tomo logo

$1,299,999

Beds
2
Baths
2.0
sq ft
1,394

47 Ocean Ln Unit 5103, Hilton Head Island, SC 29928

47 Ocean Ln Unit 5103

Hilton Head Island, SC 29928

  • 43 days on market
Welcome to luxury coastal living at Hilton Head Island's premier oceanfront condominium! 5103 Hampton Place is a stunning elevated first floor, 2 bedroom/2 bath condo with double balcony both featuring breathtaking ocean views. Fully furnished, the spacious main living area is the perfect space for entertaining or relaxing in front of the fireplace. Listen to ocean waves while lounging on your primary bedroom's private balcony and enjoy a spa-like retreat with the primary bathroom's custom marble shower and river rock feature wall. Secondary bedroom provides its own generous suite with a balcony walkout and updated bathroom. Whether this is a primary residence, second home or investment property, it offers a charmingly furnished interior with modern appliances perfect for your needs, andindoor and outdoor owner's closets provide additional storage beyond the two generous walk-in closets. Hampton Place boasts amenities like two beachfront pools with outdoor grilling space, spa, sundeck, fitness room, easy beach access, and covered parking. Palmetto Dunes is one of the most exclusive gated developments on the island and offers three 18-hole golf courses, tennis and pickleball courts, deep water marina, miles of canals and trails, shopping and dining. Don't miss out on this amazing opportunity to own your own slice of paradise!

Details

Property type

Condominium

Est. home value

$1,183,491

Lot size

Unknown

Price per sq ft

$933

Year built

1996

Monthly HOA fee

$80

Price History

05/22/2024
CTAR

CTAR #24013023

Listed
$1,299,999
+15.56%
05/31/2023
HiltonHeadI

HiltonHeadI #432183

Sold
$1,125,000

Schools & Community

Neighborhood: 

Palmetto Dunes

Elementary school: 

Out of Area

Middle school: 

Out of Area

High school: 

Out of Area

Community features: 

Fitness Center, Gated, Pool, 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

$307,411
Asking price
$1,299,999
Closing costs (~8% of asking)
-$104,000
Est. remaining loan balance
-$888,588
Cash to seller
$307,411

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

Seller’s Loan History

Lender

Citibank Na

Loan start date

May 2023

Original loan amount

$900,000

Est. remaining balance

$888,588

Interest rate

6.27%

Loan type

New Conventional, 30 year

Seller

Michael Belinkie and Jennifer Leib

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: 07/04/2024 at 11:25 PM

Listing updated: 06/27/2024 at 11:53 AM

Listed by: Courtney Williams, Better Homes And Gardens Real Estate Palmetto Phone #: (843) 584-8326

MLS: CTAR #24013023

CTAR logo