tomo logo

$475,000

Beds
5
Baths
3.0
sq ft
3,185

3230 Kinnamon Road, Winston Salem, NC 27104

3230 Kinnamon Road

Winston-Salem, NC 27104

  • 105 days on market
    • Price drop $20,000↓
Beautiful brick home in established, sought after neighborhood. This Split Foyer design offers so much flexibility in floor plan functionality. It has FIVE bedrooms and TWO kitchens. Great opportunity for an in law suite or separation for young adults or possibly Air B&B, or duplex with 2 addresses. One for upper and one for lower. Freshly painted interior and carpet. Hardwood flooring in upstairs bedrooms. All new floors in lower area. Fenced area in back for pets to run, or garden space. Downstairs Rec room is open to many options while featuring a kitchen and fireplace. This could be a great room for family gatherings, movie nights or just enjoying a cozy fire and a book. A MUST SEE!

Details

Property type

Single Family Residence

Est. home value

$455,142

Lot size

1.02 acres

Price per sq ft

$150

Year built

1966

Annual property taxes

$3,420.64

Price History

09/30/2024
TriadMLS

TriadMLS #1151940

Price change
$475,000
-4.04%
08/27/2024
TriadMLS

TriadMLS #1151940

Price change
$495,000
-1%
08/16/2024
TriadMLS

TriadMLS #1151940

Listed
$499,999
+96.15%

Schools & Community

Neighborhood: 

Country Club

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

$230,263
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$206,737
Cash to seller
$230,263

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

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

October 2020

Original loan amount

$227,000

Est. remaining balance

$206,737

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Enoree Larac C Freeman

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: 11/23/2024 at 5:45 AM

Listing updated: 10/02/2024 at 11:33 AM

Listed by: Tracy Shumack, Shumack Realty LLC Phone #: (336) 829-1764

MLS: TriadMLS #1151940

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