NOT LISTED FOR SALE

601 E 25th St Winston Salem, NC 27105

North Winston Neighborhood

Estimated Value: $177,000 - $209,000

3 Beds
2 Baths
-- Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: January 27, 2023

Last sale price $157,180

Est. 24% increase in value since last sale

Current estimated payment $1,134 / mo

113 Days on Market

Highlights

  • Attic
  • No HOA
  • Carpet
  • Hanes Middle Rated A-
  • Storm Doors
  • 3-minute walk to Blum Park

About This Home

As of January 2023

Investors - Great Duplex Opportunity, Corner Lot and Each Unit Faces Different Streets, 2501 Stokes Ave. - Two Bedrooms, and One Full Bath, Currently Rents For $600, Lease Expires 11/30/22, 601 E. 25th St. - One Bedroom and One Full Bath, Currently Rent for $500, Month to Month Lease, Great Tenants in Place, Ample Parking Space, Do Not Disturb Tenants, Central Heat and Air Conditioning, No Trespassing, Click on The Virtual Tour Link to View, Units Are in Great Condition & Sold AS IS!! Great Location, See Agent Remarks for Showing Instructions.

Last Agent to Sell the Property

Clement Little

Howard Hanna Allen Tate - Winston Salem License #125352 Listed on: 09/06/2022

Howard Hanna Allen Tate - Winston Salem

Co-Listed By

James Patella

Howard Hanna Allen Tate - Winston Salem License #252447

Last Buyer's Agent

NONMEMBER NONMEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,113

Year Built

  • Built in 1947

Lot Details

  • 7,405 Sq Ft Lot
  • Sloped Lot

Home Design

  • Duplex
  • Garden Home
  • Vinyl Siding

Flooring

  • Carpet
  • Vinyl

Laundry

  • Washer and Dryer Hookup

Parking

  • 1 Parking Space
  • No Garage
  • Gravel Driveway

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Attic

Listing and Financial Details

  • Assessor Parcel Number 6836453791
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,113

Year Built

Built in 1947

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: WATC07
  • Co List Office Phone: 336-778-3990
  • Directions: Get on US-421 S. Follow US-421 S and NC-8 N/US-52 N to NE 25th St. Take exit 111 from NC-8 N/US-52 N. Merge onto NE 25th St.
  • Architectural Style: Garden
  • Year Built: 1947
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Door Features: Storm Door(s)
  • Basement YN: No
  • TRIADMLS_Storage: Attic

Exterior Features

  • Lot Features: Sloped
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage
  • Total Parking Spaces: 1
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Washer/Dryer Connection
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Storm Doors

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 6836453791
  • Zoning: RS7
  • TRIADMLS_AcresRange: 0 - 0

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Units Leased: 2

Tax Info

  • Tax Annual Amount: 1112.79
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 1.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
Jan 25, 2023
Sold by
Watlington Larry H and Watlington Eloise L
Bought by
Korede George and Korede Elizabeth
Seller's Agent
Clement Little
Howard Hanna Allen Tate - Winston Salem
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$164,900
Sold Price
$157,180
Premium/Discount to List
-$7,720
-4.68%
Views
174
Current Estimated Value
$195,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,097
Avg. Annual Appreciation
6.97%
Original Mortgage
$117,885
Outstanding Balance
$114,043
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$81,234

Purchase Details

Closed on
Dec 9, 1994
Bought by
Watlington and Watlington
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Korede George $157,500 --
Watlington -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korede George $117,885
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2023 01/27/23 Sold $157,180 -4.7% --
12/29/2022 12/29/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $164,900 -- --
Source: Triad MLS

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
2025 $1,188 $155,200 $15,000 $140,200
2024 $1,134 $84,700 $9,500 $75,200
2023 $1,134 $84,700 $9,500 $75,200
2022 $1,113 $84,700 $9,500 $75,200
2021 $707 $54,800 $9,500 $45,300
2020 $555 $40,200 $6,000 $34,200
2019 $559 $40,200 $6,000 $34,200
2018 $531 $40,200 $6,000 $34,200
2016 $513 $38,967 $6,000 $32,967
Source: Public Records

Agents Affiliated with this Home

  • Clement Little

    Seller's Agent in 2023

    Clement Little

    Howard Hanna Allen Tate - Winston Salem

    (336) 995-5544

    7 in this area

    221 Total Sales

    Clement Little
    Section Image
  • James Patella

    Seller Co-Listing Agent in 2023

    James Patella

    Howard Hanna Allen Tate - Winston Salem

    (336) 778-3990

    2 in this area

    142 Total Sales

    James Patella
    Section Image
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Map

Source: Triad MLS

MLS Number: 1082479

Triad MLS

APN: 6836-45-3791

North Carolina Forsyth County Winston-Salem 27105 North Winston

601 E 25th St, Winston-Salem, NC

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