tomo logo

$390,000

Beds
3
Baths
2.5
sq ft
2,080

305 Oyster Cut, Newport, NC 28570

305 Oyster Cut

Newport, NC 28570

  • 81 days on market
    • Price drop $9,900↓
$5,000 CLOSING COST assistance!! You don't want to miss this beautiful, well maintained home in the Cedar Key subdivision! The neighborhood offers a community pool/pool house, as well as a community dock. This 3 bedroom with bonus room is nestled in a cul de sac and is convenient to all neighborhood amenities. The exterior features a 2 car garage, covered front porch and partially wooded back yard for privacy. Step inside the foyer and you'll find a formal dining room that connects to a spacious kitchen. The kitchen offers ample counter space with granite countertops, stainless appliances a breakfast nook area and a pantry. The kitchen is open to the living area and there is also a guest half bath located downstairs. LVP flooring flows throughout the first floor. Upstairs you'll find a laundry room with storage, full bathroom, a bonus room and 3 ample sized bedrooms. The master bedroom gives you plenty of space to spread out and includes a walk in closet. The master bedroom also features a ensuite master bath with separate tub and shower, as well as dual vanity sinks. This home is just minutes from schools, beaches and waterways. Reach out to make it your next home!

Details

Property type

Single Family Residence

Est. home value

$391,625

Lot size

0.45 acres

Price per sq ft

$188

Year built

2022

Annual property taxes

$1,014.92

HOA fee

$315

Price History

12/16/2024
NorthCarolinaRegional

NorthCarolinaRegional #100468948

Price change
$390,000
-2.48%
11/18/2024
NorthCarolinaRegional

NorthCarolinaRegional #100468948

Price change
$399,900
-1.5%
10/31/2024
NorthCarolinaRegional

NorthCarolinaRegional #100468948

Price change
$406,000
-3.33%

Schools & Community

Elementary school: 

White Oak Elementary

Middle school: 

Broad Creek

High school: 

Croatan

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

$39,625
Asking price
$390,000
Closing costs (~8% of asking)
-$31,200
Est. remaining loan balance
-$319,175
Cash to seller
$39,625

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

August 2022

Original loan amount

$329,900

Est. remaining balance

$319,175

Interest rate

5.3%

Loan type

VA, 30 year

Seller

Joshua Lee Malchow and Claudia M Malchow

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?

Similar Homes Nearby

Pending
NorthCarolinaRegional
$365,000
3 bd
|
2.5 ba
|
1,883 sq ft
|
House

272 River Reach Drive, Swansboro, NC 28584

Price drop
NorthCarolinaRegional
$423,000
3 bd
|
2.5 ba
|
2,261 sq ft
|
House

145 Alston Avenue, Newport, NC 28570

NorthCarolinaRegional
$424,900
3 bd
|
2.5 ba
|
2,181 sq ft
|
House

87 Pickett Way, Swansboro, NC 28584

Status: Active

Tomo last checked: 12/22/2024 at 10:25 AM

Listing updated: 12/21/2024 at 1:37 PM

Listed by: Jaime H Dorn, Harrison Dorn Realty Phone #: (910) 347-3676

MLS: NorthCarolinaRegional #100468948

NorthCarolinaRegional logo

Recently listed in Newport

$549,995|3 bd|2.0 ba|House
$525,000|3 bd|3.0 ba|House
$218,900|2 bd|2.0 ba|Manufactured
$369,900|3 bd|2.0 ba|House
$1,275,000|3 bd|4.5 ba|House