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$395,000

Beds
2
Baths
1.0
sq ft
960

506 Lockwood Folly Rd SE, Bolivia, NC 28422

506 Lockwood Folly Rd SE

Bolivia, NC 28422

  • 70 days on market
    • Price drop $14,000↓
Successful Airbnb for Sale in Sunset Harbor ! This home sits on a double lot with plenty of parking for boats, trailers, jetskis and vehicles. Escape to tranquility in this expansive and serene retreat, just twenty minutes from Oak Island, Holden Beach, and downtown Historic Southport. Perfect for boating enthusiasts and fishing anglers, the property is within walking distance of the NC Public boat ramp and the Sunset Harbor fishing pier. You can unwind outdoors to the soothing sound of waves, grilling steaks over an open fire, and enjoying your favorite movies on an outdoor projector. This backyard paradise is a cherished haven and you can take in peek-a-views of the Intracoastal Waterway from the front porch, cook up a storm on the gas grill on the side porch, or relax under the shade of a majestic live oak on the new back porch. This home comes fully furnished and includes a fully stocked kitchen. (excludes master BD furniture) Each bedroom features a TV, complemented by a spacious 75-inch screen in the living room. Gather for a lively game night with the assortment of games, or take a short stroll to the fishing pier for some angling fun. Two convenience stores are nearby, with a grocery store just a short 15-min drive away. This home is Top-rated and recognized as a ''Superhost'' property. Enjoy breathtaking views of Sunset Harbor and the Intracoastal Waterway. Essential amenities such as bathroom products, hair dryer, cleaning supplies, washer and dryer, towels, sheets and linens are included. Cook up a storm using pots, pans, dishes, silverware, and wine glasses, and the outdoor firepit is perfect for an oyster roast ! All appliances are included. You and your guests can explore the nearby beaches of Oak Island & Holden Beach, or simply relax on the private patio, back porch, or in the spacious backyard. Gather around the firepit, unwind on outdoor furniture, and savor the flavors from the BBQ grill. By Appt Only. Call Us for a Showing Today !

Details

Property type

Single Family Residence

Est. home value

$349,057

Lot size

0.34 acres

Price per sq ft

$412

Year built

1992

Annual property taxes

$811.63

Price History

08/18/2024
NorthCarolinaRegional

NorthCarolinaRegional #100455250

Price change
$395,000
-3.42%
07/11/2024
NorthCarolinaRegional

NorthCarolinaRegional #100455250

Listed
$409,000
+37.02%
02/25/2022
NorthCarolinaRegional

NorthCarolinaRegional #100302537

Sold
$298,500

Schools & Community

Elementary school: 

Virginia Williamson

Middle school: 

South Brunswick

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

$85,416
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$277,984
Cash to seller
$85,416

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

Seller’s Loan History

Lender

Angel Oak Home Loans Llc

Loan start date

February 2022

Original loan amount

$293,092

Est. remaining balance

$277,984

Interest rate

3.22%

Loan type

FHA, 30 year

Seller

Alfred E Maggard

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: 09/18/2024 at 8:55 PM

Listing updated: 08/18/2024 at 4:59 PM

Listed by: Katherine Wooten, Southport Realty, Inc. Phone #: (910) 457-7676

MLS: NorthCarolinaRegional #100455250

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