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$425,000

Beds
3
Baths
2.0
sq ft
1,440

1697 Lake Tree Dr SW, Ocean Isle Beach, NC 28469

1697 Lake Tree Dr SW

Ocean Isle Beach, NC 28469

  • 5 days on market
    • Price drop $5,000↓
    • Open house Jul 06
Better than NEW!! FENCED YARD - 2.5 MILES from BEACH. Welcome to your dream home in the coveted Lake Tree Shores subdivision! Nestled just 2.5 miles from the sun-kissed shores of Ocean Isle Beach, this stunning 3-bedroom, 2-bathroom home perfectly blends coastal charm and modern comfort. Step inside and be greeted by an open floor plan that flows seamlessly, providing ample space for entertaining and family gatherings. The kitchen boasts modern amenities, making meal preparation a delight with sleek appliances, plenty of storage, and a convenient layout. The primary bedroom is a serene escape featuring a walk-in closet and a luxurious tiled shower. The spacious living area leads to a screened porch, perfect for enjoying your morning coffee or evening relaxation while savoring the coastal breeze. Enjoy outdoor living in the fully fenced backyard, ideal for pets, gardening, or simply soaking up the sun. Located just minutes from the beach, golf courses, local dining, and shopping, this home offers the perfect combination of tranquility and convenience. Don't miss the opportunity to own a piece of paradise in Ocean Isle Beach. Schedule your showing today and start living the coastal lifestyle you've always dreamed of!

Details

Property type

Single Family Residence

Est. home value

$382,592

Lot size

0.32 acres

Price per sq ft

$296

Year built

2020

Annual property taxes

$1,342.14

HOA fee

$680.81

Price History

07/01/2024
NorthCarolinaRegional

NorthCarolinaRegional #100446468

Listed
$425,000
+11.84%
02/20/2024
NorthCarolinaRegional

NorthCarolinaRegional #100415962

Sold
$380,000

Schools & Community

Elementary school: 

Union

Middle school: 

Shallotte

High school: 

Unknown

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

$88,085
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$302,915
Cash to seller
$88,085

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

Seller’s Loan History

Lender

American Security Mortgage Corp

Loan start date

February 2024

Original loan amount

$304,000

Est. remaining balance

$302,915

Interest rate

6.61%

Loan type

New Conventional, 30 year

Seller

William Lawrence Toney

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: 07/06/2024 at 4:15 AM

Listing updated: 07/06/2024 at 2:40 AM

Listed by: Burt B Elmore, Northrop Realty Phone #: (910) 250-9677

MLS: NorthCarolinaRegional #100446468

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