tomo logo

$369,000

Beds
3
Baths
3.5
sq ft
1,843

607 River Ridge Dr Unit Unit 5, Shallotte, NC 28470

607 River Ridge Dr Unit Unit 5

Shallotte, NC 28470

  • Pending
Welcome to The Gallery Townhomes in the one and only gated, upscale community of Rivers Edge Plantation! Rivers Edge sits on the Shallotte river and is just around the corner from main street Shallotte with all of your daily conveniences, and only 10 minutes to Ocean Isle Beach, or 20 to Holden Beach with your own oceanfront Beach Clubhouse included in your HOA dues! This 3 story townhome has been lightly used as a 2nd home and is ready for you! On the ground level is a 1 car garage, and a separate suite/bedroom and full bath with a private patio looking out towards the nature and peeks of hole #10. On the main level is the spacious kitchen with granite counters and upscale cabinetry with a gas cooktop and hardwood floors throughout. Also features a powder room on this level for guests and a balcony off the living room. Upstairs is the main bedroom suite with walk in closet and full bathroom with your own balcony overlooking the trees, and laundry closet as well as another guest bedroom and full bath. Rivers Edge boasts incredible amenities with a gorgeous clubhouse, indoor pool, hot tubs, outdoor pool, tennis and pickleball and an incredible 18 hole golf course (optional) designed by Arnold Palmer which hugs the banks of the Shallotte River. This is a high quality townhome in a high end, gated comunity and most of the furnishings can be purchased separately as well.

Details

Property type

Townhouse

Est. home value

$331,187

Lot size

1,525 sq ft

Price per sq ft

$201

Year built

2005

Annual property taxes

$2,255.32

HOA fee

$2,115.68

Price History

10/21/2024
NorthCarolinaRegional

NorthCarolinaRegional #100465850

Pending
$369,000
09/20/2024
NorthCarolinaRegional

NorthCarolinaRegional #100465850

Listed
$369,000

Schools & Community

Elementary school: 

Union

Middle school: 

Shallotte

High school: 

West Brunswick

Community features: 

Pool

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

$267,458
Asking price
$369,000
Closing costs (~8% of asking)
-$29,520
Est. remaining loan balance
-$72,022
Cash to seller
$267,458

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

Seller’s Loan History

Lender

Union Mortgage Group Inc

Loan start date

October 2012

Original loan amount

$100,000

Est. remaining balance

$72,022

Interest rate

3.62%

Loan type

New Conventional, 30 year

Seller

Patricia A Gerschutz and Daniel R Gerschutz

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: Pending/Under Contract

Tomo last checked: 11/08/2024 at 6:20 AM

Listing updated: 10/21/2024 at 3:02 PM

Listed by: Nolan D Payne, Carolina Plantations Real Estate Phone #: (910) 755-7557

MLS: NorthCarolinaRegional #100465850

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