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$219,900

Beds
3
Baths
1.0
sq ft
1,064

313 South 13th Street, Wilmington, NC 28401

313 South 13th Street

Wilmington, NC 28401

  • <1 day on market
This cozy 3-bedroom, 1-bathroom bungalow is a fantastic opportunity for investors or savvy buyers looking for a project. With some updates and a little TLC, this home has the potential to shine as a rental property or even as a starter home. The home is being sold as-is, and while it does need some work, it is priced to reflect the potential it holds. With the right updates, this home could be an excellent rental property or long-term investment. This is an ideal chance to purchase a property with loads of potential at an affordable price. Whether you're looking to renovate and rent or fix it up for resale, this bungalow offers plenty of opportunities. Don't miss out

Details

Property type

Single Family Residence

Est. home value

$237,142

Lot size

3,267 sq ft

Price per sq ft

$207

Year built

1928

Annual property taxes

$1,258.02

Price History

11/06/2024
NorthCarolinaRegional

NorthCarolinaRegional #100474656

Listed
$219,900
+33.68%
01/18/2022
NorthCarolinaRegional

NorthCarolinaRegional #100294140

Sold
$164,500

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

$86,092
Asking price
$219,900
Closing costs (~8% of asking)
-$17,592
Est. remaining loan balance
-$116,216
Cash to seller
$86,092

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

Seller’s Loan History

Lender

Cornerstone Home Loans

Loan start date

January 2022

Original loan amount

$123,375

Est. remaining balance

$116,216

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Daniel John Omalley and Robert J Fain

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: 11/06/2024 at 5:35 PM

Listing updated: 11/06/2024 at 2:57 PM

Listed by: Dylan Kosinski, Intracoastal Realty Corp Phone #: (910) 256-4503

MLS: NorthCarolinaRegional #100474656

NorthCarolinaRegional logo

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