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$215,000

Beds
2
Baths
2.0
sq ft
803

4575 Holly Tree Road, Wilmington, NC 28412

4575 Holly Tree Road

Wilmington, NC 28412

  • <1 day on market
Welcome to this charming 2-bedroom, 2-bathroom condo in the sought-after Holly Tree community, ideally situated in Wilmington's vibrant midtown. This 2nd-floor end building unit offers a spacious layout of approximately 800+ sq ft, featuring fresh interior paint, stylish new LVP flooring throughout, and a new HVAC system for year-round comfort. Enjoy the peaceful ambiance of the private screened porch, overlooking well-maintained common areas, without exposure to the busy road. Convenience is at your doorstep with designated parking right out front, plus access to a refreshing community pool. HOA dues cover water, sewer, trash, exterior maintenance, and groundskeeping, ensuring hassle-free ownership. With a reliable tenant currently paying below-market rent until the spring, this condo presents an excellent investment opportunity with immediate upside potential. Short term rentals are permitted so a savvy buyer has lots of options for short/midterm or long term rentals so you can monetize your second home or simply move in and enjoy!. ... and if you like Doughnuts, Krispy Kreme is literally across the parking lot......you're welcome!

Details

Property type

Condominium

Est. home value

$173,375

Lot size

Unknown

Price per sq ft

$268

Year built

1984

Annual property taxes

$995.28

HOA fee

$3,300

Price History

11/08/2024
NorthCarolinaRegional

NorthCarolinaRegional #100474977

Listed
$215,000
+41.68%
04/13/2022
NorthCarolinaRegional

NorthCarolinaRegional #100314634

Sold
$151,750

Schools & Community

Elementary school: 

Winter Park

Middle school: 

Roland Grise

High school: 

Hoggard

Community features: 

Pool

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

$133,171
Asking price
$215,000
Closing costs (~8% of asking)
-$17,200
Est. remaining loan balance
-$64,629
Cash to seller
$133,171

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

Seller’s Loan History

Lender

North State Bank

Loan start date

May 2022

Original loan amount

$122,884

Est. remaining balance

$64,629

Interest rate

4.16%

Loan type

Not Provided, 5 year

Seller

Underwater Holdings Llc

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: 11/08/2024 at 10:10 AM

Listing updated: 11/08/2024 at 9:32 AM

Listed by: Christian Cardamone, Keller Williams Innovate-Wilmington Phone #: (910) 777-2200

MLS: NorthCarolinaRegional #100474977

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