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$274,999

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

  • 100 days on market
    • Price drop $4,901↓
Welcome to this three-bedroom, two-bathroom condo at the highly sought after Addison community in Murrells Inlet! Inside the unit, you will find a spacious kitchen with stainless steel appliances, granite countertops, and plenty of cabinet space. The main living/dining area of the unit has upgraded LVP flooring. The split bedroom floor plan offers privacy and convenience, with the master bedroom located in its own wing of the condo. All the bedrooms are generously sized and offer plenty of closet space for storage. The master bedroom features a private en-suite bathroom with double sinks and a walk-in shower. Step outside to the screened-in rear porch, where you can relax and unwind while enjoying the peaceful view of the pond. Don't forget to take advantage of the community pool for some relaxation and enjoyment. The Addison is conveniently located near some of Murrells Inlet's finest dining, shopping, golf, and entertainment options including the Garden City Pier and Murrells Inlet Marshwalk. This condo would make a great forever home, vacation spot, or investment property. Don't wait, schedule your showing today!

Details

Property type

Condominium

Est. home value

$298,237

Lot size

Unknown

Price per sq ft

$165

Year built

2006

Monthly HOA fee

$543

Price History

10/28/2024
MyrtleBeach

MyrtleBeach #2421552

Price change
$274,999
-1.75%
10/08/2024
MyrtleBeach

MyrtleBeach #2421552

Removed
$279,900
09/13/2024
MyrtleBeach

MyrtleBeach #2421552

Listed
$279,900
+16.14%

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

$159,284
Asking price
$274,999
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$93,715
Cash to seller
$159,284

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

$93,715

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: 12/22/2024 at 4:10 PM

Listing updated: 10/28/2024 at 6:40 PM

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

MLS: MyrtleBeach #2421552

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