tomo logo

$550,000

Beds
3
Baths
2.0
sq ft
1,201

111 SW 24th St, Oak Island, NC 28465

111 SW 24th St

Oak Island, NC 28465

  • 1 day on market
Experience the charm of Oak Island in this remodeled 3-bedroom, 2-bath piling home, perfectly suited as a primary residence or a vacation getaway. Located on the quiet west end, this bright and airy retreat offers stunning views of Davis Canal from the newly constructed back deck, where you can relax and enjoy Oak Island's spectacular sunsets. Inside, the open concept living area features easy-care LVP flooring throughout, a remodeled kitchen with all new soft close cabinets, quartz countertops, a large island, and stainless-steel appliances. Other upgrades include the addition of a tankless water heater, new blinds, plus upgraded vanities in both bathrooms. With the ample storage on the lower level, the addition of a new outdoor shower, a screened-in seating area, and parking on a high lot, this home is designed for easy coastal living. Oak Island offers a wealth of amenities, all without the burden of HOA fees. Additionally, the historic charm of Downtown Southport is just a short drive away, where you can enjoy the Waterfront Park along the Cape Fear River, shopping, waterfront dining, or sunset cruise. Do not miss this opportunity to enjoy the coastal lifestyle in this exceptional Oak Island home.

Details

Property type

Single Family Residence

Est. home value

$501,466

Lot size

6,534 sq ft

Price per sq ft

$458

Year built

1997

Price History

11/14/2024
NorthCarolinaRegional

NorthCarolinaRegional #100475944

Listed
$550,000
+50.68%
07/23/2021
NorthCarolinaRegional

NorthCarolinaRegional #100258791

Sold
$365,000

Schools & Community

Elementary school: 

Southport

Middle school: 

South Brunswick

High school: 

South Brunswick

High school district: 

Brunswick County Schools

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

$234,659
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$271,341
Cash to seller
$234,659

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

Seller’s Loan History

Lender

Corporate Investors Mortgage Group Inc

Loan start date

July 2021

Original loan amount

$292,000

Est. remaining balance

$271,341

Interest rate

2.95%

Loan type

New Conventional, 30 year

Seller

William T Jefferson and Shannon D Jefferson

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?

Status: Active

Tomo last checked: 11/14/2024 at 8:45 PM

Listing updated: 11/14/2024 at 2:02 PM

Listed by: Charlene B Cole, Southern Realty Advantage LLC Phone #: (910) 933-6223

MLS: NorthCarolinaRegional #100475944

NorthCarolinaRegional logo

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