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$346,000

Beds
3
Baths
2.0
sq ft
1,542

405 Pennington Loop, Myrtle Beach, SC 29588

405 Pennington Loop

Myrtle Beach, SC 29588

  • 51 days on market
    • Price drop $7,500↓
Recently updated and upgraded 3 Bedroom 2 Bath home in the beautiful Queens Harbor neighborhood. Natural light with high ceilings, an open floor plan, Vinyl plank flooring, neutral wall colors, stainless steel appliances, granite kitchen countertops and much more! A Split bedroom plan offers a large primary bedroom with tray ceiling and large bathroom, walk-in closet and linen closet. The other bedrooms are roomy and have lots of closet space and share the second bathroom. Outside gatherings on the large patio overlooking the pond may be your new favorite spot to unwind at the end of the day. SC award winning school system. Close to everything to make a life of convenience and only 20 minutes to the beach! Comfortable easy-living awaits.

Details

Property type

Single Family Residence

Est. home value

$305,183

Lot size

6,098 sq ft

Price per sq ft

$225

Year built

2005

Monthly HOA fee

$40

Price History

07/01/2024
MyrtleBeach

MyrtleBeach #2411982

Price change
$346,000
-2.12%
05/16/2024
MyrtleBeach

MyrtleBeach #2411982

Listed
$353,500

Schools & Community

Elementary school: 

Burgess Elementary School

Middle school: 

Saint James Middle School

High school: 

Saint James High School

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

$243,267
Asking price
$346,000
Closing costs (~8% of asking)
-$27,680
Est. remaining loan balance
-$75,053
Cash to seller
$243,267

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

Seller’s Loan History

Lender

Quicken Loans

Loan start date

April 2020

Original loan amount

$82,000

Est. remaining balance

$75,053

Interest rate

3.49%

Loan type

New Conventional, 30 year

Seller

Clark K Stephens

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: 07/06/2024 at 12:20 AM

Listing updated: 07/01/2024 at 2:13 PM

Listed by: Melinda Cavallini, Grand Strand Realty Group LLC Phone #: (910) 575-0000

MLS: MyrtleBeach #2411982

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