NOT LISTED FOR SALE

512 Gales Ave Winston Salem, NC 27103

Ardmore Neighborhood

Estimated Value: $381,000 - $442,000

2 Beds
2 Baths
1,500 Sq Ft
$276/Sq Ft Est. Value

Last Sold August 13, 2024

Last sale price $415,000 $277 Per Sq Ft

Current estimated payment $2,475/month

1 Day on Market

Highlights

  • The property is located in a historic district
  • Attic
  • No HOA
  • Wood Flooring
  • Solid Surface Countertops
  • 4-minute walk to Lockland Park

About This Home

As of August 2024

This charming Ardmore bungalow is ready to welcome you home today! Extensively updated and conveniently located close to hospitals and downtown, the historic 1928 home has large rooms, high ceilings and maintains its original charm. It features a new primary bath with a marble topped double-vanity and glass enclosed walk-in shower. The reconfigured kitchen features original upper cabinets, new quartz counters, new refrigerator and microwave. The new washer and dryer convey in the freshly updated laundry room. New built-in bookcases customize the living room, dining room and second bedroom. A new tile floor, vanity and light fixtures update the hall bath. New plantation shutters, crown molding, lighting fixtures installed throughout. All paint refreshed. Furnace and water heater replaced. PLUS, wooden privacy fence, concrete driveway, stone retaining wall, stone edging, and extensive plantings installed to update exterior.

Last Agent to Sell the Property

Mark Smiley

Leonard Ryden Burr Real Estate License #332423 Listed on: 07/12/2024

Last Buyer's Agent

Chris Wilson

Leonard Ryden Burr Real Estate License #124654

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,441

Year Built

  • Built in 1928

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 58 x 140
  • Partially Fenced Property
  • Cleared Lot
  • Property is zoned RS7

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • 1,384 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Dryer Hookup
  • Attic
  • Unfinished Basement

Kitchen

  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Windows
  • Storm Doors

Schools

  • Wiley Middle School
  • Reynolds High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Porch
  • The property is located in a historic district

Community Details

  • No Home Owners Association
  • Ardmore Subdivision

Listing and Financial Details

  • Legal Lot and Block 003B / 1052
  • Assessor Parcel Number 6825621245
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,441

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Lot Size: 58 x 140
  • Subdivision Name: Ardmore
  • Directions: Creek, right on Academy, right on Gales, house on left.
  • Above Grade Finished Sq Ft: 1384
  • Architectural Style: Bungalow
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1928
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_AdCopy: Don't miss this charming Ardmore bungalow! New primary bath with double vanity and glass shower. Fresh kitchen with quartz counters. Refinished floors, new furnace, new water heater, plus updated second bath. New washer, dryer, refrigerator convey.
  • TRIADMLS_LandDescription: Cleared Land, Partially Fenced
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range, Range Hood, Electric Water Heater
  • Flooring: Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Pantry, Solid Surface Counter
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1384
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: Yes

Exterior Features

  • Fencing: Fenced, Partial
  • Lot Features: Historic District, Cleared
  • Pool Features: None
  • Exclusions: Dining Room Chandelier Does Not Convey.
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Garage, On Street, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric
  • Energy Features: Storm Doors, Storm Windows

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Brunson
  • High School: Reynolds
  • Middle Or Junior School: Wiley

Lot Info

  • Parcel #: 6825621245
  • Zoning: RS7
  • TRIADMLS_PricePerAcre: 2184210.5263
  • TRIADMLS_PlatPage: 49
  • TRIADMLS_DeedPage: 2559
  • TRIADMLS_DeedBook: 3547
  • TRIADMLS_PlatBook: 2
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2441
  • Tax Block: 1052
  • Tax Lot: 003B
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 1.3388

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Aug 9, 2024
Sold by
Brown Frank
Bought by
Dyer Lane and Dyer Myong
Seller's Agent
Mark Smiley
Leonard Ryden Burr Real Estate
Buyer's Agent
Chris Wilson
Leonard Ryden Burr Real Estate
List Price
$399,000
Sold Price
$415,000
Premium/Discount to List
$16,000
4.01%
Views
43
Current Estimated Value
$413,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,074
Avg. Annual Appreciation
-0.25%

Purchase Details

Listed on
Jun 15, 2022
Closed on
Aug 18, 2022
Sold by
Holmes Vicky T and Holmes Amanda A
Bought by
Brown Frank
Seller's Agent
Betsy Schneider
Allen Tate Winston Salem
Buyer's Agent
Mark Smiley
Leonard Ryden Burr Real Estate
List Price
$269,000
Sold Price
$245,000
Premium/Discount to List
-$24,000
-8.92%
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.36%

Purchase Details

Closed on
Aug 14, 2020
Sold by
Holmes Vicky T
Bought by
Holmes Vicky T and Holmes Amanda A

Purchase Details

Closed on
Jul 24, 2007
Sold by
Reggentin Thomas A and Fernandez Nella C
Bought by
Holmes Vicky T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,920
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2005
Sold by
Page Della
Bought by
Reggentin Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5%
Mortgage Type
New Conventional
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
Dyer Lane $415,000 None Listed On Document
Brown Frank $245,000 --
Holmes Vicky T -- None Available
Holmes Vicky T $150,000 None Available
Reggentin Thomas A $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holmes Vicky T $121,600
Previous Owner Holmes Vicky T $119,920
Previous Owner Reggentin Thomas A $124,000
Previous Owner Page Della $97,600
Closed Reggentin Thomas A $23,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2024 08/13/24 Sold $415,000 +4.0% $346 / Sq Ft
07/14/2024 07/14/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $399,000 +62.9% $333 / Sq Ft
09/28/2022 09/28/22 Sold $245,000 -3.5% $204 / Sq Ft
08/20/2022 08/20/22 Pending -- -- --
07/22/2022 07/22/22 Price Changed $254,000 -1.9% $212 / Sq Ft
07/08/2022 07/08/22 Price Changed $259,000 -3.7% $216 / Sq Ft
06/18/2022 06/18/22 For Sale $269,000 -- $224 / 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 $2,685 $182,300 $75,400 $106,900
2023 $2,685 $182,300 $75,400 $106,900
2022 $2,375 $180,800 $75,400 $105,400
2021 $2,333 $180,800 $75,400 $105,400
2020 $2,035 $147,400 $69,600 $77,800
2019 $2,050 $147,400 $69,600 $77,800
2018 $1,947 $147,400 $69,600 $77,800
2016 $1,767 $134,333 $64,800 $69,533
2015 $1,741 $134,333 $64,800 $69,533
2014 $1,688 $134,333 $64,800 $69,533
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Mark Smiley

    Leonard Ryden Burr Real Estate

    (336) 692-8691

    3 in this area

    4 Total Sales

    Mark Smiley
    Section Image

  • C

    Buyer's Agent in 2024

    Chris Wilson

    Leonard Ryden Burr Real Estate

    (336) 287-3330

    2 in this area

    30 Total Sales

    Chris Wilson
    Section Image
  • Betsy Schneider

    Seller's Agent in 2022

    Betsy Schneider

    Allen Tate Winston Salem

    (336) 655-3143

    2 in this area

    30 Total Sales

    Betsy Schneider
    Section Image
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Map

Source: Triad MLS

MLS Number: 1148638

Triad MLS

APN: 6825-62-1245

North Carolina Forsyth County Winston-Salem 27103 Ardmore

512 Gales Ave, Winston-Salem, NC

This home is located at 512 Gales Ave, Winston Salem, NC 27103 since 12 July 2024 and is currently estimated at $413,926, approximately $275 per square foot. This property was built in 1928. 512 Gales Ave 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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