tomo logo

$575,000

Beds
3
Baths
2.0
sq ft
1,285

226 NE 76th St, Oak Island, NC 28465

226 NE 76th St

Oak Island, NC 28465

  • 8 days on market
Dreaming of owning a cute beach house? Don't oversleep on this one!!! Current owners have put a lot of love into creating a furnished Move in Ready - island get away: You choose: weekend retreats, rental income, or year round living! This cottage is crisp, bright and airy. The front porch is made for rocking chairs and enjoying coastal breezes but is also appointed with ceiling fans to keep you extra cool after days of fun in the sun. Enter through your craftsman front door & inside you will be greeted by vaulted ceiling & a good size living room that opens into kitchen & dining area. The kitchen boasts quartz counters, upgraded cabinet package including lazy Susan, pantry, garbage storage drawer & soft close drawers. You will love the full laundry room with a freestanding sink, cabinets and entrance/exit near the outdoor shower. The Ensuite is spacious with walk in closet and bath with double vanities & a tiled shower. The backyard is fenced, complete with fire ring for you to place a fire pit if desired, a charming outdoor shower and plenty of room for your guests and the fur babies to unwind after walks to the beach! A special find awaits in the back with a permitted detached room with full bath and it's own tankless water heater & hvac. Getting to the beach is as easy as crossing over OID and head due south! Located in much sought-after Oak Island & is move in ready. This home is located out of Fema spf flood zone so lenders should not require flood insurances. Are you ready for BEACH life? The town of Oak Island offers numerous amenities such as golf, pickleball, tennis, basketball, picnic area, boat launches & public docks & water accesses yet NO hoa fees! Turn your dreams into reality! Professional photos are coming, but if you wait for those you may just miss this one!

Details

Property type

Single Family Residence

Est. home value

$525,742

Lot size

5,298 sq ft

Price per sq ft

$448

Year built

2019

HOA

No

Price History

03/15/2025
NorthCarolinaRegional

NorthCarolinaRegional #100492937

Listed
$575,000
+30.68%
11/21/2022
NorthCarolinaRegional

NorthCarolinaRegional #100354636

Sold
$440,000
+62.96%
08/25/2020
NorthCarolinaRegional

NorthCarolinaRegional #100202921

Sold
$270,000

Schools & Community

Elementary school: 

Southport

Middle school: 

South Brunswick

High school: 

South 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

$207,398
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$321,602
Cash to seller
$207,398

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

November 2022

Original loan amount

$330,000

Est. remaining balance

$321,602

Interest rate

6.66%

Loan type

New Conventional, 30 year

Seller

Michael L Tatum and Terri J Tatum

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: 03/15/2025 at 6:25 PM

Listing updated: 03/15/2025 at 3:52 PM

Listed by: Kim S Anderson, Art Skipper Realty Inc. Phone #: (910) 278-6730

MLS: NorthCarolinaRegional #100492937

NorthCarolinaRegional logo

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