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$199,900

Beds
4
Baths
1.0
sq ft
1,340

4723 Germanton Road, Winston Salem, NC 27105

4723 Germanton Road

Winston Salem, NC 27105

  • 14 days on market
INVESTOR ALERT! This is a MUST-SEE one-and-a-half-story brick home situated on approximately 2.54 acres. This fixer-upper property features four bedrooms, with two located in the second level. The house includes a sun porch at the front and a back porch. The adjacent clear lot offers potential for new construction, while the large wooded lot at the rear can be subdivided, presenting endless possibilities. The home is being sold "AS IS". Don't miss this fantastic opportunity for a high-return investment or a perfect first home, conveniently located just seconds from Hwy 52 in the heart of Winston-Salem.

Details

Property type

Single Family Residence

Est. home value

$149,105

Lot size

2.54 acres

Price per sq ft

$150

Year built

1948

Annual property taxes

$1,316.04

Price History

06/20/2024
TriadMLS

TriadMLS #1146238

Listed
$199,900
+159.61%
05/28/2015
TriadMLS

TriadMLS #730452

Sold
$77,000
+60.42%
10/29/2013
TriadMLS

TriadMLS #670780

Sold
$48,000

Schools & Community

Neighborhood: 

Retnuh 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

$122,117
Asking price
$199,900
Closing costs (~8% of asking)
-$15,992
Est. remaining loan balance
-$61,791
Cash to seller
$122,117

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

Seller’s Loan History

Lender

First Citizens Bank & Trust Co

Loan start date

May 2015

Original loan amount

$77,000

Est. remaining balance

$61,791

Interest rate

3.66%

Loan type

VA, 30 year

Seller

Wade Thomas Spencer

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: 07/04/2024 at 11:20 PM

Listing updated: 06/20/2024 at 12:43 PM

Listed by: Daniel Regalado, eXp Realty Phone #: (888) 584-9431

MLS: TriadMLS #1146238

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