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$589,000

Beds
2
Baths
1.5
sq ft
1,222

1774 New River Inlet Road Unit 5, Sneads Ferry, NC 28460

1774 New River Inlet Road Unit 5

North Topsail Beach, NC 28460

  • 30 days on market
Income Producing Oceanfront 2-Story home in North Topsail Beach. Discover the ultimate beachside retreat with this fully updated, income-producing oceanfront duplex. Situated steps from the sand, this 2-bedroom, 2-bath coastal oasis is designed for relaxation and style. On the first floor, you'll find two spacious and bright bedrooms and a full bath. The ocean front BD features a sliding glass door that lead directly to the beach, allowing you to wake up to the soothing sounds of the ocean. The hallway is adorned with charming board and batten paneling, lending a touch of classic beach house elegance. The second-floor living space offers panoramic ocean views and a bright, open layout, perfect for entertaining or unwinding after a day in the sun. The modern kitchen is a chef's delight, featuring sleek granite countertops, stainless steel appliances, and plenty of room for preparing meals with a view. Tastefully decorated with a coastal flair, the home is move-in or rental-ready, and is being sold fully furnished offering a turnkey investment opportunity. Outside, newly built ocean-facing decks provide the ideal spot to enjoy sunrise coffee or sunset cocktails with unobstructed ocean views. The property also includes a brand-new outdoor shower—ideal for rinsing off after beach days—and plenty of storage on the ground level for beach gear and recreational equipment. Fully furnished with coastal décor and all the essentials, this duplex is the perfect blend of comfort, style, and seaside living. This North Topsail Beach duplex is ready to be your vacation escape or a high-return rental property—don't miss your chance to own a piece of paradise! *Seller has already brought in over $47K since May 2024. 2025 holds so much potential for more income

Details

Property type

Townhouse

Est. home value

$525,987

Lot size

784 sq ft

Price per sq ft

$482

Year built

1983

Annual property taxes

$3,804.13

HOA fee

$9,000

Price History

10/24/2024
NorthCarolinaRegional

NorthCarolinaRegional #100472635

Listed
$589,000
+7.09%
05/03/2024
TriangleMLS

TriangleMLS #10016364

Sold
$550,000
04/02/2024
TriangleMLS

TriangleMLS #10016364

Pending
$550,000

Schools & Community

Elementary school: 

Coastal Elementary

Middle school: 

Dixon

High school: 

Dixon

High school district: 

Onslow

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

$254,322
Asking price
$589,000
Closing costs (~8% of asking)
-$47,120
Est. remaining loan balance
-$287,558
Cash to seller
$254,322

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

February 2021

Original loan amount

$314,550

Est. remaining balance

$287,558

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Christopher Jarrett Joines and Anais Joines

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: 11/23/2024 at 10:25 AM

Listing updated: 11/04/2024 at 11:02 AM

Listed by: Sandra Chisholm, SJC Real Estate LLC Phone #: (603) 703-3470

MLS: NorthCarolinaRegional #100472635

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