tomo logo

$315,000

Beds
4
Baths
2.0
sq ft
2,005

1023 Sherwood Drive, Reidsville, NC 27320

1023 Sherwood Drive

Reidsville, NC 27320

  • 41 days on market
    • Price drop $14,000↓
Highly sought after one level living at its finest! Stretch out on your large lot. Nestled in a wonderful neighborhood, this beautiful and well maintained brick ranch boasts four bedrooms, two baths and tasteful updates. Outside you'll find a large beautifully fenced back yard, large deck, and wired shed/workshop all coming together to provide an excellent outdoor living area. 2024 Hot Water Heater, 2021 HVAC. Newer flooring, paint, and bathroom updates. Refrigerator and picnic table convey with the right offer. USDA eligible. Book your showing today!

Details

Property type

Single Family Residence

Est. home value

$264,908

Lot size

0.73 acres

Price per sq ft

$158

Year built

1969

Annual property taxes

$2,296

Price History

08/27/2024
TriadMLS

TriadMLS #1151495

Price change
$315,000
-4.26%
08/05/2024
TriadMLS

TriadMLS #1151495

Listed
$329,000
+112.94%
03/19/2018
TriadMLS

TriadMLS #829911

Sold
$154,500

Schools & Community

Elementary school: 

South End

Middle school: 

Reidsville

High school: 

Reidsville

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

$171,994
Asking price
$315,000
Closing costs (~8% of asking)
-$25,200
Est. remaining loan balance
-$117,806
Cash to seller
$171,994

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

Seller’s Loan History

Lender

Department Of Commerce Fcu

Loan start date

March 2018

Original loan amount

$135,000

Est. remaining balance

$117,806

Interest rate

4.04%

Loan type

New Conventional, 30 year

Seller

Michael Lee White and Shirley A White

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?

Similar Homes Nearby

New
TriadMLS
$329,900
4 bd
|
2 ba
|
1,770 sq ft
|
House

4710 Reedy Creek Farm Circle, Greensboro, NC 27405

Price drop
TriadMLS
$337,000
4 bd
|
2 ba
|
1,764 sq ft
|
House

4614 Reedy Creek Farm Circle, Greensboro, NC 27405

TriadMLS
$340,490
4 bd
|
2 ba
|
1,764 sq ft
|
House

5101 Reedy Fork School Road, Greensboro, NC 27405

Status: Active

Tomo last checked: 09/16/2024 at 3:40 PM

Listing updated: 09/15/2024 at 4:16 PM

Listed by: Nicholas Holliday, Keller Williams One Phone #: (336) 297-4545

MLS: TriadMLS #1151495

TriadMLS logo

Recently listed in Reidsville