NOT LISTED FOR SALE

601 W Banner Ave Winston Salem, NC 27127

Washington Park Neighborhood

Estimated Value: $476,000 - $612,000

3 Beds
3.5 Baths
3,500 Sq Ft
$161/Sq Ft Est. Value

Last Sold April 01, 2024

Last sale price $565,000 $161 Per Sq Ft

Current estimated payment $3,509/month

14 Days on Market

Highlights

  • 0.49 Acre Lot
  • No HOA
  • 2 Car Garage
  • Great Room with Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of April 2024

This elegant classic brick ranch, fully renovated in 2017, offers an expansive floor plan and modern amenities including a new roof, HVAC, plumbing, and electrical. With an enormous walk-out basement, two driveways, a gourmet kitchen, and three fireplaces, it's a unique find. Situated near the city’s largest park, the property boasts picturesque views, two live oak trees, and is located in the historic Washington Park neighborhood, offering proximity to Old Salem and the University of North Carolina School of the Arts. A rare gem in Winston-Salem.

Last Agent to Sell the Property

Charlie Watkins

Leonard Ryden Burr Real Estate License #279636 Listed on: 02/02/2024

Last Buyer's Agent

Charlie Watkins

Leonard Ryden Burr Real Estate License #279636 Listed on: 02/02/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,326

Year Built

  • Built in 1964

Lot Details

  • 0.49 Acre Lot
  • Property is zoned RS9

Parking

  • 2 Car Garage
  • Basement Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,304 Sq Ft Home
  • 2,900-3,500 Sq Ft Home
  • Property has 1 Level
  • Great Room with Fireplace
  • 3 Fireplaces
  • Den with Fireplace
  • Partially Finished Basement
  • Fireplace in Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Washington Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6834078403
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,326

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.49
  • Subdivision Name: Washington Park
  • Directions: Broad Street south to Right on Banner Ave. Home in 700 block
  • Above Grade Finished Sq Ft: 3304
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1964
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 1200 - 1500
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2900 - 3500
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Historic
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Partially Finished, Basement
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1344
  • Fireplace Features: Basement, Den, Great Room
  • Fireplaces: 3
  • Living Area: 3304
  • Main Level Bathrooms: 3
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Heat Pump
  • Heating: Forced Air, Heat Pump, Multiple Systems, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

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 #: 6834078403
  • Zoning: RS9
  • TRIADMLS_PricePerAcre: 1153061.2245
  • TRIADMLS_DeedPage: 3272
  • TRIADMLS_DeedBook: 3370
  • TRIADMLS_AcresRange: 0 - 1

Tax Info

  • Tax Annual Amount: 5325.75
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 1.3388

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Mar 29, 2024
Sold by
Macleod Jean Heath
Bought by
Barber Ashley Davis and Barber Ruth Anne
Seller's Agent
Charlie Watkins
Leonard Ryden Burr Real Estate
Buyer's Agent
Charlie Watkins
Leonard Ryden Burr Real Estate
List Price
$624,900
Sold Price
$565,000
Premium/Discount to List
-$59,900
-9.59%
Views
37
Current Estimated Value
$563,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,261
Avg. Annual Appreciation
-0.16%
Original Mortgage
$536,750
Outstanding Balance
$529,065
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$34,674

Purchase Details

Listed on
Jun 6, 2017
Closed on
Sep 25, 2017
Sold by
John Southard Inc
Bought by
Macleod Jean Heath and Cohen David Arthur
Seller's Agent
John Southard
Your Home Team
Buyer's Agent
Charlie Watkins
Leonard Ryden Burr Real Estate
List Price
$369,900
Sold Price
$349,900
Premium/Discount to List
-$20,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Original Mortgage
$275,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 22, 2016
Closed on
Nov 17, 2016
Sold by
Truliant Fcu
Bought by
John Southard Inc
Seller's Agent
James Williamson
Leonard Ryden Burr Real Estate
Buyer's Agent
John Southard
Your Home Team
List Price
$169,000
Sold Price
$145,000
Premium/Discount to List
-$24,000
-14.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
181.90%
Original Mortgage
$116,000
Interest Rate
3.42%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 8, 2016
Sold by
Hinshaw Daryl Ross and Hinshaw Wendy Gregory
Bought by
Truliant Fcu

Purchase Details

Closed on
Feb 12, 1991
Bought by
Hinshaw and Hinshaw
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
Barber Ashley Davis $565,000 None Listed On Document
Macleod Jean Heath $350,000 None Available
John Southard Inc $145,000 None Available
Truliant Fcu $115,865 None Available
Hinshaw -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barber Ashley Davis $536,750
Previous Owner Macleod Jean Heath $280,000
Previous Owner Macleod Jean Heath $275,000
Previous Owner John Southard Inc $116,000
Previous Owner Hinshaw Daryl Ross $116,400
Previous Owner Hinshaw Daryl Ross $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Sold $565,000 -1.7% $195 / Sq Ft
02/17/2024 02/17/24 Pending -- -- --
02/12/2024 02/12/24 Price Changed $575,000 -8.0% $198 / Sq Ft
02/02/2024 02/02/24 For Sale $624,900 +78.6% $215 / Sq Ft
09/29/2017 09/29/17 Sold $349,900 -5.4% $121 / Sq Ft
07/14/2017 07/14/17 Pending -- -- --
06/06/2017 06/06/17 For Sale $369,900 +155.1% $128 / Sq Ft
11/22/2016 11/22/16 Sold $145,000 -14.2% $85 / Sq Ft
10/24/2016 10/24/16 Pending -- -- --
09/22/2016 09/22/16 For Sale $169,000 -- $99 / 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 $5,326 $397,800 $64,800 $333,000
2023 $5,326 $397,800 $64,800 $333,000
2022 $5,226 $397,800 $64,800 $333,000
2021 $5,132 $397,800 $64,800 $333,000
2020 $4,572 $331,100 $56,000 $275,100
2019 $4,605 $331,100 $56,000 $275,100
2018 $4,374 $331,100 $56,000 $275,100
2016 $2,781 $211,282 $53,325 $157,957
2015 $2,738 $211,282 $53,325 $157,957
2014 $2,747 $211,282 $53,325 $157,957
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Charlie Watkins

    Leonard Ryden Burr Real Estate

    (336) 909-3230

    26 in this area

    176 Total Sales

    Charlie Watkins
    Section Image

  • J

    Seller's Agent in 2017

    John Southard

    Your Home Team

    (336) 608-4218

    2 in this area

    139 Total Sales

    John Southard
    Section Image
  • James Williamson

    Seller's Agent in 2016

    James Williamson

    Leonard Ryden Burr Real Estate

    (336) 779-9200

    105 Total Sales

    James Williamson
    Section Image
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Map

Source: Triad MLS

MLS Number: 1132037

Triad MLS

APN: 6834-07-8403

North Carolina Forsyth County Winston-Salem 27127 Washington Park

601 W Banner Ave, Winston-Salem, NC

This home is located at 601 W Banner Ave, Winston Salem, NC 27127 since 02 February 2024 and is currently estimated at $563,739, approximately $161 per square foot. This property was built in 1964. 601 W Banner Ave is a home located in Forsyth County with nearby schools including Philo-Hill Magnet Academy, Parkland High, and Carter G. Woodson School.

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