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$1,190,263Estimated home value

Beds
4
Baths
2.0
sq ft
1,658

1407 Ocean Drive, Emerald Isle, NC 28594

1407 Ocean Drive

Emerald Isle, NC 28594

  • Sold On 10/17/2024
UNOBSTRUCTED OCEAN VIEWS FOR DAYS! Welcome to this beautiful, fully furnished 4 bedroom & 2 bath oceanfront retreat. The full concrete drive invites you to park underneath the living residence. Step up to the Westside entrance into a wonderfully open floorplan. This structure was torn down to the studs and refurbished into a stellar island getaway. With LVP flooring, hard surface counters, and lovely furnishing throughout... You only need to pack a bag and settle in. Whether indoors delighting in a delicious home-cooked meal, or out on the large sea side deck, or dipping your toes into the surf... Enjoy countless hours at the award-winning Emerald Isle beachfront. When the sun goes down, take advantage of any number of nearby attractions and area restaurants. Schedule your showing today so you too can own a piece of paradise.

Details

Property type

Single Family Residence

Est. home value

$1,190,263

Lot size

0.26 acres

Price per sq ft

$966

Year built

1974

Annual property taxes

$3,830.08

Price History

10/16/2024
NorthCarolinaRegional

NorthCarolinaRegional #100464981

Sold
$1,650,000
+3.13%
09/16/2024
NorthCarolinaRegional

NorthCarolinaRegional #100464981

Pending
$1,599,999
09/06/2024
NorthCarolinaRegional

NorthCarolinaRegional #100464981

Listed
$1,599,999
+100%

Schools & Community

Elementary school: 

White Oak Elementary

Middle school: 

Broad Creek

High school: 

Croatan

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

$1,126,152
Asking price
$1,599,999
Closing costs (~8% of asking)
-$128,000
Est. remaining loan balance
-$345,847
Cash to seller
$1,126,152

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

September 2020

Original loan amount

$380,000

Est. remaining balance

$345,847

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Robert B Aldridge Ii and Maria S Aldridge

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: 11/03/2024 at 9:05 AM

Listing updated: 10/17/2024 at 5:36 PM

Listed by: Tyler Marcell, Advantage Coastal Properties Phone #: (252) 354-9000

MLS: NorthCarolinaRegional #100464981

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