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124 West Sprague Street

124 West Sprague Street, Winston Salem, NC 27127
Sold Aug 31, 2022
$280,500
$240,100 by Premier Lending Inc
Mortgage Due Sep 01, 2052
Sold Dec 13, 2019
$187,500
$178,125 by United Wholesale Mortgage
Mortgage Due Jan 01, 2050
124 West Sprague Street has been categorized by the local assessors in Winston Salem, NC as a residential type of property. The building on the property was first built in 1925 and is 99 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 124 West Sprague Street has 1,870 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,405 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 256 sqft. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B+ by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of asbestos shingle. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 124 West Sprague Street sold most recently in Aug 29, 2022 for a total of $280,500. If you work out the math, that's approximately a cost of $107.47 per sqft. Before that, the property was also sold for $187,500 in Dec 11, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,328 in taxes each year. 124 West Sprague Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $177,200. If we break it down further, the land itself was valued at $34,000. Improvements to the property, however, were assessed at a total of $143,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Wood Exterior

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: B+
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Asbestos shingle
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unfinished basement
  • Basement Area: 740
  • Garage Type: Carport
  • Garage Square Area: 256
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,610
  • Gross Building Area: 2,610
  • Building Area: 1,870
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,870
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CENTRAL TERRACE
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO000R BL0681

Ownership

  • Current Owner : GABLE TRAVIS LEE
  • Current Owner 2: GABLE BROOKE LEADBETTER
  • Previous Owner : POWERS
  • Previous Owner 2: JONATHAN
  • Owner Before Previous Owner: ECKLUND EDWARD C
  • Owner Before Previous Owner 2: MCCALL DONALD F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Forsyth County Schools
  • Census Tract: 001902

Zoning

  • Zoning: RS7

Geography

  • Assessors Map Reference: PM6834
  • Parcel: 6834-26-9389.000
  • Block: 0681
  • Lot: R
  • Municipality: WINSTON-SALEM
  • Latitude: 36.0693
  • Longitude: -80.2418

    Address

  • Full Address: 124 W Sprague St
  • Address - House Number: 124
  • Street Direction: W
  • Address - Street Name: Sprague
  • Address - Suffix Type: St
  • State: NC
  • City Name: Winston Salem
  • Carrier Code: C062
  • 4-Digit Zip Code: 2946
  • Zip Code: 27127

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,328

    Appraisal Valuation

  • Standard Deviation: 0.2332
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 67
  • Final Value: 305,070
  • High Value: 376,243
  • Low Value: 233,897

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,100
  • First Open Lien Mortgage Lender: PREMIER LENDING INC
  • First Open Lien Mortgage Recording Date: Aug 31, 2022
  • First Open Lien Mortgage Loan Amount: $240,100
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $177,200
  • Market Land Value: $34,000
  • Market Improvement Value: $143,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $177,200
  • Assessed Land Value: $34,000
  • Assessed Improvements Value: $143,200

    Sales

  • Current Sale Contract Date: Aug 29, 2022
  • Current Sale Recording Date: Aug 31, 2022
  • Current Sale Transaction ID: 11895492721
  • Current Sale Price: $280,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 40530
  • Previous Sale Recording Date: Dec 13, 2019
  • Previous Sale Contract Date: Dec 11, 2019
  • Previous Sale Amount: $187,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PREMIER LENDING INC
  • First Mortgage Transaction Date: Aug 31, 2022
  • First Mortgage Loan Amount: $240,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Dec 13, 2019
  • Previous Mortgage Loan Amount: $178,125
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2050

About Washington Park



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Frequently Asked Questions

What neighborhood is 124 West Sprague Street located in?
The 124 West Sprague Street is a house located in the neighborhood of Washington Park in Washington Park, Winston Salem.
What is the average sales price for listings in 124 West Sprague Street?
The average sales price for units in 124 West Sprague Street is $0 currently.

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