tomo logo

$249,995

Beds
1
Baths
1.0
sq ft
750

48 Summerfield Ct Unit 414, Hilton Head Island, SC 29926

48 Summerfield Ct Unit 414

Hilton Head Island, SC 29926

  • 165 days on market
    • Price drop $8,005↓
Experience island living at Summerfield, a gated villa community at the north end of Hilton Head Island. This 1-bedroom villa features numerous updates: a new roof (HOA) in 2021, luxury vinyl flooring throughout in 2022, a new HVAC system in 2022, and new vinyl louver blinds in 2022. In 2023, the kitchen was enhanced with all-new stainless GE appliances and a new Moen faucet, plus bath was complemented by a new toilet. Enjoy amenities like a community pool, picnic area, and pet-friendly environment. Perfect for year-round or seasonal living, this villa offers both comfort and convenience.  No short-term weekly rentals are allowed.

Details

Property type

Condominium

Est. home value

$278,283

Lot size

Unknown

Price per sq ft

$334

Year built

2003

HOA fee

$448

Price History

04/26/2024
HiltonHeadI

HiltonHeadI #441384

Price change
$249,995
-3.1%
02/29/2024
HiltonHeadI

HiltonHeadI #441384

Price change
$258,000
-0.39%
01/22/2024
HiltonHeadI

HiltonHeadI #441384

Listed
$259,000
+9.05%

Schools & Community

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

$43,100
Asking price
$249,995
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$186,895
Cash to seller
$43,100

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

July 2022

Original loan amount

$192,375

Est. remaining balance

$186,895

Interest rate

5.09%

Loan type

New Conventional, 30 year

Seller

Nancy L Carle

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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Status: Active

Tomo last checked: 07/05/2024 at 12:00 AM

Listing updated: 06/10/2024 at 1:33 PM

Listed by: Derek Holland, Berkshire Hathaway HomeServices Hilton Head Blufft Phone #: (843) 785-9500

MLS: HiltonHeadI #441384

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