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1240 Sprague St

Winston Salem, NC 27107

6 bd 3 ba 1,960 sqft Built 1940 Lot 6,098 sqft single_family
Most recent sale
$175,000
Sep 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 5, 2024 Listed for rent $650 TurboTenant
Dec 4, 2024 Listed for rent $650 TurboTenant
Sep 21, 2023 Listed for rent $690 Rentberry
Sep 6, 2022 Sold $175,000 MLS #1070832
May 24, 2022 Listed $175,000 MLS #1070832
Sep 19, 2013 Listing removed $19,900 TriadMLS
Sep 17, 2013 Listed $19,900 MLS #685208
Sep 10, 2013 Listing removed $28,700 TriadMLS
Sep 9, 2013 Relisted $28,700 MLS #673522
Aug 8, 2013 Listing removed $28,700 TriadMLS
Aug 6, 2013 Relisted $28,700 MLS #673522
Jul 19, 2013 Listing removed $28,700 TriadMLS
Jun 6, 2013 Price changed $28,700 MLS #673522
May 30, 2013 Listed $31,900 MLS #673522

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $62,800 $5,500 $68,300 $958
2022 $50,900 $5,500 $56,400 $740
2021 $50,900 $5,500 $56,400 $727
2020 $46,100 $5,500 $51,600 $713
2019 $46,100 $5,500 $51,600 $718
2018 $46,100 $5,500 $51,600 $682
2017 $46,100 $5,500 $51,600 $682
2016 $48,986 $6,500 $55,500 $730
2015 $48,986 $6,500 $55,500 $719
2014 $48,986 $6,500 $55,500 $698
2013 $48,986 $6,500 $55,500 $692
2012 $103,090 $9,500 $112,590 $657
2011 $103,090 $9,500 $112,590 $648
2010 $103,090 $9,500 $112,590 $648
2009 $103,090 $9,500 $112,590 $644
2008 $95,486 $9,000 $104,486 $620
2007 $95,486 $9,000 $104,486 $621

Property facts

Year built
1940
Property type
single_family
Stories
2
Beds
6
Baths
3
Living area
1,960 sqft
Lot size
6,098 sqft
ZIP code
27107
City
Winston Salem
Street
Sprague St
Coordinates
36.06707, -80.21208

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,050
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1240 Sprague St last sell?
1240 Sprague St most recently sold on Sep 6, 2022 for $175,000.
What is the current tax assessment for 1240 Sprague St?
The most recent total assessment for 1240 Sprague St (year 2024) is $68,300 with $958 in property tax.
How does 1240 Sprague St's assessment compare to its last sale price?
The current assessment is 61.0% below the last sale price of $175,000.
When was 1240 Sprague St built?
1240 Sprague St was built in 1940.
How does 1240 Sprague St compare to others on Sprague St?
We track 8 other properties on Sprague St. Browse the list under "Other properties on Sprague St" to compare beds, baths, and sale history.
What are the property facts for 1240 Sprague St?
1240 Sprague St is a 6 bed, 3 bath, 1,960 sqft, 6,098 sqft lot single_family.
Is 1240 Sprague St a flip candidate?
No — 1240 Sprague St does not appear in our flips dataset.
Is 1240 Sprague St a tax-appeal candidate?
No — 1240 Sprague St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.7%
Implied 1-yr
-6.6%
2026 Q3
$317.5K
2026 Q4
$311.6K
ZIP 27107 — Median Price History + Forecast

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