17 days on rocket

Sale Pending

524 SW Washington Ave, Winston Salem, NC, 27101

$450,000

Home List Price

$5,344*

Closing Credit

0 Baths
Condo
Schools Nearby

Location

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524 SW Washington Ave, Winston-Salem$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn Street
Year Built1905
HeatingForced Air, Natural Gas
CoolingCentral Air
MLS #1139113
StatusSale Pending
(Pending)

About 524 SW Washington Ave

Incredible investment opportunity! Fully occupied 6-plex in excellent location! Close to School of the Arts, Old Salem, and downtown nestled in between West Salem and Washington Park. Stainless steel appliances in all units. Claw foot tubs in several units. Large front porch. Stackable washer and dryer in lobby for tenants to use. 6 apartments total! 5 studio and 1 one bedroom apartment with total rents of $4,880. Downstairs units each have private exterior entrances and upstairs units share an exterior entrance from the hallway. Owner pays all utilities. Please do not disturb tenants. Please text agent for showing appointment or schedule on Showingtime. *SHOWING SUNDAY 4/21 FROM 12-2PM* Showings limited to once per week to accommodate tenants.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1905

Listing Office:

  • Office Name: Keller Williams Realty Elite
  • Office Phone: (336) 283-8691
  • Listing Agent: Jordan Laham

Interior Features

Interior Information:

  • Appliances: Electric Water Heater

Exterior Features

Parking Information:

  • Parking: On Street

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Early College of Forsyth County, Public District Grades 9-12
  • Parkland High School, Public District Grades 9-12
  • Flat Rock Middle School, Public District Grades 6-8
  • Diggs-Latham Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From S Hawthorne, turn right onto W Academy St. Take a left onto Granville Dr and the first right onto W Academy St. After you take a right onto S Broad St, take the 2nd left onto Washington Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
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Housing Market Comparison

See how this home compares to others in Winston-Salem, NC.

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Winston-Salem, NC

City

Med. Sold Price

$265.2K

Med. Price/SqFt

$160

Avg. Days On Market

32

# of Sold Homes

197

524 SW Washington Ave vs Winston-Salem

17 DAYS ON ROCKET

-15 Days

$450,000

+$184.7K More

KEY TAKEAWAY

This property is $184.7K more than the Median Sold Price in Winston-Salem, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triad MLS
  • MLS Number: #1139113

Listing Office:

  • Office Name: Keller Williams Realty Elite
  • Office Phone: (336) 283-8691
  • Listing Agent: Jordan Laham

IDX Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 2:25:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$2,313

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3154483
2
/10

  • Diggs-Latham Elementary School

  • 986 Hutton St

  • 0.67 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3154484
4
/10

  • Flat Rock Middle School

  • 4648 Ebert Rd

  • 6.07 miles

  • Public District Grades 6-8

High School

school-card-donut-3154485
9
/10

  • Early College of Forsyth County

  • 2100 Silas Creek Pkwy

  • 1.78 miles

  • Public District Grades 9-12

school-card-donut-3154486
1
/10

  • Parkland High School

  • 1600 Brewer Rd

  • 1.94 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,964. The majority of Winston-Salem, NC residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 524 SW Washington Ave

What is the listing price of this property?

The listing price of 524 SW Washington Ave property is $450,000.

What type of property is this?

The property 524 SW Washington Ave is a condo located in Winston Salem, North Carolina, 27101.

Is this property for sale now?

Sale Pending: 524 SW Washington Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 524 SW Washington Ave are:
Diggs-Latham Elementary School: GreatSchools Rating 2/10
Flat Rock Middle School: GreatSchools Rating 4/10
Early College of Forsyth County: GreatSchools Rating 9/10
Parkland High School: GreatSchools Rating 1/10

What is the square footage of this property?

The property 524 SW Washington Ave is 0 - 0 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 524 SW Washington Ave is 1905.

Rocket Homes›North Carolina›Forsyth County›Winston-Salem›27101›524 SW Washington Ave

This home is located at 524 SW Washington Ave in Winston Salem, NC and zip code 27101 in the South Marshall neighborhood. This home was built in 1905. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $450,000.

While more than 56 listings in Winston-Salem, NC in March 2024 were sold above asking price, there were more than 53 listings sold at asking price, and more than 88 were sold below. In March 2024 in Winston-Salem, NC there were 17.4% more homes for sale than in February 2024. Listings spent 32 days on the market in March 2024, and had a median list price of $265,276 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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