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$799,900

Beds
2
Baths
2.0
sq ft
486

710 South Lumina Avenue Unit 102, Wrightsville Beach, NC 28480

710 South Lumina Avenue Unit 102

Wrightsville Beach, NC 28480

  • 61 days on market
You will fall in love with this beautifully renovated 2 bedroom/2 bath condo located in the coveted Southend of Wrightsville Beach. You will be just one row away from the ocean to catch the sunrise after picking up your favorite drink at the coffee shop next door. Lunch and dinner await you at the oceanfront Oceanic restaurant, or you are just a bike ride away to many other bars and cafes. And, be sure to catch a yoga class or go fishing on the Crystal Pier that is steps away and open to the public. The surf shop will have rental bikes to tour the island, and boards ready to try surfing. Walk to the sound side to SUP or sail, or bring your kite boarding equipment for this is one of the local's favorite spots. Unwind in the huge outdoor living space that extends the updated kitchen and living area for ultimate entertaining possibilities. The bedrooms will draw you in for comfort and privacy as each room features its own bath. The many windows bring in abundant natural light to this magical getaway to allow you to totally unwind. Don't take our word for it but read the numerous Airbnb guests reviews that echo our sentiments and helped generate nearly $50,000 in annual rental income on a part-time basis. (Bonus: on-site parking spot and qualify to purchase two WB parking passes.) This unit is unique compared to some nearby properties. It can be occupied full time by the owner without the restrictions that may come with units of similar size on Wrightsville Beach. You decide if you can to live in the property full or part time and if or how you rent the property if you choose to do so.

Details

Property type

Condominium

Est. home value

$596,222

Lot size

Unknown

Price per sq ft

$1,646

Year built

1988

HOA fee

$5,400

Price History

09/30/2024
NorthCarolinaRegional

NorthCarolinaRegional #100467446

Listed
$799,900
+0.11%
03/01/2024
NorthCarolinaRegional

NorthCarolinaRegional #100423986

Removed
$799,000
02/22/2024
NorthCarolinaRegional

NorthCarolinaRegional #100423986

Price change
$799,000
-2.44%

Schools & Community

Elementary school: 

Wrightsville Beach

Middle school: 

Noble

High school: 

Hoggard

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

$550,547
Asking price
$799,900
Closing costs (~8% of asking)
-$63,992
Est. remaining loan balance
-$185,361
Cash to seller
$550,547

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

Seller’s Loan History

Lender

Capital City Home Loans Llc

Loan start date

August 2020

Original loan amount

$245,600

Est. remaining balance

$185,361

Interest rate

2.58%

Loan type

New Conventional, 15 year

Seller

Lisa Sprod and Laura Siljander

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 12:55 PM

Listing updated: 11/07/2024 at 11:42 AM

Listed by: Sounia Chaney, Intracoastal Realty Corp Phone #: (910) 256-4503

MLS: NorthCarolinaRegional #100467446

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