tomo logo

$425,000

Beds
3
Baths
2.0
sq ft
1,853

4720 Franklin Avenue, Wilmington, NC 28403

4720 Franklin Avenue

Wilmington, NC 28403

  • 15 days on market
This spacious, updated brick home on a beautiful HALF ACRE lot is centrally located near UNCW, shopping and dining, making it the perfect personal home or lucrative rental property! Gorgeous crepe myrtles border the circular driveway, which wraps behind the home, offering plenty of parking and two access points. This gem is move-in ready and worry-free due to a long list of recent improvements, including a NEW ROOF, NEW INTERIOR PAINT, REFINISHED HARDWOODS & NEW LVP FLOORING, ALL NEW INTERIOR & REAR DOORS, NEW CEILING FANS, NEW TUB/SHOWER & MORE (see full list in documents)!! The bright sunroom is ready for entertaining with an included bar & lots of space. The backyard offers plenty of trees and privacy and there is a concrete block garage perfect for storage or a workshop. One year HOME WARRANTY included! Make your appointment now before it's gone!

Details

Property type

Single Family Residence

Est. home value

$344,685

Lot size

0.5 acres

Price per sq ft

$230

Year built

1956

Price History

11/08/2024
NorthCarolinaRegional

NorthCarolinaRegional #100475126

Listed
$425,000
+84.78%
07/31/2020
NorthCarolinaRegional

NorthCarolinaRegional #100222462

Sold
$230,000
+26.37%
06/05/2018
NorthCarolinaRegional

NorthCarolinaRegional #100103135

Sold
$182,000

Schools & Community

Elementary school: 

College Park

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

$234,150
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$156,850
Cash to seller
$234,150

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

Seller’s Loan History

Lender

Alpha Mortgage Corp

Loan start date

July 2020

Original loan amount

$172,500

Est. remaining balance

$156,850

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

David Edward Shearer and Suzanne D Shearer

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?

Similar Homes Nearby

Price drop
NorthCarolinaRegional
$419,000
3 bd
|
2 ba
|
1,660 sq ft
|
House

5038 Pine Street, Wilmington, NC 28403

NorthCarolinaRegional
$405,000
3 bd
|
2 ba
|
1,529 sq ft
|
House

3917 Westover Road, Wilmington, NC 28403

NorthCarolinaRegional
$475,000
3 bd
|
2 ba
|
1,733 sq ft
|
House

4822 Randall Parkway, Wilmington, NC 28403

Status: Active

Tomo last checked: 11/23/2024 at 3:30 AM

Listing updated: 11/17/2024 at 2:44 AM

Listed by: Suzanne Shearer, Intracoastal Realty Corp Phone #: (910) 256-4503

MLS: NorthCarolinaRegional #100475126

NorthCarolinaRegional logo

Recently listed in Wilmington