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$548,000

Beds
2
Baths
1.0
sq ft
827

502 Ocean Boulevard, Carolina Beach, NC 28428

502 Ocean Boulevard

Carolina Beach, NC 28428

  • 37 days on market
    • Price drop $47,000↓
Charming 2-bedroom, 1-bath cottage built in 1955 located just 4 blocks from the beach on Carolina Beach! This cozy home is perfect as a beach getaway, offering a spacious lot with endless potential. Whether you want to enjoy the nostalgic charm of the original cottage or tear it down and build your dream home, this property is a rare opportunity in a highly sought-after location. With the beach just a short walk away, the possibilities for creating your coastal retreat are limitless. Don't miss out on this chance to own a piece of paradise! Current listing photos are from September 2023: kitchen has been updated with new base cabinets, butcher block countertops and a dishwasher addition; the bathroom vanity, toilet and shower insert have been replaced; the light fixtures in the hallway, kitchen and bathroom have been replaced.

Details

Property type

Single Family Residence

Est. home value

$478,967

Lot size

4,966 sq ft

Price per sq ft

$663

Year built

1955

Price History

11/06/2024
NorthCarolinaRegional

NorthCarolinaRegional #100471561

Price change
$548,000
-7.9%
10/21/2024
NorthCarolinaRegional

NorthCarolinaRegional #100471561

Price change
$595,000
-6.15%
10/17/2024
NorthCarolinaRegional

NorthCarolinaRegional #100471561

Listed
$634,000
+60.51%

Schools & Community

Elementary school: 

Carolina Beach

Middle school: 

Murray

High school: 

Ashley

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 Capital Bank

Loan start date

February 2023

Original loan amount

$650,000

Est. remaining balance

Not provided

Interest rate

6.48%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Hometown Investors 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: 11/22/2024 at 8:30 PM

Listing updated: 11/06/2024 at 11:02 AM

Listed by: Reidi Troy, Prosper Real Estate Phone #: (910) 352-7957

MLS: NorthCarolinaRegional #100471561

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