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$2,435,000

Beds
8
Baths
8.5
sq ft
6,290

412 South 3rd Street, Wilmington, NC 28401

412 South 3rd Street

Wilmington, NC 28401

  • 254 days on market
Incredible Lifestyle, Investment and Business opportunity right in the heart Wilmington's Historic District. Enjoy as a personal residence or Bed and Breakfast. Voted USA Today's 2023 Best Reader Choice Bed and Breakfast, the C.W. Worth House provides outstanding guest services in the Wilmington area. The level of mindfulness, tasteful renovations and charming historic appeal set this B&B opportunity apart from others. This beautiful historic landmark has seven guest rooms in addition to the main owner's suite. Each room has its own private entry, bathroom, and style. The inviting living areas are thoughtfully decorated and enhance the guest experience. Its prime location near downtown, the River Walk, and various dining options, placement within a historic district and room capacity provide a fantastic opportunity for its next owner. This property-business is turnkey ready and has advanced booking that enabled the next owner to benefit from all the previous owner's efforts. CW Worth House has received national notoriety for their service and location. CW Worth house was awarded 2022 - Present: Select Registry Property, 2022 & 2023 TripAdvisor Travelers' Choice, 2023 Best Hotel/ Bed & Breakfast in the Cape Fear Region and 2023 USA Today #1 10Best Readers' Choice Best Bed & Breakfast. Considering the Award-Winning Business, Unique Charm, and a solid business plan enables the CW Worth House to continue to excel.

Details

Property type

Single Family Residence

Est. home value

$1,270,519

Lot size

0.25 acres

Price per sq ft

$388

Year built

1903

Price History

06/14/2024
NorthCarolinaRegional

NorthCarolinaRegional #100432857

Price change
$2,435,000
+2.53%
06/08/2024
NorthCarolinaRegional

NorthCarolinaRegional #100432857

Removed
$2,375,000
03/14/2024
NorthCarolinaRegional

NorthCarolinaRegional #100432857

Listed
$2,375,000
+126.41%

Schools & Community

Elementary school: 

Snipes

Middle school: 

Williston

High school: 

New Hanover

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

North State Bank

Loan start date

March 2023

Original loan amount

$860,312

Est. remaining balance

$602,037

Interest rate

6.09%

Loan type

Not Provided, 5 year

Seller

Blue Twilight Inc

Lender

North State Bank

Loan start date

February 2022

Original loan amount

$836,200

Est. remaining balance

Not provided

Interest rate

3.05%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Blue Twilight Inc

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: 11/23/2024 at 7:40 AM

Listing updated: 10/14/2024 at 5:28 AM

Listed by: Jeffrey G Hovis, Intracoastal Realty Corp Phone #: (910) 256-4503

MLS: NorthCarolinaRegional #100432857

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