tomo logo

$265,000

Beds
1
Baths
1.0
sq ft
703

851 West Fourth Street Unit 14, Winston Salem, NC 27101

851 West Fourth Street Unit 14

Winston-Salem, NC 27101

  • 148 days on market
    • Price drop $10,000↓
Low maintenance living in beautiful West End! East facing 1BR/1BA with sweeping views of the downtown W-S skyline. Freshly painted and move in ready! All stainless appliances with brand new gas range. Access the covered balcony from both the living area and the primary bedroom. Gated, covered parking for one car. In unit W/D. Gas line for grill on balcony. Become a regular at Winston's top spots; Joyner's, Mozelle's, West End Cafe, Bernardin's, 4th St Filling Station—the list goes on. Walkable to Hanes Park and Easy access to 421. Don't miss this one, these units rarely hit the market!

Details

Property type

Condominium

Est. home value

$226,133

Lot size

436 sq ft

Price per sq ft

$377

Year built

1999

Annual property taxes

$2,344.24

Monthly HOA fee

$229.88

Price History

09/24/2024
TriadMLS

TriadMLS #1147286

Price change
$265,000
-3.64%
07/17/2024
TriadMLS

TriadMLS #1147286

Price change
$275,000
-2.65%
06/28/2024
TriadMLS

TriadMLS #1147286

Listed
$282,500
+90.88%

Schools & Community

Neighborhood: 

Westend

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

$150,395
Asking price
$265,000
Closing costs (~8% of asking)
-$21,200
Est. remaining loan balance
-$93,405
Cash to seller
$150,395

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

September 2014

Original loan amount

$118,400

Est. remaining balance

$93,405

Interest rate

4.12%

Loan type

New Conventional, 30 year

Seller

Wayne C Schilly

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: 11/23/2024 at 10:25 AM

Listing updated: 09/25/2024 at 1:16 AM

Listed by: Derrick Lasley, Coldwell Banker Advantage Phone #: (336) 725-0506

MLS: TriadMLS #1147286

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