tomo logo

$180,000

Beds
2
Baths
2.0
sq ft
1,100

1625 Cherry Blossom Lane, Winston Salem, NC 27127

1625 Cherry Blossom Lane

Winston-Salem, NC 27127

  • <1 day on market
This charming corner, main-level condo offers a prime location near major retail centers. With its expansive arching windows and abundance of natural light, it's the perfect spot to relax and unwind. Spend cozy winter days by the fireplace, enjoying your favorite beverage. The spacious primary bedroom features an en suite bathroom and a walk-in closet, awaiting your personal touch to make it truly your own.

Details

Property type

Condominium

Est. home value

$158,937

Lot size

1,307 sq ft

Price per sq ft

$164

Year built

2007

Annual property taxes

$608

Monthly HOA fee

$145

Price History

11/08/2024
TriadMLS

TriadMLS #1162608

Listed
$180,000
03/25/2024
TriadMLS

TriadMLS #1133502

Sold
$180,000
-2.65%
02/27/2024
TriadMLS

TriadMLS #1133502

Pending
$184,900

Schools & Community

Neighborhood: 

Twin Cedars Laurel Park

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

$119,780
Asking price
$180,000
Closing costs (~8% of asking)
-$14,400
Est. remaining loan balance
-$45,820
Cash to seller
$119,780

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

Seller’s Loan History

Lender

State Employees Cu

Loan start date

June 2019

Original loan amount

$65,000

Est. remaining balance

$45,820

Interest rate

3.64%

Loan type

New Conventional, 15 year

Seller

John D Prevatte and Pamela H Prevatte

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: 11/08/2024 at 2:05 PM

Listing updated: 11/08/2024 at 11:26 AM

Listed by: Deborah Overbey, Keller Williams Realty Phone #: (336) 992-0200

MLS: TriadMLS #1162608

TriadMLS logo

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