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1 W 5th St Suite 302, Winston Salem, NC, 27101

1beds
1baths
790sqft
$299,900
$380price/sqft
$2,070/moest. monthly cost
$82,800/yrincome needed

About This Home

Experience historic charm with modern updates in this top-floor 1-bedroom, 1-bath loft in the iconic Charles Building. This open-concept home features exposed brick walls, wood beams, hardwood floors, soaring ceilings, and a skylight that fills the space with natural light. Recent updates include all new windows and new kitchen appliances. The updated bathroom offers a large tiled walk-in shower, while the secured building includes a covered entrance, elevator access, and one parking space in the attached enclosed garage. Enjoy the shared rooftop deck with breathtaking views of the Innovation Quarter, downtown Winston-Salem, and the historic Reynolds Building. Located just one block from the Arts District, you'll be within just minutes of restaurants, shopping, and entertainment.

Getting Around

86
WalkingVery Walkable
0
TransitVery Limited Transit
73
BikeVery Bikeable

Schools

7/10
Brunson ElementaryGrades PK-51.2 mi
2/10
Wiley MiddleGrades 6-81.2 mi
4/10
Reynolds HighGrades 9-121.2 mi

Construction

Condition

  • Year built: 1925

Materials

  • Construction materials: Brick

Type & Style

  • Home type: Condo
  • Property subType: Stick/Site Built,Residential,Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Exhaust Fan,Free-Standing Range,Electric Water Heater
  • Laundry features: Dryer Connection,Main Level,Washer Hookup

Basement

  • Basement: Basement

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1

Entry

  • Level: Main

Features

  • Ceiling Fan(s),Solid Surface Counter
  • Flooring: Tile,Wood
  • Finished area above ground: 790

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 790
  • Total interior livable area: 790 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 6835273667
  • Zoning: CBWO
  • Special condition: Owner Sale
  • Other equipment: Irrigation Equipment

Features

  • Levels: One
  • Stories: 1
  • Entry location: Upper
  • Pool features: None
  • Exterior features: Sprinkler System

Lot

  • Lot size: 0.01 Acres
  • Features: City Lot
  • Lot size dimensions: CONDO

Parking

  • Total spaces: 1
  • Parking features: Assigned,Deck,On Street,Basement
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormRelatively High
  • Cold Wave
    Cold WaveModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Ice Storm
Cold Wave
Tornado
Winter Weather

FEMA Declared Disasters in Forsyth County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,516$18,192
Home Insurance *$155$1,860
Property Taxes $199$2,388
Electricity $200$2,405
Total$2,070$24,840
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$70,971/yr
40% on housing$62,100/yr
45% on housing$55,200/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$380This listing

vs Other Active Listings

Avg $/sqft

ZIP 27101$129
Forsyth County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 27101$166
Forsyth County$168

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-28Listed for sale$299,900
2026-06-21Listed for rent$1,395
2022-06-22Listing removed--
2022-05-19Listed for rent$1,395
2021-04-30Listing removed--
2021-04-13Listed for rent$1,250
2021-04-07Sold$213,750
2021-03-07Price change$219,900
2020-12-01Price change$227,500
2020-11-23Pending sale$235,000
2020-08-20Listed for sale$235,000
2015-12-14Sold$180,000
2013-08-29Sold$140,000
2008-05-23Sold$164,000
2003-09-12Sold$106,378

For Sale by Agent

AgentHeather Busnack
BrokerageeXp Realty

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