tomo logo

$1,500,000

Beds
5
Baths
4.5
sq ft
4,028

1011 Arrowhead Pt, Anderson, SC 29625

1011 Arrowhead Pt

Anderson, SC 29625

  • 131 days on market
Just minutes off I-85 at Exit 14, this waterfront home is in one of Lake Hartwell's most sought after locations. 1011 Arrowhead Point is only 15 minutes from Clemson University, and those commuting to Greenville can reach their destination in just 40 minutes. It's central location is one of the reasons Lake Hartwell has become the southeast's most popular recreational lake -- we're 2 hours from either Atlanta or Charlotte, and only 4 hours from Charleston. In addition to the convenient location, there's no HOA. Most importantly, you will never have to worry about the water depth at the end of the dock here. The front door leads into a 2 story foyer with the formal dining room to the left, which is currently being used as a billiards room. Straight ahead, you will find the 2 story living area with a fireplace and built-in shelving. This area is completely open to the large breakfast area. From here, you can go out onto the screened porch or open deck overlooking the lake. The kitchen has tons of cabinet space, an island, gas cooktop, wall oven, and built-in microwave. Also located on the main level, is the home's spacious primary suite. The bedroom has large windows on the lake side, as well as sliding glass doors leading to the screened porch. The primary bathroom has been completely updated and includes separate vanities, jetted tub, walk-in shower, separate water closet, and a walk-in closet. A half bathroom and laundry room complete this level. Upstairs you'll find two additional bedrooms, two full bathrooms, and a bonus room currently being used as a bedroom. The finished lower level has another bedroom, full bathroom, and a rec room with a wet bar that leads out to a patio. A concrete path leads from the patio down to the dock. Additional dryer hookups are located in the attached 2 car garage. The home is currently used as a short-term rental, which may restrict showing availability.

Details

Property type

Single Family Residence

Est. home value

$1,121,080

Lot size

0.57 acres

Price per sq ft

$373

Year built

2005

Price History

05/08/2024
WesternUpstateMLS

WesternUpstateMLS #20274641

Listed
$1,500,000
+66.67%
11/30/2022
WesternUpstateMLS

WesternUpstateMLS #20255963

Sold
$900,000

Schools & Community

Elementary school: 

Lafrance

Middle school: 

Riverside Middl

High school: 

Pendleton High

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

$678,251
Asking price
$1,500,000
Closing costs (~8% of asking)
-$120,000
Est. remaining loan balance
-$701,749
Cash to seller
$678,251

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

November 2022

Original loan amount

$715,000

Est. remaining balance

$701,749

Interest rate

6.92%

Loan type

New Conventional, 30 year

Seller

Tuan A Cao and Cindy Cao

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: 09/16/2024 at 4:00 PM

Listing updated: 05/15/2024 at 1:44 PM

Listed by: Quigley Team, Parker Quigley Properties LLC Phone #: (866) 244-8439

MLS: WesternUpstateMLS #20274641

WesternUpstateMLS logo

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