tomo logo

$367,000

Beds
4
Baths
2.0
sq ft
2,346

1323 Pennrose Drive, Reidsville, NC 27320

1323 Pennrose Drive

Reidsville, NC 27320

  • 20 days on market
Step into the timeless charm of Southern living with this beautifully updated home near Pennrose Park Country Club! The newly renovated kitchen is a showstopper, featuring modern finishes and thoughtful design, while fresh paint and new molding throughout the home enhance its classic appeal. The screened in porch is a perfect spot to enjoy a book or the peaceful surroundings. The private backyard oasis is a dream for entertaining, offering pristine landscaping, a fenced area, and plenty of room for gatherings with family and friends. Inside, stunning hardwood floors lead you through a grand foyer with soaring 9-foot ceilings, a gorgeous staircase, and a spacious formal dining room including the updated windows. The main-level bedroom, filled with natural light, can serve as a cozy den or guest room.The unfinished basement workshop is ideal for your next project, and the home is conveniently wired for a generator. This home truly combines elegance, comfort, and modern convenience.

Details

Property type

Single Family Residence

Est. home value

$298,405

Lot size

0.50 acres

Price per sq ft

$157

Year built

1939

Annual property taxes

$3,677

Price History

12/05/2024
TriadMLS

TriadMLS #1163610

Listed
$367,000
+25.68%
01/12/2023
TriangleMLS

TriangleMLS #2478332

Sold
$292,000

Schools & Community

Elementary school: 

South End

Middle school: 

Reidsville

High school: 

Reidsville

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

$120,470
Asking price
$367,000
Closing costs (~8% of asking)
-$29,360
Est. remaining loan balance
-$217,170
Cash to seller
$120,470

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

Seller’s Loan History

Lender

Sirva Mortgage Inc

Loan start date

January 2023

Original loan amount

$222,000

Est. remaining balance

$217,170

Interest rate

6.58%

Loan type

VA, 30 year

Seller

Wesley Van Strader and Meredith K Strader

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: 12/22/2024 at 9:45 PM

Listing updated: 12/12/2024 at 7:36 AM

Listed by: Mary Beth Powell, RE/MAX Realty Consultants Phone #: (336) 217-9300

MLS: TriadMLS #1163610

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Recently listed in Reidsville