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$545,000

Beds
3
Baths
2.0
sq ft
1,600

42 S Forest Beach Dr Unit 3088, Hilton Head Island, SC 29928

42 S Forest Beach Dr Unit 3088

Hilton Head Island, SC 29928

  • 11 days on market
BEACH LIFE is the BEST LIFE! For those drawn to the sand, waves, and sunshine…introducing a fantastic THREE-BEDROOM villa just a block from Hilton Head Island’s world-famous shoreline. An ideal vacation retreat, beautiful and large enough to accommodate 8 guests! This villa has been tastefully furnished and offers a large deck out back for grilling and easy access to the nearby swimming pool! All the comforts you would expect to maximize island time! Plus, owners & guests have use of the BEACHFRONT Cabana/restroom facility, nearby leisure trails, Celebration Park, local restaurants, coffee shops, beach-side bars, shopping, and entertainment.

Details

Property type

Condominium

Est. home value

$569,321

Lot size

Unknown

Price per sq ft

$341

Year built

1972

HOA fee

$791.95

Price History

02/20/2025
HiltonHeadI

HiltonHeadI #450888

Listed
$545,000
+10.1%
03/01/2022
HiltonHeadI

HiltonHeadI #420815

Sold
$495,000

Schools & Community

Neighborhood: 

Forest Beach

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

$82,685
Asking price
$545,000
Closing costs (~8% of asking)
-$43,600
Est. remaining loan balance
-$418,715
Cash to seller
$82,685

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

Seller’s Loan History

Lender

Mortgage Network Inc

Loan start date

February 2022

Original loan amount

$445,500

Est. remaining balance

$418,715

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Homer T Mcmichael Jr and Jaime T Mcmichael

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?

Status: Active

Tomo last checked: 03/03/2025 at 6:30 PM

Listing updated: 03/03/2025 at 9:50 AM

Listed by: Collins Group, Collins Group Realty Phone #: (843) 341-6300

MLS: HiltonHeadI #450888

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