tomo logo

$825,000

Beds
2
Baths
2.0
sq ft
1,409

2504 E Beach Dr, Oak Island, NC 28465

2504 E Beach Dr

Oak Island, NC 28465

  • 67 days on market
PRICE REDUCED BY $50K!! Here's your chance to own a slice of paradise just steps from the beach! This charming 2-bedroom, 2-bathroom home sits on the second row across from the beach and offers the perfect mix of laid back charm, comfort, and fun. Currently a successful rental, that comfortably sleeps 8, is sold fully furnished with few exceptions. This is one of the few properties on East Beach Drive that you will find under $1 million that includes a pool —perfect for unwinding after a day at the beach, and a great selling point for potential renters. The upper level features the main living area with a nice open layout, a cozy kitchen, two bedrooms, and a bathroom. Downstairs you'll find two more rooms, set up as sleeping quarters, as well as a bathroom. When not at the beach, you will love to entertain and lounge by the pool and tiki bar, while the outdoor shower provides easy clean up. You can easily extend your casual gatherings inside and hang out at the bar that comes with a keg station. A mini fridge, full sink, and ice maker provided convenience to your downstairs hangouts. Whether you're looking for a vacation home, an investment property, or are thinking about finally making the move to the beach, this home fits the bill. The recent updates, like durable vinyl plank floors; a fortified roof; the heated pool; TESLA charging station; and additional 472 sqf in the rec' room and interior storage not included in the overall square footage, make this home a very attractive find. The complimentary home warranty offers extra peace of mind. You can store all your extra beach toys and gear in the outdoor storage shed included with the sale of the home. Enjoy all that Oak Island has to offer—from gorgeous beaches to great restaurants and shopping—while being just 10 miles from charming Southport, 15 miles from downtown Wilmington, and 45 miles from North Myrtle Beach. Don't miss out on this opportunity.

Details

Property type

Single Family Residence

Est. home value

$789,568

Lot size

7,799 sq ft

Price per sq ft

$586

Year built

1968

Annual property taxes

$3,137

Price History

10/18/2024
NorthCarolinaRegional

NorthCarolinaRegional #100471448

Listed
$825,000
-5.71%
10/05/2024
NorthCarolinaRegional

NorthCarolinaRegional #100423809

Removed
$875,000
07/20/2024
NorthCarolinaRegional

NorthCarolinaRegional #100423809

Price change
$875,000
-2.78%

Schools & Community

Elementary school: 

Southport

Middle school: 

South Brunswick

High school: 

South Brunswick

High school district: 

Brunswick County Schools

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Truist Bank

Loan start date

September 2022

Original loan amount

$198,000

Est. remaining balance

Not provided

Interest rate

4.25%

Loan type

Credit Line (Revolving)

Seller

Mary Martin

Lender

Equity Resources Inc

Loan start date

May 2021

Original loan amount

$445,500

Est. remaining balance

$411,789

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Mary Martin

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: 12/24/2024 at 7:40 AM

Listing updated: 11/24/2024 at 6:12 PM

Listed by: Anna Edwards, Berkshire Hathaway HomeServices Carolina Premier Properties Phone #: (910) 458-3739

MLS: NorthCarolinaRegional #100471448

NorthCarolinaRegional logo

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