tomo logo

$490,000

Beds
5
Baths
2.0
sq ft
2,493

714 Woodlawn Avenue, Wilmington, NC 28401

714 Woodlawn Avenue

Wilmington, NC 28401

  • 32 days on market
    • Price drop $25,000↓
This classic Wilmington home embodies the warmth and comfort of a well-loved residence, cherished by only two families, the first family for 65 years. Nestled in the Historic Woodlawn Community, it boasts beautiful landscaping and meticulous maintenance. Conveniently located within walking distance to Sunset Park Elementary, Greenfield Lake, and the Amphitheater, this home offers both charm and convenience. The quality construction and original hardwood floors stand out, and the flexible floor plan allows for a master bedroom either downstairs or upstairs. With multiple rooms available, you have options for a home office, study, playroom, or bonus room. Recent updates and improvements include an upstairs addition, a large heated and cooled sunroom, a detached garage/workshop, a garden shed, and significant systems upgrades: HVAC units from 2022 and 2012, a 2018 roof, a 2015 tankless water heater, fireplace relines and sealed 2022, new walk in shower 2024, new carpet upstairs 2023, some new ceiling fans and lighting 2022, new fridge 2022, bathtub resurfaced 2022, new LVP floors in the sunroom 2022, natural gas heat, generator wiring, gutters with wire covers, an irrigation system, and a fully fenced backyard. This home truly checks all the boxes. Schedule your appointment ASAP, as this charming home with its inviting rocking chair front porch won't be on the market for long!

Details

Property type

Single Family Residence

Est. home value

$430,627

Lot size

9,148 sq ft

Price per sq ft

$197

Year built

1944

Annual property taxes

$2,021.24

Price History

07/03/2024
NorthCarolinaRegional

NorthCarolinaRegional #100448098

Price change
$490,000
-4.85%
06/11/2024
NorthCarolinaRegional

NorthCarolinaRegional #100448098

Price change
$515,000
-2.83%
06/09/2024
NorthCarolinaRegional

NorthCarolinaRegional #100448098

Listed
$530,000

Schools & Community

Elementary school: 

Sunset

Middle school: 

Williston

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

$176,718
Asking price
$490,000
Closing costs (~8% of asking)
-$39,200
Est. remaining loan balance
-$274,082
Cash to seller
$176,718

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

May 2022

Original loan amount

$284,000

Est. remaining balance

$274,082

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Peter J Woo and Teresa L Lankford Woo

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: 07/05/2024 at 12:00 AM

Listing updated: 07/03/2024 at 11:49 AM

Listed by: Jessica Daniel, Coldwell Banker Sea Coast Advantage Phone #: (910) 799-3435

MLS: NorthCarolinaRegional #100448098

NorthCarolinaRegional logo

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