tomo logo

$425,000

Beds
3
Baths
2.0
sq ft
1,631

193 Morada Bay Drive, Newport, NC 28570

193 Morada Bay Drive

Newport, NC 28570

  • 5 days on market
This charming three-bedroom, two-bathroom home sits on a spacious lot within an award-winning school district, with no HOA. A welcoming wrap-around porch and a partially fenced yard create an inviting outdoor space perfect for relaxation. Inside, LVP flows throughout the main living areas, enhancing the combination living and dining room. The living area features vaulted ceilings and a wood burning fireplace and gives easy access to the backyard deck. The bright and airy kitchen features white cabinetry, Quartz countertops, gorgeous ceramic backsplash and stainless steel appliances, complemented by a charming coffee station with a shiplap accent wall. The principal suite boasts a spacious walk-in closet and an ensuite bathroom with a beautifully tiled shower and a double vanity. Also located on the first floor is an additional bedroom, laundry and a guest bathroom. Upstairs, there is a third bedroom and spacious walk-in attic. This outdoor retreat offers ample space for grilling with family and friends, unwinding in the hot tub, or tending to the fenced-in garden area. Plus a detached garage and RV area with 50amp hookup. This home seamlessly blends style, functionality, and outdoor living, making it the perfect place to call home.

Details

Property type

Single Family Residence

Est. home value

$394,458

Lot size

0.71 acres

Price per sq ft

$261

Year built

2022

Annual property taxes

$867.73

HOA

No

Price History

03/06/2025
NorthCarolinaRegional

NorthCarolinaRegional #100492681

Listed
$425,000
-4.28%
01/01/2025
NorthCarolinaRegional

NorthCarolinaRegional #100446548

Removed
$444,000
09/08/2024
NorthCarolinaRegional

NorthCarolinaRegional #100446548

Price change
$444,000
-1.11%

Schools & Community

Elementary school: 

White Oak Elementary

Middle school: 

Broad Creek

High school: 

Croatan

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

$93,593
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$297,407
Cash to seller
$93,593

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

May 2023

Original loan amount

$303,750

Est. remaining balance

$297,407

Interest rate

6.28%

Loan type

New Conventional, 30 year

Seller

Matthew Kemp Raley and Inga Zemesa Raley

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?

Status: Active

Tomo last checked: 03/12/2025 at 11:45 AM

Listing updated: 03/06/2025 at 12:37 PM

Listed by: Mary Cheatham King Real Estate team, Keller Williams Crystal Coast Phone #: (252) 518-5222

MLS: NorthCarolinaRegional #100492681

NorthCarolinaRegional logo

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