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$392,500

Beds
2
Baths
2.0
sq ft
894

400 Virginia Avenue Unit 105-A, Carolina Beach, NC 28428

400 Virginia Avenue Unit 105-A

Carolina Beach, NC 28428

  • 75 days on market
    • Price drop $12,500↓
Newly renovated 2 bedroom, 2 bath condo in Spinnaker Point. You will be a short walk from the beach with their private access. Spinnaker Point has many amenities including pool, hot tub and tennis courts. There is plenty of parking and an additional lot for trailer storage.

Details

Property type

Condominium

Est. home value

$399,167

Lot size

Unknown

Price per sq ft

$440

Year built

1985

Annual property taxes

$1,532.35

HOA fee

$5,807.28

Price History

11/13/2024
NorthCarolinaRegional

NorthCarolinaRegional #100470595

Price change
$392,500
-3.09%
10/12/2024
NorthCarolinaRegional

NorthCarolinaRegional #100470595

Listed
$405,000
+20.73%
05/01/2023
NorthCarolinaRegional

NorthCarolinaRegional #100355546

Sold
$335,450

Schools & Community

Elementary school: 

Carolina Beach

Middle school: 

Murray

High school: 

Ashley

Community features: 

Pool

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

$48,323
Asking price
$392,500
Closing costs (~8% of asking)
-$31,400
Est. remaining loan balance
-$312,777
Cash to seller
$48,323

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

Seller’s Loan History

Lender

Mortgage Assurance Inc

Loan start date

April 2023

Original loan amount

$318,677

Est. remaining balance

$312,777

Interest rate

6.65%

Loan type

New Conventional, 30 year

Seller

Josh M Flanders and Gabrielle Flanders

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: Active

Tomo last checked: 12/24/2024 at 11:15 PM

Listing updated: 11/13/2024 at 1:47 PM

Listed by: Peter B Ruffin, Coastal Properties Phone #: (910) 256-8171

MLS: NorthCarolinaRegional #100470595

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