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$1,225,000

Beds
4
Baths
3.0
sq ft
1,763

6602 W Beach Dr, Oak Island, NC 28465

6602 W Beach Dr

Oak Island, NC 28465

  • 311 days on market
    • Price drop $25,000↓
Desirable far west end location beach home offering 4 bedrooms plus loft space (for 5th sleeping space) and 3 full baths! Enjoy stunning sunrises from your balcony deck and sunsets from your covered porch. Skip the noise and heavy traffic - quiet, family beach vibes resound on the far west end of Oak Island. Extra wide lot provides additional privacy and elbow room - a rare find on first and second row homes. Fully redecorated and renovated and ready to move in and enjoy the beach life. New paint and decor throughout provides a custom beach cottage vibe that is consistent inside and outside of home. No fighting needed over ''best bedroom'' as there are 3 king size beds, 3 twin size beds and 1 luxury queen sleeper sofa in the loft (that is actually comfortable). Indoor and outdoor furnishings convey with a few exceptions. Full storage room on ground level allows for more than ample owner storage. Original owner was a Landscape Designer - property includes lawn irrigation so grass stays green throughout summertime. Updates include: wind resistant exterior vinyl, fortified roof, storm windows & doors, luxury vinyl floors throughout, new kitchen and baths, new HVAC, new water heater. Already set up as a rental property allowing you to vacation with additional rental income to boot. Make ''Palms Away'' your destination getaway today!

Details

Property type

Single Family Residence

Est. home value

$905,738

Lot size

0.33 acres

Price per sq ft

$695

Year built

1981

Annual property taxes

$2,716.32

Price History

10/31/2024
NorthCarolinaRegional

NorthCarolinaRegional #100427890

Price change
$1,225,000
-2%
07/31/2024
NorthCarolinaRegional

NorthCarolinaRegional #100427890

Price change
$1,250,000
-3.85%
07/13/2024
NorthCarolinaRegional

NorthCarolinaRegional #100427890

Listed
$1,300,000

Schools & Community

Elementary school: 

Southport

Middle school: 

South Brunswick

High school: 

South Brunswick

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

$873,198
Asking price
$1,225,000
Closing costs (~8% of asking)
-$98,000
Est. remaining loan balance
-$253,802
Cash to seller
$873,198

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

Seller’s Loan History

Lender

Gmfs Llc

Loan start date

July 2016

Original loan amount

$310,500

Est. remaining balance

$253,802

Interest rate

3.58%

Loan type

New Conventional, 30 year

Seller

Peter W Pray and Amelia G Pray

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: 12/23/2024 at 9:20 AM

Listing updated: 10/31/2024 at 6:17 AM

Listed by: SUSAN AYERS, HomeZu Phone #: (888) 875-4218

MLS: NorthCarolinaRegional #100427890

NorthCarolinaRegional logo

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