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Wilmington, NC 28411

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4 Bed, 2 Bath
Single Family Home
1682 sq. ft. ($112 per sq. ft.)
Listing ID: DAM6878

$189,900

$851 per month*

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Property Highlights

Single story
Built in 1973
Property is on 0.33 acre
Electric Heat Pump heating system
Central AC cooling system
City provided sewer/wastewater
Has a fireplace
Has an attic
In the Kings Grant neighborhood
Part of the E: Eaton, M: Trask, H: Laney school district
$750 estimated taxes (yearly)

Property Description

4 bd / 2ba all brick home in Kings Grant! Fenced in backyard with detached garage and workshop. Est 1682 sq feet, approx .36 acre corner lot. Home built in 1973. House built on a slab, concrete patio, tiled kitchen and separate laundry room with separate entrance from outside. Sliding glass doors to back patio. Ceiling fans in every room.

Home is currently occupied by renters with the lease in the amount of $1300/ month to expire July 25, 2009. Sale of property does include current tenant lease and $1250 security deposit. Excellent rental history as well. Property does currently cash flow. Property taxes and insurance approximately $160 per month.

A negotiated Broker fee will be paid to buyer’s agent with suitable contract price.

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* Est. payment based on 20% down and a 30-year fixed rate of 5.375%

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January 14, 2010

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Sellers seem to be holding their price a little better this month according to a new report on CNBC. Is this the beginning of a trend of price support in some major markets? Let's look at the numbers....

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