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Porch
  • The property is located in a historic district

Community Details

  • No Home Owners Association
  • Old Salem Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6835238562
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,823

Year Built

Built in 1847

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: 90 x 70
  • Co List Office Mls Id: WLRB01
  • Co List Office Phone: 336-779-9200
  • Subdivision Name: Old Salem
  • Directions: BUS 40E, Exit 5D Onto Liberty, Left onto Academy, Left onto S Main, Home on Left
  • Above Grade Finished Sq Ft: 4902
  • Architectural Style: Colonial
  • Unit Levels: 2.5
  • Structure Type: House
  • Year Built: 1847
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 900 - 1200
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 4400 - 5200
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Historic
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Microwave, Cooktop, Dishwasher, Disposal, Double Oven, Range, Gas Water Heater
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Built-in Features, Dead Bolt(s), Soaking Tub, In-Law Floorplan, Pantry, Solid Surface Counter, Wet Bar
  • Has Basement: Finished, Unfinished, Full
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1067
  • Fireplace Features: Den, Primary Bedroom, Playroom
  • Fireplaces: 3
  • Living Area: 4902
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 4

Exterior Features

  • Fencing: Fenced
  • Lot Features: Historic District
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway, No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, In Basement, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Heating: Forced Air, Multiple Systems, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6835238562
  • Zoning: H
  • TRIADMLS_DeedPage: 4024
  • TRIADMLS_DeedBook: 1898
  • TRIADMLS_AcresRange: -

Tax Info

  • Tax Annual Amount: 4822.61
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.329

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2024
Sold by
Remishofsky Mary Victoria
Bought by
Mary Victoria Remishofsky Revocable Living Tr and Remishofsky
Current Estimated Value
$975,482

Purchase Details

Listed on
Apr 26, 2018
Closed on
Jun 25, 2018
Sold by
Ewing Alexander C and Restated Alexander C Ewing
Bought by
Remishofsky Mary Victoria
Seller's Agent
Charlie Watkins
Leonard Ryden Burr Real Estate
Buyer's Agent
Rebecca Mallard
Century 21 Echelon
List Price
$649,900
Sold Price
$615,000
Premium/Discount to List
-$34,900
-5.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%

Purchase Details

Closed on
Apr 30, 1996
Bought by
Ewing and Ewing
Source: Public Records

Range of Values:

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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
Mary Victoria Remishofsky Revocable Living Tr -- None Listed On Document
Remishofsky Mary Victoria $615,000 None Available
Ewing $575,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $615,000 -5.4% $140 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $649,900 -- $148 / 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 $5,383 $804,100 $172,800 $631,300
2023 $5,383 $804,100 $172,800 $631,300
2022 $5,282 $804,100 $172,800 $631,300
2021 $5,187 $804,100 $172,800 $631,300
2020 $5,096 $738,000 $136,800 $601,200
2019 $5,132 $738,000 $136,800 $601,200
2018 $4,823 $730,200 $136,800 $593,400
2016 $9,516 $723,096 $122,400 $600,696
2015 $4,686 $723,096 $122,400 $600,696
2014 -- $723,096 $122,400 $600,696
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Charlie Watkins

    Leonard Ryden Burr Real Estate

    (336) 909-3230

    5 in this area

    174 Total Sales

    Charlie Watkins
    Section Image
  • Michael Ryden

    Seller Co-Listing Agent in 2018

    Michael Ryden

    Leonard Ryden Burr Real Estate

    (336) 577-8488

    26 Total Sales

    Michael Ryden
    Section Image

  • R

    Buyer's Agent in 2018

    Rebecca Mallard

    Century 21 Echelon

    (336) 529-0199

    61 Total Sales

    Rebecca Mallard
    Section Image
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Map

Source: Triad MLS

MLS Number: 884944

Triad MLS

APN: 6835-23-8562

North Carolina Forsyth County Winston-Salem 27101 South Marshall

500 S Main St, Winston-Salem, NC

This home is located at 500 S Main St, Winston Salem, NC 27101 since 26 April 2018 and is currently estimated at $975,482, approximately $187 per square foot. This property was built in 1847. 500 S Main St is a home located in Forsyth County with nearby schools including Diggs-Latham Elementary School, Flat Rock Middle, and Reynolds High School.

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