tomo logo

$3,995,000

Beds
6
Baths
6.5
sq ft
5,418

3 Armada St, Hilton Head Island, SC 29928

3 Armada St

Hilton Head Island, SC 29928

  • 211 days on market
    • Price drop $255,000↓
Price to sell ASAP to allow new owner to upgrade & refresh - 6 BD | 6½ BA 2nd-row corner home facing the ocean in Palmetto Dunes. Easy beach walkway access. LVL 1: den, bunk BR behind paneled wall, kitchenette+bar seating, pool bath, laundry rm & 4BR | 4BA. Raised pool/outdoor entertainment area, located LVL 1 street side, offers privacy & incl covered dining/lounging areas & poolside wet bar+grill. LVL 2: outdoor dining, dining rm, eat-in kitchen/bar, living rm w/ fireplace, powder rm, Mstr ensuite w/ steam shower. 3-stop elevator. Huge garage w/ tons of storage. Rear Driveway+half circle driveway streetside. Short walk to resort amenities!

Details

Property type

Single Family Residence

Est. home value

$5,183,816

Lot size

Unknown

Price per sq ft

$738

Year built

2003

Price History

11/24/2024
HiltonHeadI

HiltonHeadI #444778

Price change
$3,995,000
-6%
07/16/2024
HiltonHeadI

HiltonHeadI #444778

Price change
$4,250,000
-5.45%
05/25/2024
HiltonHeadI

HiltonHeadI #444778

Listed
$4,495,000

Schools & Community

Neighborhood: 

Palmetto Dunes

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

$2,560,162
Asking price
$3,995,000
Closing costs (~8% of asking)
-$319,600
Est. remaining loan balance
-$1,115,238
Cash to seller
$2,560,162

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

January 2018

Original loan amount

$1,296,000

Est. remaining balance

$1,115,238

Interest rate

3.9%

Loan type

New Conventional, 30 year

Seller

William T Abraham and Trust Of William T Abraham Dated Septerm

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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22 Bradley Cir, Hilton Head Island, SC 29928

Status: Active

Tomo last checked: 12/22/2024 at 6:55 AM

Listing updated: 11/24/2024 at 11:50 AM

Listed by: Philip Schembra, Schembra Real Estate Group Phone #: (843) 785-2452

MLS: HiltonHeadI #444778

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