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$1,250,000

Beds
6
Baths
5.5
sq ft
Unknown

1125 Rifle Range Rd, Mount Pleasant, SC 29464

1125 Rifle Range Rd

Mount Pleasant, SC 29464

  • 26 days on market
    • Price drop $100,000↓
    • Open house Apr 13
This is the dream investment opportunity you've been waiting for! This well maintained and expanded ranch has a main residence, as well as two separate attached units with their own entrance and a detached garage conversion and a small office shed currently being used as a work out room with additional possibilities. The main house includes a large eat in kitchen, living room with wood burning fireplace, a formal dining space, 3 bedrooms and 2.5 bathrooms. Each additional unit includes a living room, kitchen, and bedroom and one full bath-as well as assigned parking spaces. Currently the property enjoys usage as a very lucrative Airbnb - both are attached to the main residence and are licensed by the Town of Mt. Pleasant.Live in the cozy main house and rent out the units to pay your mortgage! A new owner may consider great opportunities for use such as a mother-in-law suite, a corporate rental, a long-term lease, home office or a business, and more. This property is located in the Harborgate Shores community, but there is no required HOA. In addition, given the ample paved parking space on both sides of the house, this property is ideal for a small business owner who wants to work from home as well. All while still having room to park a boat, trailer, and more. Fantastic opportunity to own in the heart of Mt Pleasant. This Location is less than 3 miles from Sullivan's Island where you can ride your bike to beat the beach traffic, walk to the coffee shop and workout studios, or take your golf cart and take fido to play at the park. If you prefer to get out on the water Shem Creek is an easy ride down the road or enjoy a sunset picnic at Pitt Street Bridge - all within biking (or golf carting!) distance from your new home. Not to mention a short drive to Downtown and an easy jump onto I-26 or I-526 to get to the airport with ease. With such close proximity to wonderful schools, restaurants, shopping, and more this location cannot be beat.

Details

Property type

Single Family Residence

Est. home value

$951,626

Lot size

0.25 acres

Price per sq ft

Unknown

Year built

1977

Price History

04/09/2025
CTAR

CTAR #25006798

Price change
$1,250,000
-7.41%
03/14/2025
CTAR

CTAR #25006798

Listed
$1,350,000
+241.77%
09/12/2019
CTAR

CTAR #19014775

Sold
$395,000

Schools & Community

Elementary school: 

Mamie Whitesides

Middle school: 

Laing

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

$816,106
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$333,894
Cash to seller
$816,106

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 Federal Bank

Loan start date

September 2019

Original loan amount

$375,250

Est. remaining balance

$333,894

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Patrick J Daly Jr and Kathleen P Daly

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?

Status: Active

Tomo last checked: 04/10/2025 at 7:05 AM

Listing updated: 04/09/2025 at 8:16 PM

Listed by: Jackie Moore, Deseta Realty Group LLC Phone #: (843) 647-1313

MLS: CTAR #25006798

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