tomo logo

$275,000

Beds
3
Baths
2.0
sq ft
2,268

395 Chatham Street, Newport, NC 28570

395 Chatham Street

Newport, NC 28570

  • Pending
    • Price drop $24,900↓
Spacious home in the heart of Newport! Boasting over 2200 sq ft, this residence features 3 large bedrooms, 2 full baths, and one of the bedrooms can serve as a dedicated home office. The home has been updated with new flooring and paint throughout. In '22, the electrical panel and breakers were upgraded by a licensed electrician, with the work inspected and approved by the Town of Newport. The roof and heat pump were installed in 2020. Per the previous owners, all windows except those in the front room were replaced in '07. A new whole-house generator was recently installed by Duke Energy. The expansive kitchen is a chef's delight, featuring pristine stainless appliances, ample cabinetry and prep space, plus a vast pantry. Storage abounds with numerous closets, extensive built-in bookshelves, and corner cabinets in the formal dining room. There are two gas fireplaces, one in the living room and another in the family room, complemented by a central vacuum system. Outdoors, a two-car carport, a sizable workshop with updated electrical wiring, a window air conditioner, dual sinks, a roll-up garage door, and space for a pool table await. The large, covered back patio is ideal for entertaining and includes a koi pond with a water fountain. The property is adorned with mature landscaping and a well-established yard. Located just minutes from Marine Corps Air Station Cherry Point, close to schools, shopping, dining, medical facilities, and a brief drive to the region's stunning beaches. The spaciousness of this home is sure to impress. Contact a Realtor to arrange a private tour today.

Details

Property type

Single Family Residence

Est. home value

$278,459

Lot size

0.47 acres

Price per sq ft

$122

Year built

1948

Annual property taxes

$1,680.41

Price History

10/30/2024
NorthCarolinaRegional

NorthCarolinaRegional #100466496

Pending
$275,000
10/25/2024
NorthCarolinaRegional

NorthCarolinaRegional #100466496

Listed
$275,000
10/03/2024
NorthCarolinaRegional

NorthCarolinaRegional #100466496

Pending
$275,000

Schools & Community

Elementary school: 

Newport

Middle school: 

Newport Middle

High school: 

West Carteret

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

$103,213
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$149,787
Cash to seller
$103,213

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

Seller’s Loan History

Lender

Stearns Lending Llc

Loan start date

July 2021

Original loan amount

$161,172

Est. remaining balance

$149,787

Interest rate

2.96%

Loan type

FHA, 30 year

Seller

Billy J Meye and Pamela P Meye

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
$250,000
3 bd
|
2 ba
|
1,342 sq ft
|
House

8240 Highway 70, Newport, NC 28570

New
NorthCarolinaRegional
$240,000
3 bd
|
2 ba
|
1,614 sq ft
|
House

396 East Chatham Street, Newport, NC 28570

Price drop
NorthCarolinaRegional
$240,000
3 bd
|
1.5 ba
|
1,277 sq ft
|
House

106 Shipman Road, Havelock, NC 28532

Status: Pending/Under Contract

Tomo last checked: 11/09/2024 at 11:50 AM

Listing updated: 10/30/2024 at 5:07 PM

Listed by: Rebecca J Quick, Crystal Coast Realty & Home Services, LLC Jacksonville Phone #: (910) 320-7345

MLS: NorthCarolinaRegional #100466496

NorthCarolinaRegional logo

Recently listed in Newport

$465,000|3 bd|2.5 ba|House
$159,900|2 bd|1.0 ba|House
$349,900|3 bd|2.0 ba|House
$479,000|4 bd|3.0 ba|House
$825,000|2 bd|2.0 ba|House
$360,725|3 bd|2.0 ba|House
$359,900|3 bd|2.0 ba|House