tomo logo

$945,000

Beds
3
Baths
3.0
sq ft
2,706

393 Magnolia Lane, Arapahoe, NC 28510

393 Magnolia Lane

Arapahoe, NC 28510

  • 65 days on market
MILLION DOLLAR views accompany this gorgeous RIVERFRONT home offering 3 bedrooms with 3 full bathrooms plus a LOFT. Built to incorporate this breathtaking river setting, Located in a very small and private riverfront community and built in 2016, this home offers plenty of space, functionality, and easy care living. The large open living room/dining/kitchen features soaring vaulted ceilings that flow seamlessly throughout the main floor. In the living room, the focal point is the stone surround that houses a cast iron gas burning stove. The dining room provides water side dining every breakfast, lunch and dinner. The kitchen features a large pantry, cast iron farmhouse sink, center island, range, dishwasher, solid surface counter tops, stainless appliances, ceramic tile surround, and more. There is a HUGE master bedroom and bath downstairs as well as another very LARGE bedroom and bath and the laundry room. Upstairs, another bedroom and bathroom that also affords a beautiful view. There is also a loft area that can be used as private living area. Flooring is LVP, windows are covered by plantation blinds. The home has both front and rear decks but the rear deck is the place to be for unobstructed sunrises and sunsets on the water. On the ground floor, there is an amazing amount of parking both in front of the home and underneath it. There is an exterior elevator for ease of access, a Kohler 22 KW stand-by generator should storms approach, a workshop underneath the home for storing larger outdoor equipment & tools, a Kinetico water softening system, interior plantation blinds, maintenance free Trex decking, Trane heating/cooling system, and piers are already in place if you want a to build a boat dock. SELLER SAYS NO FLOOD INSURANCE REQUIRED - Elevation Certificate on file.

Details

Property type

Single Family Residence

Est. home value

$931,442

Lot size

0.41 acres

Price per sq ft

$350

Year built

2016

Annual property taxes

$3,819.33

Price History

07/17/2024
NorthCarolinaRegional

NorthCarolinaRegional #100456186

Listed
$945,000
06/07/2024
NorthCarolinaRegional

NorthCarolinaRegional #100430012

Removed
$945,000
02/28/2024
NorthCarolinaRegional

NorthCarolinaRegional #100430012

Listed
$945,000

Schools & Community

Elementary school: 

Pamlico County Primary

Middle school: 

Pamlico County

High school: 

Pamlico County

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Citizen B&T Co

Loan start date

March 2018

Original loan amount

$442,400

Est. remaining balance

$388,316

Interest rate

4.22%

Loan type

Not Provided, 30 year

Seller

Kenneth Turcotte and Judith H Turcotte

Lender

First Citizens Bank & Trust Co

Loan start date

May 2016

Original loan amount

$438,000

Est. remaining balance

Not provided

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Kenneth Turcotte and Judith H Turcotte

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: 09/20/2024 at 1:35 AM

Listing updated: 07/19/2024 at 2:19 PM

Listed by: Melanie L Gates, Executive Properties Phone #: (919) 988-0518

MLS: NorthCarolinaRegional #100456186

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