tomo logo

$399,000

Beds
3
Baths
2.5
sq ft
2,544

16 Gillon Ln, Elgin, SC 29045

16 Gillon Ln

Elgin, SC 29045

  • 45 days on market
    • Price drop $13,000↓
$5000 Paint allowance - Sellers is in the process of replacing upstairs carpet- until carpet is installed buyer has option to pick carpet with up to 2500 carpet allowance. Come check out this Charleston-style home on a corner lot in the Village at Wood Creek Farms. It is located just minutes from Wood Creek Farms Golf Course and Country Club that includes top notch amenities. This home has a large primary suite located on the main floor with walk-in closets, private shower, and a garden tub. Enjoy your morning coffee on one of the multiple covered porches facing the beautiful neighborhood park.

Details

Property type

Single Family Residence

Est. home value

$391,853

Lot size

5,227 sq ft

Price per sq ft

$157

Year built

2004

Monthly HOA fee

$96.67

Price History

08/06/2024
ColumbiaSC

ColumbiaSC #590103

Price change
$399,000
-3.16%
07/25/2024
ColumbiaSC

ColumbiaSC #590103

Listed
$412,000
+3%
01/28/2024
ColumbiaSC

ColumbiaSC #575481

Removed
$400,000

Schools & Community

Elementary school: 

Catawba Trail

Middle school: 

Summit

High school: 

Spring Valley

School district: 

Richland Two

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

$80,998
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$286,082
Cash to seller
$80,998

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

Seller’s Loan History

Lender

Resource Financial Services Inc

Loan start date

June 2021

Original loan amount

$307,200

Est. remaining balance

$286,082

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Graham G Fortson and Scott Fortson

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?

Similar Homes Nearby

Price drop
ColumbiaSC
$399,900
3 bd
|
2.5 ba
|
2,541 sq ft
|
House

1235 Beechfern Cir, Elgin, SC 29045

Pending
ColumbiaSC
$399,900
3 bd
|
2.5 ba
|
2,500 sq ft
|
House

15 Foxhill Ct, Columbia, SC 29223

ColumbiaSC
$354,900
3 bd
|
2.5 ba
|
2,488 sq ft
|
House

104 Park Springs Rd, Columbia, SC 29223

Status: Active

Tomo last checked: 09/07/2024 at 9:40 PM

Listing updated: 08/29/2024 at 8:09 AM

Listed by: Alex B Hopkins, BHHS Midlands Real Estate

MLS: ColumbiaSC #590103

ColumbiaSC logo

Recently listed in Elgin

$179,900|3 bd|2.0 ba|Manufactured
$319,500|4 bd|2.0 ba|House
$299,900|5 bd|3.5 ba|House
$199,999|3 bd|2.0 ba|House
$245,000|3 bd|2.0 ba|House
$280,777|4 bd|2.5 ba|House
$281,900|3 bd|2.0 ba|House
$724,900|5 bd|3.5 ba|House
$775,000|4 bd|4.5 ba|House
$302,765|4 bd|3.0 ba|House