NOT LISTED FOR SALE

530 N Trade St Unit 409 Winston Salem, NC 27101

Downtown Winston-Salem Neighborhood

Estimated Value: $434,000 - $1,127,208

3 Beds
3.5 Baths
3,300 Sq Ft
$996/mo HOA Fee

Last Sold November 01, 2023

Last sale price $1,012,500 $307 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $5,564/month

14 Days on Market

Highlights

  • Built-In Refrigerator
  • Outdoor Fireplace
  • Double Convection Oven
  • Freestanding Bathtub
  • Solid Surface Countertops
  • 3-minute walk to Artivity on the Green

About This Home

As of November 2023

Experience luxurious urban living in this stunning 2-story penthouse, nestled in the heart of the art district. 3BR & 3B, along with a thoughtfully designed kitchen & a convenient half bath, this penthouse offers the perfect blend of style & comfort. Step out onto 1 of 3 private balconies to take in breathtaking views of the cityscape & Pilot Mountain! Sipping your morning coffee or watching the sunset, these outdoor spaces provide a serene retreat from the city’s energy! Expansive windows flood the living spaces with natural light, creating an inviting and airy ambiance. A mural adorning a wall, hand-painted by artist Ron Probst adds a unique & artistic touch to the space, inviting conversations & sparking intrigue among guests. Elegant finishes, sleek hardwood flooring, high-end appliances, this offers a luxurious & comfortable living environment w/ private elevator. Imagine entertaining friends & family in the spacious living areas, hosting dinner parties in the sophisticated space!

Last Agent to Sell the Property

Charles Reece

Berkshire Hathaway HomeServices Carolinas Realty License #301918 Listed on: 08/16/2023

Berkshire Hathaway HomeServices Carolinas Realty

Co-Listed By

Anna Kathryn Reece

Berkshire Hathaway HomeServices Carolinas Realty License #144177

Last Buyer's Agent

NONMEMBER NONMEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,019

Year Built

  • Built in 2007

Lot Details

  • 0.75

HOA Fees

  • $996 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Basement Garage
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3,107 Sq Ft Home
  • 2,700-3,300 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Tile Flooring
  • Property Views

Kitchen

  • Double Convection Oven
  • Gas Cooktop
  • Built-In Refrigerator
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Freestanding Bathtub
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer Hookup

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Balcony
  • Outdoor Fireplace

Utilities

  • Central Air
  • Heat Pump System
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • Traders Row Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6835177878 & 6835177972
  • 1% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,019

Year Built

Built in 2007

Lot Details

0

HOA Fees

$996 per month

Parking

3

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Co List Office Mls Id: WPRU01
  • Co List Office Phone: 336-768-3300
  • Subdivision Name: Traders Row
  • Directions: Building is on Trade Street between 5th and 6th block. Entry into residential is a few steps passed Learfield's front door.
  • Above Grade Finished Sq Ft: 3107
  • Architectural Style: Condo Upper
  • Unit Levels: Two
  • Structure Type: Condominium
  • Year Built: 2007
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2700 - 3300
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Built-In Refrigerator, Convection Oven, Cooktop, Dishwasher, Disposal, Double Oven, Gas Cooktop, Gas Water Heater, Tankless Water Heater
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s), Freestanding Tub, Separate Shower, Solid Surface Counter, Vaulted Ceiling(s)
  • Accessibility Features: 2 or more Access Exits, Accessible Elevator Installed
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Double Sided, Gas Log, Great Room, Living Room, Outside
  • Fireplaces: 1
  • Living Area: 3107
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 3

Exterior Features

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

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Assigned, Garage, Basement
  • Garage Description: Basement Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Laundry Room - 2nd Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Gas, Tankless

Condo/Co-op/Association

  • Association Fee: 996.24
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 6835177878 & 6835177972
  • Zoning: CBWO
  • TRIADMLS_DeedPage: 130
  • TRIADMLS_DeedBook: 3702
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 14019.35
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 1.3388

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2023
Closed on
Oct 30, 2023
Sold by
Constable Seth Graham
Bought by
David G Wanders Restated 1993 Revocable Trust and Wanders
Seller's Agent
Charles Reece
Berkshire Hathaway HomeServices Carolinas Realty
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$1,100,000
Sold Price
$1,012,500
Premium/Discount to List
-$87,500
-7.95%
Views
27
Current Estimated Value
$745,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$267,448
Avg. Annual Appreciation
-15.51%

Purchase Details

Listed on
Oct 13, 2020
Closed on
Jun 14, 2022
Sold by
Sutton Jr Benjamin C and Sutton Sally H
Bought by
Constable Seth Graham
Seller's Agent
Anna Kathryn Reece
Berkshire Hathaway HomeServices Carolinas Realty
Buyer's Agent
Charles Reece
Berkshire Hathaway HomeServices Carolinas Realty
List Price
$1,275,000
Sold Price
$925,000
Premium/Discount to List
-$350,000
-27.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$425,000
Interest Rate
5.27%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 28, 2011
Sold by
Motor Bird Properties Llc
Bought by
Sutton Benjamin C and Sutton Sally H

Purchase Details

Closed on
May 23, 2007
Sold by
Trade Street Llc
Bought by
Motor Bird Properties Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
David G Wanders Restated 1993 Revocable Trust $1,012,500 None Listed On Document
Constable Seth Graham $925,000 Newton T Lawson
Sutton Benjamin C -- None Available
Motor Bird Properties Llc $492,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Constable Seth Graham $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2023 11/01/23 Sold $1,012,500 -8.0% $375 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
08/16/2023 08/16/23 For Sale $1,100,000 +18.9% $407 / Sq Ft
06/17/2022 06/17/22 Sold $925,000 -27.5% $343 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
10/13/2020 10/13/20 For Sale $1,275,000 -- $472 / 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 $6,194 $433,500 $11,900 $421,600
2023 $6,194 $433,500 $11,900 $421,600
2022 $6,085 $433,500 $11,900 $421,600
2021 $5,983 $433,500 $11,900 $421,600
2020 $7,066 $480,400 $11,400 $469,000
2019 $7,114 $480,400 $11,400 $469,000
2018 $6,778 $480,400 $11,400 $469,000
2016 $5,597 $398,062 $10,680 $387,382
2015 $5,518 $398,062 $10,680 $387,382
2014 $5,362 $398,062 $10,680 $387,382
Source: Public Records

Agents Affiliated with this Home

  • Charles Reece

    Seller's Agent in 2023

    Charles Reece

    Berkshire Hathaway HomeServices Carolinas Realty

    (336) 782-9778

    3 in this area

    87 Total Sales

    Charles Reece
    Section Image

  • A

    Seller Co-Listing Agent in 2023

    Anna Kathryn Reece

    Berkshire Hathaway HomeServices Carolinas Realty

    (336) 655-3522

    5 in this area

    121 Total Sales

    Anna Kathryn Reece
    Section Image

  • N

    Buyer's Agent in 2023

    NONMEMBER NONMEMBER

See All Agents

Map

Source: Triad MLS

MLS Number: 1116349

Triad MLS

APN: 6835-17-7878

North Carolina Forsyth County Winston-Salem 27101 Downtown Winston-Salem

530 N Trade St Unit 409, Winston-Salem, NC

This home is located at 530 N Trade St Unit 409, Winston Salem, NC 27101 since 16 August 2023 and is currently estimated at $745,052, approximately $225 per square foot. This property was built in 2007. 530 N Trade St Unit 409 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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