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$292,000

Beds
3
Baths
2.0
sq ft
1,700

70 Addison Cottage Way Unit 221, Murrells Inlet, SC 29576

70 Addison Cottage Way Unit 221

Murrells Inlet, SC 29576

  • 13 days on market
Welcome to this stunning and well maintained three bedroom and two- bathroom condo located in the highly sought after subdivision of the Addison Condos located in Murrells Inlet and in the award-winning school district of St. James. Thoughtfully designed with comfort and style in mind, this home offers a spacious, open concept layout that is perfect for both everyday living and entertaining. The modern kitchen is a chef’s dream, featuring sleek stainless-steel appliances, gorgeous granite countertops, and abundant cabinet space for all the chef's needs. The seamlessly connected living and dining areas create a warm and inviting atmosphere, flooded with tons of natural light from expansive windows. Whether you are hosting a dinner party or enjoying a quiet evening, this space is designed for effortless enjoyment. For ultimate privacy, the split bedroom floor plan places the primary suite in its own wing. This serene retreat boasts a spacious sized bedroom, a walk-in closet, and the en-suite bathroom complete with dual sinks, granite countertops, and a custom-tiled walk-in shower. The two additional bedrooms are equally spacious, offering ample closet space and flexibility for guests, a home office, or a hobby room. Step outside onto the screened in rear porch, where you can unwind and take in the peaceful pond views, an ideal spot for your morning coffee or evening relaxation. Unit also has a back stairwell leading down to the pond and back yard area. As a resident of the Addison community, you will also enjoy access to the pool overlooking the pond which is perfect for leisurely afternoons. Located just minutes from Murrells Inlets, shopping, golf, airport and entertainment, restaurants and the marsh walk and the Garden City Pier, this condo offers both convenience and charm. Whether you are looking for a primary residence, a vacation retreat, or a smart investment opportunity, this home is a must see. Location, Location, Location!

Details

Property type

Condominium

Est. home value

$290,860

Lot size

Unknown

Price per sq ft

$172

Year built

2006

Monthly HOA fee

$543

Price History

03/21/2025
MyrtleBeach

MyrtleBeach #2507101

Listed
$292,000
+3%
04/14/2023
MyrtleBeach

MyrtleBeach #2303824

Sold
$283,500

Schools & Community

Elementary school: 

Seaside Elementary School

Middle school: 

Saint James Middle School

High school: 

Saint James 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

$60,710
Asking price
$292,000
Closing costs (~8% of asking)
-$23,360
Est. remaining loan balance
-$207,930
Cash to seller
$60,710

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

Seller’s Loan History

Lender

Pennymac Loan

Loan start date

April 2023

Original loan amount

$212,625

Est. remaining balance

$207,930

Interest rate

6.5%

Loan type

New Conventional, 30 year

Seller

Timothy A Frey

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: 04/03/2025 at 11:55 PM

Listing updated: 03/21/2025 at 3:21 PM

Listed by: Jerry Pinkas Team, Jerry Pinkas R E Experts Phone #: (843) 839-9870

MLS: MyrtleBeach #2507101

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