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$879,900

Beds
4
Baths
4.0
sq ft
2,882

5024 Nicholas Creek Circle, Wilmington, NC 28409

5024 Nicholas Creek Circle

Wilmington, NC 28409

  • <1 day on market
This beautiful home situated in sought after Masonboro Forest is calling your name. Offering a picturesque community centrally located to all in Wilmington, without the city taxes and just minutes to Trails End Boat Ramp to the Intracoastal Waterway. This classic and charming well-maintained 5 bedroom, 4 bathroom home offers an amazing layout where you are greeted with a welcoming entryway leading to sky high vaulted ceilings in the living room that is anchored by a gas log fireplace complete with natural wood mantle. The inviting kitchen features a bright breakfast nook, pantry, center island with pendant lights, quartz counters, tile backsplash, and stainless appliances. A reverse osmosis water filtration system has been installed for fresh, clean water. The primary suite is complete with a trey ceiling, bright reading nook, a jacuzzi tub, dual head tiled shower and dual vanities. In addition to a first floor primary suite, another guest suite is situated on the opposite side of the home, along with a full bathroom. This is perfect for multi-generational living or visiting guests and provides ample privacy from the rest of the home. Upstairs, you will find three more bedrooms, and two full bathrooms that have been tastefully renovated. The bedrooms are complete with ceiling fans and custom woodwork detail. The back yard is the real show stopper on this home with custom landscaping, mature trees for privacy, and a lovely outdoor fireplace, perfect for gathering. A custom built tree house is sure to please as well. The sellers recently had the crawlspace encapsulated and new gutters installed on the home. The neighborhood offers a sparkling community pool with lap lanes, a clubhouse, tennis courts and playground for the active buyer. Schedule a showing today on this stunning brick home and find yourself at home today in Masonboro Forest.

Details

Property type

Single Family Residence

Est. home value

$698,836

Lot size

0.34 acres

Price per sq ft

$306

Year built

2001

Annual property taxes

$2,422.31

HOA fee

$1,014

Price History

11/15/2024
NorthCarolinaRegional

NorthCarolinaRegional #100476024

Listed
$879,900
+25.72%
05/11/2023
NorthCarolinaRegional

NorthCarolinaRegional #100371988

Sold
$699,900

Schools & Community

Elementary school: 

Holly Tree

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

$259,275
Asking price
$879,900
Closing costs (~8% of asking)
-$70,392
Est. remaining loan balance
-$550,233
Cash to seller
$259,275

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

Seller’s Loan History

Lender

Morgan Stanley Private Bank Na

Loan start date

May 2023

Original loan amount

$559,920

Est. remaining balance

$550,233

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

Douglas Bower Colvard and Lauren Mccloy Colvard

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: 11/15/2024 at 7:30 AM

Listing updated: 11/15/2024 at 4:02 AM

Listed by: Jennifer Richardson Real Estate, Berkshire Hathaway HomeServices Carolina Premier Properties Phone #: (910) 256-0021

MLS: NorthCarolinaRegional #100476024

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