tomo logo

$400,000

Beds
1
Baths
1.0
sq ft
518

4 N Forest Beach Dr Unit 208, Hilton Head Island, SC 29928

4 N Forest Beach Dr Unit 208

Hilton Head Island, SC 29928

  • 11 days on market
This is a second floor Breakers 1BR/1BA (sleeps 4 comfortably). Nicely updated and new (2023) HVAC. The Breakers is located directly on the beach and is in close proximity to Forest Beach's infamous Tiki Hut (newly renovated) and Coligny Plaza for geat shopping, fabulous dining and entertainment. The Breakers offers elevators and on-site security. Currently on the Short Term Rental Market with a good rental history!

Details

Property type

Condominium

Est. home value

$472,152

Lot size

Unknown

Price per sq ft

$773

Year built

1979

HOA fee

$585

Price History

10/11/2024
HiltonHeadI

HiltonHeadI #447952

Listed
$400,000
+11.11%
03/20/2023
HiltonHeadI

HiltonHeadI #432017

Sold
$360,000

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

$262,858
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$105,142
Cash to seller
$262,858

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

Seller’s Loan History

Lender

Equity Resources Inc

Loan start date

March 2023

Original loan amount

$107,137

Est. remaining balance

$105,142

Interest rate

6.33%

Loan type

New Conventional, 30 year

Seller

Giuliano Mineo and Tara Ann Santore

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: 10/22/2024 at 2:50 PM

Listing updated: 10/18/2024 at 9:00 AM

Listed by: Debbie Iredell, RE/MAX Island Realty Phone #: (843) 785-5252

MLS: HiltonHeadI #447952

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