tomo logo

$469,000

Beds
3
Baths
2.0
sq ft
2,285

8256 Timber Ridge Rd, Conway, SC 29526

8256 Timber Ridge Rd

Conway, SC 29526

  • 84 days on market
    • Price drop $10,000↓
Are you in search of a distinguished, traditional residence located within a well-established neighborhood boasting beautiful lake views? Look no further than this exquisite custom home situated in the ForestLake Estates enclave of Burning Ridge. Embracing an expansive parcel of almost half an acre, this property offers ample space for serene living. Upon entering through the grand double front doors, you'll encounter a timeless layout, featuring a graciously appointed dining room to the left and a capacious living room. This thoughtfully designed split-floor bedroom configuration enhances privacy and functionality. Adjacent to the remodeled kitchen is a cozy great room adorned with a focal fireplace, ideal for gatherings and relaxation. Meticulous attention to detail is evident throughout, with numerous enhancements including a recently renovated master bathroom boasting a floor-to-ceiling shower complete with a built-in bench and niche, new double vanity cabinets, two linen closets, upgraded countertops, lighting fixtures, and mirrors, as well as a custom-designed his/her walk-in closet. The home is SOLD AS IS and conveniently located minutes away from Coastal Carolina University, Conway Medical Center, and Downtown Conway, offering a plethora of shopping, restaurants, and amenities. Additionally, it's just a short ride to the beach!

Details

Property type

Single Family Residence

Est. home value

$419,340

Lot size

0.43 acres

Price per sq ft

$206

Year built

1990

Monthly HOA fee

$44

Price History

05/09/2024
MyrtleBeach

MyrtleBeach #2409104

Price change
$469,000
-2.09%
04/14/2024
MyrtleBeach

MyrtleBeach #2409104

Listed
$479,000
+31.23%
11/29/2021
MyrtleBeach

MyrtleBeach #2123585

Sold
$365,000

Schools & Community

Elementary school: 

Carolina Forest Elementary School

Middle school: 

Ten Oaks Middle

High school: 

Carolina Forest High School

Community features: 

Golf

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

$155,636
Asking price
$469,000
Closing costs (~8% of asking)
-$37,520
Est. remaining loan balance
-$275,844
Cash to seller
$155,636

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

Seller’s Loan History

Lender

Nationwide Mortgage Bankers

Loan start date

November 2021

Original loan amount

$292,000

Est. remaining balance

$275,844

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Adrienne Drenckhahn and Joseph Leissle

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: 07/07/2024 at 6:15 PM

Listing updated: 05/20/2024 at 10:53 AM

Listed by: Jennifer Burgess, JTE Real Estate Phone #: (843) 284-7149

MLS: MyrtleBeach #2409104

MyrtleBeach logo

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