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$1,249,900

Beds
3
Baths
3.5
sq ft
3,548

505 Sea Island Way, North Myrtle Beach, SC 29582

505 Sea Island Way

North Myrtle Beach, SC 29582

  • 36 days on market
OPEN HOUSE This Sunday, June 9th 11-3:30!! Located just two short blocks from the beach, this beautiful luxury home on the lake within the quiet gated community of Seaside Plantation represents the best of life at the beach. Immaculately cared for, this home has a full lavish kitchen with stainless steel appliances and gorgeous formal dining room. The three large bedrooms all have on suite bathrooms with tiled showers and custom closets. In addition, there is a large bonus room upstairs that can be utilized as an office or additional bedroom space. Ultra high ceilings and openness of the home makes this beauty a paradise in itself. However, just step outside to check out the sprawling screened-in patio, outdoor kitchen and dining space overlooking the biggest lake in the Seaside Plantation Community. The home itself is just down the road from the amenities in Seaside Plantation!! The residents in the Seaside Plantation community enjoy the convenience of nearby shopping, restaurants, and world class entertainment as well as many onsite amenities including a community center, swimming pool, heated spa and more. This is one of the most desirable locations in the area. Don't forget to check out the 3D matterport link to get a feel for how grandeur this home is!

Details

Property type

Single Family Residence

Est. home value

$1,192,161

Lot size

0.23 acres

Price per sq ft

$353

Year built

2006

Monthly HOA fee

$189

Price History

05/31/2024
MyrtleBeach

MyrtleBeach #2413063

Price change
$1,249,900
+11.11%
05/30/2024
MyrtleBeach

MyrtleBeach #2413063

Listed
$1,124,900
+15.37%
11/03/2021
MyrtleBeach

MyrtleBeach #2120025

Sold
$975,000

Schools & Community

Elementary school: 

Ocean Drive Elementary

Middle school: 

North Myrtle Beach Middle School

High school: 

North Myrtle Beach High School

Community features: 

Pool, Gated, Clubhouse

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

$881,399
Asking price
$1,249,900
Closing costs (~8% of asking)
-$99,992
Est. remaining loan balance
-$268,509
Cash to seller
$881,399

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

Seller’s Loan History

Lender

Strong Home Mortgage

Loan start date

February 2022

Original loan amount

$309,999

Est. remaining balance

$268,509

Interest rate

2.3%

Loan type

New Conventional, 15 year

Seller

Charles Douglas Hinson and Joan White Hinson

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?

Similar Homes Nearby

Price drop
MyrtleBeach
$1,264,000
4 bd
|
3.5 ba
|
3,688 sq ft
|
House

507 Seafarer Way, North Myrtle Beach, SC 29582

Status: Active

Tomo last checked: 07/04/2024 at 11:35 PM

Listing updated: 06/06/2024 at 8:44 AM

Listed by: The Clem Team, RE/MAX Southern Shores NMB Phone #: (843) 249-5555

MLS: MyrtleBeach #2413063

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