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$3,175,000

Beds
3
Baths
3.0
sq ft
Unknown

1220 Middle St, Sullivans Island, SC 29482

1220 Middle St

Sullivans Island, SC 29482

  • 162 days on market
    • Price drop $75,000↓
Wonderful renovated historic home located on the western end of Sullivan's Island. This home was constructed circa 1910 as the living quarters for the Fort Moultrie hospital's nurses. The current owner has completely renovated the home. At just over 2500 heated square feet, the home boasts 3 bedrooms with 3 baths, open kitchen and living area, front room with fireplace, and a side room that can be used as an office or small bedroom. The second level has two bedrooms that share a hall bathroom. Enjoy sitting on the front porch and dreaming of days gone by or just take a short 2 minute walk to access the beach. The new master suite is just off the main living area and was an addition that was completed a few years ago.

Details

Property type

Single Family Residence

Est. home value

$1,701,926

Lot size

7,840.8 sq ft

Price per sq ft

Unknown

Year built

1910

Annual property taxes

$3,425

Price History

10/11/2024
CTAR

CTAR #24015108

Price change
$3,175,000
-2.31%
09/13/2024
CTAR

CTAR #24015108

Listed
$3,250,000
07/17/2024
CTAR

CTAR #24015108

Pending
$3,250,000

Schools & Community

Elementary school: 

Sullivans Island

Middle school: 

Moultrie

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

$2,613,840
Asking price
$3,175,000
Closing costs (~8% of asking)
-$254,000
Est. remaining loan balance
-$307,160
Cash to seller
$2,613,840

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

Seller’s Loan History

Lender

Suntrust Mortgage Inc

Loan start date

August 2016

Original loan amount

$374,300

Est. remaining balance

$307,160

Interest rate

3.54%

Loan type

New Conventional, 30 year

Seller

Michael K O Sullivan and Mary Emily O Sullivan

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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1914 Central Av, Sullivans Island, SC 29482

Status: Active

Tomo last checked: 11/22/2024 at 7:55 PM

Listing updated: 10/11/2024 at 10:31 AM

Listed by: Tim Reese, Dunes Properties of Chas Inc Phone #: (843) 886-5600

MLS: CTAR #24015108

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