tomo logo

$595,000

Beds
3
Baths
2.5
sq ft
1,832

1623 Rankin Street, Wilmington, NC 28401

1623 Rankin Street

Wilmington, NC 28401

  • 22 days on market
Welcome to your sanctuary in the city! This charming Craftsman-style home, built in late 2019, is situated in the Historic Overlay District and offers a serene retreat on almost a quarter acre, just off a private driveway. The property features a rustic brick parking terrace capable of accommodating multiple vehicles. This beautifully crafted home boasts spacious, light-filled interiors with an open concept design. As you enter through the inviting rocking chair front porch, you're welcomed into the main living area adorned with warm, neutral tones. The hand-scraped 100-year old, wide pine plank flooring and reclaimed wood accents on the kitchen bar and porch ceiling infuse the space with character, evoking the historic charm of downtown Wilmington. The second floor hosts two generous bedrooms, a full bathroom, and a conveniently located laundry room. Ascend the enchanting 100-year-old knotty pine stairs to discover the stunning third-floor owner's suite. This home is replete with modern upgrades, including solid surface quartz countertops, a tiled walk-in shower, oil-rubbed bronze hardware, and GE stainless steel appliances. Step outside to enjoy a spacious deck that overlooks the private, wooded backyard, an ideal setting for entertaining. With ample parking and additional storage, this unique bungalow is just minutes from Wilmington's vibrant Soda Pop, Cargo, and Downtown Business Districts, making it the perfect haven for friends and out-of-town guests eager to explore all that downtown Wilmington has to offer!

Details

Property type

Single Family Residence

Est. home value

$516,748

Lot size

9,540 sq ft

Price per sq ft

$325

Year built

2019

Annual property taxes

$3,440

Price History

08/28/2024
NorthCarolinaRegional

NorthCarolinaRegional #100463165

Listed
$595,000
+32.52%
05/16/2022
NorthCarolinaRegional

NorthCarolinaRegional #100321973

Sold
$449,000
+47.7%
04/16/2020
NorthCarolinaRegional

NorthCarolinaRegional #100200525

Sold
$304,000

Schools & Community

Elementary school: 

Snipes

Middle school: 

Williston

High school: 

Unknown

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

$137,627
Asking price
$595,000
Closing costs (~8% of asking)
-$47,600
Est. remaining loan balance
-$409,773
Cash to seller
$137,627

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

May 2022

Original loan amount

$426,550

Est. remaining balance

$409,773

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Denyse Sandra Collins and Bonnye J Carlton

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: 09/19/2024 at 5:50 AM

Listing updated: 09/09/2024 at 2:48 AM

Listed by: Jeffrey G Hovis, Intracoastal Realty Corp Phone #: (910) 256-4503

MLS: NorthCarolinaRegional #100463165

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