2 months on rocket

1047 W Academy St 1111, 1109, Winston Salem, NC, 27101

$2,075,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo
Schools Nearby

Location

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1047 W Academy St 1111, 1109, Winston-Salem$2,075,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingPaved
Year Built1965
HeatingBaseboard, Forced Air, Electric
CoolingWindow Unit(s)
MLS #1137486
Lot Size1.15 Acres
StatusActive

About 1047 W Academy St 1111, 1109

Value add Opportunity. 3 buildings with 26 units in total. Centrally located minutes from downtown. 19 out of 26 units have been renovated and proven to bring market rents. These Units Are occupied DO NOT DISTURB THE TENANTS, All Showings are by appointment only. The firm owners and the Real estate agent are owners.

Property Details

Property Features

Property Information:

  • Year Built: 1965

Listing Office:

  • Office Name: GAC Management Group
  • Office Phone: (336) 671-2437
  • Listing Agent: Christian Courtney

Interior Features

Interior Information:

  • Appliances: Electric Water Heater
  • Flooring Type: Vinyl

Exterior Features

Parking Information:

  • Parking: Paved

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 1.15 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Forced Air, Electric
  • Cooling: Window Unit(s)

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 421 S Taketake exit 234 A Peters Creek Parkway Left on to Peter Creek then Left on to Academy.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,075,000
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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

$265.1K

Med. Price/SqFt

$161

Avg. Days On Market

27

# of Sold Homes

282

1047 W Academy St 1111, 1109 vs Winston-Salem

62 DAYS ON ROCKET

+35 Days

$2,075,000

+$1.8M More

KEY TAKEAWAY

This property is $1.8M 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: #1137486

Listing Office:

  • Office Name: GAC Management Group
  • Office Phone: (336) 671-2437
  • Listing Agent: Christian Courtney

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: 6/2/2024, 8:20:30 AM 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.

Payment Calculator

$10.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,287

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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-7208352
4
/10

  • Diggs-Latham Elementary School

  • 986 Hutton St

  • 0.44 miles

  • Public District Grades PK-5

Middle School

school-card-donut-7208353
1
/10

  • Flat Rock Middle School

  • 4648 Ebert Rd

  • 5.92 miles

  • Public District Grades 6-8

High School

school-card-donut-7208354
8
/10

  • Early College of Forsyth County

  • 2100 Silas Creek Pkwy

  • 1.48 miles

  • Public District Grades 9-12

school-card-donut-7208355
2
/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 $18,263. Typical income of Winston-Salem, NC residents is less than $35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1047 W Academy St 1111, 1109

What is the listing price of this property?

The listing price of 1047 W Academy St 1111, 1109 property is $2,075,000.

What type of property is this?

The property 1047 W Academy St 1111, 1109 is a condo located in Winston Salem, North Carolina, 27101.

Is this property for sale now?

Active Listing: 1047 W Academy St 1111, 1109 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1047 W Academy St 1111, 1109 are:
Diggs-Latham Elementary School: GreatSchools Rating 4/10
Flat Rock Middle School: GreatSchools Rating 1/10
Early College of Forsyth County: GreatSchools Rating 8/10
Parkland High School: GreatSchools Rating 2/10

What is the square footage of this property?

The property 1047 W Academy St 1111, 1109 is 0 - 0 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1047 W Academy St 1111, 1109 is 1965.

Rocket Homes›North Carolina›Forsyth County›Winston-Salem›27101›1047 W Academy St 1111, 1109

This home is located at 1047 W Academy St 1111, 1109 in Winston Salem, NC and zip code 27101 in the Wachovia Highlands neighborhood. This home was built in 1965. It has been listed on Rocket Homes since April 01, 2024 and is currently priced at $2,075,000.

Winston-Salem, NC housing market in May 2024 saw over 100 listings sold above listed price, more than 58 sold at listed price and over 124 sold below. The number of listings in Winston-Salem, NC increased by 2.5% between April 2024 and May 2024. In May 2024 median list price was $265,191 and the average listing age was 27 days.

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

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