tomo logo

$180,000

Beds
2
Baths
1.0
sq ft
886

6051 Phelps Circle, Winston Salem, NC 27105

6051 Phelps Circle

Winston-Salem, NC 27105

  • <1 day on market
Investors take a look! Conveniently located to the new 74. This cute cottage makes a great rental property or it could be a place to start as a first time homebuyer. The arched doorways add character to the home. The screened porch invites you to have your morning coffee there on warm mornings or just relax after a hard days work. Large deck on back of the house big enough for grilling and entertaining a few friends overlooking the nice sized fenced yard. The seller would like to sell to an investor that would allow current renters to remain; however if someone wants to purchase the property to reside in, he will consider that as well . DO NOT DISTURB THE CURRENT RENTERS. APPOINTMENTS MUST BE MADE TO VIEW THE PROPERTY

Details

Property type

Single Family Residence

Est. home value

$149,225

Lot size

0.45 acres

Price per sq ft

$204

Year built

1941

Annual property taxes

$366.6

Price History

01/31/2025
TriadMLS

TriadMLS #1168926

Listed
$180,000
+38.46%
02/16/2022
TriadMLS

TriadMLS #1054677

Sold
$130,000
+276.81%
09/08/2016
TriadMLS

TriadMLS #801382

Sold
$34,500

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

$49,709
Asking price
$180,000
Closing costs (~8% of asking)
-$14,400
Est. remaining loan balance
-$115,891
Cash to seller
$49,709

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

Seller’s Loan History

Lender

Ameris Bank

Loan start date

February 2022

Original loan amount

$123,500

Est. remaining balance

$115,891

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Dustin L Huffman

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: 01/31/2025 at 12:45 AM

Listing updated: 01/30/2025 at 7:56 PM

Listed by: Melissa Dillon, Be There Realty, LLC Phone #: (336) 708-9433

MLS: TriadMLS #1168926

TriadMLS logo

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