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$155,000

Beds
3
Baths
1.5
sq ft
1,158

3928 Burtis Street, Winston Salem, NC 27105

3928 Burtis Street

Winston-Salem, NC 27105

  • 8 days on market
    • Price drop $20,000↓
Investors and renovators looking for an excellent opportunity, this is the one for you! Established renter paying $1520 a month and would like to stay. Great for your investors portfolio! Net ROI is 9.28% Check it out today!

Details

Property type

Single Family Residence

Est. home value

$137,991

Lot size

0.41 acres

Price per sq ft

$134

Year built

1953

Annual property taxes

$981.96

Price History

09/16/2024
TriadMLS

TriadMLS #1155360

Price change
$155,000
-11.43%
09/10/2024
TriadMLS

TriadMLS #1155360

Listed
$175,000
+872.22%
03/15/2012
TriadMLS

TriadMLS #629379

Sold
$18,000

Schools & Community

Neighborhood: 

Forest Hills

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

$122,557
Asking price
$155,000
Closing costs (~8% of asking)
-$12,400
Est. remaining loan balance
-$20,043
Cash to seller
$122,557

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

Seller’s Loan History

Lender

Norwest Mtg

Loan start date

May 1999

Original loan amount

$62,672

Est. remaining balance

$20,043

Interest rate

6.92%

Loan type

FHA, 30 year

Seller

Janice A Acker

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 5:40 AM

Listing updated: 09/16/2024 at 2:45 PM

Listed by: Austin Harrison, Cardinal 50 Real Estate LLC Phone #: (336) 287-2806

MLS: TriadMLS #1155360

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