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$775,000

Beds
4
Baths
2.0
sq ft
1,576

16 Oleander St, Hilton Head Island, SC 29928

16 Oleander St

Hilton Head Island, SC 29928

  • 262 days on market
    • Price drop $24,900↓
Nestled in Hilton Head's Folly Field beach area, this home offers coastal living within walking distance to the beach. Inside find modern comfort with spacious living areas and a fully equipped kitchen. Retreat to the bedrooms and wake up to the gentle sea breeze on the private patio. Outside, lush grounds and a fenced yard await. Perfect for a short-term escape, indulge in the island's beauty and relaxation. This home is currently managed with Sea Turtle Vacation Rental as a short-term rental home. Recent updates include new roof, HVAC, water heater, flooring, doors, and more!

Details

Property type

Single Family Residence

Est. home value

$919,839

Lot size

Unknown

Price per sq ft

$492

Year built

1958

Price History

09/16/2024
HiltonHeadI

HiltonHeadI #443226

Price change
$775,000
-3.11%
08/12/2024
HiltonHeadI

HiltonHeadI #443226

Price change
$799,900
-3.04%
04/04/2024
HiltonHeadI

HiltonHeadI #443226

Listed
$825,000
+62.56%

Schools & Community

Neighborhood: 

Port Royal

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$359,598
Asking price
$775,000
Closing costs (~8% of asking)
-$62,000
Est. remaining loan balance
-$353,402
Cash to seller
$359,598

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

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

September 2021

Original loan amount

$380,625

Est. remaining balance

$353,402

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Christopher Hamel and Jessica Hamel

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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30 Wimbledon Ct Unit 13A, Hilton Head Island, SC 29928

Status: Active

Tomo last checked: 12/22/2024 at 7:00 AM

Listing updated: 09/16/2024 at 10:45 AM

Listed by: Christopher Hamel, EXP Realty, LLC Phone #: (888) 440-2798

MLS: HiltonHeadI #443226

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