tomo logo

$619,000

Beds
2
Baths
2.0
sq ft
1,043

45 Queens Folly Rd Unit 566, Hilton Head Island, SC 29928

45 Queens Folly Rd Unit 566

Hilton Head Island, SC 29928

  • 4 days on market
An absolute showstopper. Turnkey and over the top, this lovingly remodeled villa with a theme of "Coastal Fabulous" is a rare find. All new everything including floors, countertops, cabinets, bathrooms, appliances, AC, ductwork and more. Keep it to use for yourself like these owners did or consider utilizing it as an island investment with rental projections over 65K gross. Enjoy the Palmetto Dunes resort beach and plentiful amenities. This is all that a Hilton Head Island Villa should be and MORE.

Details

Property type

Condominium

Est. home value

$529,223

Lot size

Unknown

Price per sq ft

$594

Year built

1974

Price History

10/02/2024
HiltonHeadI

HiltonHeadI #447718

Listed
$619,000
+43.45%
10/05/2021
HiltonHeadI

HiltonHeadI #417703

Sold
$431,500

Schools & Community

Neighborhood: 

Palmetto Dunes

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

$229,057
Asking price
$619,000
Closing costs (~8% of asking)
-$49,520
Est. remaining loan balance
-$340,423
Cash to seller
$229,057

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

August 2022

Original loan amount

$350,000

Est. remaining balance

$340,423

Interest rate

5.81%

Loan type

New Conventional, 30 year

Seller

Stephen M Grogan and Deana L Grogan

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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45 Queens Folly Rd Unit 503, Hilton Head Island, SC 29928

Status: Active

Tomo last checked: 10/05/2024 at 9:15 PM

Listing updated: 10/02/2024 at 12:35 PM

Listed by: Lorri Lewis, Sea Pines Real Estate - Beach Club Phone #: (843) 363-4005

MLS: HiltonHeadI #447718

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