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$349,900

Beds
3
Baths
2.0
sq ft
1,341

7116 Farrington Farms Drive, Wilmington, NC 28411

7116 Farrington Farms Drive

Wilmington, NC 28411

  • <1 day on market
Welcome home to this charming three-bedroom, two-bathroom residence in the sought-after Farrington Farms community! This home features a desirable split-bedroom floor plan offering privacy and convenience. Walk up to the rocking chair front porch, and through the doors you will see LVT flooring throughout. This home also offers nice natural light in the main living areas & a tree-lined backyard for your enjoyment. We are nestled between Ogden Park and Lewis Farms, Additionally, revel in the ease of access to local amenities - less than 15 minute drive takes you to shopping at Mayfaire and the shores of Wrightsville Beach. Explore the vibrant energy of downtown with a quick 15-minute drive to the riverfront or Live Oak Pavilion. 1-40 is less than 5 minutes away.

Details

Property type

Single Family Residence

Est. home value

$327,160

Lot size

8,407 sq ft

Price per sq ft

$261

Year built

2002

HOA fee

$232

Price History

11/15/2024
NorthCarolinaRegional

NorthCarolinaRegional #100476054

Listed
$349,900
+14.72%
05/11/2022
NorthCarolinaRegional

NorthCarolinaRegional #100327314

Sold
$305,000

Schools & Community

Neighborhood: 

Murraysville

Elementary school: 

Blair

Middle school: 

Trask

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

$39,821
Asking price
$349,900
Closing costs (~8% of asking)
-$27,992
Est. remaining loan balance
-$282,087
Cash to seller
$39,821

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

April 2022

Original loan amount

$295,850

Est. remaining balance

$282,087

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Chad Hendricks and Matalyn Sullivan

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 11:25 AM

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

Listed by: Kristy D Ward, Nest Realty Phone #: (910) 550-2788

MLS: NorthCarolinaRegional #100476054

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