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$289,900

Beds
3
Baths
1.5
sq ft
1,266

551 Pelican Ave Unit 551, Myrtle Beach, SC 29577

551 Pelican Ave Unit 551

Myrtle Beach, SC 29577

  • 47 days on market
    • Price drop $5,000↓
Have you ever dreamed of living by the beach? This is your chance to own this beautiful move-in/rental-ready fully-furnished 3 bedroom, 1.5 bathroom end unit across from Myrtle Beach State Park in the best kept secret community of Seagate Village! This condo has been stylishly updated with the removal of popcorn ceilings, refreshed interior paint, and on-trend custom matte black windows throughout. The kitchen is equipped with sparkling white quartz countertops, a large stainless steel sink and newer stainless steel appliances and LG washer and dryer. A spacious open concept allows you to entertain with ease while feeling cozy just the same. The master bedroom provides ample closet space and access to the half bath. Enjoy mornings relaxing on the front porch or out back in the fully fenced yard with the kids and fur babies. Perfectly situated less than a mile from the beach, Market Common, grocery, shopping, golf, entertainment and all the Grand Strand has to offer, this is a must-see for Snowbirds and beachgoers alike. Schedule your showing today!

Details

Property type

Condominium

Est. home value

$269,823

Lot size

Unknown

Price per sq ft

$229

Year built

1958

Monthly HOA fee

$326

Price History

08/30/2024
MyrtleBeach

MyrtleBeach #2417272

Price change
$289,900
-1.7%
08/23/2024
MyrtleBeach

MyrtleBeach #2417272

Price change
$294,900
-1.67%
07/23/2024
MyrtleBeach

MyrtleBeach #2417272

Listed
$299,900
+17.61%

Schools & Community

Elementary school: 

Myrtle Beach Elementary School

Middle school: 

Myrtle Beach Middle School

High school: 

Myrtle Beach High School

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

$81,656
Asking price
$289,900
Closing costs (~8% of asking)
-$23,192
Est. remaining loan balance
-$185,052
Cash to seller
$81,656

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

Seller’s Loan History

Lender

Bell Bank

Loan start date

September 2022

Original loan amount

$204,000

Est. remaining balance

$185,052

Interest rate

4.59%

Loan type

New Conventional, 15 year

Seller

Amy F Kochar

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: 09/07/2024 at 11:45 PM

Listing updated: 08/30/2024 at 2:59 PM

Listed by: The Mills Group, Century 21 Barefoot Realty Phone #: (843) 390-2121

MLS: MyrtleBeach #2417272

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