tomo logo

$483,500

Beds
3
Baths
2.0
sq ft
1,839

357 S Shore Dr, Southport, NC 28461

357 S Shore Dr

Southport, NC 28461

  • Coming soon
Looking for a Deal ??? Grab this updated home now before the big lake comes back. The Dam is being repaired and you have a great opportunity to purchase a well maintained home on Patricia Lake with wonderful views. Renovated in 2013 with new roof, windows, kitchens w/granite countertops, tile backsplash, updated electrical panel, vapor barrier by Carolina Basement Solutions in 2022, septic jetted and serviced 2023, New Carrier HVAC system 2024 by Michael and Sons. 2 car garage with extra storage. Owners were just not able to visit as often as they wanted to and have listed this property under appraised value for a quick sale.

Details

Property type

Single Family Residence

Est. home value

$428,942

Lot size

0.47 acres

Price per sq ft

$263

Year built

1972

Annual property taxes

$1,693.43

Price History

05/30/2023
NorthCarolinaRegional

NorthCarolinaRegional #100382666

Sold
$437,500

Schools & Community

Elementary school: 

Bolivia

Middle school: 

South Brunswick

High school: 

South 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

$332,907
Asking price
$483,500
Closing costs (~8% of asking)
-$38,680
Est. remaining loan balance
-$111,913
Cash to seller
$332,907

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

June 2010

Original loan amount

$162,000

Est. remaining balance

$111,913

Interest rate

5.06%

Loan type

New Conventional, 30 year

Seller

Robert J Finch and Charlotte M Finch

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?

Status: Coming Soon

Tomo last checked: 02/23/2025 at 8:30 PM

Listing updated: 02/20/2025 at 9:37 AM

Listed by: Mike J Dissett, INNOVATE Real Estate Phone #: (843) 839-3325

MLS: NorthCarolinaRegional #100489575

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