tomo logo

$325,000

Beds
1
Baths
1.0
sq ft
540

40 Folly Field Rd Unit C348, Hilton Head Island, SC 29928

40 Folly Field Rd Unit C348

Hilton Head Island, SC 29928

  • 45 days on market
    • Price drop $3,900↓
GORGEOUS OCEAN VIEW CONDO! Come see for yourself!! 3rd Floor, 1 bed, 1 bath, and fully furnished! Features include: Stainless steel appliances, granite counters, elegant hall closet system with lots of storage, and modern Italian leather furniture. Bathroom has floor to ceiling tile with elegant glass shower slide door, modern vanity, fixtures, and lighting. Bedroom freshly painted with new bed! New balcony carpeting. Turnkey ready for immediate rental income or perfect for personal retreat! Easy walk to the beach, and close to shopping, parks, and restaurants!

Details

Property type

Condominium

Est. home value

$350,519

Lot size

Unknown

Price per sq ft

$602

Year built

1980

HOA fee

$524

Price History

06/24/2024
HiltonHeadI

HiltonHeadI #444625

Price change
$325,000
-1.19%
05/21/2024
HiltonHeadI

HiltonHeadI #444625

Listed
$328,900

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

$65,922
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$233,078
Cash to seller
$65,922

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

Seller’s Loan History

Lender

Coastalstates Mortgage Inc

Loan start date

March 2022

Original loan amount

$243,750

Est. remaining balance

$233,078

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Dilrukshan I De Alwis and Sharmini D De Alwis

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 A233, Hilton Head Island, SC 29928

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40 Folly Field Rd Unit C258, Hilton Head Island, SC 29928

Status: Active

Tomo last checked: 07/04/2024 at 11:20 PM

Listing updated: 07/04/2024 at 2:43 PM

Listed by: Eric Bagwell, C 21 A Low Country Realty Phone #: (843) 842-1616

MLS: HiltonHeadI #444625

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