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$1,125,000

Beds
4
Baths
3.0
sq ft
1,961

510 South Third Avenue, Kure Beach, NC 28449

510 South Third Avenue

Kure Beach, NC 28449

  • 146 days on market
    • Price drop $50,000↓
This Very ''Motivated Seller'' has dropped their price below market value to give you equity on day one. This fully renovated two-story single-family home has been converted into two individual units making it an investor's dream or a great opportunity for anyone looking to live upstairs and rent out the first floor, this turnkey opportunity is not only fully furnished but includes upgrades and renovations throughout. New LVT/LVP flooring, quartz countertops, quartz Island top with seating for 4, and lots of extra storage space, new dishwasher, hooded cooktop oven, refrigerators, sink, and fixtures the attention to detail from the kitchen to the bathrooms to the bedrooms will speak for themselves. Just two blocks back from the ocean this property features a 3-bedroom 2-bath unit upstairs that sleeps 8 and a 1-bedroom 1-bath apartment/guest/in-law suite that sleeps 4 downstairs. You can enjoy listening to the ocean waves from your oversized front porch or open the double doors and let the ocean breeze in. Each unit has individual covered parking, storage, washers/dryers, flatscreen TVs, sleeper couches, flatware, and dishes and is metered, heated, and cooled separately & both feature the open-air modern-day design with easy access to the beach using public access points G or E Ave & Fort Fisher Blvd S. Investors be sure to ask about the rental history, this property has not been on the rental market long but stays booked with many repeat clients, you may even need to visit between bookings & YES all the renovations have been permitted and inspected, this is truly carefree coastal living.

Details

Property type

Single Family Residence

Est. home value

$660,308

Lot size

5,053 sq ft

Price per sq ft

$574

Year built

1995

Annual property taxes

$3,314.87

Price History

12/06/2024
NorthCarolinaRegional

NorthCarolinaRegional #100458432

Price change
$1,125,000
-4.26%
10/08/2024
NorthCarolinaRegional

NorthCarolinaRegional #100458432

Price change
$1,175,000
-0.84%
09/17/2024
NorthCarolinaRegional

NorthCarolinaRegional #100458432

Price change
$1,185,000
-1.25%

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

Bethpage Fcu

Loan start date

January 2024

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

7.22%

Loan type

Credit Line (Revolving), 30 year

Seller

Philippe Brisson and Brittany Rhoads

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: 12/24/2024 at 11:25 AM

Listing updated: 12/15/2024 at 2:38 AM

Listed by: Michael H Knapton, Bryant Real Estate Phone #: (800) 322-3764

MLS: NorthCarolinaRegional #100458432

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