tomo logo

$500,000

Beds
4
Baths
3.5
sq ft
2,552

2040 Storm Canyon Road, Winston Salem, NC 27106

2040 Storm Canyon Road

Winston-Salem, NC 27106

  • 46 days on market
    • Price drop $9,000↓
Nestled in the sought-after Whispering Winds community, this remarkable 2-story home offers a spacious floor plan crafted for modern living. Built in 2022 and meticulously maintained, the property boasts a main-level primary suite, a dramatic 2-story foyer, a formal dining room, and a convenient laundry room with a drop zone off the 2-car garage. The upper level features three additional bedrooms, including one with an en suite bath, plus a versatile loft with a charming triple dormer, perfect for a second living space or office. The open kitchen, breakfast room, and great room are filled with natural light, creating a warm and inviting atmosphere. Thoughtfully designed with today’s trends in mind, this home combines functionality and style, all while being conveniently located near shopping, dining, and schools.

Details

Property type

Single Family Residence

Est. home value

$475,496

Lot size

9,148 sq ft

Price per sq ft

$196

Year built

2022

Annual property taxes

$2,705

Price History

02/09/2025
TriadMLS

TriadMLS #1166660

Price change
$500,000
-1.77%
02/01/2025
TriadMLS

TriadMLS #1166660

Price change
$509,000
-1.17%
01/13/2025
TriadMLS

TriadMLS #1166660

Listed
$515,000
+8.44%

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

-$669
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$460,669
Cash to seller
-$669

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

Seller’s Loan History

Lender

Atlantic Bay Mortgage Group Llc

Loan start date

November 2023

Original loan amount

$466,297

Est. remaining balance

$460,669

Interest rate

7.31%

Loan type

FHA, 30 year

Seller

Constance Ruth Cunningham

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?

Similar Homes Nearby

Price drop
TriadMLS
$565,000
4 bd
|
3.5 ba
|
2,401 sq ft
|
House

755 Gibb Street, Winston Salem, NC 27106

TriadMLS
$550,000
4 bd
|
3.5 ba
|
2,763 sq ft
|
House

4410 Cheyenne Court, Winston Salem, NC 27106

TriadMLS
$539,900
4 bd
|
3.5 ba
|
2,163 sq ft
|
House

811 Gibb Street, Winston Salem, NC 27106

Status: Active

Tomo last checked: 02/22/2025 at 10:00 PM

Listing updated: 02/09/2025 at 5:06 PM

Listed by: Garrett Small, Keller Williams Realty Elite Phone #: (336) 283-8691

MLS: TriadMLS #1166660

TriadMLS logo

Recently listed in Winston-Salem