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$390,000

Beds
2
Baths
2.0
sq ft
1,187

400 Melrose Pl Unit 14, Myrtle Beach, SC 29572

400 Melrose Pl Unit 14

Myrtle Beach, SC 29572

  • 47 days on market
Park view, updated and only a quick stroll to the beach! What more could you ask for? Updated first floor furnished condo is ready for summer enjoyment and is an ideal rental/investment opportunity!! Spacious, this 2 bedroom 2 bath villa is located in Richmond Park in the highly desired gated community of Kingston. Large deck off the den and master bedroom provide a tranquil relaxing view of the parklike grounds. Updated with tile in kitchen and living area, luxury vinyl plank floors in bedrooms. Kitchen has updated cabinets, granite countertops and both baths have new shower surrounds. Outside storage closet near the front door for beach chairs, umbrellas etc. Kingston is a 145 acres gated community with a 12 acre lake, spa and fitness center, pools and restaurants. You really don't have any reason to leave! Some resort amenities are only available through the Hilton on-site rental program.

Details

Property type

Condominium

Est. home value

$463,585

Lot size

Unknown

Price per sq ft

$329

Year built

1986

Monthly HOA fee

$848

Price History

05/21/2024
MyrtleBeach

MyrtleBeach #2412318

Listed
$390,000
+2.9%
04/09/2024
MyrtleBeach

MyrtleBeach #2320470

Removed
$379,000
10/08/2023
MyrtleBeach

MyrtleBeach #2320470

Listed
$379,000
+1.07%

Schools & Community

Elementary school: 

Myrtle Beach Elementary School

Middle school: 

Myrtle Beach Middle School

High school: 

Myrtle Beach High School

Community features: 

Pool, Gated, Tennis Court(s)

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

$119,431
Asking price
$390,000
Closing costs (~8% of asking)
-$31,200
Est. remaining loan balance
-$239,369
Cash to seller
$119,431

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

June 2021

Original loan amount

$256,000

Est. remaining balance

$239,369

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Robin M Mullins

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: Active

Tomo last checked: 07/07/2024 at 5:10 PM

Listing updated: 05/21/2024 at 11:16 AM

Listed by: Melanie Hellmer, Leonard Call - Kingston Phone #: (843) 449-6400

MLS: MyrtleBeach #2412318

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