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$1,225,000

Beds
2
Baths
2.0
sq ft
1,171

77 Ocean Ln Unit 212, Hilton Head Island, SC 29928

77 Ocean Ln Unit 212

Hilton Head Island, SC 29928

  • 65 days on market
    • Price drop $50,000↓
True direct OCEANFRONT, fully renovated villa. Luxe finishes & a profitable, established rental history of $100k+/year. Guests & owner alike adore the tropical oasis atop the oversized balcony, stunning sunrises, & access to premiere amenities: pool, golf, tennis, pickle ball, restaurants, & shopping. Sold fully furnished w/ upgraded, eat-in kitchen, beautiful LVP floors throughout, multiple sliding doors to breathe the fresh ocean air, bedrooms that maximize family sizes, & upscale bathrooms sure to pamper. Must see to appreciate the comfortable, coastal chic design- Only 5 star reviews for a unit like this that shines above the rest.

Details

Property type

Condominium

Est. home value

$1,250,282

Lot size

Unknown

Price per sq ft

$1,047

Year built

1986

HOA fee

$1,092

Price History

06/17/2024
HiltonHeadI

HiltonHeadI #444209

Price change
$1,225,000
-3.92%
05/01/2024
HiltonHeadI

HiltonHeadI #444209

Listed
$1,275,000
+28.14%
07/27/2021
HiltonHeadI

HiltonHeadI #415047

Sold
$995,000

Schools & Community

Neighborhood: 

Palmetto Dunes

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$614,489
Asking price
$1,225,000
Closing costs (~8% of asking)
-$98,000
Est. remaining loan balance
-$512,511
Cash to seller
$614,489

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

Seller’s Loan History

Lender

Mortgage Network Inc

Loan start date

June 2021

Original loan amount

$548,000

Est. remaining balance

$512,511

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

David G Hancock and Darlene B Hancock

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: 07/04/2024 at 11:30 PM

Listing updated: 06/17/2024 at 5:43 PM

Listed by: Eric Kuhn, Weichert Realtors Coastal Properties Phone #: (843) 341-3700

MLS: HiltonHeadI #444209

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