tomo logo

$249,000

Beds
3
Baths
2.0
sq ft
1,152

1004 Somerset Drive, Winston Salem, NC 27103

1004 Somerset Drive

Winston-Salem, NC 27103

  • 17 days on market
BACK ON MARKET - BUYER FOUND ANOTHER HOME CLOSER TO KIDS SCHOOL - NO FAULT OF SELLER! Welcome to this adorable, well-maintained brick ranch perfectly situated on a generous .54-acre lot w/storage bldg! Home has been thoughtfully updated. Recent upgrades include a NEW ROOF and patio steps completed in August 2024. Inside, find beautiful hardwood floors that flow seamlessly through the living areas and bedrooms, creating a warm and inviting atmosphere. The cozy den features a gas log fireplace, perfect for relaxing evenings. The kitchen boasts solid surface countertops. Updated bathrooms provide a modern touch while maintaining the home's charming character. Enjoy one-level living, making this home suitable for all lifestyles. Ideally located close to shopping, dining, & medical facilities, with easy access to both 421/1-40 and Stratford Rd. This property offers the best of both comfort and convenience. SEE AGENT ONLY REMARKS PLEASE.

Details

Property type

Single Family Residence

Est. home value

$229,229

Lot size

0.54 acres

Price per sq ft

$217

Year built

1966

Annual property taxes

$2,029.86

Price History

08/31/2024
TriadMLS

TriadMLS #1153886

Listed
$249,000
+71.72%
12/16/2020
TriadMLS

TriadMLS #002025

Sold
$145,000
+23.93%
09/08/2020
TriadMLS

TriadMLS #992070

Sold
$117,000

Schools & Community

Neighborhood: 

Salem Woods

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$117,788
Asking price
$249,000
Closing costs (~8% of asking)
-$19,920
Est. remaining loan balance
-$111,292
Cash to seller
$117,788

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Piedmont Fsb

Loan start date

December 2020

Original loan amount

$121,500

Est. remaining balance

$111,292

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Jessica M Lawson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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505 Creekway Drive, Winston Salem, NC 27104

Status: Active

Tomo last checked: 09/17/2024 at 10:20 PM

Listing updated: 09/16/2024 at 10:35 PM

Listed by: Darrell Hawkins, Keller Williams Realty Elite Phone #: (336) 283-8691

MLS: TriadMLS #1153886

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