NOT LISTED FOR SALE

530 N Trade St Unit 501 Winston Salem, NC 27101

Downtown Winston-Salem Neighborhood

Estimated Value: $820,000 - $987,331

2 Beds
2.5 Baths
2,500 Sq Ft
$438/mo HOA Fee

Last Sold November 23, 2021

Last sale price $729,000 $292 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,756/month

156 Days on Market

Highlights

  • Solid Surface Countertops
  • 2 Car Attached Garage
  • Central Air
  • Balcony
  • Kitchen Island
  • 3-minute walk to Artivity on the Green

About This Home

As of November 2021

Stunning 5th floor corner unit in the vibrant downtown arts district. 2 Bedroom 2 ½ Bath with floor to ceiling windows. The open living space is flooded with natural light and opens up to two private balconies with spectacular views of downtown and Pilot Mountain. Spacious primary bedroom with large closet. Walk-in laundry room with utility sink and lots of closets for storage. Gated underground garage with 2 assigned parking spaces. Close to restaurants, Mast General Store, theater and downtown events.

Last Agent to Sell the Property

Molly Allred

Leonard Ryden Burr Real Estate License #297008 Listed on: 04/16/2021

Last Buyer's Agent

Carolyn Strickland

Leonard Ryden Burr Real Estate License #283689

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,644

Year Built

  • Built in 2007

Lot Details

  • 0.75

HOA Fees

  • $438 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,335 Sq Ft Home
  • 2,100-2,500 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Keeping Room with Fireplace
  • Dryer Hookup

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Traders Row Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6835177940
  • 1% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,644

Year Built

Built in 2007

Lot Details

0

HOA Fees

$438 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: condo
  • Subdivision Name: Traders Row
  • Directions: Condo is located on Trade St. between 5th and 6th street
  • Above Grade Finished Sq Ft: 2335
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 2007
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2100 - 2500
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Oven, Dishwasher, Disposal, Gas Cooktop, Gas Water Heater
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Solid Surface Counter
  • Has Basement: Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Double Sided, Gas Log, Keeping Room
  • Fireplaces: 1
  • Living Area: 2335
  • Main Level Bathrooms: 3
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Exterior Features: Balcony
  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 437.6
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 6835177940
  • Zoning: CBWO
  • TRIADMLS_DeedPage: 4467
  • TRIADMLS_DeedBook: 2797
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 8644.19
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1.3802

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Nov 18, 2021
Sold by
Duggins Derek W
Bought by
Martin Helen White
Seller's Agent
Molly Allred
Leonard Ryden Burr Real Estate
Buyer's Agent
Carolyn Strickland
Leonard Ryden Burr Real Estate
Sold Price
$729,000
Current Estimated Value
$827,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,816
Avg. Annual Appreciation
3.49%
Original Mortgage
$400,000
Outstanding Balance
$348,764
Interest Rate
2.99%
Mortgage Type
Credit Line Revolving
Estimated Equity
$478,916

Purchase Details

Closed on
Nov 27, 2007
Sold by
Salem Properties Llc
Bought by
Duggins Derek W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,600
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
May 17, 2007
Sold by
Trade Street Llc
Bought by
Salem Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,000
Interest Rate
6.12%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Martin Helen White $729,000 Chicago Title Insurance Co
Duggins Derek W $759,000 None Available
Salem Properties Llc $796,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Helen White $400,000
Previous Owner Duggins Derek W $353,800
Previous Owner Duggins Derek Wayne $100,000
Previous Owner Duggins Derek W $353,600
Previous Owner Salem Properties Llc $644,000
Previous Owner Christ Temple $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2021 11/23/21 Sold $729,000 -- $347 / 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 $8,949 -- -- --
2022 $8,792 $626,300 $11,900 $614,400
2021 $8,644 $626,300 $11,900 $614,400
2020 $10,473 $712,000 $11,400 $700,600
2019 $10,544 $712,000 $11,400 $700,600
2018 $10,046 $712,000 $11,400 $700,600
2016 $9,402 $668,745 $10,680 $658,065
2015 $9,268 $668,745 $10,680 $658,065
2014 $9,006 $668,745 $10,680 $658,065
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Molly Allred

    Leonard Ryden Burr Real Estate

    (704) 608-1944

    1 in this area

    72 Total Sales

    Section Image

  • C

    Buyer's Agent in 2021

    Carolyn Strickland

    Leonard Ryden Burr Real Estate

    (336) 575-9009

    3 in this area

    31 Total Sales

    Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 1020387

Triad MLS

APN: 6835-17-7940

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

530 N Trade St Unit 501, Winston-Salem, NC

This home is located at 530 N Trade St Unit 501, Winston Salem, NC 27101 since 16 April 2021 and is currently estimated at $904,583, approximately $361 per square foot. This property was built in 2007. 530 N Trade St Unit 501 is a home located in Forsyth County with nearby schools including Brunson Elementary School, Wiley Magnet Middle School, and Reynolds High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Triad MLS Copyright 2025 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.

Nearby Homes