1040 Melrose St
Winston Salem, NC 27103
3 bd 2 ba 1,496 sqft Built 1940 Lot 10,019 sqft single_family
Most recent sale
$315,000
Apr 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 29, 2022 | Sold | $315,000 | MLS #1062847 |
| Mar 25, 2022 | Listed | $300,000 | MLS #1062847 |
| Feb 28, 2014 | Sold | $155,000 | Public Record |
| Feb 27, 2014 | Listing removed | $159,000 | TriadMLS |
| Feb 12, 2014 | Listed | $159,000 | MLS #697419 |
| Nov 19, 2013 | Listing removed | $169,000 | TriadMLS |
| Aug 26, 2013 | Price changed | $169,000 | MLS #674310 |
| Aug 7, 2013 | Price changed | $175,000 | MLS #674310 |
| May 17, 2013 | Listed | $179,900 | MLS #674310 |
| Feb 26, 2013 | Listing removed | $125,000 | TriadMLS |
| May 3, 2012 | Price changed | $125,000 | MLS #624715 |
| Mar 12, 2012 | Price changed | $133,000 | MLS #624715 |
| Oct 3, 2011 | Listed | $137,000 | MLS #624715 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $129,800 | $57,200 | $187,000 | $2,623 |
| 2022 | $129,800 | $57,200 | $187,000 | $2,456 |
| 2021 | $129,800 | $57,200 | $187,000 | $2,412 |
| 2020 | $103,900 | $52,800 | $156,700 | $2,164 |
| 2019 | $103,900 | $52,800 | $156,700 | $2,180 |
| 2018 | $103,900 | $52,800 | $156,700 | $2,070 |
| 2017 | $103,900 | $52,800 | $156,700 | $2,070 |
| 2016 | $85,899 | $43,200 | $129,100 | $1,699 |
| 2015 | $85,899 | $43,200 | $129,100 | $1,673 |
| 2014 | $85,899 | $43,200 | $129,100 | $1,623 |
| 2013 | $79,304 | $43,200 | $122,500 | $1,527 |
| 2012 | $94,906 | $43,200 | $138,106 | $1,609 |
| 2011 | $94,906 | $43,200 | $138,106 | $1,587 |
| 2010 | $94,906 | $43,200 | $138,106 | $1,587 |
| 2009 | $94,906 | $43,200 | $138,106 | $1,576 |
| 2008 | $84,144 | $40,500 | $124,644 | $1,478 |
| 2007 | $84,144 | $40,500 | $124,644 | $1,478 |
Property facts
Year built
1940
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,496 sqft
Lot size
10,019 sqft
ZIP code
27103
City
Winston Salem
Street
Melrose St
Coordinates
36.07871, -80.27568
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,020
Gross rental yield
7.70%
Implied cap rate
5.00%
Trend-extrapolated value
—
Frequently asked questions
When did 1040 Melrose St last sell?
1040 Melrose St most recently sold on Apr 29, 2022 for $315,000.
What is the current tax assessment for 1040 Melrose St?
The most recent total assessment for 1040 Melrose St (year 2024) is $187,000 with $2,623 in property tax.
How does 1040 Melrose St's assessment compare to its last sale price?
The current assessment is 40.6% below the last sale price of $315,000.
When was 1040 Melrose St built?
1040 Melrose St was built in 1940.
How does 1040 Melrose St compare to others on Melrose St?
We track 8 other properties on Melrose St. Browse the list under "Other properties on Melrose St" to compare beds, baths, and sale history.
What are the property facts for 1040 Melrose St?
1040 Melrose St is a 3 bed, 2 bath, 1,496 sqft, 10,019 sqft lot single_family.
Is 1040 Melrose St a flip candidate?
No — 1040 Melrose St does not appear in our flips dataset.
Is 1040 Melrose St a tax-appeal candidate?
No — 1040 Melrose St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.4%
Implied 1-yr
+1.7%
2026 Q3
$336K
2026 Q4
$337.4K
ZIP 27103 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Melrose St