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$249,900

Beds
2
Baths
1.0
sq ft
936

924 South 11th Street, Wilmington, NC 28401

924 South 11th Street

Wilmington, NC 28401

  • 64 days on market
    • Price drop $15,100↓
This one level, two-bedroom, one-bathroom home, on a nice corner lot, built in 2003, has been recently updated with modern touches. The easy maintenance luxury vinyl plank (LVP) flooring, granite countertops, and paint colors enhance its appeal. As a long term rental, the property recently rented at $1650/ month with the tenant paying utilities. As a short term rental, July 2024's gross rent was $3,003.52. Offered fully furnished right down to the silverware! The kitchen is equipped with stainless steel appliances, including a refrigerator, stove, and dishwasher, while the included washer and dryer set add convenience. Ideal for first-time homebuyers or investors seeking a property with immediate rental potential, the home also features a covered front porch, two off-street parking spaces (with an Electric vehicle charging station) and ample street parking. NO HOA fees and ready for immediate occupancy.

Details

Property type

Single Family Residence

Est. home value

$262,195

Lot size

2,614 sq ft

Price per sq ft

$267

Year built

2003

Annual property taxes

$1,248.91

Price History

10/23/2024
NorthCarolinaRegional

NorthCarolinaRegional #100467215

Price change
$249,900
-5.7%
10/03/2024
NorthCarolinaRegional

NorthCarolinaRegional #100467215

Price change
$265,000
-7.02%
09/20/2024
NorthCarolinaRegional

NorthCarolinaRegional #100467215

Listed
$285,000
+7.55%

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

$22,108
Asking price
$249,900
Closing costs (~8% of asking)
-$19,992
Est. remaining loan balance
-$207,800
Cash to seller
$22,108

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

$207,800

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: 11/23/2024 at 7:55 AM

Listing updated: 11/06/2024 at 2:32 AM

Listed by: Jason Bell, Keller Williams Innovate-Wilmington Phone #: (910) 777-2200

MLS: NorthCarolinaRegional #100467215

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Recently listed in Wilmington