NOT LISTED FOR SALE

Estimated Value: $797,000 - $1,107,214

5 Beds
4 Baths
5,998 Sq Ft
$166/Sq Ft Est. Value

About This Home

This home is located at 848 W 5th St, Winston Salem, NC 27101 and is currently estimated at $997,071, approximately $166 per square foot. 848 W 5th St is a home located in Forsyth County with nearby schools including Wiley Magnet Middle School, Reynolds High School, and The Arts Based School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2023
Sold by
848 West Fifth Llc
Bought by
Boutique Wellness Nc Llc
Current Estimated Value
$997,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,400
Interest Rate
6.81%

Purchase Details

Closed on
Jan 24, 2014
Sold by
Hutchins Lorna P
Bought by
Thie Historic Preservation Foundation Of

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
4.51%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 22, 2014
Sold by
The Historic Preservation Foundation Of
Bought by
848 West Fifth Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
4.51%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Boutique Wellness Nc Llc $1,100,000 Chicago Title
Thie Historic Preservation Foundation Of $203,000 None Available
848 West Fifth Llc $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boutique Wellness Nc Llc $459,000
Closed Boutique Wellness Nc Llc $446,400
Closed Boutique Wellness Nc Llc $558,000
Previous Owner 848 West Fifth Llc $407,077
Previous Owner 848 West Fifth Llc $372,000
Previous Owner 848 West Fifth Llc $576,463
Previous Owner Thie Historic Preservation Foundation Of $382,500
Previous Owner 848 West Fifth Llc $382,500
Previous Owner Hutchins Lorna P $196,000
Previous Owner Hutchins Joseph R $93,083
Previous Owner Hutchins Joseph R $97,630
Previous Owner Hutchins Joseph R $50,000
Previous Owner Hutchins Joseph R $100,000
Previous Owner Hutchins Joseph R $65,000
Previous Owner Hutchins Joseph R $100,000
Source: Public Records

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 $4,607 $688,300 $348,800 $339,500
2022 $4,521 $688,300 $348,800 $339,500
2021 $4,440 $688,300 $348,800 $339,500
2020 $4,549 $658,900 $348,800 $310,100
2019 $4,582 $658,900 $348,800 $310,100
2018 $4,352 $658,900 $348,800 $310,100
2016 $4,027 $611,970 $332,424 $279,546
2015 $7,932 $0 $0 $0
2014 $2,455 $390,655 $332,424 $58,231
Source: Public Records

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