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$2,125,000

Beds
4
Baths
3.5
sq ft
2,350

10 Frank Sottile Ln, Isle Of Palms, SC 29451

10 Frank Sottile Ln

Isle of Palms, SC 29451

  • 60 days on market
    • Price drop $50,000↓
Price Reduction! Welcome home to this LowCountry coastal retreat nestled on the prestigious Isle of Palms in Charleston, South Carolina. This two-story haven, boasting four bedrooms and 3 1/2 baths, embodies luxury resort living at its finest. Featuring not one, but dual primary suites, this residence offers unparalleled comfort and convenience. With panoramic views overlooking the lush greens of the Wild Dunes Golf Course, enjoy the serenity of your surroundings from the comfort of your own home. Situated in a quiet area of the island and just outside the gates for effortless access, revel in the ease of island living while being mere steps away from the marina and a short stroll from the pristine beaches. Owners can acquire golf membership without HOA feesand enjoy golf cart access from the back yard. Inside you can indulge in the epitome of modern elegance with this meticulously updated home. It showcases a fully remodeled kitchen, complete with sleek hardwood floors throughout the main level, luxurious quartz countertops, and a custom appliance package that will inspire your inner chef. With three walls of glass doors, bring nature to your living room and bask in the golden island morning light. Surround yourself in luxury with brand new remodeled bathrooms, exuding sophistication and style. Spacious secondary bedrooms are all light-filled, en suite retreats. The main level bedroom (currently a study) is functional for your particular needs- a study, a secondary master, a formal living space, a playroom, or guest suite. Ample storage space underneath beckons the opportunity for a private workout area or workshop, storage for all of the water toys, parking for cars and carts, and ensuring functionality meets versatility. After a day of seaside adventures, rinse off in the outdoor shower before unwinding on the expansive screen porch, offering panoramic views of paradise. Entertain or relax on any of the many porches, and make lasting memories with family and friends year round overlooking the lagoon. Walk to the IOP marina or Islander 71 restaurant, and even carry or cart your stand up paddle boards to the ICW for some solitude. With custom finishes adorning every corner, this home is a testament to refined coastal living at its finest. Welcome to your sanctuary at 10 Frank Sottile Lane, where coastal charm meets resort-style living! A chance to see this home is now available-Back on Market due to no fault of the seller!

Details

Property type

Single Family Residence

Est. home value

$1,513,467

Lot size

7,405.2 sq ft

Price per sq ft

$905

Year built

1997

Annual property taxes

$2,331

Price History

06/15/2024
CTAR

CTAR #24011285

Price change
$2,125,000
-2.3%
05/31/2024
CTAR

CTAR #24011285

Price change
$2,175,000
-1.09%
05/14/2024
CTAR

CTAR #24011285

Listed
$2,199,000

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

$1,568,940
Asking price
$2,125,000
Closing costs (~8% of asking)
-$170,000
Est. remaining loan balance
-$386,060
Cash to seller
$1,568,940

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

November 2019

Original loan amount

$425,000

Est. remaining balance

$386,060

Interest rate

3.65%

Loan type

New Conventional, 30 year

Seller

Andrew P Sabine and Leigh A Sabine

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: 07/02/2024 at 6:55 PM

Listing updated: 06/16/2024 at 12:34 AM

Listed by: Lauren Simons, The Boulevard Company, LLC Phone #: (843) 619-7816

MLS: CTAR #24011285

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