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$254,888

Beds
2
Baths
2.0
sq ft
1,015

601 Mitchell Dr Unit 207, Myrtle Beach, SC 29577

601 Mitchell Dr Unit 207

Myrtle Beach, SC 29577

  • 118 days on market
A rare opportunity to own a great income producing investment property with short-term rentals allowed. This fully renovated , conveniently located on the second floor, turn key 2 bedrooms 2 bathrooms unit located in the gated Holiday Tower just a short walking distance to the beautiful Atlantic Ocean community. This newly renovated bright and airy, with ocean views unit will greet you with an open concept, and not one thing was overlooked while it was renovated. The unit is just loaded with many upgrades that were purposely installed to make this beach getaway condo more enjoyable: luxury vinyl flooring, smooth ceilings, painted, 5” baseboards, beautiful granite counter tops, new soft close cabinets with lazy Susan, under cabinets lights, stainless steel appliances, oversized island, installed ceiling beams with recess lights, tiled walk - in master bath shower, tiled walls guest bathroom tub, installed 2” blinds. This condo has been well maintained and has low HOA fees. Conveniently located to water sports, golf, Boardwalk, SkyWheel, many great restaurants, and many other local attractions. Do not wait to call this spectacular, turn key condo yours.

Details

Property type

Condominium

Est. home value

$209,875

Lot size

Unknown

Price per sq ft

$252

Year built

1978

Monthly HOA fee

$576

Price History

03/20/2024
MyrtleBeach

MyrtleBeach #2407020

Listed
$254,888

Schools & Community

Elementary school: 

Myrtle Beach Elementary School

Middle school: 

Myrtle Beach Middle School

High school: 

Myrtle Beach High School

Community features: 

Pool, 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

$168,184
Asking price
$254,888
Closing costs (~8% of asking)
-$20,391
Est. remaining loan balance
-$66,313
Cash to seller
$168,184

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

Seller’s Loan History

Lender

Accent Mortgage Llc

Loan start date

May 2008

Original loan amount

$98,400

Est. remaining balance

$66,313

Interest rate

5.88%

Loan type

Not Provided, 30 year

Seller

Albert Wessels

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: 07/16/2024 at 4:55 PM

Listing updated: 07/16/2024 at 11:23 AM

Listed by: Yana Lynch, Fidei Real Estate Int'l Phone #: (843) 424-6068

MLS: MyrtleBeach #2407020

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