tomo logo

$499,000

Beds
2
Baths
2.0
sq ft
1,098

209 Little Oak Dr, Folly Beach, SC 29439

209 Little Oak Dr

Folly Beach, SC 29439

  • 200 days on market
    • Price drop $11,000↓
Welcome to 209 Little Oak Dr. on the beautiful gated community of Little Oak Island. This condo offers granite countertops, stainless appliances, ceramic tile throughout with luxury plank flooring in the sunroom. The numerous windows invite an abundance of natural light and offer breathtaking views of the wildlife that called this island home. Two bedrooms and two full baths, all on one level. Being on the first floor enjoys unique opportunity to access the lake side from the back deck. This gated community is approx a 1 mile walk or bike ride to downtown Folly with incredible views along the way. Amenities include a community, dock, pool, tennis courts, and more.

Details

Property type

Condominium

Est. home value

$491,468

Lot size

Unknown

Price per sq ft

$455

Year built

1983

Annual property taxes

$948

Monthly HOA fee

$209.48

Price History

08/15/2024
CTAR

CTAR #24005250

Price change
$499,000
-2.16%
06/20/2024
CTAR

CTAR #24005250

Price change
$510,000
-2.86%
05/13/2024
CTAR

CTAR #24005250

Price change
$525,000
-4.55%

Schools & Community

Elementary school: 

James Island

Middle school: 

Camp Road

High school: 

James Island Charter

Community features: 

Gated, Tennis Court(s)

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

$340,557
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$118,523
Cash to seller
$340,557

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

June 2013

Original loan amount

$160,800

Est. remaining balance

$118,523

Interest rate

3.4%

Loan type

New Conventional, 30 year

Seller

Gerhardine Sineath and Gerhardine T Sineath

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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Price drop
CTAR
$570,000
2 bd
|
2 ba
|
Condo

220 Little Oak Island Dr, Folly Beach, SC 29439

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CTAR
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Condo

142 W Mariners Cay Dr, Folly Beach, SC 29439

Status: Active

Tomo last checked: 09/17/2024 at 11:25 PM

Listing updated: 08/24/2024 at 5:13 AM

Listed by: Jay Costa, Carolina One Real Estate Phone #: (843) 795-7810

MLS: CTAR #24005250

CTAR logo

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