tomo logo

$255,900

Beds
3
Baths
2.0
sq ft
1,318

2508 South Scales Street, Reidsville, NC 27320

2508 South Scales Street

Reidsville, NC 27320

  • 47 days on market
    • Price drop $3,000↓
Timeless Charm with Modern Upgrades on a Spacious Lot! This beautifully updated 1937 home blends classic character with modern convenience. The 3-bedroom, 2-bath layout features durable vinyl plank flooring, fresh trim, updated lighting, ceiling fans, and a standout kitchen with sleek cabinetry, a functional island, and new Hi-Sense appliances. Major 2024 upgrades include a new air conditioning unit, well pump, electrical system update, and a GE washer/dryer package. Set on a 0.69-acre lot, the property includes a newly installed deck leading to a 5,000-gallon FunCycle pool—perfect for relaxing or entertaining. A powered detached storage building with a concrete floor and shelving offers ample workspace and storage. Conveniently located near major highways, this move-in-ready home is a peaceful retreat packed with value. Schedule your tour today before it’s gone!

Details

Property type

Single Family Residence

Est. home value

$234,031

Lot size

0.69 acres

Price per sq ft

$195

Year built

1937

Annual property taxes

$1,711.77

Price History

02/06/2025
TriadMLS

TriadMLS #1166532

Price change
$255,900
-1.16%
01/27/2025
TriadMLS

TriadMLS #1166532

Price change
$258,900
-0.38%
01/10/2025
TriadMLS

TriadMLS #1166532

Listed
$259,900
+11.07%

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

$9,432
Asking price
$255,900
Closing costs (~8% of asking)
-$20,472
Est. remaining loan balance
-$225,996
Cash to seller
$9,432

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

July 2023

Original loan amount

$229,761

Est. remaining balance

$225,996

Interest rate

6.71%

Loan type

FHA, 30 year

Seller

Jonathan Martin Finamore

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: 02/23/2025 at 9:15 AM

Listing updated: 02/06/2025 at 6:46 PM

Listed by: Justin Rini, KELLER WILLIAMS REALTY Phone #: (336) 992-0200

MLS: TriadMLS #1166532

TriadMLS logo

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