tomo logo

$279,900

Beds
2
Baths
1.5
sq ft
1,260

5508 Porcher Dr Unit 3, Myrtle Beach, SC 29577

5508 Porcher Dr Unit 3

Myrtle Beach, SC 29577

  • 97 days on market
    • Price drop $5,100↓
Join us for an Open House this Saturday 9/21 from 10:00 am until 12:00 pm! Wake up to the sound of waves! This fully furnished, 2-story villa is your year-round coastal escape. Immerse yourself in beachfront living just steps from the expansive sandy shoreline. Recently renovated with new LVP flooring throughout and thoughtfully selected furniture, with the majority of the furniture being brand new! You'll also find the updated kitchen, complete with granite countertops and stainless steel appliances fully equipped with cookware and dining ware, making it ready for guests or immediate occupancy. Enjoy meals at the breakfast bar or in the flexible dining area and unwind in the cozy living room that opens to a private fenced courtyard. Upstairs the two bedrooms and a full bath offer comfort and privacy. Relax in style with brand new mattresses on every bed and new TVs in both bedrooms. Rest easy knowing that the townhome has undergone significant updates including a new hot water heater, new toilets, and a completely replaced sewage line. Take advantage of the high demand for coastal getaways while enjoying your own slice of paradise. Experience the ultimate in coastal living with easy access to the beach, community pool, and local amenities. Enjoy the best of both worlds: a prime investment property and a personal vacation oasis with the exceptional opportunity of this turn-key townhome. Your dream coastal lifestyle awaits!

Details

Property type

Condominium

Est. home value

$243,182

Lot size

Unknown

Price per sq ft

$223

Year built

1973

Monthly HOA fee

$400

Price History

09/09/2024
MyrtleBeach

MyrtleBeach #2418873

Price change
$279,900
-1.79%
08/15/2024
MyrtleBeach

MyrtleBeach #2418873

Listed
$285,000
-0.87%
07/28/2024
MyrtleBeach

MyrtleBeach #2411950

Removed
$287,500

Schools & Community

Elementary school: 

Myrtle Beach Elementary School

Middle school: 

Myrtle Beach Middle School

High school: 

North Myrtle Beach High School

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

$102,927
Asking price
$279,900
Closing costs (~8% of asking)
-$22,392
Est. remaining loan balance
-$154,581
Cash to seller
$102,927

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

Seller’s Loan History

Lender

Coastal Carolina National Bank

Loan start date

January 2023

Original loan amount

$168,000

Est. remaining balance

$154,581

Interest rate

5.98%

Loan type

New Conventional, 15 year

Seller

Veeram Raja

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: 11/19/2024 at 7:40 PM

Listing updated: 09/27/2024 at 11:08 AM

Listed by: Keri Schaeffer, Keller Williams Oak and Ocean Phone #: (843) 945-1880

MLS: MyrtleBeach #2418873

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