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$659,000

Beds
3
Baths
2.5
sq ft
1,890

512 Ann Street, Wilmington, NC 28401

512 Ann Street

Wilmington, NC 28401

  • Coming soon
Incredibly rare opportunity to purchase a beautiful new construction home in the historic district. The living areas and bedrooms gleam with red oak hardwood floors while the 3 bathrooms shine with custom tile and modern fixtures. The kitchen features custom cabinets, granite countertops, under-cabinet LED lighting, spacious Island with granite top, induction range, and all stainless steel appliances. Other features of note include: Recessed lighting • 4 foot wainscoting • 9' ceilings • 5'' crown molding • Trane HVAC • Large front porch with tongue & groove cypress ceiling • Hardie board siding • 2 off-street parking spaces • mud room •Stone patio with rear privacy fence. Note the beautiful views of the Basilica of Saint Marys from your front porch and located just four blocks to the Historic downtown restaurants, breweries, shopping and the Cape Fear Riverfront. Fifth Street has been approved for change to a one lane north, one lane south and bike/walk path boulevard in the middle. This house has been built to meet the High Efficiency Residential Option (HERO) code by Duke Energy.

Details

Property type

Single Family Residence

Est. home value

$114,715

Property condition

New Construction

Lot size

2,352 sq ft

Price per sq ft

$349

Year built

2024

Annual property taxes

$618.57

Price History

10/08/2021
NorthCarolinaRegional

NorthCarolinaRegional #100253044

Sold
$87,500

Schools & Community

Elementary school: 

Snipes

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

$583,926
Asking price
$659,000
Closing costs (~8% of asking)
-$52,720
Est. remaining loan balance
-$22,354
Cash to seller
$583,926

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

Seller’s Loan History

Lender

Four Oaks Bank & Trust Co

Loan start date

November 2015

Original loan amount

$27,540

Est. remaining balance

$22,354

Interest rate

3.86%

Loan type

Not Provided, 30 year

Seller

Cove Neck Holdings 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: Coming Soon

Tomo last checked: 10/13/2024 at 9:15 AM

Listing updated: 10/12/2024 at 1:26 PM

Listed by: John C Horton, Coastal Properties Phone #: (910) 256-8171

MLS: NorthCarolinaRegional #100470775

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