tomo logo

$450,000

Beds
2
Baths
2.0
sq ft
996

40 Folly Field Rd Unit 222, Hilton Head Island, SC 29928

40 Folly Field Rd Unit 222

Hilton Head Island, SC 29928

  • 185 days on market
    • Price drop $25,000↓
Experience, one of the best views for the money in Hilton head. Hardwood floors refinished.(5year warranty), unit, repainted, plaster, work redone. New over range, microwave, stove and some new furniture . The unit not only has a beautiful interior/exterior but has a built in clientele for rentals. Experience beach resort living at its finest.

Details

Property type

Condominium

Est. home value

$444,965

Lot size

Unknown

Price per sq ft

$452

Year built

1980

HOA fee

$815

Price History

06/27/2024
HiltonHeadI

HiltonHeadI #440966

Listed
$450,000
05/29/2024
HiltonHeadI

HiltonHeadI #440966

Removed
$450,000
02/15/2024
HiltonHeadI

HiltonHeadI #440966

Price change
$450,000
-5.26%

Schools & Community

Neighborhood: 

Port Royal

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

$346,471
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$67,529
Cash to seller
$346,471

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

Seller’s Loan History

Lender

Irwin Mortgage Corp

Loan start date

July 2003

Original loan amount

$141,700

Est. remaining balance

$67,529

Interest rate

5.21%

Loan type

Not Provided, 30 year

Seller

Michael Binder and Rosemary Binder

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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40 Folly Field Rd Unit 124, Hilton Head Island, SC 29928

Status: Active

Tomo last checked: 07/07/2024 at 7:10 PM

Listing updated: 07/03/2024 at 1:43 PM

Listed by: Randal Longo, I Save Realty Phone #: (843) 737-6347

MLS: HiltonHeadI #440966

HiltonHeadI logo

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