tomo logo

$499,000

Beds
3
Baths
2.0
sq ft
1,736

136 South 16th Street, Wilmington, NC 28401

136 South 16th Street

Wilmington, NC 28401

  • 92 days on market
    • Price drop $900↓
    • Open house Nov 24
Price improved to $494,900! Ask your preferred Realtor about our current incentives! Discover the perfect blend of historic charm and modern comfort in this beautifully renovated 1922 Craftsman bungalow, nestled in the heart of downtown Wilmington. This adorable home is in close proximity to the popular Cargo District's bars, restaurants, and shopping. You'll love the off-street parking and the front porch that welcomes you in true southern tradition. Sitting on a fully fenced double lot, this property features a welcoming gravel driveway and a private yard perfect for outdoor entertaining. Inside, you'll be greeted by a bright, open-concept living area with high ceilings, new LVP flooring, and custom finishes throughout. This inviting home boasts 3 bedrooms, 2 bathrooms, and a versatile flex space. The kitchen is a chef's dream, featuring sleek stainless steel appliances, granite countertops, and beautiful cabinets. This downtown gem is move-in ready and offers all the amenities you need to enjoy Wilmington's vibrant lifestyle. This property could also be turned into an income-producing short-term rental.

Details

Property type

Single Family Residence

Est. home value

$472,443

Lot size

7,928 sq ft

Price per sq ft

$288

Year built

1922

Annual property taxes

$2,251.93

Price History

11/12/2024
NorthCarolinaRegional

NorthCarolinaRegional #100462367

Price change
$499,000
-0.18%
10/21/2024
NorthCarolinaRegional

NorthCarolinaRegional #100462367

Price change
$499,900
-0.02%
10/04/2024
NorthCarolinaRegional

NorthCarolinaRegional #100462367

Price change
$499,999
-2.53%

Schools & Community

Elementary school: 

Snipes

Middle school: 

Williston

High school: 

Hoggard

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Optimum First Inc

Loan start date

August 2022

Original loan amount

$290,000

Est. remaining balance

$281,341

Interest rate

5.78%

Loan type

New Conventional, 30 year

Seller

Jessica Britt and Gerald Britt

Lender

South State Bank National Asociation

Loan start date

June 2020

Original loan amount

$300,000

Est. remaining balance

$272,190

Interest rate

3.31%

Loan type

New Conventional, 30 year

Seller

Jessicaa Britt and Ashley Hicks

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 6:50 AM

Listing updated: 11/18/2024 at 11:12 AM

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

MLS: NorthCarolinaRegional #100462367

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