tomo logo

$599,000

Beds
1
Baths
1.5
sq ft
801

77 Ocean Ln Unit 713, Hilton Head Island, SC 29928

77 Ocean Ln Unit 713

Hilton Head Island, SC 29928

  • 231 days on market
    • Price drop $15,900↓
This oceanside fully furnished one-bedroom gem has generated over $50,000 in short-term rental income for 2024! Step into a great room with Vaulted Smooth ceilings, and an updated kitchen showcasing stainless appliances, and granite countertops. The unit has luxury vinyl flooring and a full-size washer/dryer, perfect for the beach. With one and a half baths, you can easily sleep 4. Relax on the balcony overlooking the tranquil pond. Just steps to the pool and ocean. Barrington Park is a semi-tropical oceanfront community in the gated Palmetto Dunes community. Barrington Park has its own oceanfront pool.

Details

Property type

Condominium

Est. home value

$573,726

Lot size

Unknown

Price per sq ft

$748

Year built

1986

HOA fee

$890

Price History

11/12/2024
HiltonHeadI

HiltonHeadI #443054

Price change
$599,000
-2.59%
09/27/2024
HiltonHeadI

HiltonHeadI #443054

Price change
$614,900
-0.02%
09/17/2024
HiltonHeadI

HiltonHeadI #443054

Pending
$615,000

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

$339,638
Asking price
$599,000
Closing costs (~8% of asking)
-$47,920
Est. remaining loan balance
-$211,442
Cash to seller
$339,638

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

August 2019

Original loan amount

$236,250

Est. remaining balance

$211,442

Interest rate

3.73%

Loan type

New Conventional, 30 year

Seller

Thomas R Leonard and Joanne S Leonard

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?

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13 Harbourside Ln Unit 7150, Hilton Head Island, SC 29928

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HiltonHeadI
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13 Harbourside Ln Unit 7136, Hilton Head Island, SC 29928

Status: Active

Tomo last checked: 11/19/2024 at 3:55 PM

Listing updated: 11/12/2024 at 3:51 PM

Listed by: The Beth Drake Team, Keller Williams Realty Phone #: (843) 682-8100

MLS: HiltonHeadI #443054

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