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$545,000

Beds
3
Baths
1.5
sq ft
1,777

313 Spartan Road, Wilmington, NC 28405

313 Spartan Road

Wilmington, NC 28405

  • 48 days on market
Welcome to 313 Spartan Road, a charming single-family one level home offering in the heart of Wilmington. This delightful residence boasts 5 bedrooms and 2 bathrooms, providing ample room for family, guests, or potential rental income. The floor plan includes large living areas and a spacious kitchen, yet offers plenty of privacy with many separate bedrooms. There are many upgrades and design features sporting a modern appeal. The back yard is large, private and fenced for your convenience. There is a covered outdoor patio area, perfect for entertaining and a wired 12x24 she/he shed with great workshop potential. One of the standout features of this home is the rooftop solar panels, which offer an eco-friendly and cost-efficient energy solution. Located adjacent to the vibrant Mayfaire Shopping Center, you'll enjoy unparalleled access to an array of shopping, dining, and entertainment options right at your doorstep. This property is a versatile gem, perfect for first-time homeowners, those seeking a second residence, or savvy investors looking for a vacation rental or short-term rental opportunity. With no HOA restrictions, you have the freedom to customize this home to suit your lifestyle and needs. Bring your boat and RV! Discover the perfect blend of convenience, comfort, and luxury in this sought-after neighborhood. Don't miss out on the chance to make 313 Spartan Road your new home or investment property.

Details

Property type

Single Family Residence

Est. home value

$418,896

Lot size

0.35 acres

Price per sq ft

$307

Year built

1971

Annual property taxes

$2,205.45

Price History

08/02/2024
NorthCarolinaRegional

NorthCarolinaRegional #100459135

Listed
$545,000
+103.36%
08/05/2020
NorthCarolinaRegional

NorthCarolinaRegional #100218977

Sold
$268,000

Schools & Community

Elementary school: 

Blair

Middle school: 

Noble

High school: 

Unknown

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

$264,995
Asking price
$545,000
Closing costs (~8% of asking)
-$43,600
Est. remaining loan balance
-$236,405
Cash to seller
$264,995

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

Seller’s Loan History

Lender

Atlantic Bay Mortgage Group Llc

Loan start date

July 2020

Original loan amount

$258,800

Est. remaining balance

$236,405

Interest rate

3.21%

Loan type

VA, 30 year

Seller

Jason Stephen Frates

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: 09/18/2024 at 9:55 PM

Listing updated: 08/30/2024 at 9:57 AM

Listed by: Kevin Hill, Redfin Corporation Phone #: (407) 222-8911

MLS: NorthCarolinaRegional #100459135

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