tomo logo

$305,000

Beds
2
Baths
1.5
sq ft
1,028

806 South 16th Street, Wilmington, NC 28401

806 South 16th Street

Wilmington, NC 28401

  • 27 days on market
Welcome to 806 S 16th Street—a charming, fully furnished Cape Cod-style home brimming with character! This delightful property has operated part-time as a successful Airbnb, making it an ideal investment opportunity or a cozy, move-in-ready home for anyone looking to enjoy the best of Wilmington. Located just one block from Wilmington's vibrant Cargo District—known for its retail shops, restaurants, bars, and event spaces—this home places you in one of the city's most exciting and rapidly growing neighborhoods! Inside, you'll find original hardwood floors, LVP, and tile throughout. The cozy living area flows seamlessly into the kitchen, which is complete with white appliances and a white subway tile backsplash. The main level features 2 bedrooms and a full bath, while the upstairs hosts an additional 2 rooms, offering versatility for a home office, guest rooms, or more. A half bath completes the upstairs. Enjoy the large fenced-in backyard, perfect for outdoor relaxation and entertaining. The 12x20 storage shed in the backyard provides ample space for storage or a workshop. Only 2 miles from the downtown riverfront and 9 miles from Wrightsville Beach, this location offers easy access to all that Wilmington has to offer. Whether you're looking for a primary residence, a turnkey investment property, or a combination of both, this home checks all the boxes. Schedule your tour today!

Details

Property type

Single Family Residence

Est. home value

$261,100

Lot size

8,756 sq ft

Price per sq ft

$297

Year built

1942

Price History

11/29/2024
NorthCarolinaRegional

NorthCarolinaRegional #100477580

Listed
$305,000
+39.27%
01/21/2022
NorthCarolinaRegional

NorthCarolinaRegional #100296595

Sold
$219,000
+386.67%
04/28/2017
NorthCarolinaRegional

NorthCarolinaRegional #100047637

Sold
$45,000
+19.01%

Schools & Community

Elementary school: 

Forest Hills

Middle school: 

Williston

High school: 

Hoggard

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

State Employees Cu

Loan start date

January 2022

Original loan amount

$219,000

Est. remaining balance

Not provided

Interest rate

3.15%

Loan type

New Conventional, 30 year

Seller

Abigail Grace Moody and Sarah Ann Moody

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: 12/22/2024 at 12:45 AM

Listing updated: 12/05/2024 at 5:17 PM

Listed by: Jenny King, Intracoastal Realty Corp Phone #: (910) 256-4503

MLS: NorthCarolinaRegional #100477580

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