UNDER CONTRACT
$50K PRICE DROP
511 Jersey Ave Winston Salem, NC 27101
West End NeighborhoodEstimated payment $2,771/month
Total Views
5,838
--
Bed
--
Bath
--
Sq Ft
--
Price per Sq Ft
Highlights
- Wood Flooring
- Laundry Facilities
- 4-minute walk to Grace Court
- No HOA
About This Home
A fantastic investment opportunity in the highly sought-after West End. This quadplex boasts an ideal location just minutes from downtown, offering convenient walking access to dining, shopping, and entertainment.The property features four units: one 2-bedroom unit and three 1-bedroom units, each separately metered for power. A community laundry area provides added convenience for tenants. Don't miss out on this exceptional opportunity! Please see agent only remarks.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,780
Year Built
- Built in 1910
Lot Details
- 10,454 Sq Ft Lot
Home Design
- Quadruplex
- Vinyl Siding
Flooring
- Wood
- Tile
Utilities
- Multiple Heating Units
- Electric Water Heater
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number 6825778286
- 1% Total Tax Rate
Community Details
Overview
- No Home Owners Association
- 4 Units
- West End Subdivision
Additional Features
- Laundry Facilities
- 3 Leased Units
Map
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Home Values in the Area
Average Home Value in this Area
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 | $4,057 | $303,000 | $80,000 | $223,000 |
| 2022 | $3,981 | $303,000 | $80,000 | $223,000 |
| 2021 | $3,909 | $303,000 | $80,000 | $223,000 |
| 2020 | $3,662 | $265,200 | $78,500 | $186,700 |
| 2019 | $3,689 | $265,200 | $78,500 | $186,700 |
| 2018 | $3,503 | $265,200 | $78,500 | $186,700 |
| 2016 | $3,132 | $237,986 | $75,000 | $162,986 |
| 2015 | $3,084 | $237,986 | $75,000 | $162,986 |
| 2014 | $2,991 | $237,986 | $75,000 | $162,986 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2025 06/04/25 | For Sale | $400,000 | 0.0% | -- |
| 05/19/2025 05/19/25 | Off Market | $400,000 | -- | -- |
| 04/24/2025 04/24/25 | Price Changed | $400,000 | -7.0% | -- |
| 04/07/2025 04/07/25 | Price Changed | $430,000 | -4.4% | -- |
| 03/07/2025 03/07/25 | For Sale | $450,000 | +8.8% | -- |
| 05/19/2021 05/19/21 | Sold | $413,500 | +37.8% | $267 / Sq Ft |
| 02/23/2018 02/23/18 | Sold | $300,000 | -6.3% | $194 / Sq Ft |
| 12/29/2017 12/29/17 | Pending | -- | -- | -- |
| 12/10/2017 12/10/17 | For Sale | $320,000 | -- | $207 / Sq Ft |
Source: Triad MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $420,000 | None Available | |
| Warranty Deed | -- | Chicago Title Insurance Comp | |
| Warranty Deed | $300,000 | Chicago Title Insurance Comp | |
| Warranty Deed | $245,000 | None Available | |
| Warranty Deed | $120,000 | -- | |
| Warranty Deed | $122,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $292,500 | New Conventional | |
| Previous Owner | $225,000 | New Conventional | |
| Previous Owner | $100,000 | Purchase Money Mortgage | |
| Previous Owner | $84,000 | Unknown | |
| Previous Owner | $110,000 | No Value Available | |
| Previous Owner | $110,250 | No Value Available |
Source: Public Records
Similar Home in Winston Salem, NC
Source: Triad MLS
MLS Number: 1172489
APN: 6825-77-8286
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