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$4,495,000

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

  • 41 days on market
Spectacular 6 BD | 6½ BA 2nd-row corner home facing the ocean on Armada in Palmetto Dunes. Located across from beach walkway. LVL 1: den, bunk bedroom 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 area, dining rm, eat-in kitchen/bar, living rm w/ fireplace, powder rm, Mstr ensuite w/ steam shower. 3-stop elevator. Huge garage w/ multiple storage areas. 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

$830

Year built

2003

Price History

05/25/2024
HiltonHeadI

HiltonHeadI #444778

Listed
$4,495,000
05/22/2024
HiltonHeadI

HiltonHeadI #439986

Removed
$4,495,000
04/26/2024
HiltonHeadI

HiltonHeadI #439986

Price change
$4,495,000
-5.37%

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

$3,005,400
Asking price
$4,495,000
Closing costs (~8% of asking)
-$359,600
Est. remaining loan balance
-$1,130,000
Cash to seller
$3,005,400

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

$1,130,000

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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Status: Active

Tomo last checked: 07/05/2024 at 12:00 AM

Listing updated: 05/26/2024 at 8:44 AM

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

MLS: HiltonHeadI #444778

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