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$1,100,000

Beds
3
Baths
2.0
sq ft
2,222

1342 Highway 90, Conway, SC 29526

1342 Highway 90

Conway, SC 29526

  • 79 days on market
Location, location, location - Frontage zoned commercial! Exceptional opportunity to own on BUSY Highway 90 between Conway City Limits and International Blvd, Carolina Forest. (Presently, the frontage portion of this property is vacant land and zone for Commercial Development). This highly traveled portion of Highway 90 has experienced dramatic growth in recent years, in part due to National residential developers/builders in this area, and the close proximity to the ocean. This stretch of Highway 90 is highly traveled with commuters to and from Conway and Myrtle Beach, connecting major arteries (16,500+ traffic count per day). The homes sits in the middle lot on this property. This home was built in 1993 and approximately 5 years ago a metal roof was installed. Included with this sale is a HALO water filtration system, whole house 16kw generator, new energy efficient washer & dryer, new dishwasher & microwave. 2 stage HVAC system, propane tank, heated and cooled carolina room. Endless opportunities for this multi-use zoned property.

Details

Property type

Single Family Residence

Est. home value

$474,251

Lot size

4.62 acres

Price per sq ft

$496

Year built

1993

HOA

Yes

Price History

10/05/2024
MyrtleBeach

MyrtleBeach #2423953

Listed
$1,100,000
+139.18%
09/01/2024
MyrtleBeach

MyrtleBeach #2404899

Removed
$459,900
07/05/2024
MyrtleBeach

MyrtleBeach #2404899

Price change
$459,900
-8%

Schools & Community

Elementary school: 

Waccamaw Elementary School

Middle school: 

Black Water Middle School

High school: 

Carolina Forest High School

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

$726,837
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$285,163
Cash to seller
$726,837

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

Seller’s Loan History

Lender

United Wholesale

Loan start date

April 2022

Original loan amount

$300,000

Est. remaining balance

$285,163

Interest rate

3.89%

Loan type

VA, 30 year

Seller

William R Schuck

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: 12/23/2024 at 6:00 AM

Listing updated: 10/16/2024 at 1:45 PM

Listed by: Kelly Goggin, Realty ONE Group Dockside Phone #: (843) 492-4030

MLS: MyrtleBeach #2423953

MyrtleBeach logo

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