NOT LISTED FOR SALE

613 N Dunleith Ave Winston Salem, NC 27101

East Winston Neighborhood

Estimated Value: $261,000 - $289,000

4 Beds
4 Baths
1,120 Sq Ft
$249/Sq Ft Est. Value

Last Sold November 25, 2024

Last sale price $180,000 $161 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,519/month

99 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • 4-minute walk to Rupert Bell Community Center
  • No HOA

About This Home

As of November 2024

Welcome to an exceptional investment opportunity in Winston Salem! This property features two duplexes and a former duplex converted into a spacious 2-bed, 2-bath single residence, with potential to revert to two 1-bed, 1-bath units. Each property offers a functional layout and a full unfinished basement.

Duplex 1: Charming duplex with two 1-bed, 1-bath units. Rents below market value with potential for increase. Full basement for expansion.

Duplex 2: Similar layout with two 1-bed, 1-bath units. Rents below market, immediate cash flow potential. Full basement for expansion.

Former Duplex Conversion: Currently a 2-bed, 2-bath single residence, convertible back to two 1-bed, 1-bath units. Comfortable living layout with full basement.

Rents range from $350 to $675 per month, below market value. With rising rental demand, there's ample opportunity to maximize returns by making improvements and some repairs. Don't miss out on this prime investment opportunity in Winston Salem

Last Agent to Sell the Property

Marcel Perez Ayala

Alterna Real Estate License #261222 Listed on: 03/23/2024

Last Buyer's Agent

David Hart

Keller Williams University City License #288351

Keller Williams University City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $803

Year Built

  • Built in 1955

Lot Details

  • 0.29 Acre Lot

Parking

  • No Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding

Flooring

  • Wood
  • Laminate

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 6835787105
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • 4 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$803

Year Built

Built in 1955

Lot Details

0.29 Acres

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.29
  • Lot Size: .29
  • Road Surface Type: Paved
  • Directions: 613 N Dunleith
  • Year Built: 1955
  • Idx Status: Sold
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Flooring: Laminate, Wood
  • Basement YN: Yes
  • TRIADMLS_Storage: Closet

Exterior Features

  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: See Remarks, No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Remarks
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6835787105
  • Zoning: rs7

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 5
  • Number Of Units Furnished: None
  • Number Of Units Leased: 4

Tax Info

  • Tax Annual Amount: 803
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2024
Closed on
Nov 19, 2024
Sold by
Red Well Properties Llc
Bought by
Kennedy Properties Llc
Seller's Agent
Marcel Perez Ayala
Alterna Real Estate
Buyer's Agent
David Hart
Keller Williams University City
List Price
$214,997
Sold Price
$180,000
Premium/Discount to List
-$34,997
-16.28%
Views
97
Current Estimated Value
$278,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,360
Avg. Annual Appreciation
40.21%

Purchase Details

Closed on
Jul 17, 2014
Sold by
Hawkeyz Properties Llc
Bought by
Redwell Properties Llc

Purchase Details

Closed on
Apr 18, 2000
Sold by
Little Curtiss R and Little Ann D
Bought by
Hawkeye Properties Llc
Source: Public Records
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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
Kennedy Properties Llc $180,000 None Listed On Document
Kennedy Properties Llc $180,000 None Listed On Document
Redwell Properties Llc -- None Available
Hawkeye Properties Llc $50,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2024 11/25/24 Sold $180,000 -16.3% $161 / Sq Ft
10/08/2024 10/08/24 Price Changed $214,997 0.0% $192 / Sq Ft
10/08/2024 10/08/24 For Sale $214,997 +19.4% $192 / Sq Ft
09/30/2024 09/30/24 Off Market $180,000 -- --
08/15/2024 08/15/24 Price Changed $230,000 -8.0% $205 / Sq Ft
07/11/2024 07/11/24 For Sale $250,000 0.0% $223 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
05/17/2024 05/17/24 Price Changed $250,000 0.0% $223 / Sq Ft
05/17/2024 05/17/24 For Sale $250,000 -9.1% $223 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
04/23/2024 04/23/24 Price Changed $275,000 -6.8% $246 / Sq Ft
03/23/2024 03/23/24 For Sale $295,000 -- $263 / Sq Ft
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 $857 $331,100 $27,000 $304,100
2024 $818 $61,100 $21,000 $40,100
2023 $818 $61,100 $21,000 $40,100
2022 $803 $61,100 $21,000 $40,100
2021 $788 $61,100 $21,000 $40,100
2020 $660 $47,800 $11,000 $36,800
2019 $665 $47,800 $11,000 $36,800
2018 $631 $47,800 $11,000 $36,800
2016 $565 $42,902 $11,000 $31,902
2015 $556 $42,902 $11,000 $31,902
2014 $539 $42,902 $11,000 $31,902
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Marcel Perez Ayala

    Alterna Real Estate

    (704) 898-4444

    3 in this area

    42 Total Sales

    Marcel Perez Ayala
    Section Image
  • David Hart

    Buyer's Agent in 2024

    David Hart

    Keller Williams University City

    (704) 561-1962

    1 in this area

    16 Total Sales

    David Hart
    Section Image
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Map

Source: Triad MLS

MLS Number: 1136930

Triad MLS

APN: 6835-78-7105

North Carolina Forsyth County Winston-Salem 27101 East Winston

613 N Dunleith Ave, Winston-Salem, NC

Not Listed for Sale

MultiFamily

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