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$999,750

Beds
3
Baths
3.5
sq ft
3,348

1241 Arboretum Drive, Wilmington, NC 28405

1241 Arboretum Drive

Wilmington, NC 28405

  • 1 day on market
Experience luxury in the prestigious Landfall community, where privacy and craftsmanship combine seamlessly. Custom residence offers sophistication and meticulous detail. Nestled on a high Arboretum hillside, and accessed via a long private driveway. A secluded courtyard with a gas fireplace between the main house and guest house provides a tranquil space for relaxation and entertaining. Enter the grand foyer, leading to the beautiful living room with 20-ft ceilings and grand tile fireplace. An expansive gourmet kitchen adjoins, featuring a gas stove, stone farm sink, wine pantry, granite countertops, GE Elite appliances, and Italian tile flooring. The main living area boasts Brazilian Cherry floors and tons of natural light. Rear decks offer ideal outdoor relaxation along the entire backside of the home. The formal dining room with a view of the courtyard adds the finishing touch. The main master suite provides privacy, a large walk-in closet, and a fireplace, along with a luxurious ensuite featuring a double vanity, tiled shower, Jacuzzi tub, fireplace, with relaxed mood lighting. A second master suite upstairs includes a claw-foot tub and tiled shower. The guest house is accessible via the courtyard, includes a large living area/bedroom, with fireplace, and tiled bathroom. Recent Upgrades: HVAC systems, covered back deck, encapsulated crawl spaces with dehumidifiers, freshly painted in and out, refinished floors, new water heaters, mini split heating/cooling system added in the garage, updated exterior light fixtures and gutter guards. Ext Features: Cedar siding, state-of-the-art security/fire alarm systems with video, stone walkways, cobblestone driveway, sprinklers and landscape lighting Join the Landfall Country Club for award winning restaurants, access to a 14-court tennis complex, swimming pool, fitness center, and 45 holes of golf. Schedule your appointment to view this remarkable home!

Details

Property type

Single Family Residence

Est. home value

$1,213,965

Lot size

0.46 acres

Price per sq ft

$299

Year built

2004

Annual property taxes

$6,510.21

HOA fee

$4,045

Price History

10/12/2024
NorthCarolinaRegional

NorthCarolinaRegional #100470741

Listed
$999,750
-7%
02/16/2024
NorthCarolinaRegional

NorthCarolinaRegional #100418340

Removed
$1,075,000
12/12/2023
NorthCarolinaRegional

NorthCarolinaRegional #100418340

Listed
$1,075,000
+34.21%

Schools & Community

Elementary school: 

Wrightsville Beach

Middle school: 

Noble

High school: 

New Hanover

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

$414,884
Asking price
$999,750
Closing costs (~8% of asking)
-$79,980
Est. remaining loan balance
-$504,886
Cash to seller
$414,884

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

March 2021

Original loan amount

$548,250

Est. remaining balance

$504,886

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

William T Wrenn and Jill Kerridge

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: 10/13/2024 at 9:15 AM

Listing updated: 10/12/2024 at 1:36 PM

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

MLS: NorthCarolinaRegional #100470741

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