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$719,900

Beds
4
Baths
4.0
sq ft
2,064

304 42nd Ave N, North Myrtle Beach, SC 29582

304 42nd Ave N

North Myrtle Beach, SC 29582

  • Pending
    • Price drop $30,000↓
Beautiful OPEN floor plan Channel Home is ready for you for a second home or great rental investment property and it's a ONE block from the BEACH! Located a short walk from the center of Cherry Grove with everything you need: Restaurants, beach bars, shopping and Fun. NO HOA! There is a floating dock on the channel and the channel was dredged in 2023. This home is being sold fully furnished with washer/dryer, vaulted ceilings, Granite counters, new cabinets in Kitchen and baths and Stainless appliances Owner has added 3 additional bathrooms (1 full and 2 Half) so now it makes 3 master suites. UPGRADES: windows 2021, electric service updated 2018, hot water heater 2020 and Metal roof in 2019 and Window unit AC in Utility room/ half bath on first floor level. The Heavy lifting is done come view this property to see all it's full potential.

Details

Property type

Single Family Residence

Est. home value

$736,324

Lot size

5,227 sq ft

Price per sq ft

$349

Year built

1970

HOA

Yes

Price History

11/14/2024
MyrtleBeach

MyrtleBeach #2416347

Pending
$719,900
11/09/2024
MyrtleBeach

MyrtleBeach #2416347

Price change
$719,900
-4%
07/09/2024
MyrtleBeach

MyrtleBeach #2416347

Listed
$749,900
+8.84%

Schools & Community

Elementary school: 

Ocean Drive Elementary

Middle school: 

North Myrtle Beach Middle School

High school: 

North Myrtle Beach High School

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

$483,162
Asking price
$719,900
Closing costs (~8% of asking)
-$57,592
Est. remaining loan balance
-$179,146
Cash to seller
$483,162

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

Seller’s Loan History

Lender

Anderson Brothers Bank

Loan start date

May 2014

Original loan amount

$228,000

Est. remaining balance

$179,146

Interest rate

4.4%

Loan type

New Conventional, 30 year

Seller

Andrea R Griffin and Thomas E Griffin 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?

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Status: Pending/Under Contract

Tomo last checked: 11/22/2024 at 4:00 AM

Listing updated: 11/14/2024 at 3:05 PM

Listed by: Dawn Crans, Palmetto Coastal Homes Phone #: (843) 213-1589

MLS: MyrtleBeach #2416347

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