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$399,900

Beds
3
Baths
2.0
sq ft
1,755

1056 Gales Avenue, Winston Salem, NC 27103

1056 Gales Avenue

Winston-Salem, NC 27103

  • 14 days on market
A gorgeous home located in the Ardmore neighborhood. it features three bedrooms and two bathrooms with an open floor plan. The kitchen is updated with stainless steel appliances. A one car garage with plenty of storage and a screened in porch.

Details

Property type

Single Family Residence

Est. home value

$328,267

Lot size

9,583 sq ft

Price per sq ft

$228

Year built

1991

Annual property taxes

$2,750

Price History

02/27/2025
TriadMLS

TriadMLS #1171659

Listed
$399,900
+21.22%
04/24/2023
TriadMLS

TriadMLS #1100054

Sold
$329,900
+82.77%
07/19/2016
TriadMLS

TriadMLS #792731

Sold
$180,500

Schools & Community

Neighborhood: 

Ardmore

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

$50,619
Asking price
$399,900
Closing costs (~8% of asking)
-$31,992
Est. remaining loan balance
-$317,289
Cash to seller
$50,619

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

Seller’s Loan History

Lender

Emm Loans Llc

Loan start date

April 2023

Original loan amount

$323,924

Est. remaining balance

$317,289

Interest rate

6.65%

Loan type

FHA, 30 year

Seller

John Hampton Bryant

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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Status: Active

Tomo last checked: 03/13/2025 at 12:15 AM

Listing updated: 02/27/2025 at 10:26 AM

Listed by: Ruston Nelson, Rogers Realty & Auction Co., Inc. Phone #: (336) 789-2926

MLS: TriadMLS #1171659

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