tomo logo

$899,000

Beds
4
Baths
3.5
sq ft
2,450

116 SE 12th St, Oak Island, NC 28465

116 SE 12th St

Oak Island, NC 28465

  • 3 days on market
Ahoy, Home Seekers! Set sail on your dream island life adventure at the Southside location where modern luxury meets coastal charm. Nestled at the heart of paradise, this brand-new construction invites you to experience beach living at its finest! Welcome aboard to see this stunning 4-bedroom, 3-bath home on Oak Island, with features including a fun & spacious open layout, a cozy fireplace to rest by after those chilly nights out, a large sized lot with plenty of room for outdoor activities, and a peek-a-boo glimpse of the canal. You will feel like you have found your very own piece of paradise! Live the Island dream sipping lemonade on your screened-in porch; the perfect environment for entertaining or relaxation! Convenience is key with a private bed & bath upstairs, ideal for when you need a separate space or for hosting your out-of-town guests! The ground floor has plenty of room for storage, a half bath, flex room, interior staircase access, and an elevator to take you & your goodies up! Enjoy the brilliant location, where you can delight in the peace and quiet at your home away from the bustling town center, yet you are still within minutes of Oak Island's best dining, shopping, and recreation! AND you are only a few streets to SE 9th beach walkover which you may access without crossing the main road. Don't let this opportunity sail away - Make this coastal dream your new home sweet home, or your getaway spot at the beach! Seller is providing you the opportunity to purchase/lease your own gas tank so you choose your provider.

Details

Property type

Single Family Residence

Est. home value

$496,090

Lot size

7,200 sq ft

Price per sq ft

$367

Year built

2025

Price History

02/28/2025
NorthCarolinaRegional

NorthCarolinaRegional #100491441

Listed
$899,000
+428.82%
10/28/2022
NorthCarolinaRegional

NorthCarolinaRegional #100303593

Sold
$170,000
-36.33%
03/16/2015
NorthCarolinaRegional

NorthCarolinaRegional #20677793

Sold
$267,000

Schools & Community

Elementary school: 

Southport

Middle school: 

South Brunswick

High school: 

South Brunswick

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

$476,339
Asking price
$899,000
Closing costs (~8% of asking)
-$71,920
Est. remaining loan balance
-$350,741
Cash to seller
$476,339

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 Bank

Loan start date

May 2021

Original loan amount

$448,000

Est. remaining balance

$350,741

Interest rate

2.42%

Loan type

New Conventional, 15 year

Seller

David A Pittman and Paula J Pittman

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: 03/04/2025 at 12:25 AM

Listing updated: 02/28/2025 at 11:17 AM

Listed by: Kim S Anderson, Art Skipper Realty Inc. Phone #: (910) 278-6730

MLS: NorthCarolinaRegional #100491441

NorthCarolinaRegional logo

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