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$490,000

Beds
2
Baths
2.0
sq ft
1,050

34 S Forest Beach Dr Unit 7A, Hilton Head Island, SC 29928

34 S Forest Beach Dr Unit 7A

Hilton Head Island, SC 29928

  • 298 days on market
    • Price drop $2,900↓
    • Open house Jul 07
This owner-occupied, partially furnished Xanadu Villa is fantastic. It's been meticulously updated and maintained!! Revel in a private 2nd-floor balcony w/ stunning views of the walking trail & lagoon. Boasting 2 spacious bedrooms, each w/ its own bathroom (one en suite) & ample closet space. Fully updated with smooth ceilings, new doors, fresh paint, ceiling fans, elegant moldings, and added closets. Rental investment opportunity with $42,000 projected gross rental income. Gated complex offers fantastic amenities: tennis/pickleball courts, a pool, bike storage, and just a short walk to the beach, Coligny, & Celebration Park. Move-in ready!

Details

Property type

Condominium

Est. home value

$320,603

Lot size

Unknown

Price per sq ft

$467

Year built

1975

HOA fee

$569

Price History

06/15/2024
HiltonHeadI

HiltonHeadI #438727

Price change
$490,000
-0.59%
04/18/2024
HiltonHeadI

HiltonHeadI #438727

Price change
$492,900
-0.4%
09/13/2023
HiltonHeadI

HiltonHeadI #438727

Listed
$494,900

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

$237,342
Asking price
$490,000
Closing costs (~8% of asking)
-$39,200
Est. remaining loan balance
-$213,458
Cash to seller
$237,342

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

Seller’s Loan History

Lender

Coastalstates Mortgage Inc

Loan start date

September 2022

Original loan amount

$219,000

Est. remaining balance

$213,458

Interest rate

5.22%

Loan type

New Conventional, 30 year

Seller

Martha A Furman and Charles H Yowell

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: 07/07/2024 at 7:55 PM

Listing updated: 07/07/2024 at 3:13 PM

Listed by: The Prudhomme Team, William Raveis - Carolina LLC Phone #: (843) 341-5660

MLS: HiltonHeadI #438727

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