tomo logo

$915,000

Beds
3
Baths
2.5
sq ft
1,392

2 Monroe St, Ocean Isle Beach, NC 28469

2 Monroe St

Ocean Isle Beach, NC 28469

  • 18 days on market
This lovely beach cottage is just what you've been waiting for. It is only a 5 minute walk to the beach and you have a personal dock to tie your boat. While close to the community center, park, restaurants, shopping, and the fishing pier inside you'll find an open floor plan with plenty of space for guests and entertaining, especially on the downstairs deck. There is also a 216 sq ft finished room downstairs equipped with a window AC unit that has many possible uses. This property has a great rental history and currently has 6 weeks set already for this summer. Whether for personal use or as a high demand rental, this property is a must see. Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$906,071

Lot size

6,970 sq ft

Price per sq ft

$658

Year built

1967

HOA

No

Price History

03/23/2025
NorthCarolinaRegional

NorthCarolinaRegional #100496110

Listed
$915,000
-10.73%
03/23/2024
NorthCarolinaRegional

NorthCarolinaRegional #100412032

Removed
$1,025,000
10/28/2023
NorthCarolinaRegional

NorthCarolinaRegional #100412032

Listed
$1,025,000
+150%

Schools & Community

Elementary school: 

Union

Middle school: 

Shallotte Middle

High school: 

West Brunswick

High school district: 

Brunswick County Schools

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

$502,636
Asking price
$915,000
Closing costs (~8% of asking)
-$73,200
Est. remaining loan balance
-$339,164
Cash to seller
$502,636

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

Seller’s Loan History

Lender

Cornerstone Home Lending Inc

Loan start date

October 2020

Original loan amount

$376,500

Est. remaining balance

$339,164

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Timothy Ray Johnson and Deborah Bentley Johnson

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: 04/10/2025 at 7:05 AM

Listing updated: 03/28/2025 at 2:36 PM

Listed by: Cheryl Allen Baker, Cheryl Baker Realty Phone #: (252) 241-5494

MLS: NorthCarolinaRegional #100496110

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