$204,120

3 Beds   2 Baths   1,421 Sq. Ft.
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Denise Ln
Winston Salem, NC 27127

Potential Profit

$108,408

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Status: Inactive
Listing ID: 58383977

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Property Information

  • Price: $204,120
  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,421
  • Total Rooms: 6
  • Parking: Garage (1 space)
  • Year Built: 1986
  • Source ID: 387-423157
  • Additional Information: Eligible Bidders: All Bidders, 203K Eligible: Yes
  • Day(s) On Site: 124
  • Input Date: 10-20-2022
  • Subdivision: DARWICK ACRES SEC 05 PH 01
  • Financing Type: FHA Insured Escrow
  •  

Public Records

  • Bedrooms: 3
  • Baths: 2
  • Full Baths: 2
  • Rooms: 5
  • No. of Stories: 1
  • Air Conditioning: YES
  • Fireplaces: YES
  • Construction Type: FRAME
  • Exterior Wall Type: LOG
  • Foundation Type: MASONRY
  • Heating Type: HEAT PUMP
  • Roof Material: ASPHALT SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 28,749
  • Year Built: 1986
  • APN: 6812-63-6906
  • Property Type: Single Family Residence
  • Township: WINSTON SALEM TOWNSHIP
  • Front Footage: 216
  • Depth Footage: 150
  • Living Sqft: 1,450
  • Style: CONVENTIONAL
  • Sewer Type: PUBLIC
  • Water Type: PUBLIC
  • Subdivision: DARWICK ACRES SEC 05 PH 01

$100 Down HUD Home

Purchase this incredible HUD home with just a $100 down payment! U.S. Department of Housing and Urban Development (HUD) is a federal agency that insures mortgages to homeowners through its Federal Housing Administration (FHA). Therefore, when banks foreclose on HUD-guaranteed mortgages, the government agency acquires the properties and often offers them for sale at super low prices to the public. HUD houses are among the very best deals in real estate today and, accordingly, don't last long on the market. Act fast!

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Rental Value

The estimated rental value for Denise Ln located in Winston Salem, NC is $1,160/month. Comparable homes around Denise Ln that are rentals have monthly ranges starting as low as $1,100 per month and as high as $1,220 per month. An owner looking to use this property as an investment could bring a return in the area of $1,100 - $1,220 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.


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Homes On This Street
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Denise Ln
Winston Salem, NC 27127

3 Beds   2 Baths   1,421 sq. ft.

$204,120

Status: Inactive Listing ID: 58383977

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Denise-Ln-Winston-Salem-NC-27127/58383977_lid

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