tomo logo

$380,000

Beds
1
Baths
1.0
sq ft
585

106 North Water Street Unit 802, Wilmington, NC 28401

106 North Water Street Unit 802

Wilmington, NC 28401

  • 49 days on market
LOCATION WITH AMAZING VIEW! 8th floor one bedroom condo in 9-story hi-rise with fabulous view of that lazy hazy Cape Fear River! Two elevators, security entrance, lobby with po boxes. The condo is owner occupied who made major upgrades a few years ago. Lovely black shaker cabinets, easy pullout dishwasher, convection oven, quartz countertops, plumbing and electrical overhaul including new kitchen lighting. Bathroom has quartz counter tops, new fixtures and lighting. A tankless water heater was installed in '23. Remote controlled shades over the large river view sliding glass door leading to the balcony. Popcorn ceiling was removed and rehabbed to create a smooth ceiling surface. Owners personal wall art does not convey as well as a few other items that are detailed in a list. Some items are negotiable. Location is perfect for shopping, restaurants, coffee shops and pubs. The 1.75 mile riverwalk along the scenic river is perfect for exercise and fresh air. One owner parking is behind the building, unassigned and monitored by license recognition. Unit can be rented short or long term for rental income. Enjoy the Historical Downtown experience.

Details

Property type

Condominium

Est. home value

$397,397

Lot size

Unknown

Price per sq ft

$650

Year built

2000

Annual property taxes

$1,191.15

HOA fee

$3,000

Price History

11/04/2024
NorthCarolinaRegional

NorthCarolinaRegional #100474262

Listed
$380,000
+61.7%
08/15/2019
NorthCarolinaRegional

NorthCarolinaRegional #100173878

Sold
$235,000

Schools & Community

Elementary school: 

Snipes

Middle school: 

Williston

High school: 

New Hanover

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

$181,687
Asking price
$380,000
Closing costs (~8% of asking)
-$30,400
Est. remaining loan balance
-$167,913
Cash to seller
$181,687

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

August 2019

Original loan amount

$188,000

Est. remaining balance

$167,913

Interest rate

3.73%

Loan type

New Conventional, 30 year

Seller

Thomas E Smith and Brenda L Smith

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: 12/23/2024 at 10:30 AM

Listing updated: 11/06/2024 at 4:57 PM

Listed by: Donna J Halsey, Network Real Estate Phone #: (910) 772-1622

MLS: NorthCarolinaRegional #100474262

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