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$362,500

Beds
3
Baths
2.0
sq ft
1,406

5057 Peachtree Avenue, Wilmington, NC 28403

5057 Peachtree Avenue

Wilmington, NC 28403

  • Pending
Fantastic opportunity to purchase a well-kept 3 bedroom, 2 bathroom home located in central Wilmington. Offering immediate rental income, currently leased through May 1, 2025 at $1,950 per month. Other benefits like no HOA, 4 minutes to UNCW, and only 10 minutes to Wrightsville Beach allows for endless potential and the option to convert to a short-term rental, which this location is highly known for. The home has a spacious living room with vaulted ceilings, elegant granite kitchen countertops, and a convenient first-floor primary suite. Upstairs, you'll find two additional bedrooms and a full bathroom. Whether you're looking for an investment property, a starter home, or both, this location and its features make it an excellent choice.

Details

Property type

Single Family Residence

Est. home value

$307,839

Lot size

7,754 sq ft

Price per sq ft

$258

Year built

2002

Annual property taxes

$2,149.77

HOA

No

Price History

03/16/2025
NorthCarolinaRegional

NorthCarolinaRegional #100490724

Pending
$362,500
02/25/2025
NorthCarolinaRegional

NorthCarolinaRegional #100490724

Listed
$362,500
+25%
07/05/2023
NorthCarolinaRegional

NorthCarolinaRegional #100384032

Sold
$290,000

Schools & Community

Elementary school: 

Alderman

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

$120,484
Asking price
$362,500
Closing costs (~8% of asking)
-$29,000
Est. remaining loan balance
-$213,016
Cash to seller
$120,484

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

June 2023

Original loan amount

$217,500

Est. remaining balance

$213,016

Interest rate

6.35%

Loan type

New Conventional, 30 year

Seller

Jonathan Davis and Kaitlyn Rhonehouse

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: Pending/Under Contract

Tomo last checked: 04/02/2025 at 5:40 PM

Listing updated: 03/15/2025 at 9:52 PM

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

MLS: NorthCarolinaRegional #100490724

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