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$1,750,000

Beds
4
Baths
3.0
sq ft
1,400

1711 Ocean Drive, Emerald Isle, NC 28594

1711 Ocean Drive

Emerald Isle, NC 28594

  • 262 days on market
Ocean front single family home with huge rental income. Home sits on beautiful, high dune, ocean front lot. Best oceanfront covered porch on EI. Featuring 4 bedrooms, 2 baths with nice open plan with panoramic oceanfront views. Loft upstairs with two beds. The 3rd full bathroom is under the house by the utility room with separate entrance. Gross bookings in 2021 are over $123,000 on VRBO.com. Newer roof, new Hardee Plank siding, new decks, walk way and stairs. New oceanfront sliding doors. Great nostalgic home, the way a beach house should be. Cypress walls and LVP throughout. Plenty of parking. Turn key and furnished. Low flood insurance ! VRBO listing advertised to sleep 12 people (Listing #62512). Square footage does include loft. Terminex termite bond. Owner is a NC Realtor. Sunday turn day.

Details

Property type

Single Family Residence

Est. home value

$1,250,559

Lot size

0.26 acres

Price per sq ft

$1,250

Year built

1978

Price History

08/01/2024
NorthCarolinaRegional

NorthCarolinaRegional #100337391

Listed
$1,750,000
08/01/2024
NorthCarolinaRegional

NorthCarolinaRegional #100337391

Removed
$1,750,000
07/15/2024
NorthCarolinaRegional

NorthCarolinaRegional #100337391

Listed
$1,750,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Broad Creek

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

$1,175,989
Asking price
$1,750,000
Closing costs (~8% of asking)
-$140,000
Est. remaining loan balance
-$434,011
Cash to seller
$1,175,989

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

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

August 2021

Original loan amount

$465,000

Est. remaining balance

$434,011

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Carla Freshwater Buckiiold and Keith C Buckhold

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: 09/19/2024 at 6:10 PM

Listing updated: 08/01/2024 at 2:40 PM

Listed by: Carla F Buckhold, Bogue Banks Realty, Inc Phone #: (808) 372-5098

MLS: NorthCarolinaRegional #100337391

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