tomo logo

$425,000

Beds
4
Baths
2.0
sq ft
1,056

298 Ocean Blvd W Unit 103, Supply, NC 28462

298 Ocean Blvd W Unit 103

Holden Beach, NC 28462

  • 2 days on market
Welcome to your dream beach retreat! This ground floor condo in the Ocean Villas complex boasts 4 bedrooms and 2 baths and is located just steps away from the pristine sands of Holden Beach. This fully furnished unit (with some exceptions) has a 5-star rating and is a customer favorite on Airbnb. Along with proven rental history, this turn-key unit is an ideal investment property or second home. The seller's inspiration for this space came from the colorful and classy beaches of the French Riviera. Comfortably accommodating guests, the condo features three bedrooms with queen beds and one bedroom with two twin beds. Each bedroom includes two closets, a built-in desk, plug-in wall sconces, and wall-mounted fans for extra airflow. The modern kitchen is equipped with stainless steel appliances, granite countertops, and ample cabinet and counter space, overlooking the dining and living rooms to create an open and inviting atmosphere. The stylish living room is well-lit with natural light from sliding glass doors that open to the front patio, perfect for relaxing after a day at the beach. One of the guests favorite spaces, the front patio, features solar-powered café lights and planter boxes, creating a pleasant and relaxing atmosphere. Updates to the unit include all new paint, furniture, lighting, refreshed tile floors, tubs in the bathrooms, and updated kitchen cabinets with fresh paint inside and out. The community, located on the second row, has two beach accesses just across the street, approximately 200 steps from the front door. The community pool, shared among eight units, is a great place to relax if you don't feel like going to the beach, and the free washer and dryer station next to the pool offers great convenience for all your laundry needs. Whether you're looking for an investment property or a vacation home, this condo has everything you need to make your beachside dreams come true.

Details

Property type

Condominium

Est. home value

$353,239

Lot size

Unknown

Price per sq ft

$403

Year built

1974

HOA fee

$7,971.6

Price History

10/08/2024
NorthCarolinaRegional

NorthCarolinaRegional #100469944

Listed
$425,000
+16.44%
02/02/2024
NorthCarolinaRegional

NorthCarolinaRegional #100418670

Sold
$365,000
+40.66%
04/09/2021
NorthCarolinaRegional

NorthCarolinaRegional #100249777

Sold
$259,500
+15.33%

Schools & Community

Elementary school: 

Virginia Williamson

Middle school: 

Cedar Grove

High school: 

West Brunswick

Community features: 

Pool

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

$100,872
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$290,128
Cash to seller
$100,872

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

January 2024

Original loan amount

$292,000

Est. remaining balance

$290,128

Interest rate

7.22%

Loan type

New Conventional, 30 year

Seller

Sarah Catherine Riley and John Cornell Riley

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: 10/09/2024 at 8:25 PM

Listing updated: 10/09/2024 at 10:17 AM

Listed by: Dan Barentine, Nest Realty Phone #: (910) 550-2788

MLS: NorthCarolinaRegional #100469944

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