tomo logo

$1,180,000

Beds
4
Baths
3.5
sq ft
2,962

311 South 3rd Street, Wilmington, NC 28401

311 South 3rd Street

Wilmington, NC 28401

  • 118 days on market
    • Price drop $10,000↓
Discover the charm of Italy in the heart of downtown Wilmington with this stunning 4-bedroom, 3.5-bathroom home, featuring italianate architecture. The Historic Peck House has been thoughtfully updated by preserving its old soul, original character, and timeless features. As you step inside, you'll be greeted by original hardwood floors, high ceilings, and intricate moldings that echo the home's storied past. The kitchen showcases a chef's dream, featuring top of the line stainless steel appliances including a BlueStar Range, Miele warming drawer, marble countertops, farmhouse sink, custom cabinetry, and a stunning accent island that serves as both a focal point and as a functional centerpiece for casual meals and entertaining. The flexible layout of the main floor allows you to choose any room to serve as your living room, dining room, office, or whatever suits your lifestyle. Each room in this historic home boasts its own charming fireplace, offering character no matter how you decide to use the space! All bathrooms throughout the home have been fully renovated with intricate custom style vanities, mirrors, electrical and plumbing fixtures. The restored claw foot tub and new floor to ceiling tiled showers are truly captivating. The closets throughout the residence offer ample space, equipped with solid wood shelving and the option for customization. Step outside the back door into your private fenced-in backyard, where an original and restored brick patio awaits. The unique design is built around a large brick fire pit, a perfect spot to gather just in time for the crisp fall evenings ahead. Enjoy the convenience of ample off-street parking, just a few blocks from all that downtown Wilmington has to offer. Make this home yours today! Shared driveway - back parcel is available to purchase.

Details

Property type

Single Family Residence

Est. home value

$863,919

Lot size

8,276 sq ft

Price per sq ft

$399

Year built

1868

Annual property taxes

$3,640.26

Price History

12/05/2024
NorthCarolinaRegional

NorthCarolinaRegional #100463292

Price change
$1,180,000
-0.84%
09/26/2024
NorthCarolinaRegional

NorthCarolinaRegional #100463292

Price change
$1,190,000
-3.25%
08/28/2024
NorthCarolinaRegional

NorthCarolinaRegional #100463292

Listed
$1,230,000
+50.92%

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

$908,095
Asking price
$1,180,000
Closing costs (~8% of asking)
-$94,400
Est. remaining loan balance
-$177,505
Cash to seller
$908,095

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

January 2013

Original loan amount

$247,000

Est. remaining balance

$177,505

Interest rate

3.34%

Loan type

New Conventional, 30 year

Seller

Todd M Tremaglio and Melanie R Tremaglio

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: 12/23/2024 at 9:25 PM

Listing updated: 12/05/2024 at 12:32 PM

Listed by: Landyn Lewis, Intracoastal Realty Corp Phone #: (910) 256-4503

MLS: NorthCarolinaRegional #100463292

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