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$735,000

Beds
3
Baths
2.5
sq ft
1,909

1211 Verandah Way, Wilmington, NC 28411

1211 Verandah Way

Wilmington, NC 28411

  • 203 days on market
    • Price drop $15,000↓
Stunning home located in the coveted, storybook subdivision of Laurel Lea! This classic Charleston-style home features a charming two story covered front porch overlooking a 7-acre freshwater lake. The entire first floor has 9 ft ceilings which boasts a spacious Kitchen, breakfast area with screened porch, a Living area with custom built bookshelves and cabinets, gas fireplace, formal Dining Room, as well as, an updated Powder Room. This floor plan makes entertaining a breeze! The second floor features a lakeside primary bedroom that opens to a private porch, an ensuite bath and large walk- in closet upgraded with an Elfa custom closet system. Also located on this level are 2 additional bedrooms, a bathroom, and a large laundry room. Access the large driveway on the backside of the home via a side road. The detached two car garage (950 sq feet) has a generous unfinished space perfect for a private office, gym, or bonus room. Enjoy the outdoors in the picket fence framed backyard featuring plenty of privacy, a large patio area and an outdoor shower. This precious home nestled in the Porters Neck suburb of Wilmington, is bordered by Eagles Point Golf (a premier private golf course) and is located close to Figure Eight Island. The Laurel Lea Community offers a community pool, a private gazebo/deck overlooking the lake and a dock for launching paddleboards and kayaks. There is a community garden area, storage lot for your boat, nature trails, and frisbee golf course. Front yard maintenance is included. Upgraded interior lighting, stainless steel appliances and custom landscape lighting are just a few of the many upgrades you will find in this home (see Features List in documents). New ROOF in 2024! Call to schedule a showing today! The contract falling through had nothing to do with the condition of the home or any inspections.

Details

Property type

Single Family Residence

Est. home value

$669,103

Lot size

0.29 acres

Price per sq ft

$386

Year built

1995

Annual property taxes

$2,264.52

HOA fee

$2,352

Price History

10/11/2024
NorthCarolinaRegional

NorthCarolinaRegional #100439642

Price change
$735,000
-2%
09/27/2024
NorthCarolinaRegional

NorthCarolinaRegional #100439642

Pending
$750,000
08/23/2024
NorthCarolinaRegional

NorthCarolinaRegional #100439642

Price change
$750,000
-5.66%

Schools & Community

Elementary school: 

Porters Neck

Middle school: 

Holly Shelter

High school: 

Laney

Community features: 

Pool

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

$538,442
Asking price
$735,000
Closing costs (~8% of asking)
-$58,800
Est. remaining loan balance
-$137,758
Cash to seller
$538,442

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

Seller’s Loan History

Lender

First Citizens Bank & Trust Co

Loan start date

January 2019

Original loan amount

$200,000

Est. remaining balance

$137,758

Interest rate

4.21%

Loan type

Not Provided, 15 year

Seller

Mgls Llc

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: 11/08/2024 at 1:15 PM

Listing updated: 10/11/2024 at 11:06 AM

Listed by: Jo El J Skipper, Figure Eight Realty Phone #: (910) 686-4400

MLS: NorthCarolinaRegional #100439642

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