tomo logo

$150,000

Beds
2
Baths
1.0
sq ft
747

714 South 16th Street, Wilmington, NC 28401

714 South 16th Street

Wilmington, NC 28401

  • <1 day on market
Situated on the corner of 16th and Wooster in Wilmington's thriving Cargo District, this 2-bedroom, 1-bath home offers a prime location within an Opportunity Zone, making it a fantastic choice for homeowners and investors alike. The home features low-maintenance vinyl siding and windows and a durable 2014 metal roof for long-term peace of mind. A spacious backyard with ample parking and entertainment space is easily accessible from Wooster Street. Conveniently located just two blocks from popular restaurants, a coffee shop, a barber shop, and co-working spaces, this property offers both charm and convenience. With its unbeatable location and strong investment potential, this home is priced to sell. Don't miss out on this exceptional opportunity—schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$209,154

Lot size

9,148 sq ft

Price per sq ft

$201

Year built

1943

HOA

No

Price History

03/14/2025
NorthCarolinaRegional

NorthCarolinaRegional #100494272

Listed
$150,000
+50%
03/17/2020
NorthCarolinaRegional

NorthCarolinaRegional #100183796

Sold
$100,000

Schools & Community

Elementary school: 

Forest Hills

Middle school: 

Williston

High school: 

Hoggard

High school district: 

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

$66,120
Asking price
$150,000
Closing costs (~8% of asking)
-$12,000
Est. remaining loan balance
-$71,880
Cash to seller
$66,120

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

Seller’s Loan History

Lender

Equity Resources Inc

Loan start date

March 2020

Original loan amount

$80,000

Est. remaining balance

$71,880

Interest rate

3.6%

Loan type

New Conventional, 30 year

Seller

Karen E Perron

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: 03/14/2025 at 11:35 AM

Listing updated: 03/13/2025 at 10:27 PM

Listed by: Hayden Sykes, LIFE Properties Phone #: (910) 231-9417

MLS: NorthCarolinaRegional #100494272

NorthCarolinaRegional logo

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