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$160,000

Beds
3
Baths
1.5
sq ft
1,613

5041 Butterfield Drive, Winston Salem, NC 27105

5041 Butterfield Drive

Winston-Salem, NC 27105

  • 17 days on market
Prime investment potential with this large, all-brick home featuring 3+ bedrooms and a full basement with a separate entrance, kitchenette and half bath—perfect for expanded living space or rental units. Key features include Gas HVAC (2015), two masonry fireplaces, newer deck, covered porch, and very, very large outbuilding with flexible use options. City water, sewer, and nearby public transportation add to its appeal. Currently leased through March 2025 for $895/mo, offering immediate rental income with potential for average $1538/mo. once updated. Do not disturb tenants. No trespassing. With great bones and room for updates, this property is ideal for DIY'ers or investors seeking value-add opportunities and strong ROI. Sold AS-IS. Don’t miss this chance! See Agent Only for showing instructions.

Details

Property type

Single Family Residence

Lot size

0.73 acres

Price per sq ft

$100

Year built

1957

Annual property taxes

$907.62

Price History

11/05/2024
TriadMLS

TriadMLS #1162008

Listed
$160,000

Schools & Community

Neighborhood: 

Old Carver

Elementary school: 

Call School Board

Middle school: 

Call School Board

High school: 

Call School Board

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Wachovia Bank Na

Loan start date

April 2005

Original loan amount

$24,376

Est. remaining balance

Not provided

Interest rate

5.5%

Loan type

Not Provided, 20 year

Seller

Teresa A Hill

Lender

Piedmont Fsla

Loan start date

February 2002

Original loan amount

$72,000

Est. remaining balance

$32,918

Interest rate

7.14%

Loan type

Not Provided, 30 year

Seller

Teresa A Hill

Lender

Aames Home Loans

Loan start date

November 2000

Original loan amount

$61,600

Est. remaining balance

Not provided

Interest rate

7.9%

Loan type

Credit Line (Revolving), 30 year

Seller

Teresa A Hill

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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5207 Old Rural Hall Road, Winston Salem, NC 27105

Status: Active

Tomo last checked: 11/23/2024 at 7:55 AM

Listing updated: 11/11/2024 at 8:11 PM

Listed by: Clement Little, Allen Tate Winston Salem Phone #: (336) 778-3990

MLS: TriadMLS #1162008

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