tomo logo

$440,000

Beds
2
Baths
2.0
sq ft
1,257

621 South 7th Street, Wilmington, NC 28401

621 South 7th Street

Wilmington, NC 28401

  • 27 days on market
Now offered is this charming 1920 bungalow-style home of perfectly blended historic character and today's modern comforts. Step inside, and you'll immediately recognize this is no ordinary bungalow. With luxury Venetian Plaster, the entry and large living room welcome you with warmth and depth not often found in homes of this size. A gas log fireplace, a broad, light-filled bay window, and high ceilings add to the splendor. Simple one-level living, this home offers an oversized primary bedroom w/dual closets, a sunny guest bedroom, and two beautifully updated full baths, incl. a luxury free-standing soaking tub. The kitchen and attached breakfast area are nicely updated yet understated, w/original hardwood floors, freshly painted cabinetry, granite counters, and ss appliances. With its covered front porch, spacious indoor living and dining areas, and a beautifully landscaped, low-maintenance backyard, this 1257 sqft home is ideal for hosting gatherings w/loved ones. The property also features an efficient natural gas tankless hot water heater, making it an easy choice for the environmentally conscious. For added convenience, a private driveway and gates have been recently installed, allowing easy access directly into the front or rear yards. This thoughtful update enhances daily living, making tasks like bringing in groceries or walking your pets a breeze. Situated near the Castle Street Arts & Antiques District, one of Downtown Wilmington's vibrant neighborhoods, this home offers a lifestyle of convenience and leisure. Residents here enjoy leisurely strolls w/their pets, exploring legendary shops like Gravity Records and Michael Moore Antiques and indulging in the local art and fashion scene. The area also boasts a variety of dining options, from farm-to-table restaurants to cozy cafes. With its proximity to Downtown and the pleasure of nearby trendy districts, this home offers the best of both convenience and charm, ensuring an enjoyable lifestyle.

Details

Property type

Single Family Residence

Est. home value

$351,211

Lot size

3,485 sq ft

Price per sq ft

$351

Year built

1920

Annual property taxes

$1,550.58

Price History

06/08/2024
NorthCarolinaRegional

NorthCarolinaRegional #100449286

Listed
$440,000
-2%
05/20/2024
NorthCarolinaRegional

NorthCarolinaRegional #100429089

Removed
$449,000
05/11/2024
NorthCarolinaRegional

NorthCarolinaRegional #100429089

Price change
$449,000
-2.18%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

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

$247,435
Asking price
$440,000
Closing costs (~8% of asking)
-$35,200
Est. remaining loan balance
-$157,365
Cash to seller
$247,435

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

Seller’s Loan History

Lender

Atlantic Bay Mortgage Group Llc

Loan start date

March 2020

Original loan amount

$172,000

Est. remaining balance

$157,365

Interest rate

3.6%

Loan type

New Conventional, 30 year

Seller

Becky P Graham

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 11:30 PM

Listing updated: 06/24/2024 at 2:51 AM

Listed by: Shellee Brunn, Intracoastal Realty Corp Phone #: (910) 256-4503

MLS: NorthCarolinaRegional #100449286

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