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$412,000

Beds
1
Baths
1.0
sq ft
585

106 North Water Street Unit 404, Wilmington, NC 28401

106 North Water Street Unit 404

Wilmington, NC 28401

  • 445 days on market
    • Price drop $7,000↓
Welcome to the heart of Historic Downtown Wilmington. This Spectacular, fully furnished 1 bedroom, 1 bath condo is 585 square feet, located on the coveted 4th floor of the Water Street Building. This Condominium offers an unobstructed view of the majestic Cape Fear River, the iconic USS North Carolina battleship and further provides a unique advantage, with a picture-perfect view of the mesmerizing river activity, right from the cool comfort of your own living room, no need to step outside. And when you do step outside, you will greatly appreciate the large covered and protected balcony, offering the utmost privacy and panoramic river views. This property boasts easy maintenance laminate plank flooring, ceiling fans, and a new (1-year-old) water heater. The kitchen includes spacious granite counter tops, cabinets, and a full-sized oven/range. The building features 2 convenient, secure elevators and a shared owners onsite Parking Lot, just steps from your front door. In addition to the remarkable features of your new condo, its location offers a wealth of attractions and amenities, making it the perfect place. Indulge your culinary desires with an array of downtown's finest restaurants, the award-winning Wilmington River Walk, and Historical Sites, all within easy walking distance. And do not forget the many beaches and costal waterways that are only a short drive away. Whether you intend to call this condo your permanent residence, your part-time getaway, or place it as an AirBNB the HOA allows short-term rentals, making this property a hot commodity for both investors and homeowners alike. ***NOTE: The HVAC is brand new and was installed on March 4, 2024! The condo is in excellent shape.

Details

Property type

Condominium

Est. home value

$411,894

Lot size

Unknown

Price per sq ft

$705

Year built

2000

Annual property taxes

$2,216.03

HOA fee

$2,880

Price History

07/18/2024
NorthCarolinaRegional

NorthCarolinaRegional #100403350

Listed
$412,000
06/08/2024
NorthCarolinaRegional

NorthCarolinaRegional #100403350

Removed
$412,000
05/21/2024
NorthCarolinaRegional

NorthCarolinaRegional #100403350

Listed
$412,000
+17.71%

Schools & Community

Elementary school: 

Snipes

Middle school: 

Williston

High school: 

New Hanover

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

South State Bank

Loan start date

February 2018

Original loan amount

$191,250

Est. remaining balance

Not provided

Interest rate

4.12%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

James W Kirkpatrick

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?

Status: Active

Tomo last checked: 11/23/2024 at 6:55 AM

Listing updated: 11/03/2024 at 9:07 AM

Listed by: David and Francisca Oller Team, Intracoastal Realty Corporation Phone #: (910) 769-8290

MLS: NorthCarolinaRegional #100403350

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