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$195,000

Beds
2
Baths
2.0
sq ft
1,140

601 Mitchell Dr Unit 301, Myrtle Beach, SC 29577

601 Mitchell Dr Unit 301

Myrtle Beach, SC 29577

  • 8 days on market
Located in the vibrant core of Myrtle Beach, this beautifully updated condo is a rare find, boasting a wide range of recent improvements that enhance both its appeal and functionality. The unit features new flooring, fresh paint throughout, an upgraded glass sliding door leading to the balcony, and modernized bathrooms. In the kitchen, you'll find stainless steel appliances, refinished cabinets, and a stylish new backsplash. Additional updates include a 2020 HVAC system with ultraviolet lights to minimize lint and dust, a 2021 water heater, and a newly installed electrical panel for added peace of mind. This fully furnished, move-in-ready condo offers an ideal blend of convenience and tranquility. Step out onto the spacious balcony for views of the basketball court and a partial view of the outdoor pool. Whether you're looking for a full-time residence, a vacation retreat, or a lucrative investment, this turn-key condo is ready to impress, with a strong rental history that underlines its profitability. Inside, the condo radiates a bright and airy atmosphere, complemented by tasteful coastal decor that balances comfort with style, creating a welcoming environment for residents and guests alike. Two spacious bedrooms provide the perfect space to unwind after a day at the beach or exploring Myrtle Beach's attractions. All furnishings stay with the unit, making it entirely ready for immediate occupancy or rental. This condo stands out in Myrtle Beach's real estate market as a true gem, combining leisure, luxury, and convenience. Whether you're seeking a private getaway or an investment opportunity, this property is an irresistible find in one of the most sought-after coastal locations. Don't miss out on this incredible opportunity. Schedule a showing today to experience all this condo has to offer!

Details

Property type

Condominium

Est. home value

$242,643

Lot size

Unknown

Price per sq ft

$172

Year built

1978

Monthly HOA fee

$613

Price History

11/12/2024
MyrtleBeach

MyrtleBeach #2425985

Listed
$195,000
11/12/2024
MyrtleBeach

MyrtleBeach #2425985

Removed
$195,000
11/11/2024
MyrtleBeach

MyrtleBeach #2425985

Listed
$195,000
-11.36%

Schools & Community

Elementary school: 

Myrtle Beach Elementary School

Middle school: 

Myrtle Beach Middle School

High school: 

Myrtle Beach High School

Community features: 

Pool, Clubhouse, Tennis Court(s)

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

$123,006
Asking price
$195,000
Closing costs (~8% of asking)
-$15,600
Est. remaining loan balance
-$56,394
Cash to seller
$123,006

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

Seller’s Loan History

Lender

Guild Mortgage

Loan start date

January 2020

Original loan amount

$77,500

Est. remaining balance

$56,394

Interest rate

3.15%

Loan type

New Conventional, 15 year

Seller

Michael E Cheek and L Dorothea

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: 11/19/2024 at 6:45 AM

Listing updated: 11/12/2024 at 10:53 AM

Listed by: The Abe Safa Team, Century 21 The Harrelson Group Phone #: (843) 903-3550

MLS: MyrtleBeach #2425985

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