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$345,000

Beds
3
Baths
2.0
sq ft
1,360

718 Magnolia Street, Winston Salem, NC 27103

718 Magnolia Street

Winston-Salem, NC 27103

  • Coming soon
Classic 1950’s Ardmore bungalow with so much charm. Bright and cheerful throughout this 3 bedroom, 2 bath home. Fabulous primary addition with en suite bathroom and door to deck makes this home extra special. Step into the spacious living room with fireplace from the front door or adorable side porch. The living room opens to the updated kitchen with open shelving, SS appliances, pantry & eat-at bar, dining room and fantastic office/craft space built for 2 overlooking the backyard with bay windows. Two delightful bedrooms share a hall bath. The laundry is oh so convenient in the primary walk-in closet. Beautiful hardwood & tile flooring abounds. The versatile, walk-out, lower level is perfect for a hang-out space and storage. Enjoy the huge deck overlooking a fenced backyard, plus patio for firepit/cornhole etc. Additional storage for your yard items. All located close to Miller Park and shops that make Ardmore so unique.

Details

Property type

Single Family Residence

Est. home value

$265,738

Lot size

0.30 acres

Price per sq ft

$254

Year built

1948

Annual property taxes

$2,201

Price History

01/13/2022
TriadMLS

TriadMLS #1051479

Sold
$230,000

Schools & Community

Neighborhood: 

Ardmore

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

$108,479
Asking price
$345,000
Closing costs (~8% of asking)
-$27,600
Est. remaining loan balance
-$208,921
Cash to seller
$108,479

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

Seller’s Loan History

Lender

Prosperity Home Mortgage Llc

Loan start date

January 2022

Original loan amount

$223,100

Est. remaining balance

$208,921

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Christopher Colangelo and Blaire Colangelo

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: Coming Soon

Tomo last checked: 01/30/2025 at 3:35 AM

Listing updated: 01/29/2025 at 11:16 AM

Listed by: Susan Maier Colon, Berkshire Hathaway HomeServices Carolinas Realty Phone #: (336) 768-3300

MLS: TriadMLS #1168522

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