tomo logo

$240,000

Beds
2
Baths
1.0
sq ft
936

924 South 11th Street, Wilmington, NC 28401

924 South 11th Street

Wilmington, NC 28401

  • 7 days on market
Welcome to your charming cottage nestled in the heart of Downtown Wilmington, where convenience meets comfort! This adorable home features two dedicated street parking spots, making access a breeze. Step inside to discover a bright and open layout, complete with stylish granite countertops and all the furnishings you could need. The cottage comes fully equipped with linens, plates, and dishes, so you can simply pack your suitcase and move right in. It's been a successful rental property, thriving in both long-term and short-term rental programs, showcasing its versatility and appeal. Plus, for electric vehicle owners, an outlet is conveniently available for charging. With its prime location close to shops, restaurants, downtown nightlife and beaches this cottage is the perfect blend of cozy living and urban convenience. The motivated sellers are ready to find a new owner, making this an opportunity you won't want to miss!

Details

Property type

Single Family Residence

Est. home value

$262,195

Lot size

2,788 sq ft

Price per sq ft

$257

Year built

2003

Annual property taxes

$1,285.86

Price History

02/14/2025
NorthCarolinaRegional

NorthCarolinaRegional #100489005

Listed
$240,000
-3.96%
12/05/2024
NorthCarolinaRegional

NorthCarolinaRegional #100467215

Removed
$249,900
10/23/2024
NorthCarolinaRegional

NorthCarolinaRegional #100467215

Price change
$249,900
-5.7%

Schools & Community

Elementary school: 

Forest Hills

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

$13,591
Asking price
$240,000
Closing costs (~8% of asking)
-$19,200
Est. remaining loan balance
-$207,209
Cash to seller
$13,591

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

Seller’s Loan History

Lender

Aurora Financial Llc

Loan start date

December 2022

Original loan amount

$212,000

Est. remaining balance

$207,209

Interest rate

7.08%

Loan type

New Conventional, 30 year

Seller

Joseph Friedlander and Lucia Friedlander

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: 02/22/2025 at 2:45 PM

Listing updated: 02/14/2025 at 4:07 PM

Listed by: Dawn J Berard, Sold Buy the Sea Realty Phone #: (910) 367-2965

MLS: NorthCarolinaRegional #100489005

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