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$329,000

Beds
3
Baths
2.5
sq ft
2,082

1975 Morgan Trace Drive, Winston Salem, NC 27127

1975 Morgan Trace Drive

Winston-Salem, NC 27127

  • 20 days on market
Welcome to this inviting home with a well-designed layout. It offers three comfortable bedrooms and two and a half bathrooms, providing ample space for family and guests. The open floor plan enhances the sense of space and flow, making it perfect for both daily living and entertaining. The versatile loft area 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. This home combines functionality with a welcoming atmosphere, making it a great choice for a variety of lifestyles.

Details

Property type

Single Family Residence

Est. home value

$307,920

Lot size

6,970 sq ft

Price per sq ft

$159

Year built

2012

Annual property taxes

$2,672.34

Monthly HOA fee

$20

Price History

08/30/2024
TriadMLS

TriadMLS #1154171

Listed
$329,000
+45.25%
03/31/2021
TriadMLS

TriadMLS #1013505

Sold
$226,500

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

$99,919
Asking price
$329,000
Closing costs (~8% of asking)
-$26,320
Est. remaining loan balance
-$202,761
Cash to seller
$99,919

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

$202,761

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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Status: Active

Tomo last checked: 09/19/2024 at 3:20 PM

Listing updated: 09/06/2024 at 1:10 PM

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

MLS: TriadMLS #1154171

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