tomo logo

$1,499,000

Beds
5
Baths
5.5
sq ft
2,470

345 E First St, Ocean Isle Beach, NC 28469

345 E First St

Ocean Isle Beach, NC 28469

  • 75 days on market
Experience the ultimate coastal lifestyle in this fully furnished, meticulously maintained beach retreat! This immaculate 5-bed, 5 ½ bath property features a reverse floor plan with panoramic ocean views and an elevator for easy access. The top floor also includes an extra room which can be used as a multi-purpose space. The kitchen and living areas include high ceilings allowing for a bright and airy feel. Outdoor living and entertainments space is plentiful with a large pool, custom tiki bar and artificial turf putting green! The pool includes a new heater and pump (2024). Upgrades to this property include a fortified roof with solar panels adding modern sustainability, reducing energy costs by over half (installed 2022). With over 80k in 2023 rental income, and higher income of $94K in 2024 with space to sleep 18 people, this home is an excellent investment opportunity. Low, assumable flood insurance policy available. Embrace relaxed beach living with this well cared for property!

Details

Property type

Single Family Residence

Est. home value

$1,247,489

Lot size

4,966 sq ft

Price per sq ft

$607

Year built

2004

Annual property taxes

$3,819.33

Price History

10/09/2024
NorthCarolinaRegional

NorthCarolinaRegional #100470163

Listed
$1,499,000

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

$1,155,812
Asking price
$1,499,000
Closing costs (~8% of asking)
-$119,920
Est. remaining loan balance
-$223,268
Cash to seller
$1,155,812

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

Seller’s Loan History

Lender

Alpha Mortgage Corp

Loan start date

November 2012

Original loan amount

$313,000

Est. remaining balance

$223,268

Interest rate

3.4%

Loan type

New Conventional, 30 year

Seller

Anthony M Mosca and Lisa M Mosca

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

NorthCarolinaRegional
$1,580,000
5 bd
|
5 ba
|
2,520 sq ft
|
House

453 E Seventh St SW, Ocean Isle Beach, NC 28469

NorthCarolinaRegional
$1,550,000
5 bd
|
5 ba
|
2,216 sq ft
|
House

285 E 2nd St, Ocean Isle Beach, NC 28469

Price drop
NorthCarolinaRegional
$1,695,000
6 bd
|
6 ba
|
2,500 sq ft
|
House

304 W 2nd St, Ocean Isle Beach, NC 28469

Status: Active

Tomo last checked: 12/23/2024 at 2:05 AM

Listing updated: 12/12/2024 at 9:42 AM

Listed by: Jesse T McCrery, Coldwell Banker Sloane Realty OIB Phone #: (910) 579-1144

MLS: NorthCarolinaRegional #100470163

NorthCarolinaRegional logo