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$1,017,000

Beds
4
Baths
3.5
sq ft
3,392

301 Locksley Court, Wilmington, NC 28405

301 Locksley Court

Wilmington, NC 28405

  • 1 day on market
Welcome to the ''Tree House'' a secluded home at the middle of a cul-de-sac that has a conservation area with stream in the back offering privacy and harmony with nature but minutes away from the Ocean and upscale shopping of Mayfaire. Step inside to discover a beautifully renovated floorplan with commercial-grade LVP flooring in a white oak finish, 14-foot ceilings in the foyer, dining, and living rooms, and modern fixtures, plumbing, and electrical. The updated chef's kitchen boasts frameless white pine cabinets with abundant storage, a Picasso Luxe marble backsplash, granite countertops, and top-of-the-line appliances, including a Z-line Autograph series range with six gas burners, an electric oven, wine refrigerator, and custom hood. An extra pantry in the hallway ensures ample storage. The primary suite is a private retreat with a spacious bedroom, sitting area, and an oversized walk-in closet. The spa-like bathroom features USB outlets in the vanity, custom-lit mirrors, a soaking tub for two with a chandelier above, a private water closet with a pocket door, and an oversized shower with front-facing controls for precise temperature adjustments. The home includes two additional generously sized bedrooms with large closets and a shared, beautifully renovated bathroom with a furniture-style vanity. The bonus room over the garage features a full bath, a large closet, a mini-split HVAC system, and a skylight, making it perfect for use as a private apartment or studio. Outdoor spaces are equally impressive, with a serene koi pond welcoming you at the front, a covered deck overlooking the private backyard with well irrigation. A butler's pantry with a sink can be used for indoor and outdoor entertainment. Additional highlights include a pristine crawlspace for storage, solar panels with battery backup, a laundry room with a porcelain sink, and a half bath with a pocket door for guests.

Details

Property type

Single Family Residence

Est. home value

$713,918

Lot size

0.55 acres

Price per sq ft

$300

Year built

1998

Annual property taxes

$2,725.88

HOA fee

$1,086

Price History

03/10/2025
NorthCarolinaRegional

NorthCarolinaRegional #100493492

Listed
$1,017,000
+84.91%
08/29/2022
NorthCarolinaRegional

NorthCarolinaRegional #100332169

Sold
$550,000

Schools & Community

Neighborhood: 

Ogden

Elementary school: 

Blair

Middle school: 

Noble

High school: 

New Hanover

Community features: 

Pool

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

$549,414
Asking price
$1,017,000
Closing costs (~8% of asking)
-$81,360
Est. remaining loan balance
-$386,226
Cash to seller
$549,414

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

August 2022

Original loan amount

$400,000

Est. remaining balance

$386,226

Interest rate

5.81%

Loan type

New Conventional, 30 year

Seller

Barbara Jo Ericson and Richard Paul Ericson

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: 03/12/2025 at 6:55 AM

Listing updated: 03/11/2025 at 1:42 PM

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

MLS: NorthCarolinaRegional #100493492

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