tomo logo

$550,000

Beds
4
Baths
2.0
sq ft
1,825

12 North 23rd Street, Wilmington, NC 28405

12 North 23rd Street

Wilmington, NC 28405

  • 50 days on market
The Detached Studio Apartment at 12 N 23rd St is the highlight of this property, offering fantastic opportunities for rental income, a private guest suite, or a home office. This fully renovated mid-century home in downtown is move-in ready and available to be sold fully furnished, ensuring a smooth and easy transition for buyers. The main house features beautifully refinished original hardwood floors and a grand primary bedroom with double closets and a spacious ensuite bath, complete with a 60'' double vanity and stone countertops. On the opposite side of the house, you'll find three additional bedrooms and a large shared bathroom, featuring custom tilework, a stone-top vanity, and a convenient washer/dryer closet. The kitchen has been updated with new cabinets, quartz countertops, a custom tile backsplash, and stainless steel appliances—all included in the sale. The home also includes new custom blinds (installed in 2019), replacement windows (2019), and a new roof (2018). A large off-street parking area and natural gas hookup further enhance the appeal of this property. Step outside to the backyard oasis, where you'll find a charming cowboy pool surrounded by a spacious deck, perfect for relaxing or entertaining. This outdoor space offers the ideal retreat on warm days, with plenty of room for seating and lounging. The Detached Studio Apartment (ADU) is a 300 sq ft gem, ideal for short-term rentals, guest accommodations, or as a private workspace. Whether you're looking for extra income or an additional living space, this versatile unit is a tremendous asset to the property. Located just minutes from downtown and close to the airport, this home offers both urban convenience and a private retreat. Don't miss out on this downtown gem with its incredible studio apartment and inviting outdoor space!

Details

Property type

Single Family Residence

Est. home value

$533,675

Lot size

7,405 sq ft

Price per sq ft

$302

Year built

1953

Price History

10/04/2024
NorthCarolinaRegional

NorthCarolinaRegional #100469524

Listed
$550,000
09/25/2024
NorthCarolinaRegional

NorthCarolinaRegional #100461102

Removed
$550,000
08/22/2024
NorthCarolinaRegional

NorthCarolinaRegional #100461102

Price change
$550,000
-4.35%

Schools & Community

Elementary school: 

Freeman

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

$110,968
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$395,032
Cash to seller
$110,968

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

Seller’s Loan History

Lender

Affiliated Mortgage Services

Loan start date

June 2023

Original loan amount

$401,250

Est. remaining balance

$395,032

Interest rate

6.35%

Loan type

New Conventional, 30 year

Seller

Joseph A Smith and Alicia H 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?

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Status: Active

Tomo last checked: 11/23/2024 at 4:15 AM

Listing updated: 10/11/2024 at 6:36 PM

Listed by: Jeremiah Barnett, Keller Williams Innovate-Wilmington Phone #: (910) 777-2200

MLS: NorthCarolinaRegional #100469524

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