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$2,999,999

Beds
3
Baths
3.5
sq ft
3,528

108 Fairbanks Oak Aly Unit 202, Daniel Island, SC 29492

108 Fairbanks Oak Aly Unit 202

Charleston, SC 29492

  • 48 days on market
    • Price drop $150,001↓
Deeded Deepwater Slip! Welcome to 108 Fairbanks Oak Alley, a luxurious retreat set back on the serene banks of the Wando River in the prestigious Daniel Island community.. This exclusive nine-unit condominium building offers unparalleled privacy and sophistication, nestled between the majestic Fairbanks Grand Oaks and the tranquil marshlands.Approaching the property, you'll be greeted by the elegance of large white columns framing the entrance, leading you into meticulously manicured landscaping that comes alive at night with carefully designed lighting accentuating the beauty of the surroundings.Completed in 2022 after a three-year frame-out rebuild, this condominium offers the epitome of modern luxury living.Included with the unit is a deeded deep water 50-foot boat slip in the condominium's own 10-slip marina, currently undergoing a complete rebuild and set to be completed in July. Upon entering Unit 202, you'll be struck by the spaciousness and custom design of this 3500+ square foot residence. The open, well-lit living area features large windows adorned with custom coverings, providing breathtaking views of the Wando River and the surrounding gardens. Entertain with ease in the large dining room, living room, and breakfast nook, all seamlessly connected to the gourmet kitchen. Boasting top-of-the-line Thermador appliances, including double ovens and a 6-burner gas stove, along with two dishwashers and a wine cooler, this kitchen is a chef's dream. The primary bedroom is a serene sanctuary, complete with a large walk-in closet and French doors opening onto a private balcony overlooking the Wando River. The well-appointed primary bath features a garden tub and shower, offering the perfect retreat after a long day. On the opposite side of the unit, two additional bedrooms each feature walk-in closets and en-suite baths, one of which has been thoughtfully converted into a library with built-in desk areas and shelves (can be removed by seller), perfect for both work and relaxation. Additional amenities include a spacious butler's pantry, a large "Costco" closet with an extra refrigerator, and a liquor room with a 150+ bottle wine cooler. In summary, 108 Fairbanks Oak Alley offers the epitome of luxury waterfront living in a private, gated community close to all the amenities Daniel Island has to offer. Don't miss your chance to experience the height of Charleston living in this stunning condominium residence. A $2500 Lender Credit is available and will be applied towards the buyer's closing costs and pre-paids if the buyer chooses to use the seller's preferred lender. This credit is in addition to any negotiated seller concessions.

Details

Property type

Condominium

Est. home value

$1,789,316

Lot size

Unknown

Price per sq ft

$851

Year built

2015

Annual property taxes

$6,894

Monthly HOA fee

$1,400

Price History

06/29/2024
CTAR

CTAR #24012318

Price change
$2,999,999
-4.76%
05/15/2024
CTAR

CTAR #24012318

Listed
$3,150,000
+162.5%
03/20/2017
CTAR

CTAR #15027334

Sold
$1,200,000

Schools & Community

Neighborhood: 

Daniel Island

Elementary school: 

Daniel Island

Middle school: 

Philip Simmons

High school: 

Philip Simmons

Community features: 

Gated, Park

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

$2,392,388
Asking price
$2,999,999
Closing costs (~8% of asking)
-$240,000
Est. remaining loan balance
-$367,611
Cash to seller
$2,392,388

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

September 2017

Original loan amount

$425,000

Est. remaining balance

$367,611

Interest rate

4.03%

Loan type

New Conventional, 30 year

Seller

Janet Fiorenza

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 7:00 PM

Listing updated: 07/01/2024 at 9:13 AM

Listed by: Mike Simmons, Carolina One Real Estate Phone #: (843) 284-1800

MLS: CTAR #24012318

CTAR logo

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