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$249,900

Beds
3
Baths
2.0
sq ft
1,675

70 Addison Cottage Way Unit 216, Murrells Inlet, SC 29576

70 Addison Cottage Way Unit 216

Murrells Inlet, SC 29576

  • 203 days on market
    • Price drop $10,099↓
***MOTIVATED SELLER***Welcome to this beautiful three-bedroom, two-bathroom condo in the highly sought-after Addison community in Murrells Inlet! This inviting unit features a spacious kitchen equipped with stainless steel appliances, elegant granite countertops, and ample cabinet space for all your culinary needs. The large open living area is perfect for entertaining friends and family, showcasing upgraded luxury vinyl plank (LVP) flooring that adds a modern and durable touch. The seamless flow between the living and dining spaces creates an inviting atmosphere, making it easy to host dinner parties or casual get-togethers. Natural light floods the area, enhancing the warm and welcoming ambiance. The thoughtfully designed split bedroom floor plan ensures privacy and convenience, with the master bedroom situated in its own wing. Each bedroom is generously sized, offering plenty of closet space for storage. The master bedroom boasts a private en-suite bathroom, complete with double sinks and a walk-in shower, creating a serene retreat. Step outside to the screened-in rear porch, where you can relax and unwind while enjoying the tranquil views of the pond. Residents of the Addison community can take advantage of the refreshing community pool, perfect for relaxation and leisure. The location is ideal, situated near some of Murrells Inlet's best dining, shopping, golf, and entertainment options, including the Garden City Pier and the scenic Marshwalk. Whether you’re looking for a forever home, a vacation getaway, or an investment property, this condo is the perfect choice. Don’t miss out on this opportunity—schedule your showing today!

Details

Property type

Condominium

Est. home value

$298,237

Lot size

Unknown

Price per sq ft

$150

Year built

2006

Monthly HOA fee

$543

Price History

03/31/2025
MyrtleBeach

MyrtleBeach #2421552

Price change
$249,900
-3.88%
02/27/2025
MyrtleBeach

MyrtleBeach #2421552

Price change
$259,999
-2.62%
01/13/2025
MyrtleBeach

MyrtleBeach #2421552

Price change
$267,000
-2.91%

Schools & Community

Elementary school: 

Seaside Elementary School

Middle school: 

Saint James Middle School

High school: 

Saint James High School

Community features: 

Pool

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

$136,970
Asking price
$249,900
Closing costs (~8% of asking)
-$19,992
Est. remaining loan balance
-$92,938
Cash to seller
$136,970

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

Seller’s Loan History

Lender

Rocket Mortgage

Loan start date

February 2022

Original loan amount

$100,000

Est. remaining balance

$92,938

Interest rate

3.12%

Loan type

New Conventional, 29 year

Seller

Lori Basham

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: 04/04/2025 at 4:55 AM

Listing updated: 04/01/2025 at 3:46 PM

Listed by: Jacob Ross, Century 21 The Harrelson Group Phone #: (843) 903-3550

MLS: MyrtleBeach #2421552

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