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$949,900

Beds
3
Baths
3.5
sq ft
2,400

400 West Fourth Street Unit 405, Winston Salem, NC 27101

400 West Fourth Street Unit 405

Winston Salem, NC 27101

  • 145 days on market
    • Price drop $10,000↓
Introducing Unit 405 at Twin City Lofts, a stunning 3-bedroom, 3.5-bath condo in the heart of Downtown Winston-Salem. This urban oasis boasts a sleek open floor plan, featuring a modern kitchen with a striking waterfall edge island, hardwood floors, electric black-out shades, and a smart lighting system throughout. But the true highlight of Unit 405 lies on the rooftop- the sky lounge. Accessed by elevator, this rooftop retreat offers breathtaking city views and is equipped with a bar, fireplace, TV, kitchen, and sitting area, perfect for entertaining or relaxation. Convenience is key with a main level garage providing two private parking spaces and a storage locker for added space. Plus, the location couldn't be better - steps away from restaurants, shopping, parks, and more. Unit 405 at Twin City Lofts offers the ultimate urban lifestyle experience, blending luxury, convenience, and style in the heart of Winston-Salem. Don't miss your chance to call this stunning condominium home!

Details

Property type

Condominium

Est. home value

$1,060,023

Lot size

0.41 acres

Price per sq ft

$396

Year built

2017

Annual property taxes

$9,105

HOA fee

$682

Price History

06/18/2024
TriadMLS

TriadMLS #1131751

Price change
$949,900
-1.04%
04/08/2024
TriadMLS

TriadMLS #1131751

Price change
$959,900
-1.95%
03/25/2024
TriadMLS

TriadMLS #1131751

Price change
$979,000
-1.01%

Schools & Community

Neighborhood: 

Holly Avenue

Elementary school: 

Brunson

Middle school: 

Wiley

High school: 

Reynolds

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

$175,027
Asking price
$949,900
Closing costs (~8% of asking)
-$75,992
Est. remaining loan balance
-$698,881
Cash to seller
$175,027

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

May 2023

Original loan amount

$707,840

Est. remaining balance

$698,881

Interest rate

6.28%

Loan type

New Conventional, 30 year

Seller

Ahmed A Moubarak and Sindy Moubarak

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: 07/02/2024 at 7:35 PM

Listing updated: 06/18/2024 at 3:04 PM

Listed by: Victoria Speer, The Agency-Charlotte Phone #: (980) 395-1003

MLS: TriadMLS #1131751

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