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$1,629,000

Beds
4
Baths
3.5
sq ft
3,548

1105 Arboretum Drive, Wilmington, NC 28405

1105 Arboretum Drive

Wilmington, NC 28405

  • <1 day on market
Modern. Special. Sleek. Unique. This one-of-a-kind, Landfall residence underwent a complete remodel in 2021/2022 with numerous high-end improvements including a home extension of more than 1200 sf. The heart of this home is the gourmet Kitchen with an impressive central island, Subzero & Thermador appliances, and a reverse osmosis system for pure drinking water. The home 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 multi-purpose room over the 2 car garage with its own full bathroom can serve as a 4th Bedroom, Office or flex space. 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: 14 new windows during the expansion, 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, a beautifully landscaped garden, and is ready for a swimming 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

$460

Year built

1997

Annual property taxes

$5,900.34

HOA fee

$4,066

Price History

02/01/2025
NorthCarolinaRegional

NorthCarolinaRegional #100486483

Listed
$1,629,000
+3.17%
11/01/2024
NorthCarolinaRegional

NorthCarolinaRegional #100464787

Removed
$1,579,000
09/07/2024
NorthCarolinaRegional

NorthCarolinaRegional #100464787

Listed
$1,579,000
+91.39%

Schools & Community

Elementary school: 

Wrightsville Beach

Middle school: 

Noble

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

$992,938
Asking price
$1,629,000
Closing costs (~8% of asking)
-$130,320
Est. remaining loan balance
-$505,742
Cash to seller
$992,938

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

$505,742

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?

Status: Active

Tomo last checked: 02/02/2025 at 12:40 AM

Listing updated: 02/01/2025 at 4:57 PM

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

MLS: NorthCarolinaRegional #100486483

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