NOT LISTED FOR SALE

720 W 5th St Winston Salem, NC 27101

Downtown Winston-Salem Neighborhood

Estimated Value: $1,806,541

3 Beds
1.5 Baths
1,494 Sq Ft
$1,209/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $28,000 $19 Per Sq Ft

Est. 6,352% increase in value since last sale

Current estimated payment $11,505/month

120 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • Asbestos
  • No HOA

About This Home

As of February 2014

Two story house near University Parkway. Hardwood floors and high ceilings, perfect for a first home or as a rental property. This is a Fannie Mae HomePath property. Buyer to verify all info and systems. Agents, see agent only.

Last Buyer's Agent

John Pursley

ERA Live Moore License #270832

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • No Garage

Home Design

  • Asbestos

Interior Spaces

  • 1,494 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6826759552

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Directions: From University Parkway, turn right onto Thurmond street. Turn right onto W 25th and one-half street. Property will be on the left.
  • Above Grade Finished Sq Ft: 1494
  • Unit Levels: Two
  • Year Built: 1939
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1494
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Living Area: 1494
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Construction Type: Asbestos

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Oil
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Oil
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6826759552
  • Zoning: Residential
  • TRIADMLS_DeedPage: 4414
  • TRIADMLS_DeedBook: 2274

Tax Info

  • Tax Annual Amount: 763.08
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2023
Sold by
Falcon Thistle And Harp Llc
Bought by
Gov Winston Salem Llc
Current Estimated Value
$1,806,541

Purchase Details

Closed on
May 7, 2018
Sold by
Baby Needs Shoes Llc
Bought by
The Falcon Thistle And Harp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,147,500
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
May 4, 2006
Sold by
Fowler Investment Co
Bought by
Baby Needs Shoes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,500
Interest Rate
6.28%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Gov Winston Salem Llc -- None Listed On Document
Gov Winston Salem Llc $1,725,000 None Listed On Document
The Falcon Thistle And Harp Llc $1,350,000 None Available
Baby Needs Shoes Llc $550,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Falcon Thistle And Harp Llc $1,147,500
Previous Owner The Falcon Thistle And Harp Llc $1,147,500
Previous Owner Baby Needs Shoes Llc $155,607
Previous Owner Baby Needs Shoes Llc $1,045,500
Previous Owner Baby Needs Shoes Llc $1,105,000
Previous Owner Baby Needs Shoes Llc $467,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $28,000 -34.1% $19 / Sq Ft
02/07/2014 02/07/14 Pending -- -- --
10/09/2013 10/09/13 For Sale $42,500 -- $28 / 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 $19,373 $1,311,000 $333,500 $977,500
2022 $19,034 $1,311,000 $333,500 $977,500
2021 $18,714 $1,311,000 $333,500 $977,500
2020 $17,927 $1,287,000 $333,500 $953,500
2019 $18,049 $1,218,800 $0 $0
2018 $17,196 $1,287,000 $333,500 $953,500
2016 $14,215 $1,059,050 $317,844 $741,206
2015 $14,012 $1,059,050 $317,844 $741,206
2014 $13,616 $1,059,050 $317,844 $741,206
Source: Public Records

Agents Affiliated with this Home

  • J

    Buyer's Agent in 2014

    John Pursley

    ERA Live Moore

    (336) 231-1126

    11 Total Sales

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Map

Source: Triad MLS

MLS Number: 687266

Triad MLS

APN: 6825-97-6059

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

720 W 5th St, Winston-Salem, NC

This home is located at 720 W 5th St, Winston Salem, NC 27101 since 09 October 2013 and is currently estimated at $1,806,541, approximately $1,209 per square foot. This property was built in 1939. 720 W 5th St is a home located in Forsyth County with nearby schools including Brunson Elementary School, Wiley Magnet Middle School, and Reynolds High School.

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