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$185,000 Sale Pending
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Property Description
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
Full Property Details
Full Property Details for 502 Osborne Rd
General
- Price: $185,000
- Taxes: $1,951
- Status: Pending
- Type: Single Family
- Source: Triad_MLS
- MLS ID: 1215874
- Updated: 4/19/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: Dead Bolt(s)
- Appliances: Microwave, Free-Standing Range, Electric Water Heater
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 3
- 1st/Main Floor Primary: Yes
Other Rooms
- Laundry: Main Level
Exterior
- Exterior Features: Garden
- Patio/Terrace: Yes
Parking
- Garage Description: Attached Garage
- Garage Spaces: 1
- Parking Features: Driveway, Garage, Attached
Location
- County: Forsyth
- Subdivision: Somerset
- Driving Directions: 421 to Jonestown exit. Head towards Hwy 158 (Stratford Road). Turn left on Sommerset then right on Osbourne. Home is on left 502 Osbourne
- City Limits: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air, Natural Gas
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Ranch
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Crawl Space
- Stories/Levels: One
- Heated/Cooled: 1,000 Sq. Ft.
- Year Built: 1965
Lot Features
- Lot Size (Acres): 0.57
- Road Maintenance: Public Maintained Road
- Lot Features: City Lot
- Fencing (Description): None
Financial Considerations
- Price Per Acre: $324,561.4035
- Tax Amount: $1,951
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Owner Sale
Listed by Coldwell Banker Advantage
Get Pre-Approved Today
Schools
Schools serving 502 Osborne Rd
School District:Forsyth County Schools
| Name | Grades | Distance |
|---|---|---|
Ward Elementary 3775 Fraternity Church Road, Winston-Salem, NC 27127 | PK-5 | 1.7 mi |
Clemmons Middle 3785 Fraternity Church Road, Winston-Salem, NC 27127 | 6-8 | 1.6 mi |
West Forsyth High 1735 Lewisville Clemmons Road, Clemmons, NC 27012 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 502 Osborne Rd
Date
Details
Price
Change
Source
4/17/2026
Listed
$185,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 502 Osborne Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,541
—
$177,000
54%
2023
$1,541
2%
$115,100
—
2022
$1,512
2%
$115,100
—
2021
$1,482
30%
$114,900
39%
2020
$1,142
-1%
$82,700
—
2019
$1,150
5%
$82,700
—
2018
$1,092
—
$82,700
—
2017
$1,092
11%
$82,700
10%
2016
$986
2%
$74,900
—
2015
$971
3%
$74,900
—
2014
$941
1%
$74,900
—
2013
$934
—
$74,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 502 Osborne Rd
502 Osborne Road, Winston-Salem, NC 27103 (MLS# 1215874) is a Single Family property with 3 bedrooms and 1 full bathroom. 502 Osborne Road is currently listed for $185,000 and was received on April 17, 2026. Want to learn more about 502 Osborne Road? Do you have questions about finding other Single Family real estate for sale in Winston-Salem? You can browse all Winston-Salem real estate or contact a Coldwell Banker agent to request more information.

