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$1,599,000

Beds
2
Baths
2.0
sq ft
1,392

47 Ocean Ln Unit 5206, Hilton Head Island, SC 29928

47 Ocean Ln Unit 5206

Hilton Head Island, SC 29928

  • 4 days on market
Amazing ocean views and sunrises await you at this stunning oceanfront unit! Remodeled and turn-key, with an established rental history, you’ll be enjoying life on Hilton Head Island immediately! Enjoy panoramic views of the Atlantic Ocean from outside on the spacious balcony or from the comfort of the living spaces inside. As the perfect island getaway, Hampton Place offers lush landscaping, 2 seasonally heated pools, under building parking, & storage. Experience the finest oceanfront living in Hampton Place, one of the newest oceanfront complexes in Palmetto Dunes.

Details

Property type

Condominium

Est. home value

$1,293,156

Lot size

Unknown

Price per sq ft

$1,149

Year built

1996

HOA fee

$825

Price History

01/01/2025
HiltonHeadI

HiltonHeadI #449483

Listed
$1,599,000
+102.66%
08/14/2019
HiltonHeadI

HiltonHeadI #395123

Sold
$789,000

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

$1,254,664
Asking price
$1,599,000
Closing costs (~8% of asking)
-$127,920
Est. remaining loan balance
-$216,416
Cash to seller
$1,254,664

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

Seller’s Loan History

Lender

Midland Mortgage Corp

Loan start date

April 2013

Original loan amount

$297,000

Est. remaining balance

$216,416

Interest rate

3.51%

Loan type

New Conventional, 30 year

Seller

Margaret M Mahon

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: 01/05/2025 at 2:30 AM

Listing updated: 01/02/2025 at 11:10 AM

Listed by: Kiser Jetton Team, EXP Realty LLC Phone #: (888) 440-2798

MLS: HiltonHeadI #449483

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