Move-In Ready 2 Bedroom, 2 Bath Condo - Perfect Investment opportunity near UNCW!This beautifully updated 2-bedroom, 2-bath condo is the ideal blend of comfort and convenience. Featuring a recently updated kitchen with new cabinets, dishwasher, stainless steel refrigerator and refinshed countertops. All new light fixtures, updated bathrooms, fresh paint and new LVP flooring throughout, this home is truly move-in ready! Enjoy the private screened-in porch overlooking a natural wooded area. Located just minutes from UNCW, Wrightsville beach and downtown Wilmington. This property is perfect for students, professionals, or investors looking for a great rental opportunity. The proximity to the university makes it an attractive option for long-term tenants or anyone seeking a prime location.Don't miss out on this incredible property. Schedule your viewing today!
Property Details
Property Features
Property Information:
Year Built: 1989
Stories: 2
Living Area: 892 SqFt
Listing Office:
Office Name: Wit Realty LLC
Interior Features
Interior Information:
Appliances: Dishwasher, Washer, Electric Oven, Electric Stove, Refrigerator, Microwave, Dryer
Directions: S. College Rd. turn right on Wilshire Ave., turn right on Kerr Ave and then turn left on Candlewyck go straight around left curve unit on left.
Price Information
Listing Price Info
Price Summary:
List Price: $163,500
Price Per SqFt: $183/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Wilmington, NC.
This property is $262K less than the Median Sold Price and $62/SqFt less than other homes in Wilmington, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #100471497
Listing Office:
Office Name: Wit Realty LLC
Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 6:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$884
Per Month
Principal & Interest
$817
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$557
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Winter Park Elementary School
204 S MacMillan Ave
Distance between this listing and this school1.16 miles
Public District Grades KG-5
3
/10
College Park Elementary School
5001 Oriole Dr
Distance between this listing and this school1.50 miles
Public District Grades KG-5
1
/10
Forest Hills Global Elementary School
602 Colonial Dr
Distance between this listing and this school1.52 miles
Public District Grades KG-5
Nearby Schools
6
/10
Wilmington Preparatory Academy
134 Cinema Dr
Distance between this listing and this school0.81 miles
Public Charter Grades KG-8
3
/10
Roland-Grise Middle School
4412 Lake Ave
Distance between this listing and this school1.50 miles
Public District Grades 6-8
3
/10
Williston Middle School
401 S 10th St
Distance between this listing and this school2.74 miles
Public District Grades 6-8
Nearby Schools
8
/10
Isaac M Bear Early College High School
630 MacMillan Ave N
Distance between this listing and this school0.61 miles
Public District Grades 9-12
4
/10
Career Readiness Academy at Mosley Plc
3702 Princess Place Dr
Distance between this listing and this school1.32 miles
Public District Grades 6-12
5
/10
Girls Leadership Academy of Wilmington
4100 Sunglow Dr
Distance between this listing and this school1.75 miles
The neighbors living near this home have an average income of $19,039. Most Wilmington, NC residents have annual incomes less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 522 S Kerr Ave Unit 56
What is the listing price of this property?
The listing price of 522 S Kerr Ave Unit 56 property is $163,500.
What type of property is this?
The property 522 S Kerr Ave Unit 56 is a condo located in Wilmington, North Carolina, 28403.
Is this property for sale now?
Active Listing: 522 S Kerr Ave Unit 56 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 522 S Kerr Ave Unit 56 has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 522 S Kerr Ave Unit 56 is 892 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 522 S Kerr Ave Unit 56 is 1989.
This home is located at 522 S Kerr Ave Unit 56 in Wilmington, NC and zip code 28403 in the Midtown neighborhood. This 892 square foot home was built in 1989. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $163,500.
Wilmington, NC housing market in October 2024 saw over 46 listings sold above listed price, more than 66 sold at listed price and over 153 sold below. The inventory of homes for sale in Wilmington, NC between September 2024 and October 2024 increased by 3.5%. Listings spent 44 days on the market in October 2024, and had a median list price of $425,528 during the same period.
From Rocket Homes Real Estate and based on county public records data.