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$1,100,000

Beds
5
Baths
4.5
sq ft
Unknown

1160 Rivers Reach Dr, Charleston, SC 29492

1160 Rivers Reach Dr

Wando, SC 29492

  • 16 days on market
    • Open house Feb 23
Stunning NEWLY RENOVATED 5-Bedroom, 4.5-Bath home with BOAT SLIP LEASE AVAILABILITY, Mother in Law suite/ apt with rental income, heated and chilled brand new Pool, elevator shaft with public boat dock with many luxury features only minutes away from schools and shopping!Experience the ultimate Charleston lifestyle in this newly renovated 5-bedroom, 4.5-bath home, featuring everything you need--includingspace for your boat in the 3 car garage or car collection. This home has been meticulously updated, offering brand-new flooring throughout, a beautifully renovated kitchen with breathtaking quartz countertops, and a newly built heated and chilled pool, perfect for year-round entertaining.The spacious layout includes a first-floor master suite, a large screened porch, and a separate dining room. An elevator shaft adds convenience, and the ground-floor mother-in-law suite/media room currently generates rental income, with its own private entrance The 3-car garage provides ample storage for vehicles or recreational gear. Inside, you'll appreciate the high ceilings, brand-new LVP flooring in the main living areas, and fresh carpeting upstairs. The entire home has been freshly painted, including the front steps, deck, spindles, columns, handrails, and steps, giving it a crisp, inviting look. One of the standout features is the coastal-inspired eat-in kitchen, boasting double ovens, quartz countertops, and a pantry. The professionally landscaped yard includes a cozy outdoor fireplace, a fenced backyard, a spacious patio, perfect for enjoying the outdoors. Located in a prime area close to the new Phillip Simmons Schools, this home offers easy access to walking trails, a neighborhood boat dock , and the vibrant Point Hope shopping center, just a 2-mile golf cart ride away. With quick access to I-526 and Mount Pleasant, this home truly has it all! Don't miss your chance to own this spacious, well-appointed home with room for everyone. Schedule your private tour today!

Details

Property type

Single Family Residence

Est. home value

$845,482

Lot size

9,583.2 sq ft

Price per sq ft

Unknown

Year built

2007

Monthly HOA fee

$75

Price History

02/06/2025
CTAR

CTAR #25003096

Listed
$1,100,000
-4.35%
12/11/2024
CTAR

CTAR #24026893

Removed
$1,150,000
10/21/2024
CTAR

CTAR #24026893

Listed
$1,150,000
+107.96%

Schools & Community

Elementary school: 

Philip Simmons

Middle school: 

Philip Simmons

High school: 

Philip Simmons

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

$587,083
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$424,917
Cash to seller
$587,083

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

July 2020

Original loan amount

$470,050

Est. remaining balance

$424,917

Interest rate

3.21%

Loan type

New Conventional, 30 year

Seller

Julian Wayne Scarbrough Ii and Kimberly Marian Scarbrough

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: 02/22/2025 at 1:20 PM

Listing updated: 02/21/2025 at 9:20 AM

Listed by: Natalie Bodie, Real Broker, LLC Phone #: (855) 450-0442

MLS: CTAR #25003096

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