tomo logo

$349,900

Beds
3
Baths
2.0
sq ft
1,877

187 Bald Cypress Drive, Winston Salem, NC 27127

187 Bald Cypress Drive

Winston-Salem, NC 27127

  • 108 days on market
    • Price drop $21,600↓
Rarely found opportunity to own a pristine, immaculate, and 1 level in the Friedberg/Oak Grove School District! Located in Cypress Forest at Hidden Creek, the “Colburn” plan built by Shugart Enterprises in 2018 has been gently lived in by one owner, and worth a serious look for those who may be considering downsizing or townhome living. NO HOA! Formal dining room or office at the entry, large kitchen and breakfast nook with an open concept floor plan. Large primary bedroom near laundry. 3 bedrooms, 2 baths. Screened patio empties out onto spacious, .68 acre level yard. Low county taxes and convenience of sewer/public water.

Details

Property type

Single Family Residence

Est. home value

$333,295

Lot size

0.68 acres

Price per sq ft

$187

Year built

2018

Annual property taxes

$1,579

Price History

12/30/2024
TriadMLS

TriadMLS #1158224

Price change
$349,900
-5.81%
10/19/2024
TriadMLS

TriadMLS #1158224

Price change
$371,500
-5.11%
10/07/2024
TriadMLS

TriadMLS #1158224

Listed
$391,500
+108.72%

Schools & Community

Elementary school: 

Friedberg

Middle school: 

Oak Grove

High school: 

Oak Grove

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

$190,788
Asking price
$349,900
Closing costs (~8% of asking)
-$27,992
Est. remaining loan balance
-$131,120
Cash to seller
$190,788

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

April 2018

Original loan amount

$150,057

Est. remaining balance

$131,120

Interest rate

4.4%

Loan type

New Conventional, 30 year

Seller

Jill I Alverson

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: 01/23/2025 at 9:40 AM

Listing updated: 01/16/2025 at 10:01 AM

Listed by: Alison Sink, Southern Signature Properties Phone #: (336) 422-7820

MLS: TriadMLS #1158224

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