tomo logo

$777,500

Beds
4
Baths
3.5
sq ft
2,394

707 E Yacht Dr, Oak Island, NC 28465

707 E Yacht Dr

Oak Island, NC 28465

  • 40 days on market
    • Price drop $10,000↓
Located just steps from the Intracoastal Waterway, this 3-story corner lot home offers the perfect blend of comfort, coastal convenience, and peek-a-boo ICW views. The ground floor is a lock-out unit with a full kitchen and is currently on a month-to-month rental, providing flexibility for extra income or guest accommodations. Inside, an open and airy floor plan welcomes you with vaulted ceilings, modern finishes, and soothing paint colors. Enjoy working from home with views of the surrounding nature, or step outside onto one of the covered porches to relax on the swing and soak in the peaceful atmosphere. The large, shady backyard, storage shed, and outdoor shower make this home ideal for easy coastal living. Whether you're rinsing off after a day at the beach or hosting a BBQ, the outdoor space offers plenty of versatility. A scenic 20-minute walk or a quick 5-minute drive brings you to Oak Island's beach. With the new bridge nearby, getting on and off the island is a breeze. The area's 65 public beach accesses, fishing docks, and pedestrian-friendly streets invite endless exploration. Conveniently close to Southport's historic charm, Wilmington's culture, and Myrtle Beach's entertainment, this home offers a relaxed coastal lifestyle with everything within reach.

Details

Property type

Single Family Residence

Est. home value

$793,693

Lot size

9,540 sq ft

Price per sq ft

$325

Year built

1996

Annual property taxes

$2,686.19

Price History

10/26/2024
NorthCarolinaRegional

NorthCarolinaRegional #100468121

Price change
$777,500
-1.27%
10/10/2024
NorthCarolinaRegional

NorthCarolinaRegional #100468121

Price change
$787,500
-1.25%
09/26/2024
NorthCarolinaRegional

NorthCarolinaRegional #100468121

Listed
$797,500
+18.15%

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

$71,495
Asking price
$777,500
Closing costs (~8% of asking)
-$62,200
Est. remaining loan balance
-$643,805
Cash to seller
$71,495

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

Seller’s Loan History

Lender

Armed Forces Bank Na

Loan start date

April 2022

Original loan amount

$675,000

Est. remaining balance

$643,805

Interest rate

3.89%

Loan type

VA, 30 year

Seller

Timothy Marine

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: 11/05/2024 at 8:55 AM

Listing updated: 10/25/2024 at 10:32 PM

Listed by: Hank Troscianiec & Associates, Keller Williams Innovate-OKI Phone #: (910) 726-2270

MLS: NorthCarolinaRegional #100468121

NorthCarolinaRegional logo

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