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$200,000

Beds
3
Baths
2.0
sq ft
1,228

3715 Ribbon Lane, Winston Salem, NC 27107

3715 Ribbon Lane

Winston Salem, NC 27107

  • 142 days on market
Investors!! Don't miss out on this tenant occupied home sitting on almost half acre lot! This ranch style home has a great level back yard and a partially finished basement for entertaining. Meticulously cared for by owners. Close to freeway, and NO HOA! Don't wait, make your appointment today. Current tenant lease runs through Nov. 30, 2024

Details

Property type

Single Family Residence

Est. home value

$168,166

Lot size

0.46 acres

Price per sq ft

$163

Year built

2006

Annual property taxes

$1,418

Price History

02/13/2024
TriadMLS

TriadMLS #1132746

Listed
$200,000
+103.05%
10/29/2018
TriadMLS

TriadMLS #904679

Sold
$98,500
+7.18%
09/19/2013
TriadMLS

TriadMLS #654619

Sold
$91,900

Schools & Community

Neighborhood: 

Easton

Elementary school: 

Call School Board

Middle school: 

Call School Board

High school: 

Call School Board

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

$113,901
Asking price
$200,000
Closing costs (~8% of asking)
-$16,000
Est. remaining loan balance
-$70,099
Cash to seller
$113,901

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

September 2013

Original loan amount

$90,234

Est. remaining balance

$70,099

Interest rate

4.31%

Loan type

FHA, 30 year

Seller

Laurel A Meyer

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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1541 Pleasant Street, Winston Salem, NC 27107

Status: Active

Tomo last checked: 07/04/2024 at 11:55 PM

Listing updated: 04/11/2024 at 12:55 PM

Listed by: Chase Troxell, Leonard Ryden Burr Real Estate Phone #: (336) 779-9200

MLS: TriadMLS #1132746

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