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$1,579,000

Beds
3
Baths
3.5
sq ft
3,548

1105 Arboretum Drive, Wilmington, NC 28405

1105 Arboretum Drive

Wilmington, NC 28405

  • 15 days on market
Modern. Special. Sleek. Unique. This one-of-a-kind, Landfall residence overlooks a lovely lake & fountain offering a peaceful setting. An ideal open concept floorplan with mostly 1 level living including 3 bedrooms, 3.5 newly renovated bathrooms, plus a renovated loft (with full bath) ideal for a Home Office / Exercise Room / Media Room / Meditation Room / 4th bedroom. The newly remodeled (2022) Kitchen is complete with a beautiful tile backsplash, crisp countertops, wine refrigerator, cabinets with roll out shelves & abundant storage, Subzero refrigerator, double oven with induction cooktop, Thermador microwave, and reverse osmosis at the sink. The stunning custom marble natural gas fireplace offers a variety of colors, and is also a piece of art ($60k value, only 2 in NC!). You'll love retiring at the end of a long day in your soothing Primary Retreat with beautifully tiled walk-in shower, and walk-in closet with custom built-ins. Other recent improvements include: home expansion & complete renovation of the loft area, 14 new windows, sealed crawlspace, 1 new HVAC unit (2022), and new light fixtures (see full list for more). The outdoor space offers privacy & tranquility on the travertine tiled patio or pergola covered porch, nice exterior lighting, and even room for a pool on the ½ acre lot! Additional special features include solar panels (paid for), art lighting, newer roof (2016 & 2022), and all existing appliances including 2 sets of washers & dryers convey.

Details

Property type

Single Family Residence

Est. home value

$1,044,187

Lot size

0.52 acres

Price per sq ft

$446

Year built

1997

Annual property taxes

$5,900.34

HOA fee

$4,038

Price History

09/07/2024
NorthCarolinaRegional

NorthCarolinaRegional #100464787

Listed
$1,579,000
+91.39%
05/21/2021
NorthCarolinaRegional

NorthCarolinaRegional #100266293

Sold
$825,000
+95.27%
05/06/2016
NorthCarolinaRegional

NorthCarolinaRegional #100002320

Sold
$422,500

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

$942,866
Asking price
$1,579,000
Closing costs (~8% of asking)
-$126,320
Est. remaining loan balance
-$509,814
Cash to seller
$942,866

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

Seller’s Loan History

Lender

Atlantic Bay Mortgage Group Llc

Loan start date

May 2021

Original loan amount

$548,250

Est. remaining balance

$509,814

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Patrice M Frau and Nathalie M Frau

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: 09/19/2024 at 10:45 PM

Listing updated: 09/10/2024 at 9:47 AM

Listed by: Michelle Clark-Bradley, Intracoastal Realty Corp Phone #: (910) 256-4503

MLS: NorthCarolinaRegional #100464787

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