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$1,199,000

Beds
4
Baths
3.0
sq ft
1,664

4705 Ocean Drive, Emerald Isle, NC 28594

4705 Ocean Drive

Emerald Isle, NC 28594

  • 191 days on market
    • Price drop $91,000↓
HUGE PRICE DROP!!! Beautiful oceanfront home with breathtaking views! This amazing property offers four bedrooms; a bonus ''flex room,'' currently used as an extra guest room; and 3 baths. The reverse & open floor plan with vaulted ceilings provides gorgeous ocean views from nearly every corner of the living and dining area. New king beds and mattresses in all four bedrooms, and twin beds in the bonus room. Hurricane shutters on all ocean-facing windows and doors. Both HVAC units replaced in the past three years. A large electronically-controlled retractable awning, with wind sensors, makes the upstairs deck a haven for both shade and sun-lovers and extends the living space. PLUS plenty of room for a pool and/or hot tub, with counsel-approval. Programmable thermostats, outdoor shower, new solid core LVP floors, brand new septic drain-field, and the list goes on. Light and bright, casual, but elegant, ''Carolina Clipper West'' comes fully furnished. It's the perfect oceanfront property to call home, gather with friends and family, or as a smart rental investment. This oceanfront townhome is being sold ''as is/where is'' and will not last long at this new price!!!

Details

Property type

Townhouse

Est. home value

$1,016,737

Lot size

4,792 sq ft

Price per sq ft

$721

Year built

1983

Annual property taxes

$2,448.51

Price History

08/26/2024
NorthCarolinaRegional

NorthCarolinaRegional #100432265

Price change
$1,199,000
-7.05%
07/31/2024
NorthCarolinaRegional

NorthCarolinaRegional #100432265

Price change
$1,290,000
-0.77%
06/08/2024
NorthCarolinaRegional

NorthCarolinaRegional #100432265

Removed
$1,300,000

Schools & Community

Elementary school: 

White Oak Elementary

Middle school: 

Broad Creek

High school: 

Unknown

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

$497,653
Asking price
$1,199,000
Closing costs (~8% of asking)
-$95,920
Est. remaining loan balance
-$605,427
Cash to seller
$497,653

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

Seller’s Loan History

Lender

Vision Financial Fcu

Loan start date

July 2021

Original loan amount

$648,800

Est. remaining balance

$605,427

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Caviston Group South Llc

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: 09/19/2024 at 12:25 PM

Listing updated: 08/26/2024 at 10:49 AM

Listed by: Charles Egerton, RE/MAX Ocean Properties EI Phone #: (252) 354-3900

MLS: NorthCarolinaRegional #100432265

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