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$395,000

Beds
2
Baths
1.0
sq ft
1,196

3206 Highway 24, Newport, NC 28570

3206 Highway 24

Newport, NC 28570

  • 128 days on market
Investors this property would make a great location for possibly 3 cottages or a primary home and guest house. Could be good income through Airbnb. Fishing and kayaking off the dock or just sitting with family and friends enjoying the view could be yours. Small boats should have no problem going under bridge. Public boat launch is directly across hwy 24.

Details

Property type

Single Family Residence

Est. home value

$611,003

Lot size

1.96 acres

Price per sq ft

$331

Year built

1940

Annual property taxes

$1,916.26

Price History

08/15/2024
NorthCarolinaRegional

NorthCarolinaRegional #100456862

Listed
$395,000
07/25/2024
NorthCarolinaRegional

NorthCarolinaRegional #100456862

Pending
$395,000
07/20/2024
NorthCarolinaRegional

NorthCarolinaRegional #100456862

Listed
$395,000

Schools & Community

Elementary school: 

Newport

Middle school: 

Newport Middle

High school: 

Unknown

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

$202,822
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$160,578
Cash to seller
$202,822

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

March 2009

Original loan amount

$240,000

Est. remaining balance

$160,578

Interest rate

5.25%

Loan type

Not Provided, 30 year

Seller

James L Mcdermott and Jean S Mcdermott

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: 11/25/2024 at 12:35 AM

Listing updated: 08/15/2024 at 8:49 AM

Listed by: Bebbie Quinones, Bluewater Real Estate - EI Phone #: (252) 354-5921

MLS: NorthCarolinaRegional #100456862

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