531 Wells St
Winston Salem, NC 27127
2 bd 1 ba 1,066 sqft Built 1938 single_family
Most recent sale
$128,000
Jun 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 24, 2022 | Sold | $128,000 | MLS #1068519 |
| May 6, 2022 | Listed | $118,000 | MLS #1068519 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $41,600 | $24,300 | $65,900 | $924 |
| 2022 | $34,700 | $24,300 | $59,000 | $775 |
| 2021 | $34,700 | $24,300 | $59,000 | $389 |
| 2020 | $32,500 | $4,900 | $37,400 | $171 |
| 2019 | $32,500 | $4,900 | $37,400 | $172 |
| 2018 | $32,500 | $4,900 | $37,400 | $164 |
| 2017 | $32,500 | $4,900 | $37,400 | $164 |
| 2016 | $31,398 | $4,050 | $35,400 | $137 |
| 2015 | $31,398 | $4,050 | $35,400 | $135 |
| 2014 | $31,398 | $4,050 | $35,400 | $131 |
| 2013 | $31,398 | $4,050 | $35,400 | $130 |
| 2012 | $42,361 | $7,560 | $49,921 | $290 |
| 2011 | $42,361 | $7,560 | $49,921 | $286 |
| 2010 | $42,361 | $7,560 | $49,921 | $286 |
| 2009 | $42,361 | $7,560 | $49,921 | $284 |
| 2008 | $42,947 | $6,480 | $49,427 | $289 |
| 2007 | $42,947 | $6,480 | $49,427 | $301 |
Property facts
Year built
1938
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,066 sqft
Lot size
—
ZIP code
27127
City
Winston Salem
Street
Wells St
Coordinates
36.06708, -80.24831
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,439
Gross rental yield
13.49%
Implied cap rate
8.77%
Trend-extrapolated value
—
Frequently asked questions
When did 531 Wells St last sell?
531 Wells St most recently sold on Jun 24, 2022 for $128,000.
What is the current tax assessment for 531 Wells St?
The most recent total assessment for 531 Wells St (year 2024) is $65,900 with $924 in property tax.
How does 531 Wells St's assessment compare to its last sale price?
The current assessment is 48.5% below the last sale price of $128,000.
When was 531 Wells St built?
531 Wells St was built in 1938.
How does 531 Wells St compare to others on Wells St?
We track 3 other properties on Wells St. Browse the list under "Other properties on Wells St" to compare beds, baths, and sale history.
What are the property facts for 531 Wells St?
531 Wells St is a 2 bed, 1 bath, 1,066 sqft single_family.
Is 531 Wells St a flip candidate?
No — 531 Wells St does not appear in our flips dataset.
Is 531 Wells St a tax-appeal candidate?
No — 531 Wells 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
-3.7%
Implied 1-yr
-14.9%
2026 Q3
$212.2K
2026 Q4
$201.8K
ZIP 27127 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Wells St