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$425,000

Beds
3
Baths
2.0
sq ft
1,399

5912 Camelot Court, Wilmington, NC 28409

5912 Camelot Court

Wilmington, NC 28409

  • 1 day on market
    • Open house Sep 21
Looking for a renovated primary residence or a high-performing investment property? Welcome to 5912 Camelot Ct, a charming 3-bedroom, 2-bath home in the vastly growing Seagate area; just 5min to UNCW, 8min to Wrightsville Beach, 8min to Mayfaire, and 15min to downtown! Known as the Cottage on Camelot on popular short and mid-term rental platforms, this property grossed $45K in rental income this past year, and the sellers are open to selling it fully furnished—making it truly turnkey. With a fully fenced-in yard, plenty of parking for cars or boat storage, and no HOA, this home is perfect for beach lovers or investors. Location is everything, and this property delivers! Don't miss out on this incredible opportunity!

Details

Property type

Single Family Residence

Est. home value

$325,194

Lot size

0.36 acres

Price per sq ft

$304

Year built

2002

Price History

09/18/2024
NorthCarolinaRegional

NorthCarolinaRegional #100466798

Listed
$425,000
+57.41%
02/24/2022
NorthCarolinaRegional

NorthCarolinaRegional #100304662

Sold
$270,000

Schools & Community

Elementary school: 

Bradley Creek

Middle school: 

Roland Grise

High school: 

Hoggard

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

$146,667
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$244,333
Cash to seller
$146,667

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

Seller’s Loan History

Lender

Angel Oak Home Loans Llc

Loan start date

February 2022

Original loan amount

$258,500

Est. remaining balance

$244,333

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Benjamin Fisher and Mary Blair Pearce

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: 09/19/2024 at 11:50 AM

Listing updated: 09/18/2024 at 7:07 PM

Listed by: Blair P Fisher, Carolina One Properties Inc. Phone #: (910) 679-6565

MLS: NorthCarolinaRegional #100466798

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