tomo logo

$849,000

Beds
4
Baths
4.5
sq ft
4,429

5241 Cedarwood Creek Drive, Winston Salem, NC 27104

5241 Cedarwood Creek Drive

Winston-Salem, NC 27104

  • 4 days on market
Style and comfort blend beautifully in this stunning Sherwood Forest home. Popular open concept of updated kitchen/casual dining/keeping room with adjacent great room gives generous space to gather with friends and family. Main level primary suite has two walk-in closets, tile shower, freestanding tub. Second floor has 3 spacious bedrooms, one with an ensuite bathroom; the other 2 bedrooms share a buddy bathroom. Huge finished basement has den with fireplace, full bathroom, playroom and recreational area with bar. Options for storage, exercise, workshop in unfinished basement area. Deck and patio overlook level backyard, complete with a sport court. List of recent updates provided in MLS attachments.

Details

Property type

Single Family Residence

Est. home value

$759,833

Lot size

0.45 acres

Price per sq ft

$192

Year built

1996

Annual property taxes

$7,370.31

Monthly HOA fee

$22.92

Price History

09/13/2024
TriadMLS

TriadMLS #1155637

Listed
$849,000
+13.58%
04/28/2022
TriadMLS

TriadMLS #1063236

Sold
$747,500
+45.15%
06/10/2016
TriadMLS

TriadMLS #788740

Sold
$515,000

Schools & Community

Neighborhood: 

Cedar View

Elementary school: 

Call School Board

Middle school: 

Call School Board

High school: 

Call School Board

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

$208,961
Asking price
$849,000
Closing costs (~8% of asking)
-$67,920
Est. remaining loan balance
-$572,119
Cash to seller
$208,961

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

Seller’s Loan History

Lender

Nfm Inc

Loan start date

April 2022

Original loan amount

$598,000

Est. remaining balance

$572,119

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Victoria Cade Jessup Ellis

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: 09/18/2024 at 12:40 AM

Listing updated: 09/13/2024 at 9:55 AM

Listed by: Ginny Burcham, Long & Foster Real Estate, Inc Phone #: (336) 999-8598

MLS: TriadMLS #1155637

TriadMLS logo

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