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$1,390,000

Beds
3
Baths
2.5
sq ft
Unknown

1433 Martins Point Rd, Wadmalaw Island, SC 29487

1433 Martins Point Rd

Wadmalaw Island, SC 29487

  • 77 days on market
    • Price drop $110,000↓
A nature lover's retreat on almost fifteen acres of secluded, mature hardwoods and old growth azaleas. Perfect for those seeking to escape the bustling city of Charleston, 1433 Martins Point Road provides a serene haven where you can truly unwind. A virtual wildlife sanctuary, you will see deer, turkeys and a plethora of bird species right from your own backyard.The custom-built, single-story home has been thoughtfully updated with modern touches, including custom cabinetry, elegant quartz countertops, and top-of-the-line stainless steel LG appliances. The bathrooms have been beautifully renovated with ceramic tile flooring and stylish tile showers. A wonderful large screened-in back porch allows for easy entertaining, grilling and simply relaxing.The new metal equipment/storage building and additional storage building gives you room for all your toys, tools and equipment. With two adjacent parcels, the possibilities are endless. Whether you're looking to build additional homes, outbuildings, or simply enjoy the open space, this property offers the flexibility you need. Explore the trails that meander through the property, offering a very peaceful setting with minimal neighbors and NO HOA. Gardening enthusiasts will appreciate the vast opportunities for cultivation, and there's plenty of room for a swimming pool or even horses. Located just 21 miles from downtown Charleston on rural Wadmalaw Island which is now one-third permanently protected.

Details

Property type

Single Family Residence

Est. home value

$946,367

Lot size

14.11 acres

Price per sq ft

Unknown

Year built

1991

Annual property taxes

$6,816.64

Price History

09/05/2024
CTAR

CTAR #24021077

Price change
$1,390,000
-7.33%
08/20/2024
CTAR

CTAR #24021077

Listed
$1,500,000

Schools & Community

Elementary school: 

Frierson

Middle school: 

Haut Gap

High school: 

St. Johns

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

$893,582
Asking price
$1,390,000
Closing costs (~8% of asking)
-$111,200
Est. remaining loan balance
-$385,218
Cash to seller
$893,582

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

Seller’s Loan History

Lender

Newrez Llc

Loan start date

June 2022

Original loan amount

$400,000

Est. remaining balance

$385,218

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Shaun W Horn and Wendy R Horn

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: 11/05/2024 at 8:25 PM

Listing updated: 09/13/2024 at 11:18 AM

Listed by: Huger Sinkler, Holcombe Fair & Lane Phone #: (843) 722-2642

MLS: CTAR #24021077

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