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$904,728Estimated home value

Beds
2
Baths
2.5
sq ft
1,562

89 Ocean Ln Unit 8140, Hilton Head Island, SC 29928

89 Ocean Ln Unit 8140

Hilton Head Island, SC 29928

  • Sold On 10/14/2024
    • Price drop $26,000↓
Oceanside retreat! This beautiful, totally updated, sought after 2nd floor unit with 2 primary suites and wrap-around screened porch has never been on the rental market and very gently used. Just steps to one of the Island's best beaches and mid-Island convenient location make this the perfect primary, secondary or rental property! Garage parking and climate controlled storage. Beautiful pool! Fully furnished, move in ready!

Details

Property type

Condominium

Est. home value

$904,728

Lot size

Unknown

Price per sq ft

$704

Year built

2001

HOA fee

$751

Price History

10/10/2024
HiltonHeadI

HiltonHeadI #445925

Sold
$1,050,000
-4.46%
09/23/2024
HiltonHeadI

HiltonHeadI #445925

Pending
$1,099,000
09/12/2024
HiltonHeadI

HiltonHeadI #445925

Price change
$1,099,000
-2.31%

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

$790,477
Asking price
$1,099,000
Closing costs (~8% of asking)
-$87,920
Est. remaining loan balance
-$220,603
Cash to seller
$790,477

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 2013

Original loan amount

$300,000

Est. remaining balance

$220,603

Interest rate

3.42%

Loan type

New Conventional, 30 year

Seller

Michael J Tobin and Megan K Tobin

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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Price drop
HiltonHeadI
$1,150,000
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Condo

57 Ocean Ln Unit 3102, Hilton Head Island, SC 29928

Status: Off Market

Tomo last checked: 11/09/2024 at 11:20 AM

Listing updated: 10/14/2024 at 4:21 PM

Listed by: Magen Boyer, The Alliance Group Realty Phone #: (843) 785-5200

MLS: HiltonHeadI #445925

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