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$298,000

Beds
3
Baths
2.0
sq ft
1,370

4869 Magnolia Pointe Ln Unit 201, Myrtle Beach, SC 29577

4869 Magnolia Pointe Ln Unit 201

Myrtle Beach, SC 29577

  • 55 days on market
    • Price drop $16,900↓
Situated near the Myrtle Woods Golf Course and only about 2 miles to the beach, this Magnolia Pointe 3BR, 2 BA, with elevator, offers something for everyone. Located in the Heart of Myrtle Beach and close to Broadway at the Beach, Coastal Grand Mall, the airport, local restaurants, numerous entertainment venues, and more. This END UNIT has an extra window for added natural light that many units don't have. Also there is a spacious screened balcony with convenient storage room attached. Magnolia Pointe has access to 7 pools, 2 club houses, grilling areas and numerous walking trails. Perfect for primary residence or as an investment with short and long term rentals allowed. Golf carts are allowed!

Details

Property type

Condominium

Est. home value

$305,658

Lot size

Unknown

Price per sq ft

$218

Year built

2004

Monthly HOA fee

$410

Price History

07/01/2024
MyrtleBeach

MyrtleBeach #2411701

Price change
$298,000
-5.37%
05/13/2024
MyrtleBeach

MyrtleBeach #2411701

Listed
$314,900

Schools & Community

Elementary school: 

Myrtle Beach Elementary School

Middle school: 

Myrtle Beach Middle School

High school: 

Myrtle Beach High School

Community features: 

Pool, Clubhouse, Golf

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

$103,809
Asking price
$298,000
Closing costs (~8% of asking)
-$23,840
Est. remaining loan balance
-$170,351
Cash to seller
$103,809

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

Seller’s Loan History

Lender

Sandhills Bank

Loan start date

May 2018

Original loan amount

$217,500

Est. remaining balance

$170,351

Interest rate

4.45%

Loan type

New Conventional, 20 year

Seller

Ocom Holdings Llc

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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4882 Luster Leaf Cir Unit 305, Myrtle Beach, SC 29577

Status: Active

Tomo last checked: 07/07/2024 at 4:55 PM

Listing updated: 07/01/2024 at 4:54 PM

Listed by: Ronnie Warren, Dreamlife Realty Phone #: (843) 628-3604

MLS: MyrtleBeach #2411701

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