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$620,000

Beds
2
Baths
2.0
sq ft
694

601 Retreat Beach Cir Unit 524, Pawleys Island, SC 29585

601 Retreat Beach Cir Unit 524

Pawleys Island, SC 29585

  • 62 days on market
    • Price drop $30,000↓
Welcome to your perfect coastal retreat! This stunning 2-bedroom, 2-bathroom oceanfront condo is located in the highly sought-after Litchfield by the Sea community. Situated in the Bridgewater building, this unit offers breathtaking, expansive views of the beach and ocean from your private balcony, creating a serene escape by the shore. Litchfield by the Sea provides an array of resort-style amenities, including a lazy river, swimming pool, scenic walking paths, tennis and pickleball courts, and access to crab and fishing docks. Just steps away from the sand, this condo offers the ultimate beach lifestyle. Whether you're looking for a primary residence, a vacation home, or an investment property, this condo has it all. Conveniently located near shopping and fine dining, you're just 70 miles from historic Charleston, SC, and 25 miles from the attractions of Myrtle Beach. Don't miss the chance to own this oceanfront gem!

Details

Property type

Condominium

Est. home value

$510,035

Lot size

Unknown

Price per sq ft

$894

Year built

2004

Monthly HOA fee

$1,786

Price History

12/19/2024
MyrtleBeach

MyrtleBeach #2424430

Price change
$620,000
-4.62%
10/22/2024
MyrtleBeach

MyrtleBeach #2424430

Listed
$650,000
+52.94%
11/30/2021
MyrtleBeach

MyrtleBeach #1917997

Sold
$425,000

Schools & Community

Elementary school: 

Waccamaw Elementary School

Middle school: 

Waccamaw Middle School

High school: 

Waccamaw 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

$431,671
Asking price
$620,000
Closing costs (~8% of asking)
-$49,600
Est. remaining loan balance
-$138,729
Cash to seller
$431,671

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

February 2009

Original loan amount

$211,500

Est. remaining balance

$138,729

Interest rate

5.01%

Loan type

Not Provided, 30 year

Seller

Charles M East Iii and Susann Shearer East

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: 12/22/2024 at 10:05 PM

Listing updated: 12/19/2024 at 10:25 AM

Listed by: Jack Pate, The Litchfield Company RE Phone #: (843) 237-4000

MLS: MyrtleBeach #2424430

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