tomo logo

$319,000

Beds
3
Baths
2.5
sq ft
2,062

1975 Morgan Trace Drive, Winston Salem, NC 27127

1975 Morgan Trace Drive

Winston-Salem, NC 27127

  • 9 days on market
Welcome to this inviting home with a well-designed layout. It offers three bedrooms and two and a half bathrooms, providing ample space for family and guests. Beautiful rand new floors throughout the downstairs leave it for easy maintenance. The open floor plan enhances the sense of space and flow, making it perfect for both daily living and entertaining. The loft area upstairs can be used as a casual hangout, a playroom, or additional storage. There's also a dedicated office space for work or study on the main floor. Outside, you'll find a lovely patio, ideal for enjoying outdoor meals or relaxing in the fresh air.

Details

Property type

Single Family Residence

Est. home value

$307,920

Lot size

6,970 sq ft

Price per sq ft

$155

Year built

2012

Annual property taxes

$2,672

Monthly HOA fee

$20

Price History

11/13/2024
TriadMLS

TriadMLS #1162840

Listed
$319,000
11/03/2024
TriadMLS

TriadMLS #1154171

Removed
$319,000
10/11/2024
TriadMLS

TriadMLS #1154171

Price change
$319,000
-3.04%

Schools & Community

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

$91,587
Asking price
$319,000
Closing costs (~8% of asking)
-$25,520
Est. remaining loan balance
-$201,893
Cash to seller
$91,587

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

March 2021

Original loan amount

$219,705

Est. remaining balance

$201,893

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Austin Gentry and Rebecca Ross

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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2566 Viola Court, Winston Salem, NC 27127

Status: Active

Tomo last checked: 11/23/2024 at 7:10 AM

Listing updated: 11/18/2024 at 10:16 AM

Listed by: Victoria Melton, eXp Realty Phone #: (888) 584-9431

MLS: TriadMLS #1162840

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