tomo logo

$849,000

Beds
3
Baths
3.0
sq ft
1,738

5418 Cedar Tree Lane, Emerald Isle, NC 28594

5418 Cedar Tree Lane

Emerald Isle, NC 28594

  • 132 days on market
    • Price drop $50,900↓
Come see this fabulous 3-bedroom elevated home near everything that Emerald Isle has to offer! Current owners do not carry flood insurance! Home has new siding! New flooring- where not carpeted! A new HVAC and hot water heater! New bathroom countertop and cabinet! Enjoy wonderful sound views from your peaceful back deck or bedroom deck! There is a great bonus area downstairs- perfect for entertaining or could also be used for a VRBO with the additional parking in the back of the home! Downstairs has a split unit that cools and heats an additional 660 sq ft. One mile from boat ramp access. Six hundred feet from beach access. No HOA!

Details

Property type

Single Family Residence

Est. home value

$633,603

Lot size

8,276 sq ft

Price per sq ft

$489

Year built

1978

Annual property taxes

$1,605.69

Price History

11/11/2024
NorthCarolinaRegional

NorthCarolinaRegional #100460439

Price change
$849,000
-5.66%
08/30/2024
NorthCarolinaRegional

NorthCarolinaRegional #100460439

Price change
$899,900
-2.71%
08/12/2024
NorthCarolinaRegional

NorthCarolinaRegional #100460439

Listed
$925,000
+208.33%

Schools & Community

Elementary school: 

White Oak Elementary

Middle school: 

Broad Creek

High school: 

Croatan

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

$586,164
Asking price
$849,000
Closing costs (~8% of asking)
-$67,920
Est. remaining loan balance
-$194,916
Cash to seller
$586,164

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

Seller’s Loan History

Lender

Wyndham Capital Mortgage Inc

Loan start date

March 2019

Original loan amount

$225,000

Est. remaining balance

$194,916

Interest rate

4.46%

Loan type

New Conventional, 26 year

Seller

Amy Beth Norris and Betty Jane Poston

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: 12/22/2024 at 9:05 AM

Listing updated: 11/10/2024 at 7:52 PM

Listed by: Kathy Ann Myers, RE/MAX Homestead Swansboro Phone #: (252) 241-4986

MLS: NorthCarolinaRegional #100460439

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