tomo logo

$400,000

Beds
2
Baths
2.0
sq ft
1,060

380 Marshland Rd Unit E16, Hilton Head Island, SC 29926

380 Marshland Rd Unit E16

Hilton Head Island, SC 29926

  • 71 days on market
    • Price drop $10,000↓
Udated condo in the sought-after community of Summer House. Ideally located on the 1st floor, this unit offers a charming courtyard where you can soak in the island lifestyle. As you enter, you’re greeted by coastal decor & soft, muted tones that set a serene atmosphere. The kitchen features crisp white cabinets, quartz counters, & stainless appliances. The primary suite boasts a custom tiled shower with the sleek look of marble. Recent upgrades include new ceiling fans & new HVAC system. This unit also features 2 walk-in closets, a linen closet, & an additional storage closet. A detached garage is included. Seller to pay 2 mo of regime fees.

Details

Property type

Condominium

Est. home value

$369,146

Lot size

Unknown

Price per sq ft

$378

Year built

2001

HOA fee

$572

Price History

10/11/2024
HiltonHeadI

HiltonHeadI #446979

Price change
$400,000
-2.44%
08/29/2024
HiltonHeadI

HiltonHeadI #446979

Listed
$410,000
+43.86%
09/20/2021
HiltonHeadI

HiltonHeadI #417394

Sold
$285,000

Schools & Community

Neighborhood: 

Indigo Run

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

$196,077
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$171,923
Cash to seller
$196,077

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

September 2021

Original loan amount

$185,000

Est. remaining balance

$171,923

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

William Erskine Morgan and Lynne Clark Morgan

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: 11/08/2024 at 10:05 AM

Listing updated: 10/28/2024 at 12:00 PM

Listed by: The Joan Kelly Group, Keller Williams Realty Phone #: (843) 682-8100

MLS: HiltonHeadI #446979

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