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$5,495,000

Beds
4
Baths
4.5
sq ft
Unknown

1723 Middle St, Sullivans Island, SC 29482

1723 Middle St

Sullivans Island, SC 29482

  • 66 days on market
    • Price drop $300,000↓
Wonderful quality construction on historic Sullivans Island built by an established high end builder as his personal residence. As you enter the home through a large screened porch, you'll find a cozy swing where you can read a book or enjoy the island breeze. The builder utilized trim work and integrated it throughout to enhance the home's character and design. This beautiful home features Brazilian cherry floors, 10 foot ceilings throughout, coffered ceilings in the living, dining and sunroom, shiplap throughout, bead board, wainscoting, 12 inch baseboards, board and batten, and glass transom windows above doors and uniquely shaped windows.Multiple French doors surround the great room that opens to a private deck overlooking an elevated gunite heated Wi-Fi controlled pool. The sunroom off the living room has a fireplace, coffered ceilings, abundant light, and a door to the deck and pool. The gourmet kitchen features, custom cabinetry, island with stainless farm sink, two drawer dishwashers, high end appliances, including a Subzero counter depth refrigerator, 48 inch Viking range with double ovens and stainless steel hood and microwave. There is a plethora of storage, plus you will find additional space in the pantry off the kitchen. You'll enjoy entertaining large groups in the dining room located off the kitchen, which is light and bright with access to the front screen porch. The main floor has a charming powder room off the hall, and a second primary suite with a spacious bathroom, double vanity, walk-in glass shower, and french doors leading to the pool. A three stop elevator shaft is in place and offers convenient storage. Upstairs you will find two additional guest suites with vaulted ceilings, window, coverings, custom closets, and en-suite baths. The primary suite is located upstairs with large windows, vaulted ceilings, and access to its own private deck. You'll appreciate the en-suite bathroom with double marble vanity, heated flooring, soaking tub, and steam walk-in shower. New roof in 2024, new upstairs HVAC system in 2023, fresh exterior paint, and a dehumidifier systems in the attic and garage storage room. Wi-Fi controlled Nest, pool, and surround speaker system with controls. You will be truly impressed by the well thought out design, quality, and high end finishes. Plus, it provides easy access to the beaches, boat ramp, Officer's Quarters, restaurants and parks. A beautiful home, nestled in the middle of Paradise!

Details

Property type

Single Family Residence

Est. home value

$5,600,901

Lot size

0.35 acres

Price per sq ft

Unknown

Year built

2008

Annual property taxes

$9,928

Price History

10/14/2024
CTAR

CTAR #24022039

Price change
$5,495,000
-5.18%
08/31/2024
CTAR

CTAR #24022039

Listed
$5,795,000
+20.73%
06/21/2023
CTAR

CTAR #23009543

Sold
$4,800,000
+118.18%

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

$1,806,158
Asking price
$5,495,000
Closing costs (~8% of asking)
-$439,600
Est. remaining loan balance
-$3,249,242
Cash to seller
$1,806,158

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

June 2023

Original loan amount

$3,300,000

Est. remaining balance

$3,249,242

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Karen Herndon

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 7:15 PM

Listing updated: 10/14/2024 at 10:41 AM

Listed by: Jennifer Hale, Coldwell Banker Realty Phone #: (843) 856-8800

MLS: CTAR #24022039

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