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$425,000

Beds
4
Baths
3.0
sq ft
2,694

1342 Berwick Road, Winston Salem, NC 27103

1342 Berwick Road

Winston Salem, NC 27103

  • 35 days on market
    • Price drop $5,000↓
Updated brick ranch in convenient Ardmore location! Totally renovated in 2020, current owners have made further improvements with a sleek new Mid-Mod entry door, beautiful landscaping, fabulous storage/shelving in playroom, and refrigerator in kitchen (to remain). Huge 4th bedroom has an exterior door - perfect for an independent family member, or could be an additional den/playroom. Sunroom is currently making a great home office! Come see for yourself!

Details

Property type

Single Family Residence

Est. home value

$426,701

Lot size

0.31 acres

Price per sq ft

$158

Year built

1957

Annual property taxes

$3,814

Price History

06/13/2024
TriadMLS

TriadMLS #1144188

Price change
$425,000
-1.16%
05/30/2024
TriadMLS

TriadMLS #1144188

Listed
$430,000
+26.47%
02/19/2021
TriadMLS

TriadMLS #1007168

Sold
$340,000

Schools & Community

Neighborhood: 

Ardmore

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

$206,169
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$184,831
Cash to seller
$206,169

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

Seller’s Loan History

Lender

Allen Tate Mortgage Partners Llc

Loan start date

February 2021

Original loan amount

$200,000

Est. remaining balance

$184,831

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Dallis Dale Shew and Karen Daum Shew

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: 07/04/2024 at 11:35 PM

Listing updated: 06/24/2024 at 10:14 AM

Listed by: Jennifer Sapp, Allen Tate Winston Salem Phone #: (336) 778-3990

MLS: TriadMLS #1144188

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