tomo logo

$383,000

Beds
2
Baths
1.0
sq ft
684

298 Ocean Blvd W Unit 205, Supply, NC 28462

298 Ocean Blvd W Unit 205

Holden Beach, NC 28462

  • 75 days on market
    • Price drop $12,000↓
Welcome to this stylish and centrally located 2 bedroom, 1 bath condo, just steps away from the pristine sands of Holden Beach. This turn-key unit is offered fully furnished (with some exceptions) and boasts a proven rental history. Achieving a five-star rating and considered a favorite on Airbnb, this property is an amazing opportunity for an investment property or a vacation home. This second-floor condo exudes a vintage Hawaiian beach shack vibe. As you enter, you'll find a convenient rack for storing beach chairs, boogie boards, surfboards, wet towels, and sandy shoes. There's also a charming bistro table and chairs where many guests have collected and left behind some cool shells. On this side, you'll enjoy the afternoon sun and a peekaboo view of the beach. Inside, the open-concept floor plan is perfect for entertaining. The kitchen, small but mighty, is fully equipped with everything you might need. It overlooks the dining room and living room, which are bathed in natural light thanks to the sliding glass doors leading out to the new balcony. The balcony, a favorite spot among guests, receives the morning sun, making it an ideal place to start your day. The main bedroom features a queen bed, two closets, and a desk for work. The guest bedroom is equipped with two twin beds and two closets. A full bathroom with a shower-tub combo completes the living space. Recent major improvements include a new balcony, roof, dishwasher, and HVAC system, ensuring peace of mind for years to come. The community is located on the second row, with two beach accesses just across the street. Depending on your stride, the beach access is about 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. Additionally, the free washer and dryer station next to the pool offers great convenience for all your laundry needs. Don't miss this amazing opportunity to own a piece of paradise.

Details

Property type

Condominium

Est. home value

$286,058

Lot size

Unknown

Price per sq ft

$560

Year built

1974

HOA fee

$8,040

Price History

12/05/2024
NorthCarolinaRegional

NorthCarolinaRegional #100469945

Price change
$383,000
-3.04%
10/19/2024
NorthCarolinaRegional

NorthCarolinaRegional #100469945

Pending
$395,000
10/08/2024
NorthCarolinaRegional

NorthCarolinaRegional #100469945

Listed
$395,000

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

$165,207
Asking price
$383,000
Closing costs (~8% of asking)
-$30,640
Est. remaining loan balance
-$187,153
Cash to seller
$165,207

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

May 2021

Original loan amount

$202,500

Est. remaining balance

$187,153

Interest rate

3.17%

Loan type

New Conventional, 30 year

Seller

John Riley and Sarah 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?

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Status: Active

Tomo last checked: 12/22/2024 at 10:10 AM

Listing updated: 12/21/2024 at 5:02 PM

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

MLS: NorthCarolinaRegional #100469945

NorthCarolinaRegional logo

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