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$184,900

Beds
3
Baths
1.0
sq ft
822

718 Red Cross Street, Wilmington, NC 28401

718 Red Cross Street

Wilmington, NC 28401

  • 24 days on market
    • Price drop $15,000↓
Charming Downtown Wilmington Starter Home or Investment Opportunity This delightful property features two cozy bedrooms and one bathroom. Enjoy the elegance of hardwood floors throughout, and cook with ease on the electric range. The home comes with the added peace of mind of a one-year home warranty. Currently vacant and ready for you to move in!

Details

Property type

Single Family Residence

Est. home value

$153,965

Lot size

1,786 sq ft

Price per sq ft

$225

Year built

1920

Annual property taxes

$699.48

Price History

11/07/2024
NorthCarolinaRegional

NorthCarolinaRegional #100471209

Price change
$184,900
-7.5%
10/18/2024
NorthCarolinaRegional

NorthCarolinaRegional #100471209

Pending
$199,900
10/15/2024
NorthCarolinaRegional

NorthCarolinaRegional #100471209

Listed
$199,900
+370.35%

Schools & Community

Elementary school: 

Snipes

Middle school: 

Williston

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

$58,698
Asking price
$184,900
Closing costs (~8% of asking)
-$14,792
Est. remaining loan balance
-$111,410
Cash to seller
$58,698

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 Mortgage Solutions Llc

Loan start date

November 2022

Original loan amount

$113,850

Est. remaining balance

$111,410

Interest rate

6.66%

Loan type

New Conventional, 30 year

Seller

Jeremy Garrido

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: 11/08/2024 at 7:20 AM

Listing updated: 11/07/2024 at 4:22 PM

Listed by: Basil Williams, Keller Williams Innovate-Wilmington Phone #: (910) 777-2200

MLS: NorthCarolinaRegional #100471209

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