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$450,000

Beds
4
Baths
1.5
sq ft
1,468

1311 Grace Street, Wilmington, NC 28401

1311 Grace Street

Wilmington, NC 28401

  • 5 days on market
    • Open house Feb 22
RENOVATIONS ARE DONE! This newly renovated home perfectly blends historic charm with modern updates, showcasing beautiful real wood floors throughout. This home exudes warmth and character at every turn. The four bedrooms provide room for anything and everything. Enjoy quiet time on the spacious front porch and take in the smell of gardenias that bloom every spring. Location is key. Coffee shops, restaurants, breweries and live entertainment are just a quick stroll away. Great potential for long-term or short-term rental. Book a showing today to see for yourself how amazing this home is.

Details

Property type

Single Family Residence

Est. home value

$270,598

Lot size

4,792 sq ft

Price per sq ft

$307

Year built

1920

Price History

02/20/2025
NorthCarolinaRegional

NorthCarolinaRegional #100489258

Listed
$450,000
+125%
12/12/2023
NorthCarolinaRegional

NorthCarolinaRegional #100416562

Sold
$200,000

Schools & Community

Elementary school: 

Snipes

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

$249,950
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$164,050
Cash to seller
$249,950

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

Seller’s Loan History

Lender

Towne Mortgage Co

Loan start date

January 2024

Original loan amount

$165,750

Est. remaining balance

$164,050

Interest rate

6.95%

Loan type

New Conventional, 30 year

Seller

David Bratcher and Ashley Bratcher

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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504 South 2nd Street, Wilmington, NC 28401

Status: Active

Tomo last checked: 02/22/2025 at 7:20 AM

Listing updated: 02/20/2025 at 3:47 PM

Listed by: Amy K Todd, Keller Williams Innovate-Wilmington Phone #: (910) 777-2200

MLS: NorthCarolinaRegional #100489258

NorthCarolinaRegional logo

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