tomo logo

$1,845,000

Beds
6
Baths
6.5
sq ft
5,491

19 Burkes Beach Rd, Hilton Head Island, SC 29928

19 Burkes Beach Rd

Hilton Head Island, SC 29928

  • 91 days on market
    • Price drop $50,000↓
Just down the street from one of Hilton Head Island's best beaches, this Charleston style home is perfectly located and has strong rental income projections. Offering reclaimed wood floors, stained glass windows, 12' ceilings featuring crown molding, & a kitchen perfect for entertaining! Home boasts an oversized living space, theatre room, elevator & private, heated pool/spa perfect for you or guests to relax & enjoy the southern summers. Chaplin Park is across the street offering a dog park, tennis, basketball & playground. The wonderful beaches of HHI are so close you can smell the salt air! Gross rentals projected at $180,000-don't miss!

Details

Property type

Single Family Residence

Est. home value

$2,326,780

Lot size

Unknown

Price per sq ft

$337

Year built

2001

Price History

06/17/2024
HiltonHeadI

HiltonHeadI #443498

Price change
$1,845,000
-2.64%
05/28/2024
HiltonHeadI

HiltonHeadI #443498

Price change
$1,895,000
-5.01%
04/05/2024
HiltonHeadI

HiltonHeadI #443498

Listed
$1,995,000
+37.59%

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

$1,402,682
Asking price
$1,845,000
Closing costs (~8% of asking)
-$147,600
Est. remaining loan balance
-$294,718
Cash to seller
$1,402,682

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

Seller’s Loan History

Lender

Coastalstates Mortgage Inc

Loan start date

July 2021

Original loan amount

$314,428

Est. remaining balance

$294,718

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Shutin W Stirlen

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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73 Sandcastle Ct, Hilton Head Island, SC 29928

Status: Active

Tomo last checked: 07/04/2024 at 10:55 PM

Listing updated: 06/29/2024 at 2:13 PM

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

MLS: HiltonHeadI #443498

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