tomo logo

$599,900

Beds
3
Baths
2.0
sq ft
1,444

148 NE 12th St, Oak Island, NC 28465

148 NE 12th St

Oak Island, NC 28465

  • 7 days on market
Don't buy your beach house yet! This 3 bedroom 2 bath home is a must see! Only 3 streets away from scenic walkway leading to the beach. ADORABLE BEACH HOUSE! Beautifully maintained and fully furnished with high potential for vacation rental income! Enjoy covered porches and salt air breezes straight off the Atlantic Ocean along with lots of wonderful features including luxury vinyl plank throughout, stainless appliances, granite countertops, metal roof, and charming shaker-style siding. Screened porch and fire pit patio make for relaxing star-filled summer nights. A terrific turn-key opportunity on popular Oak Island close to the beach walkover, Veteran's Park, shopping, recreation, golf, and more! Call today for a private viewing.

Details

Property type

Single Family Residence

Est. home value

$507,142

Lot size

6,600 sq ft

Price per sq ft

$416

Year built

2017

Price History

01/29/2025
NorthCarolinaRegional

NorthCarolinaRegional #100485253

Listed
$599,900
+23.69%
05/05/2023
NorthCarolinaRegional

NorthCarolinaRegional #100374975

Sold
$485,000
+94.78%
03/12/2018
NorthCarolinaRegional

NorthCarolinaRegional #100096257

Sold
$249,000
+223.38%

Schools & Community

Elementary school: 

Southport

Middle school: 

South Brunswick

High school: 

South 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

$194,956
Asking price
$599,900
Closing costs (~8% of asking)
-$47,992
Est. remaining loan balance
-$356,952
Cash to seller
$194,956

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

May 2023

Original loan amount

$363,750

Est. remaining balance

$356,952

Interest rate

6.6%

Loan type

New Conventional, 30 year

Seller

Michael Mangini

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?

Status: Active

Tomo last checked: 01/30/2025 at 7:00 PM

Listing updated: 01/29/2025 at 1:07 PM

Listed by: Destination Beach Team, RE/MAX Executive Phone #: (910) 367-3347

MLS: NorthCarolinaRegional #100485253

NorthCarolinaRegional logo

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