tomo logo

$1,250,000

Beds
4
Baths
2.0
sq ft
1,842

6624 W Beach Dr, Oak Island, NC 28465

6624 W Beach Dr

Oak Island, NC 28465

  • 31 days on market
    • Price drop $50,000↓
Income Producer! 2024 gross rental income surpassed $100,000 with $40k already on the 2025 books. 2nd row home comes fully furnished and features a large private pool, and 75' wide lot. The home's floor plan includes 2 bedrooms and 1 full bath on both levels. Recent upgrades, including a modernized kitchen, new flooring, and updated windows, enhance the appeal of the open layout. Enjoy captivating ocean views from the front porch and serene slough views from the back porch, which overlooks the pool. Located in the highly sought-after King's Lynn area of Oak Island (steps from The Point), this property offers the serenity that only the West End can deliver! Don't miss this opportunity to own a pristine, income-generating property in a premier location!

Details

Property type

Single Family Residence

Est. home value

$1,193,056

Lot size

9,453 sq ft

Price per sq ft

$679

Year built

1995

Annual property taxes

$3,591.86

Price History

11/08/2024
NorthCarolinaRegional

NorthCarolinaRegional #100472396

Price change
$1,250,000
-3.85%
10/23/2024
NorthCarolinaRegional

NorthCarolinaRegional #100472396

Listed
$1,300,000
+22.07%
04/06/2022
NorthCarolinaRegional

NorthCarolinaRegional #100314160

Sold
$1,065,000
+40.13%

Schools & Community

Elementary school: 

Southport

Middle school: 

South Brunswick

High school: 

South Brunswick

High school district: 

Brunswick County Schools

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

Traditions Bank

Loan start date

April 2022

Original loan amount

$647,200

Est. remaining balance

$616,395

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Kevin K Brown and Carolyn S Davis

Lender

Traditions Bank

Loan start date

April 2022

Original loan amount

$293,300

Est. remaining balance

Not provided

Interest rate

4.62%

Loan type

New Conventional, 30 year

Seller

Kevin K Brown and Carolyn S Davis

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: 11/23/2024 at 4:00 AM

Listing updated: 11/10/2024 at 2:55 AM

Listed by: Zachary M Bryant, Landmark Sotheby's International Realty Phone #: (910) 457-6388

MLS: NorthCarolinaRegional #100472396

NorthCarolinaRegional logo

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