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

  • Pending
    • Price drop $255,000↓
Price to sell ASAP—perfect for a new owner to upgrade & refresh! This 6 BD | 6½ BA 2nd-row corner home in Palmetto Dunes offers easy beach access. Level 1: Den, hidden bunk BR behind a paneled wall, kitchenette w/ bar seating, pool bath, laundry rm & 4 BR | 4 BA. The raised pool & outdoor entertainment area, street-side for privacy, features covered dining/lounge spaces, a poolside wet bar & grill. Level 2: Outdoor dining, dining rm, eat-in kitchen/bar, living rm w/ fireplace, powder rm, and Master ensuite w/ steam shower. 3-stop elevator. Expansive garage w/ ample storage. Rear & half-circle front driveways. 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

02/21/2025
HiltonHeadI

HiltonHeadI #444778

Pending
$3,995,000
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%

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

$2,565,146
Asking price
$3,995,000
Closing costs (~8% of asking)
-$319,600
Est. remaining loan balance
-$1,110,254
Cash to seller
$2,565,146

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

$1,110,254

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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HiltonHeadI
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155 Mooring Buoy, Hilton Head Island, SC 29928

Status: Pending/Under Contract

Tomo last checked: 02/24/2025 at 4:15 PM

Listing updated: 02/21/2025 at 4:50 PM

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

MLS: HiltonHeadI #444778

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