tomo logo

$140,000

Beds
3
Baths
1.0
sq ft
1,017

1280 Cloister Drive, Winston Salem, NC 27127

1280 Cloister Drive

Winston-Salem, NC 27127

  • <1 day on market
Investor special! This all-brick home with an attached carport and utility room is the perfect opportunity for a fix-and-flip or a solid addition to your rental portfolio. Conveniently located near I-40, this property offers easy access to shopping, dining, and major roadways. The home has been a rental for the past 10 years, and the seller has never lived in it, making it an ideal investment for those looking to renovate and add value. Don’t miss this chance to capitalize on a great location and potential!

Details

Property type

Single Family Residence

Est. home value

$127,715

Lot size

0.26 acres

Price per sq ft

$138

Year built

1958

Annual property taxes

$963.73

HOA

No

Price History

04/03/2025
TriadMLS

TriadMLS #1175729

Listed
$140,000
+229.41%
11/10/2014
TriadMLS

TriadMLS #695789

Sold
$42,500

Schools & Community

Neighborhood: 

Konnoak

Elementary school: 

Konnoak

Middle school: 

Konnoak

High school: 

Parkland

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

Jane M Goins

Loan start date

December 2003

Original loan amount

$0

Est. remaining balance

Not provided

Interest rate

6.03%

Loan type

Seller take-back

Seller

Real Dream Properties Llc

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: 04/04/2025 at 5:55 AM

Listing updated: 04/03/2025 at 12:11 PM

Listed by: Nathan Smith, Real Broker LLC Phone #: (919) 348-2585

MLS: TriadMLS #1175729

TriadMLS logo