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$699,500

Beds
4
Baths
2.5
sq ft
2,128

105 Magnolia Street, Wilmington, NC 28401

105 Magnolia Street

Wilmington, NC 28401

  • 124 days on market
    • Price drop $15,400↓
Welcome to this impeccable, like-new home boasting 4 bedrooms and 2.5 bathrooms of luxurious living space meticulously crafted by SER Homes in 2023. Situated next to a charming community garden, this 2,128 square-foot home offers a serene setting with impressive craftsmanship and design throughout, beginning with a tongue and groove stained ceiling on the front porch. Step inside to discover a spacious open floor plan with white oak hardwood floors, gorgeous custom cove crown molding, 9-foot ceilings downstairs, creating an inviting atmosphere for family and guests. The elegant ¾'' blonde plywood triple finished accent wall and built-in electric fireplace adds warmth and sophistication to the living room while the built-in desk area provides privacy and convenience. The gourmet kitchen is a chef's dream, featuring frameless high gloss white cabinets with under cabinet lighting, White Sand quartz countertops with a gold under-mount sink, and Samsung black stainless appliances including induction range. Retreat to the master suite highlighting a gorgeous walk-in closet with custom built-in shelving and barn door and an en suite bathroom with a luxurious fully tiled shower and double vanities. A sun tunnel skylight illuminates the modern white oak tread staircase and blonde plywood triple-finished accent wall leading upstairs where you'll find three spacious bedrooms with timeless wood finishes, each with a walk-in closet, and the impressive second full bathroom with access to the owner's closet. Other features include fiber cement siding, two off-street parking spaces, and a Trane HVAC system for prime energy efficiency. Currently operating as an AirBNB, the photos show how it will attract guests for years to come. Only a short walk to numerous dining, shopping, and entertainment options on the award-winning historic Wilmington Riverfront Boardwalk, including the popular Live Oak Bank Amphitheater. This spectacular home won't last long - call today to make it your

Details

Property type

Single Family Residence

Est. home value

$663,458

Lot size

2,483 sq ft

Price per sq ft

$329

Year built

2023

Price History

06/17/2024
NorthCarolinaRegional

NorthCarolinaRegional #100430984

Price change
$699,500
-2.15%
06/08/2024
NorthCarolinaRegional

NorthCarolinaRegional #100430984

Removed
$714,900
03/05/2024
NorthCarolinaRegional

NorthCarolinaRegional #100430984

Listed
$714,900
+614.9%

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

$121,515
Asking price
$699,500
Closing costs (~8% of asking)
-$55,960
Est. remaining loan balance
-$522,025
Cash to seller
$121,515

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

July 2023

Original loan amount

$527,200

Est. remaining balance

$522,025

Interest rate

6.71%

Loan type

New Conventional, 30 year

Seller

Maryann Combs Gray and Bryan Ferguson Gray

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: 07/07/2024 at 5:10 PM

Listing updated: 07/01/2024 at 5:13 PM

Listed by: Jeff Lesley, Century 21 Vanguard Phone #: (910) 769-1465

MLS: NorthCarolinaRegional #100430984

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