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$134,900

Beds
2
Baths
2.0
sq ft
1,001

125 Cedar Cove Lane, Winston Salem, NC 27104

125 Cedar Cove Lane

Winston Salem, NC 27104

  • 75 days on market
    • Price drop $5,000↓
Nice main level condo in Cedar Cove. This 2 bedroom, 2 bath home features open concept living with a sunroom, all newer flooring throughout, LVP & carpeting, fresh paint, new coil in HVAC and a balcony. All appliances convey including refrigerator, washer & dryer. Recently rented up until April 30 at $1275.00 a month. Condo now vacant and waiting on new homeowner. The HOA has confirmed a special assessment of $100 per month from July 2024 through June 2025. As an incentive, the seller agrees to prepay the assessment through June 2025 for any buyer. This assessment is for ongoing repairs to the buildings exterior.

Details

Property type

Condominium

Est. home value

$134,744

Lot size

3,920 sq ft

Price per sq ft

$135

Year built

1976

Annual property taxes

$682.79

Monthly HOA fee

$250

Price History

06/29/2024
TriadMLS

TriadMLS #1138222

Price change
$134,900
-3.57%
06/11/2024
TriadMLS

TriadMLS #1138222

Listed
$139,900
05/22/2024
TriadMLS

TriadMLS #1138222

Pending
$139,900

Schools & Community

Neighborhood: 

Huntcliff

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

State Employees Cu

Loan start date

August 2022

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

4%

Loan type

New Conventional, 30 year

Seller

Patrick Mcdonough and Emily Brewer

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

Price drop
TriadMLS
$138,000
3 bd
|
2 ba
|
1,275 sq ft
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Condo

2250 Sunderland Road Unit 21B, Winston Salem, NC 27103

Status: Active

Tomo last checked: 07/02/2024 at 6:50 PM

Listing updated: 06/29/2024 at 1:53 PM

Listed by: John Riggins, Keller Williams Realty Elite Phone #: (336) 283-8691

MLS: TriadMLS #1138222

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