Description: BID FOR DOWNPAYMENT"Investment Quality" (.32 ACRE) Wooded Double Lot inthe CAPE COLONY, NC Boating & Fishing Community This is the lot you need in your real estate portfolio !___________________________________________________ You are bidding on the full down payment 48 MONTH ZERO INTEREST FINANCING AVAILABLE NOW !!!!!Financed price for this lot is $11,500.00 Payments will be split evenly for up to 48 months minus whatever the down-payment ends up being. Discounted buy it now price is $10,500.00 Example: Down-payment = $500 Sales price $11,500.00- $500.00 = $11,000.00 $11,000 divided by 48 months = $229.17 per month No interest !No Credit Check - Everybody qualifies !No prepayment penalty - make higher payments and pay off the loan faster !Deed to transfer after all payments are made - seller will assist buyer with closing transaction with a local real estate attorney. Buyer to pay closing costs upon loan payoff. All Future Property Taxes ($32 per year - 2024 rate) and Cape Colony HOA ($20 per year) will be the responsibility of the buyer. NOTE: Bidders should perform all due diligence and ensure they have sufficient funds to close on this transaction prior to bidding. All sales are final. Please bid ONLY if you intend to follow through with the sale. I must hear from the winning bidder within 48 hours of closing or a non-paying bidder case will be opened with EBay and negative feedback will follow. If you have less than 10 positive feedback, you must contact me prior to bidding or your bid will be removed. __________________________________________________________________________ LOT DESCRIPTIONThe community is in southern Chowan County, on the northeast bank of the tidal Chowan River. The community is in southern Chowan County, on the northeast bank of the tidal Chowan River. It is bordered to the east by North Carolina State Highway 94, with Northeastern Regional Airport across the highway. Cape Colony is 5 miles (8 km) by road south of the center of Edenton, the county seat. River. It is bordered to the east by North Carolina State Highway 94, with Northeastern Regional Airport across the highway. Cape Colony is 5 miles (8 km) by road south of the center of Edenton, the county seat. Affordable waterfront community lot! This wonderful double lot is ready for YOU! Just 5 miles outside Historic Downtown Edenton this lot is a great spot for a weekend getaway or your primary home! Community is on the Albemarle Sound and is great for kayaks and fishing. Neighborhood offers Sound front park with playground and beach as a well as a boat ramp. This one WONT last! Beautiful wooded double lot (.32 acres) in water front / water access community! Neighborhood offers community beach, park, dock space rental, boat ramp, picnic areas with grills. HOA Dues for this property are only $20 per year and allows you access to all the amenities. Don't miss this investment quality lot. ZERO PERCENT OWNER FINANCING AVAILABLE FOR UP TO 48 MONTHS ! No prepayment penalty - zero interest owner financingModular homes are OK - minimum size 560 sq. ft. (great for TINY HOME with county permits) Taxes are current - only $32 per year ($16 each lot) HOA fee only $20 per year provides access to beach club, boat ramps and fishing piers Dock space rental is an extra fee - contact Cape Colony HOACommunity events year roundReady to build or hold for investmentVibrant established community 10 minutes to beautiful historic Edenton NC - voted as one of America's prettiest towns by Forbes magazine.The lot is zoned as single family residential by Chowan County NC__________________________________________________________________ This is a desirable neighborhood to enjoy the Coastal Carolina lifestyle. Put this in your investment portfolio for security from the wild ride in the current stock market and economy. Eligible for investment by your self-directed IRA. _____________________________ Cape Colony waterfront canal - perfect for tine home (560 sq. ft. minimum size required) _____________________________________ Downtown Edenton NC Downtown Edenton Waterfront Downtown Edenton - Old time Movie Theater Build now or build later - it's your choice as there is no time limit to build! I am the owner of this lot - not a Realtor or Broker. Property is currently owned free and clear with clean title. Don't miss your chance at this beautiful lot in a wonderful established area. This is a binding agreement to purchase this property. DISCLAIMER: All information contained in this listing is to the best of my knowledge and also from county records. Good luck and happy bidding ! Info for the Winning Bidder: After auction end, please provide me with the name(s) you would like to have the property and loan note made out to. Also, please advise as to which financing option you would like to have (any loan term up to 48 months is acceptable and will be at zero interest as described in the listing) If you would like to put down more of a down-payment and reduce your payments, that is acceptable. For the winning bidder that would also like to avail themselves of the original "buy it now" price, this is acceptable for a "reduced" full cash purchase. Please don't hesitate to ask any questions you may have on the property or the financial terms. Please do your due diligence - this is a binding purchase Regards and happy bidding.
Price: 100 USD
Location: Edenton, North Carolina
End Time: 2024-12-28T21:42:54.000Z
Shipping Cost: N/A USD
Product Images
Item Specifics
Seller State of Residence: North Carolina
Property Address: 507 / 509 White Oak Drive
Type: Homesite, Lot
Zip/Postal Code: 27932
Zoning: Residential
City: EDENTON
State/Province: North Carolina