Pending

$185,000

502 Osborne Rd, Winston Salem, NC 27103

3beds

1,000sqft

Est.:

Stick/Site Built, Residential, Single Family Residence

Built in 1965

0.57 Acres Lot

$187,200 Zestimate^®

$--/sqft

$-- HOA

What's special

Room for a garden

Opportunity knocks in Winston-Salem! This home offers solid potential for an investor or first-time buyer ready to add some sweat equity. Being sold AS-IS, it needs some work but comes with a strong rental history—making it a great option for those looking to build value or expand a portfolio. The layout provides a good flow between the living area and kitchen with breakfast area. 3 bedrooms offer flexibility for a variety of needs. Outside, there’s room for a garden or to create your own outdoor space over time. Conveniently located near shopping and major highways, this property combines location with upside. Whether you’re looking for your next project or a place to make your own, with just a little work this house will be ready to call home

12 days

439

27

Facts & features

Interior

Bedrooms & bathrooms

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

Primary bedroom

Level: Main
Dimensions: 12.83 x 10.58

Bedroom 2

Level: Main
Dimensions: 11 x 9.58

Bedroom 3

Level: Main
Dimensions: 10 x 10

Breakfast

Level: Main
Dimensions: 10.5 x 7

Kitchen

Level: Main
Dimensions: 10.5 x 10

Living room

Level: Main
Dimensions: 15.83 x 13.33

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Microwave, Free-Standing Range, Electric Water Heater
Laundry: Main Level

Features

Dead Bolt(s)
Flooring: Carpet, Vinyl
Basement: Crawl Space
Attic: Access Only
Has fireplace: No

Interior area

Total structure area: 1,000
Total interior livable area: 1,000 sqft
Finished area above ground: 1,000

Property

Parking

Total spaces: 1
Parking features: Driveway, Garage, Attached
Attached garage spaces: 1
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Patio & porch: Porch
Exterior features: Garden
Pool features: None
Fencing: None

Lot

Size: 0.57 Acres
Features: City Lot, Not in Flood Zone

Details

Parcel number: 6803399721000
Zoning: RS9
Special conditions: Owner Sale

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Stick/Site Built, Residential, Single Family Residence

Materials

Brick

Condition

Year built: 1965

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Somerset

HOA

Has HOA: No

Location

Region: Winston Salem

Financial & listing details

Tax assessed value: $177,000
Annual tax amount: $1,951
Date on market: 4/17/2026
Cumulative days on market: 12 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA,VA Loan

Estimated market value

$187,200

$178,000 - $197,000

$1,450/mo

Price history

Date	Event	Price
4/19/2026	Pending sale	$185,000
Source: Triad MLS #1215874 Report a problem
4/17/2026	Listed for sale	$185,000+29.2%
Source: Triad MLS #1215874 Report a problem
3/24/2022	Listing removed	--
Source: Zillow Rental Network Premium Report a problem
3/16/2022	Listed for rent	$1,395+7.7%$1/sqft
Source: Zillow Rental Network Premium Report a problem
6/18/2021	Listing removed	--
Source: Zillow Rental Network Premium Report a problem
5/10/2021	Listed for rent	$1,295+43.9%$1/sqft
Source: Zillow Rental Network Premium Report a problem
5/4/2021	Sold	$143,135+104.5%
Source: Triad MLS #1017680 Report a problem
10/31/2018	Listing removed	$900$1/sqft
Source: Signature Real Estate #900407 Report a problem
10/1/2018	Price change	$900-5.3%$1/sqft
Source: Signature Real Estate #900407 Report a problem
8/18/2018	Listed for rent	$950$1/sqft
Source: Signature Real Estate #900407 Report a problem
11/13/2017	Sold	$70,000$70/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,951 +20.8%	$177,000 +53.8%
2024	$1,615 +4.8%	$115,100
2023	$1,541	$115,100
2022	--	$115,100 +0.2%
2021	$1,482 +29.8%	$114,900 +38.9%
2020	$1,142 -0.7%	$82,700
2019	$1,150 +5.3%	$82,700
2018	$1,092	$82,700 +10.5%
2016	$1,092 +12.5%	$74,853
2015	$971 +3.1%	$74,853
2014	$941	$74,853
2013	--	$74,853 -18.5%
2012	--	$91,837
2011	--	$91,837
2010	--	$91,837
2009	--	$91,837