tomo logo

$335,000

Beds
2
Baths
2.0
sq ft
1,530

925 Franklin Street, Winston Salem, NC 27101

925 Franklin Street

Winston-Salem, NC 27101

  • 19 days on market
    • Price drop $14,000↓
Gorgeous renovated cottage situated in prime West Salem location near downtown! The mix of historic charm & tasteful updates creates inviting spaces throughout. Spacious living room w/tall ceilings & wall-to-wall built-ins leads to a cute dining room. Nearby, fabulous updated kitchen boasts granite counters, separate island, tile backsplash, SS appliances & floating shelves. Relax in the adjacent cozy den w/gas log FP or in the cheery sunroom ready to enjoy in all seasons. Primary bedroom boasts an adorable ensuite bath w/walk-in shower. 2nd bedroom + full bath w/clawfoot tub. So many features to love-wood floors, wide doorways, beautiful light fixtures & more! Don't forget to check out the outdoor spaces, whether relaxing on the front porch, playing in the fenced yard or hosting gatherings under the carport! Storage galore-walk up attic & unfinished bsmnt w/ample space for workshop. Live blocks from downtown amenities incl West Salem Public House, baseball stadium, Old Salem & more!

Details

Property type

Single Family Residence

Est. home value

$316,626

Lot size

9,148 sq ft

Price per sq ft

$219

Year built

1922

Annual property taxes

$2,458

Price History

10/16/2024
TriadMLS

TriadMLS #1157796

Price change
$335,000
-4.01%
10/03/2024
TriadMLS

TriadMLS #1157796

Listed
$349,000
+26.91%
10/04/2021
TriadMLS

TriadMLS #1038655

Sold
$275,000

Schools & Community

Neighborhood: 

Wachovia Highlands

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

$132,435
Asking price
$335,000
Closing costs (~8% of asking)
-$26,800
Est. remaining loan balance
-$175,765
Cash to seller
$132,435

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

November 2021

Original loan amount

$187,500

Est. remaining balance

$175,765

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Sarah Ecknart

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: 10/22/2024 at 4:50 PM

Listing updated: 10/16/2024 at 12:56 PM

Listed by: Abby Atwell, Keller Williams Realty Elite Phone #: (336) 283-8691

MLS: TriadMLS #1157796

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