tomo logo

$1,150,000

Beds
3
Baths
2.5
sq ft
2,094

118 Southshore Dr, Supply, NC 28462

118 Southshore Dr

Holden Beach, NC 28462

  • 39 days on market
    • Price drop $100,000↓
Welcome to your Holden Beach retreat! A beautifully maintained, light-filled home just three rows back from the ocean, complete with views of the Intracoastal Waterway could be YOURS. Imagine relaxing by your private pool and hot tub, watching boats drift by, and embracing the coastal lifestyle. The home's open, airy layout is perfect for unwinding with loved ones or hosting sunny afternoons by the pool. Equipped with solar panels to help offset the electric bill, this home is designed with efficiency in mind, maximizing income potential for investors. Holden Beach offers the perfect backdrop, known for its relaxed vibe and endless outdoor adventures. Here, you're in the heart of it all—from beach days and paddleboarding to exploring charming local spots, this home is more than just a getaway; it's a place to create lasting memories. With a strong rental history, income potential, and energy-saving features, this Holden Beach gem is ready to welcome you, whether as a second home or a high-performing investment.

Details

Property type

Single Family Residence

Est. home value

$881,562

Lot size

7,405 sq ft

Price per sq ft

$550

Year built

2002

Annual property taxes

$3,173.08

Price History

11/25/2024
NorthCarolinaRegional

NorthCarolinaRegional #100475799

Price change
$1,150,000
-8%
11/14/2024
NorthCarolinaRegional

NorthCarolinaRegional #100475799

Listed
$1,250,000
-7.41%
06/08/2024
NorthCarolinaRegional

NorthCarolinaRegional #100421896

Removed
$1,350,000

Schools & Community

Elementary school: 

Virginia Williamson

Middle school: 

Cedar Grove

High school: 

West 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

$615,917
Asking price
$1,150,000
Closing costs (~8% of asking)
-$92,000
Est. remaining loan balance
-$442,083
Cash to seller
$615,917

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

Seller’s Loan History

Lender

Low Va Rates Llc

Loan start date

April 2021

Original loan amount

$481,600

Est. remaining balance

$442,083

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Noah D Gift and Nora L Gift

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: 12/23/2024 at 4:25 AM

Listing updated: 12/15/2024 at 2:38 AM

Listed by: Jan Roggeman, 1st Class Real Estate Coastal Choice Phone #: (910) 418-1560

MLS: NorthCarolinaRegional #100475799

NorthCarolinaRegional logo

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