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$450,000

Beds
2
Baths
2.0
sq ft
982

137 Cordillo Pkwy Unit 7204, Hilton Head Island, SC 29928

137 Cordillo Pkwy Unit 7204

Hilton Head Island, SC 29928

  • Pending
This wonderful two-bedroom, two-bath Treetop villa is perfect as a primary residence, second home, or income-producing rental, with great short-term rental potential projected to generate $43,000. The beautiful screened-in patio offers refreshing ocean breezes, enhancing the property's appeal. Located just a short bike ride or walk from the stunning Atlantic Ocean and popular shopping and restaurants, this villa offers both convenience and charm. Enjoy the on-site amenities, including access to 3 pools and tennis courts. Washer and dryer are conveniently in the unit. Plus, pets are allowed, making it ideal for pet owners.

Details

Property type

Condominium

Est. home value

$444,789

Lot size

Unknown

Price per sq ft

$459

Year built

1987

Price History

01/20/2025
HiltonHeadI

HiltonHeadI #449775

Pending
$450,000
01/13/2025
HiltonHeadI

HiltonHeadI #449775

Listed
$450,000
+69.81%
12/02/2020
HiltonHeadI

HiltonHeadI #407740

Sold
$265,000

Schools & Community

Neighborhood: 

Forest Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$221,313
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$192,687
Cash to seller
$221,313

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

Seller’s Loan History

Lender

Intercoastal Mortgage

Loan start date

November 2020

Original loan amount

$212,000

Est. remaining balance

$192,687

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Michael P Sullivan and Cynthia P Sullivan

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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42 S Forest Beach Dr Unit 3035, Hilton Head Island, SC 29928

Status: Pending/Under Contract

Tomo last checked: 01/22/2025 at 10:20 PM

Listing updated: 01/21/2025 at 4:59 PM

Listed by: Steven Wood Team, Century 21 Diamond Realty Phone #: (843) 706-2162

MLS: HiltonHeadI #449775

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