tomo logo

$275,000

Beds
3
Baths
1.0
sq ft
1,041

1112 South 10th Street, Wilmington, NC 28401

1112 South 10th Street

Wilmington, NC 28401

  • 1 day on market
This delightful 3-bedroom, 1-bath cottage was built in the 1920s and thoughtfully updated to offer the best of both worlds. Located just a short distance from downtown and the lively Soda Pop and Cargo Districts, this home offers 1,041 sq. ft. of cozy living space with a large backyard. The interior blends classic charm with contemporary upgrades, including new flooring, fresh paint, updated lighting, and sleek granite countertops. The spacious kitchen is perfect for entertaining and flow into the living and dining areas - which are filled with natural light, creating a welcoming atmosphere throughout. The bathroom has been updated with modern finishes, and laundry closet with a washer and dryer add to the home's convenience. Outside, enjoy a front porch with a relaxing view of the nearby preschool or head to the backyard—partially fenced and full of possibilities for outdoor enjoyment, gardening, or expansion. With a shared driveway providing off-street parking and the home's proximity to local hotspots, this cottage is not only a perfect place to call home but also a fantastic investment opportunity. Previously a successful long-term rental, it's ready for its next chapter. If you're looking for a home with character, updates, and room to grow, this charming 1920s cottage is the one for you!

Details

Property type

Single Family Residence

Est. home value

$256,938

Lot size

6,011 sq ft

Price per sq ft

$265

Year built

1928

Annual property taxes

$1,299.78

Price History

01/12/2025
NorthCarolinaRegional

NorthCarolinaRegional #100483225

Listed
$275,000
+57.23%
07/29/2020
NorthCarolinaRegional

NorthCarolinaRegional #100220594

Sold
$174,900
+249.8%
12/30/2014
NorthCarolinaRegional

NorthCarolinaRegional #30514845

Sold
$50,000

Schools & Community

Elementary school: 

Forest Hills

Middle school: 

Myrtle Grove

High school: 

Hoggard

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

$97,907
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$155,093
Cash to seller
$97,907

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

Seller’s Loan History

Lender

Townebank Mortgage

Loan start date

July 2020

Original loan amount

$171,731

Est. remaining balance

$155,093

Interest rate

3.15%

Loan type

FHA, 30 year

Seller

Cheryl Ann William

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: 01/13/2025 at 4:40 AM

Listing updated: 01/12/2025 at 4:52 PM

Listed by: Pinpoint Properties, Real Broker LLC Phone #: (919) 348-2585

MLS: NorthCarolinaRegional #100483225

NorthCarolinaRegional logo

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