tomo logo

$379,900

Beds
3
Baths
2.0
sq ft
1,646

1111 Magnolia Street, Winston Salem, NC 27103

1111 Magnolia Street

Winston Salem, NC 27103

  • 15 days on market
    • Price drop $5,000↓
Fully updated! This lovely Ardmore cottage is located near downtown Winston-Salem and popular local spots like Stella Brew and Ardmore Barber Shop. Inside, you'll find updated hardwood floors, a modern kitchen with granite countertops and stainless steel appliances, a spacious dining area, and a luxurious owner's suite with a large closet and a beautiful en-suite bathroom. The open-concept living room and three bedrooms on the main level offer versatile living options, while the upstairs bonus room provides extra living space. Outside, there's a spacious yard with a privacy fence. Don't miss out on seeing this charming property in person - schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$357,418

Lot size

7,841 sq ft

Price per sq ft

$231

Year built

1947

Annual property taxes

$2,805

Price History

06/29/2024
TriadMLS

TriadMLS #1146491

Price change
$379,900
-1.3%
06/19/2024
TriadMLS

TriadMLS #1146491

Price change
$384,900
+35.1%
06/19/2024
TriadMLS

TriadMLS #1146491

Listed
$284,900
+1.35%

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

$139,944
Asking price
$379,900
Closing costs (~8% of asking)
-$30,392
Est. remaining loan balance
-$209,564
Cash to seller
$139,944

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

Seller’s Loan History

Lender

Highlands Residential Mortgage Ltd

Loan start date

April 2021

Original loan amount

$224,880

Est. remaining balance

$209,564

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Zachary T Stoner and Hayden P Stoner

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: 07/04/2024 at 11:25 PM

Listing updated: 06/29/2024 at 1:33 PM

Listed by: William Purgason, eXp Realty, LLC Phone #: (888) 584-9431

MLS: TriadMLS #1146491

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