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$132,900

Beds
2
Baths
2.0
sq ft
1,100

5516 Lakeshore Dr Unit 505, Columbia, SC 29206

5516 Lakeshore Dr Unit 505

Columbia, SC 29206

  • 47 days on market
    • Price drop $2,000↓
Great ground-level condo! Many updates - new vinyl plank flooring in the bedrooms, and closets, new refrigerator and dishwasher, tile in entry foyer, great room, eat-in kitchen and hallway. Conveniently located to I-77, Fort Jackson, Forest Drive, Downtown with shopping, dining and grocery stores. There is a covered patio with two closets. The hot and cold water lines have been replaced and run in the walls. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

Details

Property type

Condominium

Est. home value

$107,934

Lot size

Unknown

Price per sq ft

$121

Year built

1968

Monthly HOA fee

$240

Price History

12/31/2024
ColumbiaSC

ColumbiaSC #598201

Price change
$132,900
-1.48%
12/06/2024
ColumbiaSC

ColumbiaSC #598201

Listed
$134,900
+0.3%
05/02/2024
ColumbiaSC

ColumbiaSC #576549

Removed
$134,500

Schools & Community

Elementary school: 

Forest Lake

Middle school: 

Dent

High school: 

Richland Northeast

School district: 

Richland Two

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

$77,662
Asking price
$132,900
Closing costs (~8% of asking)
-$10,632
Est. remaining loan balance
-$44,606
Cash to seller
$77,662

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

Seller’s Loan History

Lender

Midland Mortgage Corp

Loan start date

November 2009

Original loan amount

$66,400

Est. remaining balance

$44,606

Interest rate

4.94%

Loan type

New Conventional, 30 year

Seller

Mary Nash Ormand

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?

Status: Active

Tomo last checked: 01/22/2025 at 1:15 PM

Listing updated: 12/31/2024 at 12:00 PM

Listed by: Carter Weston, Weston Company

MLS: ColumbiaSC #598201

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