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$2,650,000

Beds
6
Baths
6.5
sq ft
10,128

112 North Stratford Road, Winston Salem, NC 27104

112 North Stratford Road

Winston Salem, NC 27104

  • 133 days on market
Beautifully restored Buena Vista estate on nearly 2.72 acres! The 1925 Thurmond & Lucy Hanes Chatham House was designed by renowned architect Charles Barton Keen. Recognized as a Landmark property on the National Register of Historic Places, this spectacular home has thoughtful restorations; see extensive list of upgrades performed by current & prior owners. With 6 bedrooms plus a 2-bedroom carriage house, enjoy hosting on a grand scale! Original construction is astounding; this property could not be re-created today. Exterior features include expansive grounds: stunning covered porch/outdoor living room; 4-car garage; basketball court; gorgeous professional landscaping; automated gated entry. Unparalleled architectural details; too numerous to list. Ideal blend of formal & informal spaces. 3rd floor boasts spacious den & abundant storage; restored lower level has fabulous home gym. Exceptional value for a world-class historic home! Qualifies for 50% discount on property taxes!

Details

Property type

Single Family Residence

Est. home value

$2,833,069

Lot size

2.70 acres

Price per sq ft

$262

Year built

1925

Annual property taxes

$11,094.04

Price History

07/12/2024
TriadMLS

TriadMLS #1148229

Listed
$2,650,000
-10.17%
04/29/2024
TriadMLS

TriadMLS #1121285

Removed
$2,950,000
10/06/2023
TriadMLS

TriadMLS #1121285

Listed
$2,950,000
+71.01%

Schools & Community

Neighborhood: 

Buena Vista

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

$1,153,016
Asking price
$2,650,000
Closing costs (~8% of asking)
-$212,000
Est. remaining loan balance
-$1,284,984
Cash to seller
$1,153,016

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

September 2021

Original loan amount

$1,380,000

Est. remaining balance

$1,284,984

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Ivo A Pestana and Christine V Pestana

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?

Status: Active

Tomo last checked: 11/23/2024 at 8:00 AM

Listing updated: 07/26/2024 at 2:43 PM

Listed by: Clare Fader, Fader Real Estate at ERA Live Moore Phone #: (336) 331-5550

MLS: TriadMLS #1148229

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