tomo logo

$270,000

Beds
1
Baths
1.0
sq ft
660

109 Cedar Lane Unit 2, Cedar Point, NC 28584

109 Cedar Lane Unit 2

Cedar Point, NC 28584

  • 102 days on market
    • Price drop $10,000↓
WATERFRONT! BOAT RAMP AND SLIP! Beautiful and spacious, 1 bedroom, 1 bathroom condo with gorgeous water views from the living room, kitchen, and bedroom! Recently fully rennovated with stainless appliances, LVP and quartz countertops. HOA includes FEMA flood insurance, cable, water, sewer, trash pickup, and yard maintenance. Private boat ramp, new boat dock and unassigned owner slips at no additional fee. Quiet, end unit located next to the owner storage unit. All furnishings are negotiable. Current arrangement sleeps 6 with Queen bed, Twin bed with trundle, and Queen sleeper sofa.

Details

Property type

Condominium

Est. home value

$203,461

Lot size

Unknown

Price per sq ft

$410

Year built

1969

Annual property taxes

$695.73

HOA fee

$3,408

Price History

06/29/2024
NorthCarolinaRegional

NorthCarolinaRegional #100447132

Price change
$270,000
-3.57%
06/23/2024
NorthCarolinaRegional

NorthCarolinaRegional #100447132

Listed
$280,000
06/08/2024
NorthCarolinaRegional

NorthCarolinaRegional #100447132

Removed
$280,000

Schools & Community

Elementary school: 

White Oak Elementary

Middle school: 

Broad Creek

High school: 

Unknown

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

$127,449
Asking price
$270,000
Closing costs (~8% of asking)
-$21,600
Est. remaining loan balance
-$120,951
Cash to seller
$127,449

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

Seller’s Loan History

Lender

First Citizens Bank & Trust Co

Loan start date

November 2021

Original loan amount

$144,000

Est. remaining balance

$120,951

Interest rate

2.15%

Loan type

New Conventional, 15 year

Seller

Jonathan K Skinner and Misty M Skinner

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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Price drop
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650 Cedar Point Boulevard Unit B35, Cedar Point, NC 28584

Status: Active

Tomo last checked: 09/07/2024 at 10:05 PM

Listing updated: 08/29/2024 at 7:47 AM

Listed by: SUSAN AYERS, HomeZu Phone #: (888) 875-4218

MLS: NorthCarolinaRegional #100447132

NorthCarolinaRegional logo

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