tomo logo

$345,000

Beds
3
Baths
2.5
sq ft
2,908

481 David Smith Road, Winston Salem, NC 27127

481 David Smith Road

Winston Salem, NC 27127

  • 93 days on market
    • Price drop $3,000↓
Welcome to your new HOMESTEAD! Situated on 3.42 acres this charming ranch-style home offers the perfect blend of comfort, convenience, and endless possibilities. Step inside to discover a spacious interior boasting 3 bedrooms & 2.5 baths across 2900 sq feet. Main level living with only a few stairs, this home ensures easy accessibility for all. But the real gem of this property lies outdoors. Imagine having your very own accessory storage shed that holds the potential to become a second home or guest quarters with the right permits. Whether you dream of hosting family and friends for weekend getaways or generating rental income, the possibilities are endless. This property is truly a haven for those seeking a homestead lifestyle or exploring multi-family living options. With ample space to roam, garden, or raise animals, you can embrace the joys of rural living & low Davidson County taxes while still being close to schools, shopping, dining, highways and more! SEE AGENT ONLY NOTES!

Details

Property type

Single Family Residence

Est. home value

$289,084

Lot size

3.42 acres

Price per sq ft

$119

Year built

1955

Annual property taxes

$1,022

Price History

05/20/2024
TriadMLS

TriadMLS #1138264

Price change
$345,000
-0.86%
04/05/2024
TriadMLS

TriadMLS #1138264

Listed
$348,000
+145.07%
09/09/2020
TriadMLS

TriadMLS #984240

Sold
$142,000

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

$219,580
Asking price
$345,000
Closing costs (~8% of asking)
-$27,600
Est. remaining loan balance
-$97,820
Cash to seller
$219,580

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

September 2020

Original loan amount

$106,500

Est. remaining balance

$97,820

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Victoria Ellenberger and Sandeep Gopalan

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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New
TriadMLS
$349,900
3 bd
|
2.5 ba
|
2,147 sq ft
|
House

2589 Fiddlers Glenn Drive, Winston Salem, NC 27127

Status: Active

Tomo last checked: 07/07/2024 at 5:50 PM

Listing updated: 06/05/2024 at 1:13 AM

Listed by: Jennifer Reid, RE/MAX Preferred Properties Phone #: (336) 723-6711

MLS: TriadMLS #1138264

TriadMLS logo

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