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509 Washington Ave, Winston Salem, NC, 27101

2beds
1baths
1,110sqft
$259,900
$234price/sqft
$1,883/moest. monthly cost
$75,320/yrincome needed

About This Home

Welcome to the timeless charm of Historic West Salem. Thoughtfully painted in authentic Craftsman colors, this home is rich with original character, featuring original hardwood floors, classic millwork, vintage doors, and a spacious front porch. Its timeless architectural details are ready for your personal touch. The backyard offers a peaceful space to garden, relax, or entertain. Just a short stroll to neighborhood restaurants, boutiques, and the rich history of Old Salem, this location offers the best of city living with the comfort and privacy of an established neighborhood. Downtown Winston-Salem, major medical centers, and public transportation are just minutes away. Whether you're searching for your first home, are drawn to a historic property with character, or are looking for the opportunity to make a home your own, this West Salem gem is ready for its next chapter! *Select photos virtually enhanced/staged to illustrate design possibilities*

Getting Around

65
WalkingSomewhat Walkable
0
TransitVery Limited Transit
74
BikeVery Bikeable

Schools

6/10
Latham ElementaryGrades PK-50.7 mi
1/10
Flat Rock MiddleGrades 6-86.1 mi
3/10
Parkland HighGrades 9-122.0 mi

Construction

Condition

  • Year built: 1920

Materials

  • Construction materials: Cement Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Stick/Site Built,Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Microwave,Free-Standing Range,Electric Water Heater
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Unfinished, Basement

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Level: Main

Enclosed Porch

  • Level: Main

Features

  • Ceiling Fan(s),Freestanding Tub
  • Window features: Insulated Windows
  • Flooring: Wood
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Attic: Pull Down Stairs
  • Finished area above ground: 1,110

Heating & Cooling

  • Heating features: Forced Air,Oil
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,387
  • Total interior livable area: 1,110 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 6835119910
  • Zoning: RSQ
  • Special condition: Owner Sale

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Porch
  • Fencing: Fenced

Lot

  • Lot size: 0.17 Acres
  • Features: City Lot,Historic District
  • Lot size dimensions: 50 x 150

Parking

  • Parking features: On Street
  • 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

  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Cold Wave
Lightning
Strong Wind
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 $1,314$15,768
Home Insurance *$134$1,608
Property Taxes $235$2,820
Electricity $200$2,405
Total$1,883$22,596
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$64,560/yr
40% on housing$56,490/yr
45% on housing$50,213/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

$234This 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
2026-07-04Listed for sale$259,900

For Sale by Agent

AgentSuzanne Hagan
BrokerageThe Virtual Realty Group

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