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$230,000

Beds
2
Baths
1.0
sq ft
943

2940 Oleander Drive Unit F7, Wilmington, NC 28403

2940 Oleander Drive Unit F7

Wilmington, NC 28403

  • 2 days on market
    • Price drop $100,000↓
This beautifully updated 2-bedroom, 1-bath condominium in the vibrant Midtown area offers spacious living with oversized bedrooms and a cozy living area. Located just minutes from shopping, dining, medical facilities, downtown Wilmington, and the beach, this property combines convenience with comfort. Fully furnished and move-in ready, it includes all appliances as well as a washer/dryer. Whether you're looking for an income-producing rental—successful as both a long-term and medium-term option—or a cozy home in Wilmington, this property provides endless possibilities.

Details

Property type

Condominium

Est. home value

$212,095

Lot size

Unknown

Price per sq ft

$244

Year built

1951

HOA fee

$4,050

Price History

01/04/2025
NorthCarolinaRegional

NorthCarolinaRegional #100482039

Price change
$230,000
-30.3%
01/04/2025
NorthCarolinaRegional

NorthCarolinaRegional #100482039

Listed
$330,000
+52.78%
11/14/2023
NorthCarolinaRegional

NorthCarolinaRegional #100405731

Sold
$216,000
+74.55%

Schools & Community

Elementary school: 

Alderman

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

$40,596
Asking price
$230,000
Closing costs (~8% of asking)
-$18,400
Est. remaining loan balance
-$171,004
Cash to seller
$40,596

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

Seller’s Loan History

Lender

State Employees Cu

Loan start date

November 2023

Original loan amount

$172,800

Est. remaining balance

$171,004

Interest rate

7.31%

Loan type

New Conventional, 30 year

Seller

Nina M Duff

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: 01/06/2025 at 4:50 PM

Listing updated: 01/04/2025 at 3:27 PM

Listed by: Carly R Romano, Real Broker LLC Phone #: (919) 348-2585

MLS: NorthCarolinaRegional #100482039

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