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$1,399,000

Beds
4
Baths
4.5
sq ft
2,814

25 Hammock Breeze Way, Hilton Head Island, SC 29926

25 Hammock Breeze Way

Hilton Head Island, SC 29926

  • 11 days on market
    • Open house Jul 10
Rise to breathtaking ocean sunrises from the four porches of this beach-adjacent, Ocean Oriented new home built in 2021. Boasting $150K in interior upgrades, it comes fully furnished with $95K worth of sophisticated Coastal decor. Enjoy the seclusion of your personal boardwalk to the beach, currently under construction in this charming gated community, which also offers the potential to generate $100K in short-term rental income accomodating up to 16 guests. The home is above the flood zone allowing room to add another bedroom, bathroom or media room to lower level. This residence captures the quintessence of luxurious coastal living.

Details

Property type

Single Family Residence

Est. home value

$976,013

Lot size

Unknown

Price per sq ft

$498

Year built

2021

Price History

06/21/2024
HiltonHeadI

HiltonHeadI #445439

Listed
$1,399,000
+157.62%
06/03/2021
HiltonHeadI

HiltonHeadI #404283

Sold
$543,039.33

Schools & Community

Neighborhood: 

Palmetto Hall

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

$880,737
Asking price
$1,399,000
Closing costs (~8% of asking)
-$111,920
Est. remaining loan balance
-$406,343
Cash to seller
$880,737

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

Seller’s Loan History

Lender

K Hovnanian American Mortgage Llc

Loan start date

May 2021

Original loan amount

$434,400

Est. remaining balance

$406,343

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Mark Alan Aulabaugh and Jennifer Ann Aulabaugh

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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Status: Active

Tomo last checked: 07/02/2024 at 7:50 PM

Listing updated: 06/27/2024 at 8:53 AM

Listed by: Shelly Gentile, Weichert Realtors Coastal Properties Phone #: (843) 341-3700

MLS: HiltonHeadI #445439

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