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$415,000   Price Analysis
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925 Walnut St
Winston Salem, NC 27101
3 bed 2 bath unknown SqFt ($0/SqFt)
0.34 acre lot. Built 1955
Listed 2024-05-08, Taxes $1,623
Ⓧ USDA Ineligible
due to location

near WinstonSalem

This property is currently being operated as a duplex and has been priced to be a turn-key and cash flowing investment property.

The top unit is 2 bed/1bath and is currently a long term rental generating $1700/month. The bottom unit has a private entrance at the rear of the home and is operating as a mid-term rental with 1 bed/1 bath with average mnthly rent at $2200/month when actively rented.

Showings of the top unit will be allowed after terms are agreed upon to minimize disturbing the tenants. The bottom unit is available for showings. The driveway to the bottom unit is off of Washington St behind the property. Please do not disturb the tenants in the top unit. All furnishings in the bottom unit can be negotiated as part of the sale. Owner is a licensed NC real estate agent.


Presented by Tehane Gallimore at
Wayfinder Homes LLC.
Listing Agent Photo

Property MLS #1141785 from TriadMLS

Bedrooms: 3

Total Rooms: 10
Basement Features: Finished, Basement

Total Bathrooms: 2
Full Bathrooms: 2
Bathrooms On Main Level: 1
Full Bathrooms On Main Level: 1
Full Bathrooms On Basement Level: 1

Total Heated Finished SqFt Range: 2100 - 2500

Gas Water Heater

Cooling Features: Central Air
Heating Features: Forced Air, Electric, Natural Gas
Heating Fuel: Electric, Natural Gas
Water Heaters: Gas

Lot Size Acres: 0.34
Lot Size Dimensions: 92' x 208' x 76' x 158'
Lot Size Square Feet: 14810

Garage Spaces: 1
Garage Description: Attached Garage
Parking Features: Driveway, Garage, On Street, Attached

Porch: Yes

Elementary School: Diggs-Latham
High School: Parkland
Middle School: Flat Rock

Latham Elementary is a public elementary school located approximately 0.5 miles away.
directions icon Map directions

Parkland High is a public high school located approximately 1.8 miles away.
directions icon Map directions

Flat Rock Middle is a public middle school located approximately 5.9 miles away.
directions icon Map directions

Salem Baptist Christian School is a private elementary, middle and high school located approximately 0.4 miles away.
directions icon Map directions

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 1653
Source Listing Status: Active
County: Forsyth
Directions: Head east on 4th St NW toward N Liberty St. Turn right at the 1st cross street onto N Liberty St. Continue onto Old Salem Rd. At the traffic circle, take the 1st exit onto Salem Ave W. Turn right onto S Broad St. Turn left onto Walnut St SW
Tax Year: 2022
Source Property Type: Residential
Source Neighborhood: Granville Park
Subdivision: Granville Park
Zoning: RS7
Property Subtype: Stick/Site Built
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$83,200 + $42,600
$125,800
$1,623
2020$52,400 + $27,500
$79,900
$1,103
2019$52,400 + $27,500
$79,900
$1,111
2018$52,400 + $27,500
$79,900
$1,055
2017$52,400 + $27,500
$79,900
$1,055
2016$77,771 + $27,640
$105,400
$1,387
2015$66,416 + $27,640
$94,100
$1,219
2014$66,416 + $27,640
$94,100
$1,182
2013$66,416 + $27,640
$94,100
$1,173
2012$91,424 + $25,674
$117,098
$1,364
2011$91,424 + $25,674
$117,098
$1,345
2010$91,424 + $25,674
$117,098
$1,345
2009$91,424 + $25,674
$117,098
$1,336
2008$87,164 + $15,295
$102,459
$1,215
2007$87,164 + $15,295
$102,459
$1,215

Listed 2024-05-08
$415,000
TriadMLS
Sold 2021-07-27
$267,500
TriadMLS
Listing removed 2021-06-04
$0
TriadMLS
Listed 2021-04-01
$289,900
TriadMLS
Sold 2015-09-30
$50,000
TriadMLS
Price Changed 2015-08-31
$79,000
TriadMLS
Listed 2015-08-05
$75,000
TriadMLS
Listing removed 2014-07-29
$1,200
TriadMLS
Listed for rent 2014-07-03
$1,200
TriadMLS
Sold 1995-06-30
$60,500
Public Record

Year Built: 1955
Construction Materials: Vinyl Siding
Levels: One
Property Age: 69
Structure Type: House

Sewer: Public Sewer
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.