tomo logo

$265,000

Beds
3
Baths
2.5
sq ft
1,618

425 Salem Springs Drive, Winston Salem, NC 27107

425 Salem Springs Drive

Winston-Salem, NC 27107

  • <1 day on market
    • Open house Feb 22
Welcome to this inviting home nestled in a community that boasts a beautiful pond, offering a tranquil setting while remaining close to all the conveniences of city living. Ideally located just minutes from downtown Winston-Salem, major highways, and a variety of shopping and dining options, this home provides the perfect balance of relaxation and accessibility. Step inside to find a well-maintained and move-in-ready space designed for comfort and functionality. The bright and airy living areas create a welcoming atmosphere, while the thoughtfully designed layout ensures ease of living. As an added bonus, the seller is leaving the washer, dryer, and refrigerator, making your transition into your new home even smoother. Whether you're looking to enjoy a peaceful evening by the pond, explore the vibrant offerings of Winston-Salem, or quickly hop onto the highway for an easy commute, this home is perfectly situated to meet all your needs.

Details

Property type

Single Family Residence

Est. home value

$261,918

Lot size

7,841 sq ft

Price per sq ft

$164

Year built

2015

Annual property taxes

$2,306.2

Monthly HOA fee

$20.83

Price History

02/21/2025
TriadMLS

TriadMLS #1170595

Listed
$265,000
+117.23%
04/19/2016
TriadMLS

TriadMLS #778535

Sold
$121,990

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

$150,178
Asking price
$265,000
Closing costs (~8% of asking)
-$21,200
Est. remaining loan balance
-$93,622
Cash to seller
$150,178

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

Seller’s Loan History

Lender

Dhi Mortgage Company Ltd

Loan start date

April 2016

Original loan amount

$115,890

Est. remaining balance

$93,622

Interest rate

3.62%

Loan type

New Conventional, 30 year

Seller

Caleb G Lane and Hannah M Lane

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?

Status: Active

Tomo last checked: 02/22/2025 at 5:25 AM

Listing updated: 02/21/2025 at 9:46 AM

Listed by: Evon Dennis, eXp Realty Phone #: (888) 584-9431

MLS: TriadMLS #1170595

TriadMLS logo