NOT LISTED FOR SALE

705 W Academy St Winston Salem, NC 27101

Wachovia Highlands Neighborhood

Estimated Value: $216,099 - $345,000

2 Beds
1.5 Baths
1,300 Sq Ft
$214/Sq Ft Est. Value

Last Sold November 21, 2018

Last sale price $102,500 $79 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $1,564/month

96 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Porch
  • Attic
  • Cottage
  • Outdoor Storage

About This Home

As of November 2018

Location! Location! Location! This cute cottage is located in the heart of West Salem. Great walkable neighborhood. Close to BB&T ballpark, Downtown, The Highways, School of the Arts, Both Hospitals, WSSU, Old Salem. Perfect for a small family or a student. Call today it will not last long!

Last Agent to Sell the Property

James Patella

Howard Hanna Allen Tate - Winston Salem License #252447 Listed on: 07/13/2018

Howard Hanna Allen Tate - Winston Salem

Last Buyer's Agent

Alicia Petitt

RE/MAX Preferred Properties License #291456

RE/MAX Preferred Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $915

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Property is zoned RM5

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1,000-1,300 Sq Ft Home
  • Property has 1 Level
  • Attic
  • Unfinished Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • No Garage
  • Driveway
  • Paved Parking

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • West Salem Subdivision

Listing and Financial Details

  • Tax Lot 109
  • Assessor Parcel Number 6835029822
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$915

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Subdivision Name: West Salem
  • Directions: South on Broad St, Right on Academy, House is the second on Right.
  • Above Grade Finished Sq Ft: 1200
  • Architectural Style: Cottage
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1920
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1300
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Flooring: Vinyl, Wood
  • Has Basement: Unfinished, Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1200
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway, Paved, No Garage
  • Garage Description: None

Utilities

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

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 #: 6835029822
  • Zoning: RM5
  • TRIADMLS_PricePerAcre: 1044545.4545
  • TRIADMLS_PlatPage: 595
  • TRIADMLS_DeedPage: 2486
  • TRIADMLS_DeedBook: 2292
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 915.39
  • Tax Lot: 109
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.3209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2020
Sold by
Carolina University
Bought by
Carolina University
Current Estimated Value
$278,275

Purchase Details

Listed on
Jul 13, 2018
Closed on
Nov 21, 2018
Sold by
Mcdonald Leonard A and Mcdonald Karen
Bought by
Piedmont Nternational University
Seller's Agent
James Patella
Howard Hanna Allen Tate - Winston Salem
Buyer's Agent
Alicia Petitt
RE/MAX Preferred Properties
List Price
$119,900
Sold Price
$102,500
Premium/Discount to List
-$17,400
-14.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.62%

Purchase Details

Closed on
Oct 24, 2002
Sold by
Ruiter Carol P
Bought by
Mcdonald Leonard A
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
Carolina University -- None Available
Piedmont Nternational University $102,500 None Available
Mcdonald Leonard A $20,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2018 11/21/18 Sold $102,500 -14.5% $103 / Sq Ft
10/18/2018 10/18/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $119,900 -- $120 / 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 -- $92,700 $26,000 $66,700
2023 $1,000 $92,700 $26,000 $66,700
2022 $1,000 $92,700 $26,000 $66,700
2021 $1,000 $92,700 $26,000 $66,700
2020 $1,000 $71,900 $15,000 $56,900
2019 $1,000 $71,900 $15,000 $56,900
2018 $915 $69,300 $15,000 $54,300
2016 $848 $64,442 $6,990 $57,452
2015 $835 $64,442 $6,990 $57,452
2014 $809 $64,442 $6,990 $57,452
Source: Public Records

Agents Affiliated with this Home

  • James Patella

    Seller's Agent in 2018

    James Patella

    Howard Hanna Allen Tate - Winston Salem

    (336) 778-3990

    155 Total Sales

    James Patella
    Section Image
  • Alicia Petitt

    Buyer's Agent in 2018

    Alicia Petitt

    RE/MAX

    (336) 918-2086

    2 in this area

    90 Total Sales

    Alicia Petitt
    Section Image
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Map

Source: Triad MLS

MLS Number: 895505

Triad MLS

APN: 6835-02-9822

North Carolina Forsyth County Winston-Salem 27101 Wachovia Highlands

705 W Academy St, Winston-Salem, NC

This home is located at 705 W Academy St, Winston Salem, NC 27101 since 13 July 2018 and is currently estimated at $278,275, approximately $214 per square foot. This property was built in 1920. 705 W Academy St is a home located in Forsyth County with nearby schools including Diggs-Latham Elementary School, Flat Rock Middle, and Reynolds High School.

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