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$320,000

Beds
2
Baths
1.0
sq ft
870

2304 Princess Place Drive, Wilmington, NC 28405

2304 Princess Place Drive

Wilmington, NC 28405

  • 140 days on market
    • Price drop $5,000↓
Offered for sale is an adorable 2 bedroom, 1 bath cottage centrally located to everything Wilmington has to offer. This 870 sf home was tastefully renovated in 2019,/2020. Kitchen appliances, roof and flooring are all from this 2020 renovation. The seller had the rear porch extended in 2023. The fully fenced rear yard is perfect for your pups and creates a nice private space; it includes a pergola which is perfect for nights under the stars, and entertaining. There is a separate storage shed at the back of the property for your convenience. Just a few minutes to the Airport, Downtown Wilmington, UNCW, the hospital, or the beach from this incredible location!

Details

Property type

Single Family Residence

Est. home value

$298,207

Lot size

7,449 sq ft

Price per sq ft

$368

Year built

1941

Annual property taxes

$1,348.5

HOA

No

Price History

03/31/2025
NorthCarolinaRegional

NorthCarolinaRegional #100475448

Price change
$320,000
-1.54%
03/03/2025
NorthCarolinaRegional

NorthCarolinaRegional #100475448

Price change
$325,000
-1.49%
12/17/2024
NorthCarolinaRegional

NorthCarolinaRegional #100475448

Price change
$329,900
-1.52%

Schools & Community

Elementary school: 

Freeman

Middle school: 

Holly Shelter

High school: 

New Hanover

High school district: 

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

$70,923
Asking price
$320,000
Closing costs (~8% of asking)
-$25,600
Est. remaining loan balance
-$223,477
Cash to seller
$70,923

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

December 2022

Original loan amount

$229,000

Est. remaining balance

$223,477

Interest rate

6.95%

Loan type

New Conventional, 30 year

Seller

Martha T Kocan

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 4:15 PM

Listing updated: 03/31/2025 at 1:26 PM

Listed by: Claudia R Unsicker, Coldwell Banker Sea Coast Advantage Phone #: (910) 799-3435

MLS: NorthCarolinaRegional #100475448

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