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Sold for $390,000
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  • $390,000

    511 Jersey Ave, Winston Salem, NC 27101

    --beds
    --baths
    --sqft
    Quadruplex, Multi Family
    Built in 1910
    -- sqft lot
    $394,400 Zestimate®
    $--/sqft
    $1,264 Estimated rent

    Home value

    $394,400

    $359,000 - $430,000

    $1,264/mo

    Zestimate® history
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    $2,386/mo

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    What's special

    Ideal location
    A fantastic investment opportunity in the highly sought-after West End. This quadplex boasts an ideal location just minutes from downtown, offering convenient walking access to dining, shopping, and entertainment. The property features four units: one 2-bedroom unit and three 1-bedroom units, each separately metered for power. A community laundry area provides added convenience for tenants. Don't miss out on this exceptional opportunity! Please see agent only remarks.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ashley Harris 336-409-0757,

    Keller Williams Realty Elite,

    Emily Phipps 336-813-7520,

    Keller Williams Realty Elite

    Bought with:

    NONMEMBER NONMEMBER

    nonmls

    Source: Triad MLS,MLS#: 1172489MLS LogoOriginating MLS: Winston-Salem

    Facts & features

    Interior

    Heating
    • Multiple Systems, Electric
    Cooling
    • Multi Units
    Appliances
    • Included: Electric Water Heater
    • Laundry: Common Area
    Features
    • Flooring: Tile, Wood
    • Has basement: Yes
    • Has fireplace: No

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Pool features: None
    Lot
    • Size: 0.24 Acres
    Details
    • Parcel number: 6825778286
    • Zoning: RSQ HO
    • Special conditions: Owner Sale

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Vinyl Siding
    Condition
    • Historic
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: West End
    HOA
    • Has HOA: No
    Location
    • Region: Winston Salem

    Financial & listing details

    • Tax assessed value: $555,700
    • Annual tax amount: $7,779
    • Date on market: 3/7/2025
    • Cumulative days on market: 74 days
    • Listing agreement: Exclusive Right To Sell

    Price history

    DateEventPrice
    7/18/2025Sold$390,000-2.5%
    Source: Triad MLS #1172489 Report a problem
    6/5/2025Pending sale$400,000
    Source: Triad MLS #1172489 Report a problem
    6/4/2025Listed for sale$400,000
    Source: Triad MLS #1172489 Report a problem
    5/19/2025Listing removed$400,000
    Source: Triad MLS #1172489 Report a problem
    5/2/2025Pending sale$400,000
    Source: Triad MLS #1172489 Report a problem
    4/24/2025Price change$400,000-7%
    Source: Triad MLS #1172489 Report a problem
    4/7/2025Price change$430,000-4.4%
    Source: Triad MLS #1172489 Report a problem
    3/7/2025Listed for sale$450,000+8.8%
    Source: Triad MLS #1172489 Report a problem
    5/19/2021Sold$413,500-3.8%
    Source: Triad MLS #1010936 Report a problem
    3/25/2021Pending sale$430,000
    Source: Triad MLS #1010936 Report a problem
    3/15/2021Listed for sale$430,000
    Source: Triad MLS #1010936 Report a problem
    2/8/2021Pending sale$430,000
    Source: Leonard Ryden Burr Real Estate #1010936 Report a problem
    2/1/2021Listed for sale$430,000+43.3%
    Source: Leonard Ryden Burr Real Estate #1010936 Report a problem
    2/23/2018Sold$300,000-6.3%
    Source: Triad MLS #860769 Report a problem
    2/4/2018Pending sale$320,000
    Source: Leonard Ryden Burr Real Estate #860769 Report a problem
    12/11/2017Listed for sale$320,000+30.6%
    Source: Leonard Ryden Burr Real Estate #860769 Report a problem
    8/14/2008Sold$245,000+104.2%
    Source: Public Record Report a problem
    4/9/2001Sold$120,000-2%
    Source: Triad MLS #W124131 Report a problem
    9/3/1998Sold$122,500
    Source: Triad MLS #W96101 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,125 +44.1%$555,700 +83.4%
    2024$4,250 +4.8%$303,000
    2023$4,057 +1.9%$303,000
    2022$3,981 +1.8%$303,000
    2021$3,909 $303,000 +14.3%
    2020-- $265,200
    2019-- $265,200
    2018-- $265,200 +11.4%
    2016$3,503 +13.6%$237,986
    2015$3,084 +3.1%$237,986
    2014$2,991 $237,986
    2013-- $237,986 -1.3%
    2012-- $241,092
    2011-- $241,092
    2010-- $241,092 +121.7%
    2000-- $108,748
    Find assessor info on the county website

    Neighborhood: Westend

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $394,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $394,400