tomo logo

$1,100,000

Beds
3
Baths
3.5
sq ft
2,306

18 South Water Street Unit 6, Wilmington, NC 28401

18 South Water Street Unit 6

Wilmington, NC 28401

  • 66 days on market
The charm and history of the Brooks building really come out in this spectacular, one of a kind corner condo. With over 2,300 of living space and three bedrooms with en-suite bathrooms, you will feel at home as soon as you walk in. The exposed brick walls, high ceilings, wooden beams and hardwood floors blend in with magnificent views of the Cape Fear River, the NC Battleship and the Cape Fear Memorial bridge. This condo comes fully furnished with very few exceptions. It has gone through a great renovation, with an updated kitchen to please all cooking styles, updated bathrooms and refinished hardwood floors. If you like an al fresco drink or coffee, enjoy the balcony on the river side. Upstairs are all the bedrooms, each one with beautiful views and its own character. The master bedroom is on the river side and the master bathroom offers new tiled walk-in shower, heated tiled floors and a stunning stand-up tub. Double vanities, new counters and lighting are there also. All bathrooms are updated with style. Your new home or vacation spot is within walking distance of all that downtown Wilmington offers: the River Walk, restaurants, entertainment venues, bars, shops, etc. But wait, there's more: there are two day docks to accommodate your boat or have friends over by water. Come and see it for yourself. Private showings only. One year parking pass is being offered to new owners!

Details

Property type

Condominium

Est. home value

$1,030,640

Lot size

Unknown

Price per sq ft

$478

Year built

1920

Annual property taxes

$2,734.2

HOA fee

$14,348

Price History

07/01/2024
NorthCarolinaRegional

NorthCarolinaRegional #100441808

Listed
$1,100,000
06/10/2024
NorthCarolinaRegional

NorthCarolinaRegional #100441808

Pending
$1,100,000
06/08/2024
NorthCarolinaRegional

NorthCarolinaRegional #100441808

Removed
$1,100,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

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

$503,878
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$508,122
Cash to seller
$503,878

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

Seller’s Loan History

Lender

Equity Resources Inc

Loan start date

March 2021

Original loan amount

$548,250

Est. remaining balance

$508,122

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Marshal Ken Martin and Laura Louise Martin

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: 07/04/2024 at 11:55 PM

Listing updated: 07/01/2024 at 10:29 AM

Listed by: The Rieker Team, Intracoastal Realty Corp Phone #: (910) 256-4503

MLS: NorthCarolinaRegional #100441808

NorthCarolinaRegional logo

Recently listed in Wilmington

$490,000|4 bd|2.5 ba|House
$499,000|4 bd|2.0 ba|House
$329,900|3 bd|2.0 ba|House
$397,500|2 bd|2.5 ba|Townhouse
$174,500|3 bd|2.0 ba|Manufactured
$624,900|4 bd|2.5 ba|House
$1,495,000|4 bd|2.5 ba|House
$609,000|3 bd|2.0 ba|House