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$1,175,000

Beds
4
Baths
2.0
sq ft
1,587

56 Wilmington St, Ocean Isle Beach, NC 28469

56 Wilmington St

Ocean Isle Beach, NC 28469

  • 68 days on market
Welcome to a Boater's Paradise! Nestled in the highly coveted Ocean Isle Beach, this exquisite home is a waterfront haven situated on a deep water canal. Step into a world of luxury where the charm of this residence begins with its meticulously updated kitchen and baths. The kitchen is a culinary dream, boasting stainless steel appliances, elegant granite counters, a convenient wine fridge, shiplap detailing, and generous storage. This sets the stage for an open floor plan, creating a seamless flow that is perfect for entertaining while enjoying breathtaking views of the canal. On the lower level, discover two bedrooms complemented by a fully updated bath, adding a touch of modern elegance. Ascend the stairs to find two additional bedrooms and a second fully renovated bath, ensuring comfort and style throughout. Not to mention the new impact windows and doors. The living room serves as the heart of the home, seamlessly connecting to a vast covered deck that grants panoramic views of your private new boat lift, dock, and seawall. Picture yourself enjoying the gentle breeze and scenic beauty from this elevated vantage point. As you descend to the lower level, a sprawling entertaining area awaits. Complete with bar seating, a cozy firepit, and a commercial ice maker, this space is a haven for boating enthusiasts. It's the perfect spot to unwind, socialize, and create lasting memories. Whether you seek a waterfront oasis for yourself or a savvy investment opportunity, this property is a must-see. Its strategic location, less than 25 minutes from Myrtle Beach and just 45 minutes from Wilmington, solidifies its status as an ideal retreat. Truly, this is more than a home; it's a Boater's Paradise, offering a lifestyle of luxury, convenience, and the allure of coastal living. Don't miss the chance to make this your own piece of paradise!

Details

Property type

Single Family Residence

Est. home value

$904,593

Lot size

5,532 sq ft

Price per sq ft

$741

Year built

1986

Annual property taxes

$3,138.19

Price History

07/29/2024
NorthCarolinaRegional

NorthCarolinaRegional #100458209

Listed
$1,175,000
05/03/2024
NorthCarolinaRegional

NorthCarolinaRegional #100425391

Removed
$1,175,000
02/29/2024
NorthCarolinaRegional

NorthCarolinaRegional #100425391

Price change
$1,175,000
-2.08%

Schools & Community

Elementary school: 

Union

Middle school: 

Shallotte

High school: 

Unknown

High school district: 

Brunswick County Schools

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

$492,640
Asking price
$1,175,000
Closing costs (~8% of asking)
-$94,000
Est. remaining loan balance
-$588,360
Cash to seller
$492,640

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

December 2022

Original loan amount

$600,000

Est. remaining balance

$588,360

Interest rate

6.94%

Loan type

New Conventional, 30 year

Seller

Amber Kennedy

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: 10/05/2024 at 4:20 AM

Listing updated: 09/08/2024 at 2:59 AM

Listed by: Living By the Coast Realty Group, RE/MAX Executive Phone #: (910) 408-4802

MLS: NorthCarolinaRegional #100458209

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