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$315,000

Beds
2
Baths
2.0
sq ft
1,032

805 Elk Trail Drive, Wilmington, NC 28409

805 Elk Trail Drive

Wilmington, NC 28409

  • 115 days on market
    • Price drop $5,000↓
Welcome to your low-maintenance home in the heart of the popular Fawn Creek neighborhood! This charming 2 bedroom, 2 bath home has been beautifully updated with LVP flooring throughout, granite countertops, stainless steel appliances, a new front door, water heater and HVAC. The main living area boasts a vaulted ceiling, creating an open space that overlooks the private, fenced backyard. The rear patio is perfect for relaxing or entertaining. The home includes a master suite with a walk-in closet. Additional features include a laundry/utility room and a 6x8 storage room on the back of the house. Plus, it's not located in a flood zone and there's no HOA to worry about! Situated adjacent to a neighborhood park and conveniently located between Wrightsville Beach and Carolina Beach, you'll enjoy easy access to Wade Park trails, Trails End Park boat launch, Wilmington Municipal Golf Course, UNCW, historic downtown Wilmington, and the Wilmington airport. This location offers sought-after schools and a community atmosphere. Don't miss the opportunity to make this Fawn Creek cottage your own!

Details

Property type

Single Family Residence

Est. home value

$282,274

Lot size

5,358 sq ft

Price per sq ft

$306

Year built

1988

Annual property taxes

$1,423.83

Price History

10/18/2024
NorthCarolinaRegional

NorthCarolinaRegional #100454940

Price change
$315,000
-1.56%
08/25/2024
NorthCarolinaRegional

NorthCarolinaRegional #100454940

Price change
$320,000
-1.54%
07/11/2024
NorthCarolinaRegional

NorthCarolinaRegional #100454940

Listed
$325,000
+82.58%

Schools & Community

Elementary school: 

Masonboro Elementary

Middle school: 

Myrtle Grove

High school: 

Hoggard

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

$133,272
Asking price
$315,000
Closing costs (~8% of asking)
-$25,200
Est. remaining loan balance
-$156,528
Cash to seller
$133,272

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

Seller’s Loan History

Lender

Northpointe Bank

Loan start date

March 2020

Original loan amount

$172,660

Est. remaining balance

$156,528

Interest rate

3.65%

Loan type

New Conventional, 30 year

Seller

Loren Kinlaw

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: 11/03/2024 at 7:35 AM

Listing updated: 10/17/2024 at 8:37 PM

Listed by: Kristen M Dunn, BlueCoast Realty Corporation Phone #: (910) 707-0337

MLS: NorthCarolinaRegional #100454940

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