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$845,482Estimated home value

Beds
5
Baths
4.5
sq ft
Unknown

1160 Rivers Reach Dr, Charleston, SC 29492

1160 Rivers Reach Dr

Wando, SC 29492

  • Sold On 8/5/2020
This gorgeous 5 bedroom, 4.5 bath home has everything you need to enjoy the Charleston lifestyle, including space for your boat! Features include elevator shaft, first floor master suite, large screened porch, separate dining, mother-in-law suite/media room on ground floor, & 3 car garage. You'll appreciate the high ceilings, handsome wood trim, hardwood floors in main living areas, & fireplace in great room. Fantastic eat-in kitchen has double ovens, granite counters & pantry. The beautifully landscaped yard includes outdoor fireplace, fenced backyard, patio, & concrete boat pad. Wonderful location close to the new Phillip Simmons Schools with walking trail from neighborhood! There is a neighborhood dock with boat slips that could be available. Easy access to I-526 and Mount Pleasant!In addition to the ground floor suite with outside access, there is an upstairs bedroom w/ en-suite bath. You'll find room for everyone in this spacious home!

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

Annual property taxes

$3,989.83

Monthly HOA fee

$57.92

Price History

12/11/2024
CTAR

CTAR #24026893

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

CTAR #24026893

Listed
$1,150,000
+107.96%
08/05/2020
CTAR

CTAR #20013431

Sold
$553,000
+14.61%

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

$93,987
Asking price
$565,000
Closing costs (~8% of asking)
-$45,200
Est. remaining loan balance
-$425,813
Cash to seller
$93,987

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

$425,813

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?

Status: Off Market

Tomo last checked: 01/17/2025 at 8:25 PM

Listing updated: 09/10/2024 at 1:05 PM

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

MLS: CTAR #20013431

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