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$11,350,000

Beds
6
Baths
5.5
sq ft
Unknown

1750 Ion Av, Sullivans Island, SC 29482

1750 Ion Av

Sullivans Island, SC 29482

  • 59 days on market
On Sullivan's Island, SC on a quiet, oak tree-lined street, on high ground and only two blocks from the beach, sits a historic gem originally constructed in 1900 by the Army Corps of Engineers. Recently, this home was expertly restored, added onto and meticulously updated to ensure the preservation of its timeless charm while creating a connected modern floor plan with all the contemporary comforts of today's living.The historical features include: vertical grain heart pine floors, fully functional fireplaces with original tile surrounds, chandeliers, wraparound porches on both the first and second floors, pressed tin 11' ceilings, substantial crown moulding throughout and exposed beam porches.The first floor of the home flows from the front porch into a lovely foyer, living, dining, and family rooms, then into the new kitchen, sitting area and scullery designed for entertaining and cooking with high end appliances and modern, inspiring finishes. The first floor of the home is flanked on each side by open and bright sun porches, one with a custom wet bar and the other an office, the full depth of the home with floor to ceiling windows. The second floor boasts four generously sized bedrooms, all with new en suite bathrooms, direct access to covered porches, and two featuring original working fireplaces. Also on the second floor is an additional laundry room to complement the mud room laundry located off the kitchen at the rear of the home. On the third floor of the home, you will find an additional living space connected to two bedrooms and a shared bath, all with access to a rooftop deck. Outside, the meticulously landscaped fenced yard features citrus, palm and live oak trees shading a crushed oyster shell dining area. Additional highlights include a whole house generator, a new carport with room for multiple vehicles, detached shed, and two outdoor showers. This charming stunner is at the center of a wonderful community, just a short stroll from the beach and an easy walk, bike or golf cart ride to the island's top restaurants and shops.

Details

Property type

Single Family Residence

Est. home value

$5,352,259

Lot size

0.38 acres

Price per sq ft

Unknown

Year built

1900

Price History

09/09/2024
CTAR

CTAR #24023200

Listed
$11,350,000
+183.75%
06/24/2021
CTAR

CTAR #21010956

Sold
$4,000,000
+109.15%
04/12/2018
CTAR

CTAR #17004973

Sold
$1,912,500

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

$8,216,105
Asking price
$11,350,000
Closing costs (~8% of asking)
-$908,000
Est. remaining loan balance
-$2,225,895
Cash to seller
$8,216,105

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 Na

Loan start date

June 2021

Original loan amount

$2,400,000

Est. remaining balance

$2,225,895

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Bradley S Taylor and Talbot R Taylor

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: 11/08/2024 at 7:10 AM

Listing updated: 10/10/2024 at 6:47 PM

Listed by: Jimmy Dye, The Cassina Group Phone #: (843) 628-0008

MLS: CTAR #24023200

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