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$999,999

Beds
5
Baths
3.0
sq ft
2,473

118 Clementree Lane, Kure Beach, NC 28449

118 Clementree Lane

Kure Beach, NC 28449

  • 66 days on market
    • Price drop $75,001↓
This ocean view, 5-bedroom home on a quiet cul-de-sac would make a great forever home or a smart investment property. The property is in the beautiful beachside community of Kure Estates, complete with neighborhood pool and private beach access. A safe and family-oriented subdivision just a few steps from the beach. This is a turnkey fully furnished home ready to start enjoying on day one! Enjoy two covered decks, a top floor ocean view, and ample backyard patio and yard space. The 1 car garage is equipped with a 220 EV charger, a water softening system, and there is plenty of room in the driveway for parking. The main floor has an open floor plan with kitchen/dining/ living area. A bedroom, full bathroom, and laundry complete the main floor. Granite countertops, stainless appliances, ceiling fans, hardwood flooring, and you can walk right out onto a lovely, covered porch with picnic table and outdoor seating. The top floor has a spacious primary bedroom with luxurious on-suite containing a walk-in shower and jacuzzi tub. Just off this bedroom is another covered porch with great ocean views. There are two other bedrooms and a full bathroom off the hallway. The ground floor has a newly renovated (Sept 2024) fifth bedroom or, if you prefer, an office or yoga studio. The other half of the ground floor is a garage and storage area. Living here on the island immediately brings your stress level down, as the ocean is truly magical. If you prefer to rent out this home, it is a coveted property with a great ocean view and just steps to the beach! This home has been well-loved with newer HVAC and water heater.

Details

Property type

Single Family Residence

Est. home value

$946,090

Lot size

7,013 sq ft

Price per sq ft

$405

Year built

1998

Annual property taxes

$4,235.02

HOA fee

$525

Price History

11/29/2024
NorthCarolinaRegional

NorthCarolinaRegional #100471986

Price change
$999,999
-6.98%
11/14/2024
NorthCarolinaRegional

NorthCarolinaRegional #100471986

Price change
$1,075,000
-2.27%
10/27/2024
NorthCarolinaRegional

NorthCarolinaRegional #100471986

Listed
$1,100,000
+33.33%

Schools & Community

Elementary school: 

Carolina Beach

Middle school: 

Murray

High school: 

Ashley

Community features: 

Pool

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

$410,840
Asking price
$999,999
Closing costs (~8% of asking)
-$80,000
Est. remaining loan balance
-$509,159
Cash to seller
$410,840

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

August 2021

Original loan amount

$548,250

Est. remaining balance

$509,159

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Stephen James Leclair and Susan Jane Leclair

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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Status: Active

Tomo last checked: 12/25/2024 at 10:35 AM

Listing updated: 12/16/2024 at 2:53 AM

Listed by: Chelsea R Dennis, A1 Property Management Inc. Phone #: (910) 619-2256

MLS: NorthCarolinaRegional #100471986

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