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520 Gales Ave, Winston Salem, NC, 27103

3beds
2baths
1,520sqft
$349,000
$230price/sqft
$2,418/moest. monthly cost
$96,720/yrincome needed

About This Home

SELLER CONCESSION OF $10,000 FOR THIS CHARMER! Virtual staging has been added to some photos. Featuring 3 bedrooms and 2 full baths, this home offers warmth and charm with a cozy fireplace with gas logs, inviting front porch and a spacious sunroom perfect for relaxing or entertaining. The thoughtfully designed layout includes a fully fenced backyard—ideal for gatherings, pets, or quiet outdoor enjoyment. Additional features include a security system and a convenient drive-in basement garage. Enjoy the charm of tree-lined streets and sidewalks, all while being just minutes from local restaurants, shopping, and major medical centers. Oak hardwood floors are believed to be beneath the vinyl plank flooring per the seller.

Getting Around

45
WalkingCar-Dependent
0
TransitVery Limited Transit
54
BikeBikeable

Schools

7/10
Brunson ElementaryGrades PK-50.7 mi
1/10
Wiley MiddleGrades 6-80.9 mi
4/10
Reynolds HighGrades 9-121.2 mi

Construction

Condition

  • Year built: 1951

Materials

  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Microwave,Dishwasher,Free-Standing Range,Gas Water Heater
  • Laundry features: Dryer Connection,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Unfinished, Basement

Bedroom2

  • Level: Main

Bedroom3

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1

Dining Room

  • Level: Main

Features

  • Built-in Features,Ceiling Fan(s)
  • Flooring: Carpet,Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Gas Log,Living Room
  • Fireplace: Yes
  • Finished area above ground: 1,520

Heating & Cooling

  • Heating features: Fireplace(s),Heat Pump,Electric,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,552
  • Total interior livable area: 1,520 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 6825621143
  • Zoning: RS7
  • Special condition: Owner Sale

Features

  • Levels: One and One Half
  • Stories: 1
  • Pool features: None
  • Patio & porch: Porch
  • Fencing: Fenced,Privacy

Lot

  • Lot size: 0.20 Acres
  • Features: City Lot,Historic District,Corner Lot

Parking

  • Total spaces: 1
  • Parking features: Driveway,Garage,Garage Door Opener,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

  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Ice Storm
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 $1,764$21,168
Home Insurance *$138$1,656
Property Taxes $316$3,792
Electricity $200$2,405
Total$2,418$29,016
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$82,902/yr
40% on housing$72,540/yr
45% on housing$64,480/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

$230This listing

vs Other Active Listings

Avg $/sqft

ZIP 27103$136
Forsyth County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 27103$181
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
2026-03-13Listed for sale$385,000
2026-02-20Listing removed$399,950
2026-01-09Price change$399,950
2025-10-09Price change$410,000
2025-10-03Listed for sale$425,000

For Sale by Agent

AgentVicki Crutchfield
BrokerageColdwell Banker Advantage

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