tomo logo

$725,000

Beds
3
Baths
2.5
sq ft
1,502

157 NE 16th St, Oak Island, NC 28465

157 NE 16th St

Oak Island, NC 28465

  • 8 days on market
    • Open house Jan 24
FULLY FURNISHED, BETTER THAN NEW CONSTRUCTION! ICW VIEWS! Discover the epitome of laid-back island living in this better-than-new construction, fully furnished 3-bedroom, 2-bath home. Featuring an open-concept design, this turn-key property boasts stunning modern furniture and top-notch finishes throughout. Relax on the front porch while enjoying serene views of the Intracoastal Waterway. The downstairs storage area has been converted to a great hangout space for entertaining and games along with an extra half bath. Not to worry as more storage has been designed to store the golf cart, which can be included with an acceptable offer, all your beach toys and equipment with a custom sliding barn door designed just for this home. Situated just one street away from Veterans Park, enjoy picturesque ICW views and access to a fishing pier. Located in the heart of Oak Island, this property offers proximity to amenities such as pickleball courts, playgrounds, dining, and shopping. Whether you're seeking a laid-back island lifestyle or a property with fantastic rental potential, this home is your perfect match.

Details

Property type

Single Family Residence

Est. home value

$588,418

Lot size

6,578 sq ft

Price per sq ft

$483

Year built

2020

Annual property taxes

$2,297.72

Price History

01/16/2025
NorthCarolinaRegional

NorthCarolinaRegional #100483403

Listed
$725,000
+98.63%
05/22/2020
NorthCarolinaRegional

NorthCarolinaRegional #100212402

Sold
$365,000
+406.94%
03/15/2019
NorthCarolinaRegional

NorthCarolinaRegional #100149877

Sold
$72,000

Schools & Community

Elementary school: 

Southport

Middle school: 

South Brunswick

High school: 

South Brunswick

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

$370,715
Asking price
$725,000
Closing costs (~8% of asking)
-$58,000
Est. remaining loan balance
-$296,285
Cash to seller
$370,715

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

May 2020

Original loan amount

$328,500

Est. remaining balance

$296,285

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Walter C Gobble and Michele Gobble

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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114 NW 16th St, Oak Island, NC 28465

Status: Active

Tomo last checked: 01/24/2025 at 1:40 AM

Listing updated: 01/21/2025 at 4:46 PM

Listed by: Matthew L Woodrow, Northrop Realty Phone #: (910) 250-9677

MLS: NorthCarolinaRegional #100483403

NorthCarolinaRegional logo

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