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$737,162Estimated home value

Beds
4
Baths
2.0
sq ft
1,246

31 Richmond St, Ocean Isle Beach, NC 28469

31 Richmond St

Ocean Isle Beach, NC 28469

  • Sold On 10/31/2022
    • Price drop $25,000↓
Canal front home with boat dock in Ocean Isle Beach! This lovely beach style cottage has 2 decks, one canal side that is partially covered and one street side. You'll always be able to relax in the sun or shade. Inside, the main living area is open so you have a view of the canal from everywhere. Beautiful flooring, white cabinets and wainscotting, and a neutral palette give this home a bright, airy feeling. The kitchen features bar seating providing plenty of extra dining space for all your guests. There are a pair of bedrooms on either side of the living area. All four bedrooms have light wood paneled walls enhancing the beach cottage feel. Each bedroom has a set of barn doors that open to a jack and jill bath. One of the full baths has a tub shower and the other has a walk in, resort style shower. Underneath the home is a concrete pad for covered parking or shaded outdoor activities. You'll also find storage with washer and dryer hookups, and a private outdoor shower. Enjoy days filled with water activities from your private dock. Fishing, paddling out to the ICW or boating out to the ocean are just a few options. The backyard is fully fenced with a gate to block access to the dock. Do not miss this opportunity to call Ocean Isle Beach home!

Details

Property type

Single Family Residence

Est. home value

$737,162

Lot size

5,924 sq ft

Price per sq ft

$602

Year built

1977

Annual property taxes

$2,256.93

Price History

03/18/2025
NorthCarolinaRegional

NorthCarolinaRegional #100480042

Removed
$850,000
03/07/2025
NorthCarolinaRegional

NorthCarolinaRegional #100480042

Price change
$850,000
-2.86%
12/14/2024
NorthCarolinaRegional

NorthCarolinaRegional #100480042

Listed
$875,000
+1.86%

Schools & Community

Elementary school: 

Union

Middle school: 

Shallotte Middle

High school: 

West Brunswick

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

$178,685
Asking price
$750,000
Closing costs (~8% of asking)
-$60,000
Est. remaining loan balance
-$511,315
Cash to seller
$178,685

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

October 2022

Original loan amount

$528,000

Est. remaining balance

$511,315

Interest rate

5.89%

Loan type

New Conventional, 30 year

Seller

David Lee Graham Jr and Wendy Jo Graham

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: Off Market

Tomo last checked: 04/07/2025 at 12:15 AM

Listing updated: 12/06/2024 at 10:18 PM

Listed by: Aimee Sposeep, EXP Realty Phone #: (888) 584-9431

MLS: NorthCarolinaRegional #100334993

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