tomo logo

$625,000

Beds
4
Baths
2.5
sq ft
2,700

7625 Lost Tree Road, Wilmington, NC 28411

7625 Lost Tree Road

Wilmington, NC 28411

  • 51 days on market
Charming Custom-Built Home in Bayshore Estates Discover this stunning custom-built 4-bedroom, 2.5-bath home situated on nearly 2/3 of an acre in the desirable Bayshore Estates neighborhood. As you enter the foyer, you'll be captivated by the cathedral vaulted ceiling that enhances the spacious family room. Adjacent to the family room, you'll find a formal dining room, an inviting all-season sunroom, a cozy breakfast nook, and a recently updated kitchen featuring modern cabinets and beautiful granite countertops. Natural light floods the primary living area, creating a warm atmosphere that continues into the primary bedroom suite, which boasts an oversized walk-in California closet, a luxurious jetted tub, and a separate shower for your comfort and convenience. The upper level features a lovely staircase leading to generously sized bedrooms and a dedicated office space, perfect for remote work or study. Located on Lost Tree, you're just minutes away from fantastic shopping, dining, a movie theater, and more. Enjoy the convenience of being centrally located, with quick access to the beaches, downtown Wilmington, UNCW, and the Wilmington Airport—all within a 15-minute drive. This home offers the benefits of living outside city limits, significantly lowering your tax bill, and with no HOA dues, you'll save even more. Enjoy the perks of having your own well for water supply, enhanced by a leased state-of-the-art Culligan filtration system that ensures great-tasting water and chemical-free showers. Additionally, the crawlspace is fully encapsulated and equipped with a dehumidifier, providing extra peace of mind. As an extra feature, the community features a tidal boat dock, perfect for those who love to explore the water. If you're looking for spacious living in a growing family home, don't miss your chance to visit this exceptional property before it's gone!

Details

Property type

Single Family Residence

Est. home value

$568,467

Lot size

0.64 acres

Price per sq ft

$232

Year built

1994

Annual property taxes

$2,018.94

Price History

11/02/2024
NorthCarolinaRegional

NorthCarolinaRegional #100474029

Listed
$625,000
+51.15%
12/11/2020
NorthCarolinaRegional

NorthCarolinaRegional #100230453

Sold
$413,500

Schools & Community

Neighborhood: 

Bayshore

Elementary school: 

Ogden

Middle school: 

Holly Shelter

High school: 

Laney

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

$273,997
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$301,003
Cash to seller
$273,997

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

Seller’s Loan History

Lender

North State Bank

Loan start date

December 2020

Original loan amount

$330,800

Est. remaining balance

$301,003

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Robert E Simak and Doris Carol Simak

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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7513 Lost Tree Road, Wilmington, NC 28411

Status: Active

Tomo last checked: 12/23/2024 at 9:55 AM

Listing updated: 12/08/2024 at 4:27 PM

Listed by: Ed Sullivan, EXP Realty Phone #: (888) 584-9431

MLS: NorthCarolinaRegional #100474029

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