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$385,000

Beds
2
Baths
2.0
sq ft
1,069

3 Cedar Reef Dr Unit E204, Saint Helena Island, SC 29920

3 Cedar Reef Dr Unit E204

Saint Helena Island, SC 29920

  • 197 days on market
''Experience the ultimate coastal lifestyle at this stunning condo nestled in the sought-after enclave of Cedar Reef Drive. Boasting an enviable address just steps from the sun-kissed shores, Unit E204 presents a rare opportunity for discerning buyers seeking a primary residence, lucrative investment, or idyllic second home retreat.Embrace the tranquility of seaside living as you enter this meticulously crafted abode, where modern elegance harmonizes with timeless coastal charm. Bathed in natural light, the spacious interior beckons with an open-concept layout, offering seamless transitions between the living, dining, and kitchen areas.Unwind in style in the comfort of two generously sized bedrooms, including a luxurious master suite complete with a private ensuite bath andbath and breathtaking views of the azure coastline. Step outside onto your private balcony and indulge in panoramic vistas of the shimmering ocean, where gentle sea breezes create an ambiance of relaxation and rejuvenation. Conveniently located in the heart of Saint Helena, this condo affords easy access to a myriad of amenities, including boutique shops, gourmet restaurants, and recreational activities. For investors seeking lucrative opportunities, this property offers the flexibility of short-term rentals, including Airbnb, allowing for substantial rental income potential. Don't miss your chance to own a slice of paradise on Cedar Reef Drive. Schedule your private tour today and discover coastal living at its finest!" A $1500 lender credit is available and will be applied towards the buyer's closing costs and pre-paids if the buyer chooses to use the seller's preferred lender. This credit is in addition to any negotiated seller concessions.

Details

Property type

Condominium

Est. home value

$396,144

Lot size

Unknown

Price per sq ft

$361

Year built

1980

Annual property taxes

$5,267.63

Price History

06/10/2024
CTAR

CTAR #24011697

Listed
$385,000
05/24/2024
CTAR

CTAR #24011697

Removed
$385,000
05/08/2024
CTAR

CTAR #24011697

Listed
$385,000
-1.28%

Schools & Community

Elementary school: 

Out of Area

Middle school: 

Out of Area

High school: 

Out of Area

Community features: 

Clubhouse, Fitness Center, Gated, Park, Pool, 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

$39,039
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$315,161
Cash to seller
$39,039

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

Seller’s Loan History

Lender

Ameris Bank

Loan start date

March 2022

Original loan amount

$331,550

Est. remaining balance

$315,161

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Bethany M Robinson and Richard F Robinson Jr

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?

Status: Active

Tomo last checked: 11/22/2024 at 7:30 AM

Listing updated: 08/23/2024 at 5:54 AM

Listed by: Suzy Torres, Carolina One Real Estate Phone #: (843) 285-3950

MLS: CTAR #24011697

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