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$400,000

Beds
2
Baths
2.0
sq ft
964

1012 N Waccamaw Dr Unit 1211, Murrells Inlet, SC 29576

1012 N Waccamaw Dr Unit 1211

Garden City Beach, SC 29576

  • 177 days on market
    • Price drop $50,000↓
Welcome to this stunning 2 bedroom 2 bathroom oceanfront unit in Waters Edge Resort. This unit is sure to catch your eye with all the wonderful renovations it has undergone. Waters Edge has a ton to offer including a lounge, hot tubs, exercise facilities, indoor/outdoor pools and so much more. Make this unit your next vacation home or investment opportunity, it can be whatever you need. Don't miss out on this opportunity.

Details

Property type

Condominium

Est. home value

$402,416

Lot size

Unknown

Price per sq ft

$415

Year built

1985

Monthly HOA fee

$1,201

Price History

05/26/2024
MyrtleBeach

MyrtleBeach #2401004

Price change
$400,000
-11.11%
01/12/2024
MyrtleBeach

MyrtleBeach #2401004

Listed
$450,000
+82.93%
04/05/2021
MyrtleBeach

MyrtleBeach #1920655

Sold
$246,000

Schools & Community

Elementary school: 

Seaside Elementary School

Middle school: 

Saint James Middle School

High school: 

Saint James High School

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

$276,598
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$91,402
Cash to seller
$276,598

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

Seller’s Loan History

Lender

Anderson Brothers Bank

Loan start date

April 2021

Original loan amount

$250,000

Est. remaining balance

$91,402

Interest rate

2.73%

Loan type

New Conventional, 5 year

Seller

Johnson Investment Properties

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: 07/07/2024 at 6:50 PM

Listing updated: 05/26/2024 at 9:42 AM

Listed by: Ann Shelley, Palms Realty Phone #: (843) 310-6855

MLS: MyrtleBeach #2401004

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