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$2,195,000

Beds
4
Baths
5.0
sq ft
4,815

1056 Ocean Ridge Drive, Wilmington, NC 28405

1056 Ocean Ridge Drive

Wilmington, NC 28405

  • 65 days on market
A cherished Landfall classic has been totally updated from top to bottom! Located on Ocean Ridge Drive, one of Landfall's most sought after streets, this all brick Williamsburg design overlooks a fresh water pond, the 3rd hole of the Nicklaus designed Ocean course and broken views of the intracoastal waterway across the street. This custom design and quality build by Old South Building features over 4800 square feet with an open floor plan, large rooms, 10' ceilings on the first floor that vault to 14' in the great room. No expense has been spared with tasteful updates including a brand new kitchen, master bath, new roof, added hardwood flooring throughout, painted every surface (inside and out!), encapsulated crawlspace, professional garage epoxy floor, all new irrigation and landscaping. Please ask listing agent, Vance Young, for a complete list of all updates. Generous outdoor living can be found on all sides of the house including a huge rocking chair front porch, screened porch, sunroom and garden terrace. A first floor master suite includes his and hers walk-in closets with built-ins and spectacular new bath with frameless glass shower and soaking tub. The east facing front captures the morning sun in the formal dining room and study. (The study could be a potential 5th bedroom as it has access to a full bath across the hall). The upstairs includes 3 bedrooms, 3 baths, a large sitting area, an upstairs study and walk-in attic. The back of the house faces west and get incredible filtered light through a canopy of mature hardwoods. Enjoy the best that Landfall has to offer with this quiet cul-de-sac location and impeccably updated design. This home will embrace you from the moment you step inside with a calming sense of quality and style. When only the best will do!

Details

Property type

Single Family Residence

Est. home value

$1,435,963

Lot size

0.5 acres

Price per sq ft

$456

Year built

1998

HOA fee

$4,000

Price History

07/24/2024
NorthCarolinaRegional

NorthCarolinaRegional #100456264

Listed
$2,195,000
+56.79%
04/28/2023
NorthCarolinaRegional

NorthCarolinaRegional #100377303

Sold
$1,400,000

Schools & Community

Elementary school: 

Wrightsville Beach

Middle school: 

Noble

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

$1,723,728
Asking price
$2,195,000
Closing costs (~8% of asking)
-$175,600
Est. remaining loan balance
-$295,672
Cash to seller
$1,723,728

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

April 2023

Original loan amount

$300,000

Est. remaining balance

$295,672

Interest rate

6.73%

Loan type

New Conventional, 30 year

Seller

Anna Maria Casas Rudreck

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: 09/20/2024 at 12:25 AM

Listing updated: 07/28/2024 at 9:09 AM

Listed by: Vance B Young, Intracoastal Realty Corp Phone #: (910) 256-4503

MLS: NorthCarolinaRegional #100456264

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