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$179,900

Beds
2
Baths
2.0
sq ft
914

1290 River Oaks Dr Unit 7, Myrtle Beach, SC 29579

1290 River Oaks Dr Unit 7

Myrtle Beach, SC 29579

  • 367 days on market
    • Price drop $9,100↓
Welcome to the Fairways at River Oaks! This charming 2 bedroom, 2 bath move in ready unit is truly a gem, move-in ready and all on the 1st Floor!! The open concept living area blends seamlessly with the dining space, providing a versatile and spacious layout for entertaining family and friends. The well appointed kitchen is complete with appliances, all kitchen necessities, and a breakfast bar, perfect for morning coffee or quick meals on the go, there is also a nice sized pantry and a large closet so storage is never an issue in this unit! The master bedroom offers a relaxing space with its own ensuite bathroom and walk in closet, providing convenience and privacy. The 2nd bedroom is an equally charming space allowing flexibility and privacy for your guests. As an added benefit, this condo allows owners to capitalize on the thriving vacation rental market, as short-term rentals are permitted. Lastly if you're up for a dip there's a community pool along with 2 hot tubs and a grilling area for you to enjoy. The unit is just a short drive to world-class golf courses, beautiful beaches, breathtaking sunsets, upscale or laid back dining establishments, along with all of the other wonderful things Myrtle Beach has to offer. Don't miss this unique opportunity to own a "1st floor" two-bedroom condo in The Fairways at River Oaks.

Details

Property type

Condominium

Est. home value

$204,850

Lot size

Unknown

Price per sq ft

$197

Year built

1999

Monthly HOA fee

$308

Price History

09/05/2024
MyrtleBeach

MyrtleBeach #2323143

Price change
$179,900
-4.81%
07/11/2024
MyrtleBeach

MyrtleBeach #2323143

Price change
$189,000
-4.06%
03/11/2024
MyrtleBeach

MyrtleBeach #2323143

Price change
$197,000
-7.6%

Schools & Community

Elementary school: 

River Oaks Elementary

Middle school: 

Ocean Bay Middle School

High school: 

Carolina Forest 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

$20,143
Asking price
$179,900
Closing costs (~8% of asking)
-$14,392
Est. remaining loan balance
-$145,365
Cash to seller
$20,143

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

September 2023

Original loan amount

$147,000

Est. remaining balance

$145,365

Interest rate

6.96%

Loan type

New Conventional, 30 year

Seller

Sam Nainan and S Lizy

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: 11/14/2024 at 11:30 AM

Listing updated: 09/05/2024 at 8:48 AM

Listed by: My Grande Team, INNOVATE Real Estate Phone #: (843) 839-1649

MLS: MyrtleBeach #2323143

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