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$665,000

Beds
3
Baths
2.0
sq ft
Unknown

204 New Hope Dr, Summerville, SC 29486

204 New Hope Dr

Summerville, SC 29486

  • 46 days on market
    • Price drop $10,000↓
This incredible home sits on **2.3 acres** in New Hope Estates and includes a full detached workshop with electric, air and water. NO HOA allows endless possibilities and space for all your hobby needs. PLUS, the custom brick home with new roof, HVAC and water heater replaced in the last few years, has been meticulously maintained by the original owner. This home offers peaceful, private living within minutes of interstate access, shopping and schools. Upon entering the home's foyer from the covered front porch, you'll be welcomed by an open floor plan with views of the inviting living room, separate dining room, spacious kitchen, and bright Florida room. The open kitchen offers ample counter space and cabinetry, stone flooring, and a breakfast areasurrounded by expansive picture windows overlooking the meticulously landscaped backyard and pool area. The sunken living room, designed for comfort and warmth, boasts tray ceilings and a buck stove fireplace, perfect for year-round gatherings. The Florida room, with its abundant natural light, offers versatile space for various uses. To the left of the foyer, wide accessible hallways lead to a full bathroom, an oversized utility room, and three generously sized bedrooms. The primary bedroom offers substantial space, an extraordinary closet with built-in shelving, a private vanity area, and a full ensuite bathroom with jetted tub and separate shower. Centrally located, the huge utility room is equipped to accommodate a washer, dryer, second refrigerator, freezer, and more. This useful space includes a full pantry, as well as custom-built shelving, cabinetry, folding table and hanging rod for additional storage and convenience. The outdoor area features a brick patio and jasmine-covered pergola offering natural shade, a ceiling fan, and wiring for exterior lighting. A small bridge and stone pathway lead to the wooden deck surrounding a low-maintenance above-ground pool, while a cement fire pit/burn area provides an additional outdoor leisure space. The expansive yard is adorned with hydrangeas, crepe myrtles, tea olive trees, banana trees, and many blooming bulbs. Thoughtful landscaping includes swales to direct excess water away from the home and towards drainage ditches. At the rear of the property, the substantial 2,500+ sq. ft. metal workshop features a private office, secure storage areas, a sliding door for accommodating large equipment, and ample space for parking boats, RVs, or other equipment. Additionally, the property includes areas with full electric, septic, and water hookups, suitable for RV parking.

Details

Property type

Single Family Residence

Est. home value

$404,885

Lot size

2.34 acres

Price per sq ft

Unknown

Year built

1988

Annual property taxes

$1,219.34

Price History

09/12/2024
CTAR

CTAR #24019210

Price change
$665,000
-1.48%
08/29/2024
CTAR

CTAR #24019210

Price change
$675,000
-3.49%
08/22/2024
CTAR

CTAR #24019210

Price change
$699,400
-0.07%

Schools & Community

Elementary school: 

Cane Bay

Middle school: 

Cane Bay

High school: 

Cane Bay High School

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

$343,458
Asking price
$665,000
Closing costs (~8% of asking)
-$53,200
Est. remaining loan balance
-$268,342
Cash to seller
$343,458

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

January 2024

Original loan amount

$270,000

Est. remaining balance

$268,342

Interest rate

7.44%

Loan type

New Conventional, 30 year

Seller

Gerald G Shephard

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: 09/13/2024 at 1:10 PM

Listing updated: 09/12/2024 at 2:08 AM

Listed by: Heather Tyson, Better Homes And Gardens Real Estate Palmetto Phone #: (843) 584-8326

MLS: CTAR #24019210

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