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$179,900

Beds
2
Baths
2.0
sq ft
1,152

612 Timberline Ridge Lane, Winston Salem, NC 27106

612 Timberline Ridge Lane

Winston-Salem, NC 27106

  • 2 days on market
Welcome to Deacon Ridge Condos, a gated community offering convenience and comfort! This 1,152 sq. ft. condo has been refreshed with new stainless steel appliances, brand-new flooring, and fresh paint throughout, making it truly move-in ready. The open floor plan features a bright and airy living area, complete with a gas fireplace for cozy evenings. With 2 spacious bedrooms and 2 full baths, this home provides a low-maintenance lifestyle in a prime location. Enjoy the best of Winston-Salem, just 3 minutes from Wake Forest University and 10 minutes from downtown, with easy access to shopping, dining, and entertainment. Don’t miss this opportunity—schedule your showing today!

Details

Property type

Condominium

Est. home value

$164,901

Lot size

Unknown

Price per sq ft

$157

Year built

2000

Annual property taxes

$2,447

Monthly HOA fee

$257.73

Price History

02/19/2025
TriadMLS

TriadMLS #1170744

Listed
$179,900
+93.44%
11/13/2019
TriadMLS

TriadMLS #949033

Sold
$93,000
+35.77%
09/16/2015
TriadMLS

TriadMLS #750664

Sold
$68,500

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

$82,629
Asking price
$179,900
Closing costs (~8% of asking)
-$14,392
Est. remaining loan balance
-$82,879
Cash to seller
$82,629

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 And Trust Co Inc

Loan start date

October 2019

Original loan amount

$93,000

Est. remaining balance

$82,879

Interest rate

3.49%

Loan type

New Conventional, 30 year

Seller

Madeline Fouche Holly

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: 02/22/2025 at 2:30 PM

Listing updated: 02/22/2025 at 1:21 AM

Listed by: Gerald Mack, Gerald Mack Realty Phone #: (919) 672-4138

MLS: TriadMLS #1170744

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