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$4,695,000

Beds
6
Baths
4.0
sq ft
3,206

10 54th Av, Isle Of Palms, SC 29451

10 54th Av

Isle of Palms, SC 29451

  • 820 days on market
    • Price drop $100,000↓
This front beach home located in ''The Avenues'' on Isle of Palms has awesome unobstructed views. Ocean breezes and good times await the next owner. With six bedrooms spread on either sides of this house, multiple families would not feel they were on top of each other. The vaulted ceilings with large windows over looking the ocean is a wonderful way to connect and enjoy the views. This house is currently set up for multiple family members to stay in the same house, but be separated in their own areas and multiple ocean views from most bedrooms. Currently leased long term with good income.

Details

Property type

Single Family Residence

Est. home value

$3,727,916

Lot size

0.31 acres

Price per sq ft

$1,465

Year built

1991

Price History

07/03/2024
CTAR

CTAR #22008877

Listed
$4,695,000
06/29/2024
CTAR

CTAR #22008877

Removed
$4,695,000
04/09/2022
CTAR

CTAR #22008877

Listed
$4,695,000
+55.72%

Schools & Community

Elementary school: 

Sullivans Island

Middle school: 

Moultrie

High school: 

Wando

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

$4,149,053
Asking price
$4,695,000
Closing costs (~8% of asking)
-$375,600
Est. remaining loan balance
-$170,347
Cash to seller
$4,149,053

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

Seller’s Loan History

Lender

First Citizens Bank And Trust Co Inc

Loan start date

April 2013

Original loan amount

$575,000

Est. remaining balance

$170,347

Interest rate

2.77%

Loan type

New Conventional, 15 year

Seller

William E Gregory and Catherine Miller Gregory

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 6:25 PM

Listing updated: 07/03/2024 at 2:23 PM

Listed by: Chip Warley, Premier Properties Charleston Phone #: (843) 695-1161

MLS: CTAR #22008877

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