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$1,049,000

Beds
3
Baths
4.0
sq ft
3,086

16 Loomis Ferry Rd, Hilton Head Island, SC 29928

16 Loomis Ferry Rd

Hilton Head Island, SC 29928

  • 77 days on market
    • Price drop $100,000↓
The perfect on-the-water oasis, this newly renovated home has an open floor plan with a pool and lagoon view. With over 3,000 square feet, you can feel the spaciousness with vaulted ceilings in the living room and oversized bedrooms, each with a private ensuite. The kitchen flows into a formal sitting area/dining area, perfect for entertaining. Additional loft area perfect for an office. Nestled in the prestigious gated golf community of Long Cove, you can take advantage of Long Cove's luxurious amenities, or your own personal amenities -- your own private pool with a cocktail pool feature surrounded by nature. Sold AS IS & Highly Motivated.

Details

Property type

Single Family Residence

Est. home value

$1,090,923

Lot size

Unknown

Price per sq ft

$340

Year built

1988

Price History

06/28/2024
HiltonHeadI

HiltonHeadI #443851

Price change
$1,049,000
-8.7%
06/14/2024
HiltonHeadI

HiltonHeadI #443851

Price change
$1,149,000
-7.71%
06/04/2024
HiltonHeadI

HiltonHeadI #443851

Price change
$1,245,000
-3.86%

Schools & Community

Neighborhood: 

Long Cove

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

$196,281
Asking price
$1,049,000
Closing costs (~8% of asking)
-$83,920
Est. remaining loan balance
-$768,799
Cash to seller
$196,281

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

Seller’s Loan History

Lender

Sprout Mortgage Llc

Loan start date

March 2022

Original loan amount

$804,000

Est. remaining balance

$768,799

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Sofja Freeman and Christine Freeman

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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12 Gloucester Rd, Hilton Head Island, SC 29928

Status: Active

Tomo last checked: 07/04/2024 at 10:45 PM

Listing updated: 06/28/2024 at 9:43 AM

Listed by: Jordan Knight, Moul, REALTORS® Phone #: (843) 321-8007

MLS: HiltonHeadI #443851

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