tomo logo

$318,900

Beds
4
Baths
3.0
sq ft
1,771

342 Palm Terrace Loop, Conway, SC 29526

342 Palm Terrace Loop

Conway, SC 29526

  • Pending
Located in the sought-after Jessica Lakes community, this four-bedroom, three-bathroom home offers a functional layout with upgraded features throughout. Just minutes from Coastal Carolina University and a short drive to the beach, it’s a prime location with everyday convenience. The master suite and two additional bedrooms are located on the main floor, each with its own full bathroom. The fourth bedroom, a builder-upgraded bonus suite above the garage, provides extra space and versatility, making it ideal for guests or additional living space. The open floor plan features a spacious living room accented with custom chair rail detailing and durable LVP flooring throughout the main level. The kitchen includes granite countertops, a stone backsplash, and a flexible island with removable shelving. A walk-in pantry is conveniently located off the kitchen within the laundry room, maximizing storage and efficiency. Outdoor living is just as enjoyable, with a screened-in patio perfect for relaxing and an extended epoxy-coated patio offering additional space for entertaining. Centrally located near shopping, dining, and everyday essentials, this home offers both comfort and convenience with easy access to the coast. Disclaimer: All measurements and information are approximate and have not been verified. It is the responsibility of the buyer and their agent to verify all details of importance. With an acceptable offer, the seller is willing to consider concessions to assist with the buyer’s future purchase. Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$338,647

Lot size

8,276 sq ft

Price per sq ft

$181

Year built

2020

Monthly HOA fee

$70

Price History

03/29/2025
MyrtleBeach

MyrtleBeach #2505111

Pending
$318,900
-1.88%
02/28/2025
CTAR

CTAR #25001153

Removed
$325,000
+1.91%
02/28/2025
MyrtleBeach

MyrtleBeach #2505111

Listed
$318,900
-1.88%

Schools & Community

Elementary school: 

Waccamaw Elementary School

Middle school: 

Black Water Middle School

High school: 

Carolina Forest High School

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

$244,071
Asking price
$318,900
Closing costs (~8% of asking)
-$25,512
Est. remaining loan balance
-$49,317
Cash to seller
$244,071

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

$49,317

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: Pending/Under Contract

Tomo last checked: 04/02/2025 at 4:55 AM

Listing updated: 03/29/2025 at 5:01 PM

Listed by: Jay Gray, Keller Williams Innovate South Phone #: (843) 443-9400

MLS: MyrtleBeach #2505111

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