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$389,900

Beds
3
Baths
1.0
sq ft
1,478

502 North 25th Street, Wilmington, NC 28405

502 North 25th Street

Wilmington, NC 28405

  • 25 days on market
    • Open house Jul 06
Charming 1952 home nestled in a prime location close to downtown, offering convenience and character without the restrictions of an HOA. This home boasts original hardwood floors, built in book shelves, planter box and lots of natural light. The kitchen offers stainless steel appliances, granite countertops and LVP flooring. The bathroom has been updated, a new roof in 2020 and a newly added fully fenced in backyard. The large laundry room leads out to a private backyard oasis, ideal for relaxing or entertaining. Sellers are providing a 2-10 home warranty for 1 year. Natural gas is available for hook up.

Details

Property type

Single Family Residence

Est. home value

$332,118

Lot size

0.26 acres

Price per sq ft

$264

Year built

1952

Price History

06/10/2024
NorthCarolinaRegional

NorthCarolinaRegional #100449524

Listed
$389,900
+102.55%
05/12/2020
NorthCarolinaRegional

NorthCarolinaRegional #100212377

Sold
$192,500
+14.37%
09/06/2019
NorthCarolinaRegional

NorthCarolinaRegional #100148282

Sold
$168,317

Schools & Community

Elementary school: 

Freeman

Middle school: 

Holly Shelter

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

$217,156
Asking price
$389,900
Closing costs (~8% of asking)
-$31,192
Est. remaining loan balance
-$141,552
Cash to seller
$217,156

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

Seller’s Loan History

Lender

Plaza Home Mortgage Inc

Loan start date

May 2020

Original loan amount

$154,006

Est. remaining balance

$141,552

Interest rate

3.65%

Loan type

New Conventional, 30 year

Seller

Kellie Grace Hoyt

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: 07/04/2024 at 11:50 PM

Listing updated: 07/04/2024 at 9:59 PM

Listed by: Maradith J Brown, EXP Realty Phone #: (888) 584-9431

MLS: NorthCarolinaRegional #100449524

NorthCarolinaRegional logo

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