tomo logo

$625,000

Beds
4
Baths
2.0
sq ft
1,128

712 Ocean Boulevard, Holly Ridge, NC 28445

712 Ocean Boulevard

Topsail Beach, NC 28445

  • 15 days on market
The Coral Cabanas is the vintage Topsail duplex located in the heart of the Village. Tile floors, private ''breezeway'' porches and all on one level for easy mobility. Tile floors throughout and showers updated and tiled, this well maintained cottage is perfect for families to share or live in one and run your business or rent the other. It is zoned for residential and commercial use. Built in the early 50's, it has been lovingly preserved as one of the original structures in Topsail Beach. Beach access is just across the way and you can walk to the fishing pier for the fresh catch of the day or to the Town Center Park for play. Large outside shower adds to the functionality. Nice investment property as the units are always in demand. Come see for yourself how this one is the most popular rentals on the island!

Details

Property type

Townhouse

Est. home value

$562,945

Lot size

3,920 sq ft

Price per sq ft

$555

Year built

1950

Price History

02/07/2025
NorthCarolinaRegional

NorthCarolinaRegional #100487711

Listed
$625,000
+140.38%
03/06/2019
NorthCarolinaRegional

NorthCarolinaRegional #100145703

Sold
$260,000
10/10/2017
NorthCarolinaRegional

NorthCarolinaRegional #100077551

Sold
$260,000

Schools & Community

Elementary school: 

North Topsail

Middle school: 

Topsail

High school: 

Topsail

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

$457,244
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$117,756
Cash to seller
$457,244

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

Seller’s Loan History

Lender

Equity Resources Inc

Loan start date

February 2020

Original loan amount

$130,750

Est. remaining balance

$117,756

Interest rate

3.74%

Loan type

New Conventional, 30 year

Seller

Dara L Barnard and William Scott Barnard

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: 02/23/2025 at 9:55 AM

Listing updated: 02/10/2025 at 1:47 PM

Listed by: Frank Sherron, Landmark Sotheby's International Realty Phone #: (910) 328-2276

MLS: NorthCarolinaRegional #100487711

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