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$444,900

Beds
2
Baths
2.0
sq ft
840

302 Canal Drive Unit Unit 37, Carolina Beach, NC 28428

302 Canal Drive Unit Unit 37

Carolina Beach, NC 28428

  • 374 days on market
    • Price drop $21,000↓
Oceanview condo, highly sought after in the heart of Carolina Beach. Breathtaking, un-obstructive views of the Atlantic Ocean with a front seat to sunrises from your own private balcony. If that does not catch your attention, this property has water views in front and in back, where you will experience spectacular sunsets overlooking the harbor. With the harbor literally steps across the street you can also watch the boats as they cruise up the harbor, charter a fishing boat or check out the catch of the day. This 2 bedroom/2 bath condo comes fully furnished and turn-key ready for your personal enjoyment or as a vacation rental. Great rental income, details provided upon request. Kitchen provides all stainless-steel appliances. Smart TVs are found in the living room and master bedroom and a stacked washer and dryer in dedicated laundry space. The complex is being renovating with Fiber Cement siding and new paint, and a new impact glass window in the master bedroom. Unit has a new HVAC system installed in the Spring of 2023. The public beach access located directly across the street, also begins the Carolina Beach Boardwalk witch provides a quick and scenic walk to restaurants, shops, arcades, and amusement rides. There you will find the famous Britt's Donut Shop, known for its donuts since 1939. The Condo is the perfect location for a quick walk or bicycle ride to experience all things Carolina Beach! Property includes separate locked communal storage unit for renters and owners, a dedicated 2 car covered parking space, and a communal pool.

Details

Property type

Condominium

Est. home value

$519,761

Lot size

Unknown

Price per sq ft

$530

Year built

1983

Annual property taxes

$1,580.04

HOA fee

$5,808

Price History

09/13/2024
NorthCarolinaRegional

NorthCarolinaRegional #100404367

Price change
$444,900
-4.51%
09/04/2024
NorthCarolinaRegional

NorthCarolinaRegional #100404367

Listed
$465,900
06/08/2024
NorthCarolinaRegional

NorthCarolinaRegional #100404367

Removed
$465,900

Schools & Community

Elementary school: 

Carolina Beach

Middle school: 

Murray

High school: 

Ashley

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

$293,330
Asking price
$444,900
Closing costs (~8% of asking)
-$35,592
Est. remaining loan balance
-$115,978
Cash to seller
$293,330

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

Seller’s Loan History

Lender

Townebank Mortgage

Loan start date

November 2015

Original loan amount

$142,200

Est. remaining balance

$115,978

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Roy Franklin Horne Jr and Virginia Joyce Horne

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 10:00 PM

Listing updated: 09/13/2024 at 10:27 AM

Listed by: The Rising Tide Team, Intracoastal Realty Corp Phone #: (910) 256-4503

MLS: NorthCarolinaRegional #100404367

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