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$1,095,000

Beds
3
Baths
3.0
sq ft
1,964

31 S Forest Beach Dr Unit 30, Hilton Head Island, SC 29928

31 S Forest Beach Dr Unit 30

Hilton Head Island, SC 29928

  • Pending
    • Price drop $55,000↓
Steps to the beach from this fabulous ocean side and spacious villa. Enjoy the roof top deck for sunning and ocean breezes. Beautifully updated and furnished, new appliance package, and is move in ready. Enjoy 3 generous bedrooms and 3 full private bathrooms. Ocean Club is a lower density community and provides a private pool and gated community. Walk to shoppes, dining, tennis and all south end amenities. An established rental program makes this a perfect opportunity to enjoy ocean living while receiving income. $61,077 to date in 2024 rental income! Best 3 bedroom oceanfront opportunity!

Details

Property type

Condominium

Est. home value

$1,236,333

Lot size

Unknown

Price per sq ft

$558

Year built

1972

HOA fee

$926

Price History

11/07/2024
HiltonHeadI

HiltonHeadI #446652

Pending
$1,095,000
10/28/2024
HiltonHeadI

HiltonHeadI #446652

Price change
$1,095,000
-4.78%
08/10/2024
HiltonHeadI

HiltonHeadI #446652

Listed
$1,150,000
-4.09%

Schools & Community

Neighborhood: 

Forest Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$499,154
Asking price
$1,095,000
Closing costs (~8% of asking)
-$87,600
Est. remaining loan balance
-$508,246
Cash to seller
$499,154

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

June 2021

Original loan amount

$548,000

Est. remaining balance

$508,246

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Tyler Daniel Slabaugh and Jessica R Slabaugh

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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5 Bittern St, Hilton Head Island, SC 29928

Status: Pending/Under Contract

Tomo last checked: 11/08/2024 at 7:10 AM

Listing updated: 11/07/2024 at 4:40 PM

Listed by: Les Jones, Charter One Realty Phone #: (843) 785-4460

MLS: HiltonHeadI #446652

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