2050 E 5th St, Winston Salem, NC 27101 Property Records

Forsyth County property record for 2050 E 5th St, Winston Salem, NC 27101

Property Summary

Property TypeCommercial
Details10,000 sqft · built 1989
Lot Size0.92 acres (40,075 sqft)
OwnerCompany Name on File
Last Sale$585,000 (May 2021)
Tax Bill$7,652 (2025)
Deeds & MortgagesMay 2021 Sale
May 2021 Sale & Mortgage
+ 1 more
Flood ZoneZone X (minimal risk)
APN6845-06-7709.00

Property Details

APN / Parcel Number

Primary APN6845-06-7709.00
Alternative APNs
  • 6845-06-7709.000
  • 2440101X

Interior

Stories1 Story
Building Area10,000 sqft Gross Area

Exterior

Year BuiltBuilt 1989
Effective Year BuiltEffective 1989
Exterior MaterialCombination
Construction TypeSteel Frame
Foundation TypeConcrete
Roof TypeGable
Roof MaterialMetal
Lot Area40,075 sqft (0.92 acres)

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemSpace Heater

Location & Zoning

Street Address2050 E 5TH ST
CityWINSTON SALEM
StateNC
Zip27101-4746
Property CategoryCommercial
Property TypeCommercial > Retail
Local Zoning CodeGI
Legal DescriptionVACANT LO:101X BL:2440 BU:1
Legal SubdivisionI -40 EAST COMMERCIALS
Legal Block2440
Legal Lot Number101X
JurisdictionFORSYTH NC
Township / Civil DivisionWINSTON
Census Block Group4
Census Block4012
Census Tract1700

Owner

2050 E 5th St, a commercial property, is owned by a company that bought it in May 2021.

Source: Forsyth County records, as of April 16, 2026

Owner of RecordCompany Name on File
Mailing Address17012 NE 27TH CT, RIDGEFIELD, WA 98642-6936
Owner TypeCompany
VestingLimited Liability Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
May 25, 2021Deed, Transfer
May 25, 2021Special Warranty Deed, Transfer · Commercial Mortgage
COGENT BANK
Jun 1, 2020Loan Modification, Mortgage · Line of Credit
ALLEGACY FCU

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMay 25, 2021 · Amount on File
Deed SaleMay 25, 2021 · Amount on File
Prior SaleNov 10, 2005 · Amount on File
Deed Document Number202127608
Deed Book / Page3612 / 1948
Record UpdatedOct 29, 2026

May 2021: Deed, Transfer

Document TypeDeed
JurisdictionFORSYTH NC
Recording DateMay 25, 2021
Property Address2050 E 5TH ST, WINSTON SALEM, NC 27101-4746
Document Number0036121951
Book / Page3612 / 1951
Instrument DateMay 20, 2021
Instrument2021027609
Transaction TypeTransfer
Record UpdatedOct 20, 2023

Transaction

Tax$0.00
Amount AccuracyNo Consideration Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address2050 E 5TH ST, WINSTON SALEM, NC 27101-4746

Transferred To (Grantee/Buyer)

NameVerified Name
Address2725 SE HOLLYHOCK CT, HILLSBORO, OR 97123-5274

May 2021: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionFORSYTH NC
Recording DateMay 25, 2021
Property Address2050 E 5TH ST, WINSTON SALEM, NC 27101-4746
Document Number0036121948
Book / Page3612 / 1948
Instrument DateMay 20, 2021
Instrument2021027608
Transaction TypeTransfer
Record UpdatedJun 15, 2023

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$1,170.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address2050 E 5TH ST, WINSTON SALEM, NC 27101-4746

Transferred To (Grantee/Buyer)

NameVerified Name
Address2725 SE HOLLYHOCK CT, HILLSBORO, OR 97123-5274

Mortgage

Document Number2021027610
DateMay 25, 2021
Instrument2021027610
Lender
NameCOGENT BANK
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount on Record

June 2020: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionFORSYTH NC
Property Address2050 E 5TH ST, WINSTON SALEM, NC 27101-4746
Document Number0035281304
Instrument DateJun 1, 2020
Transaction TypeMortgage
Record UpdatedJul 28, 2020
Title CompanyNOT AVAILABLE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address2050 E FIFTH ST WINSTON SALEM NC 271014746, WINSTON SALEM, NC 27101-4746

Mortgage

Document Number0035281304
DateJun 2, 2020
Book Page003528/001304
Lender
NameALLEGACY FCU
TypeCredit Union
AddressWINSTON SALEM, NC 27114-6043
Agreement
TypeLine of Credit
AmountAmount on Record
Term12 Months
DueJun 1, 2021
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 2050 E 5th St was $7,652, up 70.7% from the year before.

Source: Forsyth County assessment roll, as of October 13, 2025

Property Jurisdictions

TypeName
StateNorth Carolina
CountyForsyth County
MunicipalityWinston-Salem City
Unified School DistrictForsyth County Schools (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$7,652.00 (+70.65%)$658,800 Land $114,500 Building $544,300$658,800 Land $114,500 Building $544,300
2024$4,484.00 (+4.77%)
2023$4,280.00$318,000 Land $91,600 Building $226,400$318,000 Land $91,600 Building $226,400

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 2050 E 5th St in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective September 4, 2026

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone AE, within 500 ft
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Wildfire risk around 2050 E 5th St is low, with a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 80% of the US · lower than 76% of North Carolina
Wildfire Likelihood0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCITY OF WINSTON-SALEM
serves 391,900 people · EPA ID NC0234010
Water SourceSurface water
Last State InspectionApr 2026
LeadUnder 1 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 250 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · DSL · Fixed Wireless in parts of the area
5,000 / 5,000
Spectrum
Cable
1,000 / 1,000
Verizon
Fixed Wireless
300 / 20
Starlink
Satellite
280 / 30
T-Mobile
Fixed Wireless
100 / 20

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