tomo logo

$449,000

Beds
3
Baths
3.0
sq ft
1,431

404 Melrose Pl Unit 21, Myrtle Beach, SC 29572

404 Melrose Pl Unit 21

Myrtle Beach, SC 29572

  • 42 days on market
    • Price drop $11,000↓
This three bedroom, three bath villa is on the second floor and features vaulted ceilings in the kitchen, living and dining areas, and bedrooms, which makes for a large open floor plan with over 1,500 sq. ft. Oversized master suite with double sink vanity and tub/shower combination. Split bedroom floor plan. Step out onto the deck and enjoy the beautiful park like setting and minutes to the ocean. Located in the Kingston Resort with amenities galore - oceanfront hotel, 1/2 mile of sandy beaches, fitness center and spa, gated community with 24 hour security and the list goes on! Close to shopping and dining! Perfect for your primary residence, second home or rental option. Some resort amenities are only available through the Hilton on-site rental program.

Details

Property type

Condominium

Est. home value

$379,863

Lot size

Unknown

Price per sq ft

$314

Year built

1986

Monthly HOA fee

$1,013

Price History

09/23/2024
MyrtleBeach

MyrtleBeach #2420972

Price change
$449,000
-2.39%
09/06/2024
MyrtleBeach

MyrtleBeach #2420972

Listed
$460,000
+5.75%
09/29/2023
MyrtleBeach

MyrtleBeach #2314948

Sold
$435,000
+12.99%

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

$287,014
Asking price
$449,000
Closing costs (~8% of asking)
-$35,920
Est. remaining loan balance
-$126,066
Cash to seller
$287,014

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

Seller’s Loan History

Lender

First Neighborhood Bank

Loan start date

June 2019

Original loan amount

$140,000

Est. remaining balance

$126,066

Interest rate

4.2%

Loan type

New Conventional, 30 year

Seller

Russ Tracewell

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?

Similar Homes Nearby

MyrtleBeach
$489,000
3 bd
|
3 ba
|
1,431 sq ft
|
Condo

201 Westleton Dr Unit 10, Myrtle Beach, SC 29572

A home in Myrtle BeachMyrtleBeach
$479,000
3 bd
|
3 ba
|
1,431 sq ft
|
Condo

122 Hartland Dr Unit 11-D, Myrtle Beach, SC 29572

Price drop
MyrtleBeach
$499,900
3 bd
|
3 ba
|
1,825 sq ft
|
Condo

9994 Beach Club Dr Unit 407, Myrtle Beach, SC 29572

Status: Active

Tomo last checked: 10/18/2024 at 2:10 PM

Listing updated: 09/23/2024 at 9:28 AM

Listed by: Robin Bailey, Leonard Call - Kingston Phone #: (843) 449-6400

MLS: MyrtleBeach #2420972

MyrtleBeach logo

Recently listed in Myrtle Beach