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$319,000

Beds
3
Baths
1.0
sq ft
1,580

1108 South 8th Street, Wilmington, NC 28401

1108 South 8th Street

Wilmington, NC 28401

  • 12 days on market
Updated cottage loaded with historic charm. This home sits on 1 1/2 lots which provides numerous opportunities to expand. Come and see the character thru out as well as the new detached storage building that has HVAC, plus separate electric meter, and water available while also having alley access.

Details

Property type

Single Family Residence

Est. home value

$215,247

Lot size

7,841 sq ft

Price per sq ft

$202

Year built

1907

Price History

06/28/2024
NorthCarolinaRegional

NorthCarolinaRegional #100451829

Listed
$319,000
06/21/2024
NorthCarolinaRegional

NorthCarolinaRegional #100451829

Removed
$319,000
06/21/2024
NorthCarolinaRegional

NorthCarolinaRegional #100451829

Listed
$319,000
+219%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

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

$225,071
Asking price
$319,000
Closing costs (~8% of asking)
-$25,520
Est. remaining loan balance
-$68,409
Cash to seller
$225,071

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

January 2020

Original loan amount

$75,000

Est. remaining balance

$68,409

Interest rate

3.66%

Loan type

New Conventional, 30 year

Seller

Richard J Petersen and Deirdre Petersen

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: 07/02/2024 at 8:00 PM

Listing updated: 07/02/2024 at 2:49 PM

Listed by: Vicki B Foster, Southeastern Real Estate Co, Inc. Phone #: (910) 259-7156

MLS: NorthCarolinaRegional #100451829

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Recently listed in Wilmington