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$438,888Estimated home value

Beds
1
Baths
1.0
sq ft
780

79 Lighthouse Rd Unit 2402, Hilton Head Island, SC 29928

79 Lighthouse Rd Unit 2402

Hilton Head Island, SC 29928

  • Off market
Limited opportunity to show due to high rental bookings in Sea Pines! This top-floor 1BR Lighthouse Tennis unit is fully renovated, close to entertainment, shopping and restaurants, perfectly situated between Sea Pines Center and Harbourtown. With high ceilings, a bright open kitchen, and a tranquil lagoon view from a private setting, this is an unbeatable find. Strong rental history averaging $40k gross annually over the past four years makes this a can't-miss investment opportunity. Rental income has growth potential as owner uses the unit approximately 25% for personal use.

Details

Property type

Condominium

Est. home value

$438,888

Lot size

Unknown

Price per sq ft

$609

Year built

1979

HOA fee

$386

Price History

08/18/2024
HiltonHeadI

HiltonHeadI #445574

Removed
$475,000
06/26/2024
HiltonHeadI

HiltonHeadI #445574

Listed
$475,000
02/08/2024
HiltonHeadI

HiltonHeadI #440607

Removed
$475,000

Schools & Community

Neighborhood: 

Sea Pines

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

$317,634
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$119,366
Cash to seller
$317,634

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

Seller’s Loan History

Lender

Homeowners Mortgage Enterprises Inc

Loan start date

March 2017

Original loan amount

$140,000

Est. remaining balance

$119,366

Interest rate

4.17%

Loan type

New Conventional, 30 year

Seller

Ian Stewart and Mary Stewart

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: Off Market

Tomo last checked: 10/01/2024 at 7:00 AM

Listing updated: 06/28/2024 at 7:53 AM

Listed by: Will Libertoff, EXP Realty LLC Phone #: (888) 440-2798

MLS: HiltonHeadI #445574

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