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Sold for $328,000
  • $328,000

    705 Lorraine Circle, Wilmington, NC 28412

    3beds
    1,374sqft
    Single Family Residence
    Built in 1970
    0.27 Acres Lot
    $348,500 Zestimate®
    $239/sqft
    $2,233 Estimated rent

    Home value

    $348,500

    $331,000 - $369,000

    $2,233/mo

    Zestimate® history
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    $2,233/mo

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    $1,917/mo

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    What's special

    MULTIPLE OFFERS RECEIVED - **All offers must be submitted by 4/15 at 5:00PM** Investors or residents take note! Welcome to 705 Lorraine Circle. With no HOA, this home is currently taking advantage of the short-term rental market on Airbnb and is generating passive income. This FULLY FURNISHED 3 bedroom, 1.5 bath home sits on a quiet residential street, with two driveways providing ample parking. Upon entering, guests are greeted by a cozy living room furnished with comfortable seating arrangements, including a plush sofa and armchairs. A large flat-screen TV provides entertainment options. Adjacent to the living room is a large dining table overlooking the front yard offering a pleasant dining experience. The kitchen is fully equipped with modern appliances, including a stove, oven, refrigerator, microwave, and dishwasher, as well as essential cookware and utensils. The house features three well-appointed bedrooms, each designed to ensure a restful night's sleep for guests. The primary bedroom boasts a convenient en-suite half bathroom. The second and third bedrooms are furnished with cozy full-sized beds and generous closet space, accommodating additional guests or family members. In addition to the en-suite half bathroom in the primary bedroom, there's a full bathroom centrally located in the hallway, serving the remaining bedrooms. Stepping outside, guests can unwind and relax in the spacious, fenced backyard, which offers a private, quiet retreat. The outdoor space features an open patio area with outdoor seating, perfect for al fresco dining or hosting gatherings with friends and family. A detached garage could act as a garage or workshop. A one-year 2-10 home warranty provides piece of mind. Come take a look at this fantastic home today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Chris Lopata 910-799-3435,

    Coldwell Banker Sea Coast Advantage

    Bought with:

    Cassie L Iventosch, 345400

    The Saltwater Agency LLC

    Source: Hive MLS,MLS#: 100437804MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Dining Room
    Primary bedroom
    • Level: Primary Living Area
    Dining room
    • Features: Combination, Formal
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Electric Oven, Electric Cooktop, Washer, Refrigerator, Dryer, Dishwasher
    Features
    • Master Downstairs, Ceiling Fan(s), Pantry
    • Has fireplace: No
    • Fireplace features: None
    • Furnished: Yes
    Interior area
    • Total structure area: 1,374
    • Total interior livable area: 1,374 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Gravel
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Open, Deck
    • Fencing: Back Yard,Wood
    Lot
    • Size: 0.27 Acres
    • Dimensions: 90 x 190 x 137 x 84
    Details
    • Parcel number: R07512005010000
    • Zoning: R-10
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick Veneer, Vinyl Siding
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1970
    Details
    • Warranty included: Yes

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Available, Water Available

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Marquis Hills
    HOA
    • Has HOA: No
    • Amenities included: None
    Location
    • Region: Wilmington

    Financial & listing details

    • Price per square foot: $239/sqft
    • Tax assessed value: $191,700
    • Annual tax amount: $1,001
    • Date on market: 10/11/2025
    • Cumulative days on market: 6 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    5/10/2024Sold$328,000+0.9%$239/sqft
    Source: Hive MLS #100437804 Report a problem
    4/16/2024Pending sale$325,000$237/sqft
    Source: Hive MLS #100437804 Report a problem
    4/10/2024Listed for sale$325,000+22.6%$237/sqft
    Source: Hive MLS #100437804 Report a problem
    10/13/2021Sold$265,000-3.6%$193/sqft
    Source: Hive MLS #100285162 Report a problem
    9/17/2021Pending sale$275,000$200/sqft
    Source: Hive MLS #100285162 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Silver Lake

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $348,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $348,500