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$1,150,000

Beds
5
Baths
3.0
sq ft
2,048

1218 New River Inlet Road, Sneads Ferry, NC 28460

1218 New River Inlet Road

North Topsail Beach, NC 28460

  • 201 days on market
    • Price drop $61,800↓
***Seller is now offering a $20k ''Use as you choose'' credit.*** Discover your dream retreat at North Topsail Beach, where ocean and sound views converge in this stunning waterfront home. Thoughtfully designed for relaxation and luxury, this fully furnished property is move-in ready, offering an effortless transition into the coastal lifestyle. Whether you're seeking a profitable vacation rental, a seasonal escape, or a year-round haven, this home has it all. Spacious and inviting, the 5-bedroom layout provides plenty of room for family and guests, while expansive decks and balconies set the stage for al fresco dining, entertaining, and soaking in the tranquil beach vibes. The gourmet kitchen features high-end appliances, perfect for creating anything from casual beachside snacks to impressive meals. Conveniently located just minutes from Sneads Ferry, you'll have easy access to grocery stores, shops, and other essentials. A short drive to Surf City opens the door to dining, nightlife, and vibrant coastal experiences. Golf enthusiasts will love being under 10 minutes away from the highly regarded North Shore Country Club. With an impressive $102K in gross rental income in 2023, this property combines investment potential with the charm of a coastal getaway. Your seaside sanctuary awaits!

Details

Property type

Single Family Residence

Est. home value

$976,713

Lot size

0.52 acres

Price per sq ft

$562

Year built

1994

Annual property taxes

$7,482.77

Price History

07/02/2024
NorthCarolinaRegional

NorthCarolinaRegional #100439333

Price change
$1,150,000
-5.1%
06/10/2024
NorthCarolinaRegional

NorthCarolinaRegional #100439333

Listed
$1,211,800
06/08/2024
NorthCarolinaRegional

NorthCarolinaRegional #100439333

Removed
$1,211,800

Schools & Community

Elementary school: 

Dixon

Middle school: 

Dixon

High school: 

Dixon

High school district: 

Onslow

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

$667,599
Asking price
$1,150,000
Closing costs (~8% of asking)
-$92,000
Est. remaining loan balance
-$390,401
Cash to seller
$667,599

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

Seller’s Loan History

Lender

Magnolia Bank

Loan start date

January 2021

Original loan amount

$500,000

Est. remaining balance

$390,401

Interest rate

2.26%

Loan type

New Conventional, 15 year

Seller

Keith J Cipielewski and Beth M Owen Cipielewski

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: 11/05/2024 at 10:20 AM

Listing updated: 10/07/2024 at 2:07 PM

Listed by: Nate E Carithers, 360 REALTY Phone #: (910) 968-0001

MLS: NorthCarolinaRegional #100439333

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