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$435,000

Beds
2
Baths
1.5
sq ft
740

277 W First St Unit 1L, Ocean Isle Beach, NC 28469

277 W First St Unit 1L

Ocean Isle Beach, NC 28469

  • 267 days on market
    • Price drop $10,000↓
BEST PRICE on the beach and be sure to ask about the buyer incentive for buyers under contract before 11/30/24! Don't overlook this hard-to-find beachside condo on OIB! Welcome to this nicely updated and sunny 2 BR/1.5BA condo with a solid rental history! Located in the beachside community of A Place at the Beach I on the sought-after west end of Ocean Isle Beach, this oceanside community features a private pool and private beach access. Bright white beadboard cabinets, white tile backsplash, beautiful granite counters and all stainless steel Frigidaire appliances (refrigerator replaced in 2022) create the perfect coastal vibe! This extends to the bright and airy dining and living areas which were updated with new furniture in 2023. On the private balcony, replaced in 2023, enjoy views of the ocean as well as beautiful sunset views. The recently painted bedrooms include a primary bedroom with queen bed with ensuite bath and a secondary bedroom with a queen bed as well a bunk beds. The unit features luxury vinyl floors and the washer/dryer located in hall closet creates yet one more convenience in this condo. Enjoy the the private beach access, proximity to the pier, miniature golf, town park, surf shops, shopping, restaurants, fishing, water activities, museum, summer concerts and much more! Off the island, this location provides easy access to golf, activities in Myrtle Beach and two airports. If you've been looking for a condo on the oceanside, you know these units don't come on the market often! You can be in this one by Spring! Call to schedule a showing! This property is protected by a warranty through 2-10 Home Buyers Warranty and is available for purchase at closing. If not purchased, the warranty will expire at closing and the property will be unprotected.

Details

Property type

Condominium

Est. home value

$435,996

Lot size

Unknown

Price per sq ft

$588

Year built

1977

Annual property taxes

$1,998.83

HOA fee

$5,688

Price History

08/31/2024
NorthCarolinaRegional

NorthCarolinaRegional #100429813

Price change
$435,000
-2.25%
06/27/2024
NorthCarolinaRegional

NorthCarolinaRegional #100429813

Listed
$445,000
06/08/2024
NorthCarolinaRegional

NorthCarolinaRegional #100429813

Removed
$445,000

Schools & Community

Elementary school: 

Virginia Williamson

Middle school: 

Shallotte Middle

High school: 

West Brunswick

Community features: 

Pool

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

$245,774
Asking price
$435,000
Closing costs (~8% of asking)
-$34,800
Est. remaining loan balance
-$154,426
Cash to seller
$245,774

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

Seller’s Loan History

Lender

Alpha Mortgage Corp

Loan start date

January 2020

Original loan amount

$171,000

Est. remaining balance

$154,426

Interest rate

3.66%

Loan type

New Conventional, 30 year

Seller

Pamela Sears Bunn and William Earl Bunn Jr

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: 11/22/2024 at 6:55 PM

Listing updated: 11/17/2024 at 2:43 AM

Listed by: Kathy C Trimble, Coldwell Banker Sea Coast Advantage Phone #: (910) 754-6782

MLS: NorthCarolinaRegional #100429813

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