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$395,000

Beds
2
Baths
2.5
sq ft
1,065

1375 South 3rd Street, Wilmington, NC 28401

1375 South 3rd Street

Wilmington, NC 28401

  • 47 days on market
    • Price drop $4,500↓
AIA Award winning townhome in downtown Wilmington South Front Community. This modern 2 bed 2 1/2 bathroom townhome is perfectly located walking distance of restaurants, watering holes, Yoga studios and shopping. Greenfield lake is a short walk away as well as the Live Nation Music venue,. Concreate flooring throughout the first floor with and open concept. Hardwood floors throughout the second floor. Two on suit bed and bathrooms with large closets. Rustic tile showers and Floating cabinets give this modern home all the eye catching features you are looking for. Gated parking with 1 designated parking space.

Details

Property type

Townhouse

Est. home value

$393,174

Lot size

697 sq ft

Price per sq ft

$371

Year built

2020

Annual property taxes

$2,342.04

HOA fee

$4,740

Price History

03/23/2025
NorthCarolinaRegional

NorthCarolinaRegional #100488669

Price change
$395,000
-1.13%
02/13/2025
NorthCarolinaRegional

NorthCarolinaRegional #100488669

Listed
$399,500
+2.44%
01/16/2024
NorthCarolinaRegional

NorthCarolinaRegional #100402814

Sold
$390,000
+41.82%

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

$160,117
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$203,283
Cash to seller
$160,117

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

Seller’s Loan History

Lender

Capital City Home Loans Llc

Loan start date

November 2021

Original loan amount

$220,000

Est. remaining balance

$203,283

Interest rate

2.99%

Loan type

New Conventional, 29 year

Seller

Sean Geng and Angelina Gazzara

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: 04/01/2025 at 4:10 PM

Listing updated: 03/29/2025 at 2:36 AM

Listed by: Andrea J Arth, Arth Real Estate Group LLC Phone #: (910) 297-4245

MLS: NorthCarolinaRegional #100488669

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