tomo logo

$495,000

Beds
4
Baths
4.0
sq ft
1,515

4804 Collegiate Drive, Wilmington, NC 28403

4804 Collegiate Drive

Wilmington, NC 28403

  • 9 days on market
Looking for investment property with solid rental history? Here's an opportunity to own a fully rehabbed duplex within walking distance to UNCW and situated on a large corner lot along the Blue Shuttle Route. Each side of this 1515sf duplex offer 2 bedrooms and 2 full baths, complete with full kitchen and laundry room. Duplex was fully updated in 2022-2023 to include new roof, gutters, framed driveways, new HVAC ductwork, updated wiring, plumbing, vinyl windows, LVP flooring, cabinets, vanities, quartz counters, lighting and plumbing fixtures. Separate meters for plumbing and electrical. Current leases end mid-August, but may be able to amend if important to buyer.

Details

Property type

Single Family Residence

Est. home value

$293,160

Lot size

0.32 acres

Price per sq ft

$327

Year built

1970

Annual property taxes

$2,001

HOA

No

Price History

03/14/2025
NorthCarolinaRegional

NorthCarolinaRegional #100492267

Listed
$495,000
+83.67%
10/11/2022
NorthCarolinaRegional

NorthCarolinaRegional #100348954

Sold
$269,500

Schools & Community

Elementary school: 

College Park

Middle school: 

Williston

High school: 

New Hanover

High school district: 

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

First Bank

Loan start date

September 2023

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

6.78%

Loan type

Future Advance Clause / Open End Mortgage

Seller

B & P Wilmington 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: 03/14/2025 at 5:25 PM

Listing updated: 03/14/2025 at 12:12 PM

Listed by: Joel Sheesley, Coldwell Banker Sea Coast Advantage Phone #: (910) 799-3435

MLS: NorthCarolinaRegional #100492267

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