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$489,000

Beds
1
Baths
2.0
sq ft
752

918 North New River Drive Unit 116, Surf City, NC 28445

918 North New River Drive Unit 116

Surf City, NC 28445

  • 12 days on market
Wake up to breathtaking sunrises and the soothing sound of waves at this direct oceanfront condo in Surf City! Unit 116 offers the perfect coastal retreat, featuring uninterrupted ocean views and covered parking—a rare and valuable convenience. Making this unit the perfect coastal retreat or lucrative investment. Enjoy resort-style coastal living with beach access, community pool, nearby dining, shopping, and local attractions—all while waking up to the sound of crashing waves! Inside, the open floor plan is designed for comfort and functionality, featuring two Murphy beds to maximize space and accommodate extra guests. The primary suite features a king bed and tiled shower. This unit is a proven income producer, bringing in over $43K in rental income in 2024—a fantastic opportunity for investors or those seeking a vacation home that pays for itself! Whether you're looking for a turnkey investment, vacation getaway, or year-round paradise, this condo offers the best of coastal living and rental potential.

Details

Property type

Condominium

Est. home value

$448,441

Lot size

Unknown

Price per sq ft

$651

Year built

1985

Annual property taxes

$2,142.97

HOA fee

$7,378.32

Price History

03/22/2025
NorthCarolinaRegional

NorthCarolinaRegional #100496069

Listed
$489,000
+17.83%
10/25/2022
NorthCarolinaRegional

NorthCarolinaRegional #100355099

Sold
$415,000

Schools & Community

Elementary school: 

Surf City

Middle school: 

Surf City

High school: 

Topsail

Community features: 

Pool

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

$154,853
Asking price
$489,000
Closing costs (~8% of asking)
-$39,120
Est. remaining loan balance
-$295,027
Cash to seller
$154,853

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

Seller’s Loan History

Lender

Captial Center Llc

Loan start date

May 2022

Original loan amount

$310,000

Est. remaining balance

$295,027

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Jesse Steven Briscoe

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?

Status: Active

Tomo last checked: 04/03/2025 at 12:10 PM

Listing updated: 03/24/2025 at 2:46 PM

Listed by: Kylie Uzzell Parkhurst, Better Homes and Gardens Real Estate Treasure Phone #: (910) 327-4444

MLS: NorthCarolinaRegional #100496069

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