tomo logo

$515,000

Beds
3
Baths
3.0
sq ft
1,910

725 Ocracoke Drive, Wilmington, NC 28412

725 Ocracoke Drive

Wilmington, NC 28412

  • 42 days on market
    • Price drop $15,000↓
Nestled in the desirable Snows Cut Landing neighborhood, this charming 3-bedroom, 3-bath home offers the perfect blend of coastal living and modern comfort. Located just five minutes from the bliss of the beach and sand, this property provides an idyllic retreat. The home boasts over 1900 sq ft of living space with a spacious upstairs, open floor plan, featuring vaulted ceilings, granite counter tops, soft close drawers and cupboards, walk in pantry, a large island with bar overhang for additional seating, and a dining area. Luxury vinyl plank flooring enhances the main living area. The master bedroom includes a large walk-in closet and an en-suite bathroom with a tiled walk-in shower and a separate deep soaking tub. Enjoy outdoor living with the fresh air and coastal breeze from the partially covered rocking chair front porch. The backyard is perfect for entertaining, with a large patio and a pool deck ready for your new pool. Versatile Downstairs area includes a large bonus room with a kitchenette, a third bedroom, and a full bathroom. This space, with access to both sides of the yard, is perfect for guests or a mother-in-law suite. The backyard features a 6x6 shed for your lawn and outdoor equipment. The large driveway is partially covered, fitting two cars and includes a small storage room and kayak racks. This home offers a unique opportunity to experience the best of coastal living with ample space and modern amenities. Roof was done in 2022. 2-10 home warranty included for piece of mind. Make 725 Ocracoke Dr your new home today.

Details

Property type

Single Family Residence

Est. home value

$458,772

Lot size

8,059 sq ft

Price per sq ft

$270

Year built

2005

Annual property taxes

$1,460.91

HOA fee

$625

Price History

07/02/2024
NorthCarolinaRegional

NorthCarolinaRegional #100446349

Price change
$515,000
-2.83%
06/18/2024
NorthCarolinaRegional

NorthCarolinaRegional #100446349

Listed
$530,000
06/08/2024
NorthCarolinaRegional

NorthCarolinaRegional #100446349

Removed
$530,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$250,235
Asking price
$515,000
Closing costs (~8% of asking)
-$41,200
Est. remaining loan balance
-$223,565
Cash to seller
$250,235

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

Seller’s Loan History

Lender

Alpha Mortgage Corp

Loan start date

July 2020

Original loan amount

$244,000

Est. remaining balance

$223,565

Interest rate

3.28%

Loan type

New Conventional, 30 year

Seller

Megan Marquis Jan Stein and Christin Kolb

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?

Similar Homes Nearby

Price drop
NorthCarolinaRegional
$529,000
3 bd
|
2.5 ba
|
2,422 sq ft
|
House

333 Palmer Way, Wilmington, NC 28412

Price drop
NorthCarolinaRegional
$468,000
3 bd
|
2 ba
|
1,913 sq ft
|
House

425 Lehigh Road, Wilmington, NC 28412

NorthCarolinaRegional
$485,000
3 bd
|
3.5 ba
|
1,935 sq ft
|
Townhouse

808 Blanche Avenue Unit Unit 2, Carolina Beach, NC 28428

Status: Active

Tomo last checked: 07/04/2024 at 11:10 PM

Listing updated: 07/02/2024 at 3:39 PM

Listed by: McKay Stein, Coldwell Banker Sea Coast Advantage-CB Phone #: (910) 458-4401

MLS: NorthCarolinaRegional #100446349

NorthCarolinaRegional logo

Recently listed in Wilmington

$490,000|4 bd|2.5 ba|House
$499,000|4 bd|2.0 ba|House
$329,900|3 bd|2.0 ba|House
$397,500|2 bd|2.5 ba|Townhouse
$174,500|3 bd|2.0 ba|Manufactured
$624,900|4 bd|2.5 ba|House
$1,495,000|4 bd|2.5 ba|House
$609,000|3 bd|2.0 ba|House