tomo logo

$250,000

Beds
3
Baths
2.0
sq ft
1,342

8240 Highway 70, Newport, NC 28570

8240 Highway 70

Newport, NC 28570

  • 202 days on market
We are back on the market! The Square Footage with 7' ceilings is 1342sf with an additional 319sf with ceilings less than 7'. Great use was made of this area by adding a 3rd bedroom, a full bath and mud room with a laundry closet off the hallway. A new HVAC, Well, Water Pump, Plumbing and front Porch were added in 6/2023. Recent updates also include new appliances (6/2023) with a butcher block breakfast bar, LVP flooring and paint. The garage is detached with the paved driveway running from the street to the garage and to the home which allows for a turnaround access to Hwy 70. You are not able to hear traffic noise inside the home. Great location whether you are heading to work or the beach! Property is on a month to month lease. The rental income is $2205.00 per month. The rent includes pet rent which is 2.5% of $2100.00 for 2 pets.

Details

Property type

Single Family Residence

Est. home value

$260,904

Lot size

0.48 acres

Price per sq ft

$187

Year built

1950

Annual property taxes

$477.52

Price History

09/05/2024
NorthCarolinaRegional

NorthCarolinaRegional #100430460

Listed
$250,000
06/08/2024
NorthCarolinaRegional

NorthCarolinaRegional #100430460

Removed
$250,000
03/01/2024
NorthCarolinaRegional

NorthCarolinaRegional #100430460

Listed
$250,000
+150%

Schools & Community

Elementary school: 

Newport

Middle school: 

Newport

High school: 

Unknown

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

Bpl Mortgage Trust Llc

Loan start date

October 2023

Original loan amount

$183,750

Est. remaining balance

Not provided

Interest rate

7.12%

Loan type

Commercial

Seller

Grand Home Buyers Llc

Lender

Blue Gate Capital Llc

Loan start date

April 2023

Original loan amount

$120,125

Est. remaining balance

Not provided

Interest rate

6.32%

Loan type

Commercial, 1 year

Seller

Grand Home Buyers Llc

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: 09/18/2024 at 9:50 PM

Listing updated: 09/05/2024 at 6:27 PM

Listed by: Stefanie Bailey, First Carolina Realtors Phone #: (252) 447-7900

MLS: NorthCarolinaRegional #100430460

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