tomo logo

$379,000

Beds
4
Baths
2.0
sq ft
2,689

1120 Melrose Street, Winston Salem, NC 27103

1120 Melrose Street

Winston-Salem, NC 27103

  • 59 days on market
    • Price drop $10,000↓
New Price! Ardmore gem! Located in the heart of Winston-Salem, equally fast access to both Baptist and Forsyth hospital. This home is brimming with character and charm. Entering in the home you will find yourself in the living room featuring a beautiful stone fireplace with gas logs. The main floor includes 2 bedrooms, 1 bath, dining room, galley kitchen with breakfast nook. There are 2 bedrooms with 1 bath upstairs. The large basement offers ample space for an office, indoor recreation room, and has a separate entrance. The laundry/mudroom area includes a built-in sink tub for added convenience. Start your mornings with coffee on the cozy screened-in porch or the sunny attached deck! Enjoy the expansive wired workshop and fenced-in yard.

Details

Property type

Single Family Residence

Est. home value

$361,117

Lot size

8,712 sq ft

Price per sq ft

$141

Year built

1950

Annual property taxes

$3,007

Price History

09/18/2024
TriadMLS

TriadMLS #1151078

Price change
$379,000
-2.57%
09/04/2024
TriadMLS

TriadMLS #1151078

Price change
$389,000
-2.51%
08/14/2024
TriadMLS

TriadMLS #1151078

Listed
$399,000

Schools & Community

Neighborhood: 

Ardmore

Elementary school: 

Bolton

Middle school: 

Wiley

High school: 

Reynolds

Seller’s Loan History

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

Lender

Department Of Housing & Urban Dev

Loan start date

August 2023

Original loan amount

$78,273

Est. remaining balance

$77,283

Interest rate

6.69%

Loan type

FHA, 30 year

Seller

Jacqueline Marie Brown and Christopher Lemont Brown

Lender

Movement Mortgage

Loan start date

June 2021

Original loan amount

$270,019

Est. remaining balance

$250,974

Interest rate

2.97%

Loan type

FHA, 30 year

Seller

Jacqueline Brown and Christopher Brown

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: 10/02/2024 at 11:20 PM

Listing updated: 09/24/2024 at 10:15 AM

Listed by: Meredith Uber, eXp Realty, LLC Phone #: (888) 584-9431

MLS: TriadMLS #1151078

TriadMLS logo

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