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$1,295,000

Beds
2
Baths
2.0
sq ft
1,392

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

47 Ocean Ln Unit 5103

Hilton Head Island, SC 29928

  • 139 days on market
Experience oceanfront living in this renovated 2-bedroom/2 bath condo at Hampton Place with a private terrace perfect for slow mornings watching the sunrise. This well-kept condo (including 2024 HVAC) is open-concept and the kitchen and living space is highlighted by a stunning electric fireplace, beautiful furnishings, and ocean views. The spa-like bathroom features a tranquil natural stone wall and a luxurious deep tub. Residents can enjoy access to an onsite grilling area, fitness center, pools, a spa- as well as the fantastic amenities of Palmetto Dunes Oceanfront Resort.

Details

Property type

Condominium

Est. home value

$1,183,491

Lot size

Unknown

Price per sq ft

$931

Year built

1996

HOA fee

$825

Price History

08/05/2024
HiltonHeadI

HiltonHeadI #446474

Listed
$1,295,000
-0.38%
07/22/2024
CTAR

CTAR #24013023

Removed
$1,299,999
05/22/2024
CTAR

CTAR #24013023

Listed
$1,299,999
+15.56%

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

$307,411
Asking price
$1,295,000
Closing costs (~8% of asking)
-$103,600
Est. remaining loan balance
-$883,989
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

$883,989

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: 12/22/2024 at 2:30 AM

Listing updated: 12/20/2024 at 2:40 PM

Listed by: Jeff Hunt & Associates, Dunes Real Estate Phone #: (843) 842-1111

MLS: HiltonHeadI #446474

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