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$242,999

Beds
2
Baths
1.0
sq ft
573

809 Russell Alley, Wilmington, NC 28401

809 Russell Alley

Wilmington, NC 28401

  • 11 days on market
Discover this beautifully renovated 2-bedroom, 1-bathroom home, ideally situated within walking distance of the Castle Street Antique District, vibrant restaurants, unique shops, and mini golf. This property boasts all-new lighting, appliances, butcher block countertops, flooring, paint, windows, and an HVAC system, making it a turn-key opportunity. Just 7 minutes from downtown, 16 minutes to Wrightsville Beach, and 10 minutes to Wilmington International Airport, this home is perfect for first-time buyers or as an investment property. Don't miss the chance to make this inviting space your own.

Details

Property type

Single Family Residence

Est. home value

$100,846

Lot size

1,786 sq ft

Price per sq ft

$425

Year built

1900

Annual property taxes

$575.94

Price History

11/12/2024
NorthCarolinaRegional

NorthCarolinaRegional #100475523

Listed
$242,999
+94.4%
01/31/2024
NorthCarolinaRegional

NorthCarolinaRegional #100417837

Sold
$125,000

Schools & Community

Elementary school: 

Snipes

Middle school: 

Williston

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

$145,400
Asking price
$242,999
Closing costs (~8% of asking)
-$19,440
Est. remaining loan balance
-$78,159
Cash to seller
$145,400

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

January 2024

Original loan amount

$78,750

Est. remaining balance

$78,159

Interest rate

7.03%

Loan type

New Conventional, 30 year

Seller

Haven Cockerham Jr

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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1116 South 3rd Street, Wilmington, NC 28401

Status: Active

Tomo last checked: 11/23/2024 at 3:30 AM

Listing updated: 11/12/2024 at 12:22 PM

Listed by: Erica Nixon, Erica Nixon Real Estate Phone #: (910) 685-1597

MLS: NorthCarolinaRegional #100475523

NorthCarolinaRegional logo

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