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$1,100,000

Beds
4
Baths
2.0
sq ft
1,761

1504 Canal Drive, Carolina Beach, NC 28428

1504 Canal Drive

Carolina Beach, NC 28428

  • 55 days on market
Don't miss this turn key short term rental home located in beautiful Carolina Beach. Just steps away from the ocean and close to the popular North End Pier and Freeman Park. Enjoy the sounds and smells of the ocean with peekaboo views from the back porch. The property has been fully renovated and comes with all the furniture included. This property is unique because even though it is a single family home the property can be operated like a duplex. Rent out both units or live in one and rent out the other! Strong rental history, beautiful design, and amazing location. Schedule a showing and reach out today.

Details

Property type

Single Family Residence

Est. home value

$658,223

Lot size

6,273 sq ft

Price per sq ft

$625

Year built

1956

Annual property taxes

$3,095.52

Price History

10/31/2024
NorthCarolinaRegional

NorthCarolinaRegional #100473569

Listed
$1,100,000
06/10/2024
NorthCarolinaRegional

NorthCarolinaRegional #30523268

Removed
04/12/2021
NorthCarolinaRegional

NorthCarolinaRegional #100258193

Sold
$435,000
+74%

Schools & Community

Elementary school: 

Carolina Beach

Middle school: 

Murray

High school: 

Ashley

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

$444,697
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$567,303
Cash to seller
$444,697

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

Seller’s Loan History

Lender

Angel Oak Home Loans Llc

Loan start date

April 2022

Original loan amount

$596,000

Est. remaining balance

$567,303

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Michael T Riesner

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: 12/24/2024 at 11:30 PM

Listing updated: 11/20/2024 at 9:57 AM

Listed by: Joe M Prillaman, Host Help LLC Phone #: (910) 524-0104

MLS: NorthCarolinaRegional #100473569

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