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$435,000

Beds
3
Baths
2.0
sq ft
1,437

309 North 16th Street, Wilmington, NC 28401

309 North 16th Street

Wilmington, NC 28401

  • <1 day on market
Beautiful and charming downtown bungalow with loads of character and the off street parking bonus. Walkability to so many great establishments, super cool property.

Details

Property type

Single Family Residence

Est. home value

$374,126

Lot size

6,534 sq ft

Price per sq ft

$303

Year built

1916

Price History

02/22/2025
NorthCarolinaRegional

NorthCarolinaRegional #100490300

Listed
$435,000
+19.18%
02/16/2023
NorthCarolinaRegional

NorthCarolinaRegional #100353130

Sold
$365,000
+4.29%
09/30/2021
NorthCarolinaRegional

NorthCarolinaRegional #100283641

Sold
$350,000
+34.1%

Schools & Community

Elementary school: 

Snipes

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

$50,450
Asking price
$435,000
Closing costs (~8% of asking)
-$34,800
Est. remaining loan balance
-$349,750
Cash to seller
$50,450

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

February 2023

Original loan amount

$358,388

Est. remaining balance

$349,750

Interest rate

6.27%

Loan type

FHA, 30 year

Seller

Alan Anthony Castro

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: 02/22/2025 at 7:15 AM

Listing updated: 02/21/2025 at 7:17 PM

Listed by: Sloan Reese, Coastal Properties Phone #: (910) 256-8171

MLS: NorthCarolinaRegional #100490300

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