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$235,000

Beds
3
Baths
2.0
sq ft
1,682

1404 Waughtown Street, Winston Salem, NC 27107

1404 Waughtown Street

Winston Salem, NC 27107

  • Coming soon
This incredible home is a true gem at an unbeatable price and an income producing opportunity! Enjoy your morning coffee on the charming wrap-around porch. The unique floorplan features a spacious primary living area with an open concept, designated dining area, large rooms, and beautiful hardwood floors. Two enormous bedrooms share a spacious bathroom. The roomy kitchen includes a large bar with seating and a perfect breakfast nook by the window. A bright sunroom connects to a separate apartment-style living quarters with its own bedroom, bathroom, living room, and kitchen. This secondary space, with its own entrance, is ideal for in-law quarters, older occupants, or guests. Home has a track record using the secondary space as a short-term rental. Endless possibilities! The 650+sqft unfinished basement has super tall ceilings! The property also boasts a large backyard, detached garage, fence, & plenty of room for storage. Don't miss out on this rare and remarkable home!

Details

Property type

Single Family Residence

Est. home value

$184,320

Lot size

0.37 acres

Price per sq ft

$140

Year built

1948

Annual property taxes

$711

Price History

06/03/2021
TriadMLS

TriadMLS #1021121

Sold
$140,000

Schools & Community

Neighborhood: 

Waughtown

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

$91,981
Asking price
$235,000
Closing costs (~8% of asking)
-$18,800
Est. remaining loan balance
-$124,219
Cash to seller
$91,981

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

June 2021

Original loan amount

$133,000

Est. remaining balance

$124,219

Interest rate

3.04%

Loan type

New Conventional, 30 year

Seller

Jonathan Will and Abigail Will

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: Coming Soon

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

Listing updated: 07/01/2024 at 2:13 AM

Listed by: Landon Stone, eXp Realty, LLC Phone #: (888) 584-9431

MLS: TriadMLS #1147725

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