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$1,300,000

Beds
8
Baths
5.5
sq ft
3,492

2717 South Shore Drive, Surf City, NC 28445

2717 South Shore Drive

Surf City, NC 28445

  • 102 days on market
    • Price drop $195,000↓
How often can you buy a house over 100,000.00 under current appraised value. Well here it is. This beach house has a projected rental income of 190,000,00 plus. WOW, do not miss this one. The ocean front part of this property also coveys with the sale. The oceanfront lot comes with it's own private crossover and huge gazebo offering a great shady area for meals, or a shady spot to escape thesun while relaxing on the ocean. The expansive, resort-styled 8 bedroom, 5.5 bathroomhouse offers 3,492 sq ft of comfortable livingwith panaramic views of the ocean to the souind that will take your breath away. The 2 bay garage adds a sun deck with hot tub, and provides a large area for entertaining. The sun deck will be used all day and night as it offers amazing views. The 8 bedroom house is nestled among a cluster of beautiful palms trees to give that tropical feel on the island, as your island retreat.

Details

Property type

Single Family Residence

Est. home value

$1,926,805

Lot size

6,534 sq ft

Price per sq ft

$373

Year built

1986

Annual property taxes

$7,092.31

Price History

07/04/2024
NorthCarolinaRegional

NorthCarolinaRegional #100449314

Price change
$1,300,000
-13.04%
06/08/2024
NorthCarolinaRegional

NorthCarolinaRegional #100449314

Listed
$1,495,000
+6.86%
04/17/2024
NorthCarolinaRegional

NorthCarolinaRegional #100390563

Removed
$1,399,000

Schools & Community

Elementary school: 

Topsail

Middle school: 

Topsail

High school: 

Unknown

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

$635,988
Asking price
$1,300,000
Closing costs (~8% of asking)
-$104,000
Est. remaining loan balance
-$560,012
Cash to seller
$635,988

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

Seller’s Loan History

Lender

Intercoastal Mortgage Co

Loan start date

July 2017

Original loan amount

$654,400

Est. remaining balance

$560,012

Interest rate

3.95%

Loan type

New Conventional, 30 year

Seller

Steven Dobb and Sara Dobb

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: 09/18/2024 at 12:35 AM

Listing updated: 08/17/2024 at 12:29 PM

Listed by: Jim Cornelison, Carolina Real Estate Phone #: (910) 650-8618

MLS: NorthCarolinaRegional #100449314

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Recently listed in Surf City