tomo logo

$349,000

Beds
4
Baths
3.0
sq ft
Unknown

342 Palm Terrace Loop, Conway, SC 29526

342 Palm Terrace Loop

Conway, SC 29526

  • 8 days on market
$10k offered to buyer for concessions! Welcome Home to Conway, SC! Just a hop, skip, and jump away from Coastal Carolina University and South Carolina's stunning beaches, this versatile ranch-style home offers the perfect blend of comfort, convenience, and modern living. The layout includes a bonus suite in the FROG (Finished Room Over Garage), complete with a private full bathroom. It's an ideal retreat for guests, in-laws, or college student roommates--each enjoying their own private bath suite. Inside, the first floor boasts gorgeous Luxury Vinyl Plank (LVP) flooring throughout, seamlessly flowing into an open floor plan. The spacious living room is highlighted by custom chair rail accents that add an elegant touch.The kitchen shines with upgraded granite countertops, a stone backsplash, a premium appliance package, and an oversized pantry located off the laundry roomperfect for effortless organization. Additional shelving on the kitchen island can be easily removed to suit your preference. Step outside to your screened-in patio, an inviting space to relax with a book or soak in the serene atmosphere of Jessica Lakes. The extended concrete patio, finished with epoxy, is ideal for entertaining or adding a hot tub to enjoy stunning sunsets in this peaceful community. This home has been impeccably maintained and cared for, ensuring it's move-in ready for its new owners. Built in 2021, it offers modern features with easy access to highways 501, 544, and 90, making your commute a breeze. Plus, it's within 2 miles of Coastal Carolina University, making it a perfect location for academics or sports fans. Call today for a tour and discover the charm, convenience, and premium living of Conway!

Details

Property type

Single Family Residence

Est. home value

$338,647

Lot size

8,276.4 sq ft

Price per sq ft

Unknown

Year built

2021

Annual property taxes

$1,247.96

Monthly HOA fee

$70

Price History

01/15/2025
CTAR

CTAR #25001153

Listed
$349,000
+6.08%
01/04/2025
CTAR

CTAR #24020272

Removed
$329,000
10/27/2024
CTAR

CTAR #24020272

Price change
$329,000
-0.3%

Schools & Community

Elementary school: 

Out of Area

Middle school: 

Out of Area

High school: 

Out of Area

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

$271,562
Asking price
$349,000
Closing costs (~8% of asking)
-$27,920
Est. remaining loan balance
-$49,518
Cash to seller
$271,562

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

Seller’s Loan History

Lender

Guaranteed Rate

Loan start date

May 2021

Original loan amount

$53,680

Est. remaining balance

$49,518

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Thomas W Conrad and Suzanne R Conrad

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: 01/23/2025 at 1:25 PM

Listing updated: 01/15/2025 at 12:26 PM

Listed by: Lisa Horan, Keller Williams Parkway Phone #: (843) 737-6780

MLS: CTAR #25001153

CTAR logo

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