tomo logo

$567,000

Beds
4
Baths
2.5
sq ft
Unknown

8 Binnacle Way, Salem, SC 29676

8 Binnacle Way

Salem, SC 29676

  • 26 days on market
    • Price drop $30,000↓
What's better than visiting a resort with tons of amenities? Owning a home in a community that offers a resort lifestyle. Imagine having a clubhouse with 2 restaurants, an 18-hole golf course with practice facility, 2 outdoor pools and 1 indoor pool, a world class fitness facility, tennis center, pickle ball, Lake Keowee access, and walking trails. Think about enjoying all that with family and friends. Then imagine having a home that has been completely remodeled with Luxury Vinyl Plank flooring, new gourmet kitchen, ceramic tile showers and jetted tub. A large family room that opens to the dinning room and sunroom. Large decks that cover the entire back of the home. And then put the home on the 18th fairway/green of the golf course. You don't have to imagine it. You have just found it.

Details

Property type

Single Family Residence

Est. home value

$442,552

Lot size

0.51 acres

Price per sq ft

Unknown

Year built

1987

Monthly HOA fee

$423

Price History

09/13/2024
WesternUpstateMLS

WesternUpstateMLS #20278456

Price change
$567,000
-5.03%
08/22/2024
WesternUpstateMLS

WesternUpstateMLS #20278456

Listed
$597,000
+233.71%
08/07/2015
WesternUpstateMLS

WesternUpstateMLS #20164445

Sold
$178,900
+30.06%

Schools & Community

Elementary school: 

Keowee Elem

Middle school: 

Walhalla Middle

High school: 

Walhalla High

Community features: 

Clubhouse, Gated, Golf, Pool, Tennis Court(s)

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

$379,180
Asking price
$567,000
Closing costs (~8% of asking)
-$45,360
Est. remaining loan balance
-$142,460
Cash to seller
$379,180

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

August 2015

Original loan amount

$175,659

Est. remaining balance

$142,460

Interest rate

4%

Loan type

FHA, 30 year

Seller

Damein G Bourgeois

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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Status: Active

Tomo last checked: 09/18/2024 at 12:00 AM

Listing updated: 09/13/2024 at 8:58 AM

Listed by: Les Walden, The Les Walden Team Phone #: (864) 985-1234

MLS: WesternUpstateMLS #20278456

WesternUpstateMLS logo

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