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$268,500

Beds
3
Baths
2.0
sq ft
1,344

131 Edgewater Drive, Grandy, NC 27939

131 Edgewater Drive

Grandy, NC 27939

  • 3 days on market
    • Price drop $100,000↓
Well maintained, move-in-ready home in Grandy. Located approximately 20 minutes north of the Outer Banks and only minutes from shopping, fast food and other restaurants. Spacious family room and adjacent kitchen with lots of cabinets. Fully fenced-in backyard with patio and two sheds with electrical hookups. Owner has taken pride in this home and made several improvements from 2020-2023 to include: a new water heater, heat pump and gutters. Owner installed new flooring throughout, along with new toilets and sinks/faucets and a new walk-in shower. Owner also added a second shed, and improved the large parking area. A must see!!!

Details

Property type

Manufactured Home

Est. home value

$238,153

Lot size

0.35 acres

Price per sq ft

$200

Year built

1998

Annual property taxes

$901.98

HOA fee

$60

Price History

01/02/2025
NorthCarolinaRegional

NorthCarolinaRegional #100481643

Price change
$268,500
-27.14%
01/02/2025
NorthCarolinaRegional

NorthCarolinaRegional #100481643

Listed
$368,500
+170.96%
11/27/2019
NorthCarolinaRegional

NorthCarolinaRegional #896425

Sold
$136,000

Schools & Community

Elementary school: 

Griggs Elementary

Middle school: 

Currituck County Middle

High school: 

Currituck County High

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

$127,181
Asking price
$268,500
Closing costs (~8% of asking)
-$21,480
Est. remaining loan balance
-$119,839
Cash to seller
$127,181

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

Seller’s Loan History

Lender

Ovm Financial Inc

Loan start date

November 2019

Original loan amount

$133,536

Est. remaining balance

$119,839

Interest rate

3.65%

Loan type

FHA, 30 year

Seller

Clarence W Faulkner Jr

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: 01/05/2025 at 5:25 AM

Listing updated: 01/02/2025 at 11:27 AM

Listed by: Mirjam Davis, Howard Hanna WEW/Moyock Phone #: (252) 435-6100

MLS: NorthCarolinaRegional #100481643

NorthCarolinaRegional logo

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