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$696,267Estimated home value

Beds
3
Baths
2.0
sq ft
1,152

1403 South Lake Park Boulevard Unit 1006, Carolina Beach, NC 28428

1403 South Lake Park Boulevard Unit 1006

Carolina Beach, NC 28428

  • Sold On 10/2/2024
    • Price drop $10,000↓
**Price improvement and seller concession of $2500 for buyer to use towards closing cost/buy down rate with an acceptable offer by Sept. 30, 2024.** Imagine stepping into your dream beachfront oasis, where every detail has been meticulously taken care of. This turnkey condo offers the ultimate convenience and comfort, featuring: Fully Furnished, Ready to use, Comprehensive Amenities, and Ideal Location. Every room is thoughtfully designed for functionality and aesthetic appeal, ensuring a seamless living experience from day one. This 3bd, 2bath unit was completely remodeled in 2021 with stainless steel appliances, soft close MOD cabinetry, solid surface countertops, tile backsplash, LVP flooring, and interior solid wood doors. Other upgrades of the entire Pelican Watch complex include roof in 2023 & stairs 2021. Either you're planning to move in yourself or use it as a rental property, this condo is ready for immediate occupancy. The HOA consists of: Master Insurance, Termite Bond, water, sewer, trash, internet, fitness center, indoor and outdoor pool, elevator, private beach access, and hot tub. They are working on a private owner's area for gatherings on the ground floor. Discussion of replacing sliding doors and/or windows soon.

Details

Property type

Condominium

Est. home value

$696,267

Lot size

Unknown

Price per sq ft

$599

Year built

1984

HOA fee

$9,108

Price History

10/02/2024
NorthCarolinaRegional

NorthCarolinaRegional #100453622

Sold
$620,000
-10.14%
09/12/2024
NorthCarolinaRegional

NorthCarolinaRegional #100453622

Pending
$690,000
09/02/2024
NorthCarolinaRegional

NorthCarolinaRegional #100453622

Price change
$690,000
-1.43%

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

$284,506
Asking price
$690,000
Closing costs (~8% of asking)
-$55,200
Est. remaining loan balance
-$350,294
Cash to seller
$284,506

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

Seller’s Loan History

Lender

Atlantic Bay Mortgage Group Llc

Loan start date

October 2021

Original loan amount

$375,000

Est. remaining balance

$350,294

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Donii D Fox and Michael P Fox

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: Off Market

Tomo last checked: 10/05/2024 at 9:35 PM

Listing updated: 10/03/2024 at 1:20 AM

Listed by: Emily J Ervin, Coldwell Banker Sea Coast Advantage-Midtown Phone #: (910) 799-5531

MLS: NorthCarolinaRegional #100453622

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