tomo logo

$2,450,000

Beds
5
Baths
3.5
sq ft
Unknown

1308 Palmetto Blvd, Edisto Island, SC 29438

1308 Palmetto Blvd

Edisto Beach, SC 29438

  • <1 day on market
Surf & sand are just steps away from this oceanfront home on a large lot in mid-island location w/ pool. Well equipped to sleep 17, this is an excellent rental, too! Welcoming front deck opens to kitchen/dining/living area, out to another large sundeck looking over the pool & out to the beach. Kitchen is well equipped w/ cabinets & counter space & bar style seating.There's a bunk rm left of kitchen, w/laundry closet (full sz W/D), & PBR suite w/ French doors to beach side deck. The right side of the home has 3BR w/2BA. Downstairs, you'll find extra sleeping area w/ 1/2 bath & pool table & wet bar. Exit to covered patio w/ h/c o/s shower. The salt water swimming pool can be heated for cool weather use. 3 covered parking bays. Attractively furnished & ready to go! 2024 rentals grossed $171K

Details

Property type

Single Family Residence

Est. home value

$1,734,344

Lot size

0.64 acres

Price per sq ft

Unknown

Year built

1972

Annual property taxes

$22,729.14

Price History

02/01/2025
CTAR

CTAR #25002669

Listed
$2,450,000
+127.06%
07/10/2020
CTAR

CTAR #20004790

Sold
$1,079,000
-2.72%
03/16/2018
CTAR

CTAR #17015863

Sold
$1,109,200

Schools & Community

Elementary school: 

Black Street Elementary

Middle school: 

Colleton

High school: 

Colleton

Community features: 

Pool

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

$1,473,309
Asking price
$2,450,000
Closing costs (~8% of asking)
-$196,000
Est. remaining loan balance
-$780,691
Cash to seller
$1,473,309

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

Seller’s Loan History

Lender

South State Bank

Loan start date

July 2020

Original loan amount

$863,200

Est. remaining balance

$780,691

Interest rate

3.24%

Loan type

New Conventional, 30 year

Seller

Nathan G Mains and Emily Mains

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: 02/02/2025 at 5:45 AM

Listing updated: 02/01/2025 at 9:25 PM

Listed by: Hollace M Savage, Edisto Sales & Rentals Realty Phone #: (843) 869-2527

MLS: CTAR #25002669

CTAR logo

Recently listed in Edisto Beach

$999,000|4 bd|2.0 ba|House
$1,295,000|4 bd|3.5 ba|House
$886,000|3 bd|2.0 ba|House
$1,895,000|5 bd|5.5 ba|House

Explore top cities in South Carolina