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$785,900

Beds
1
Baths
1.0
sq ft
486

2057 Middle St Unit 18, Sullivans Island, SC 29482

2057 Middle St Unit 18

Sullivans Island, SC 29482

  • 8 days on market
Island life truly is better! No more beach traffic!! Live two blocks from the beach and next to all the restaurants on Sullivan's Island. This is a rare opportunity to live on the island without spending seven figures to do so. Enjoy morning and evenings on the beach with your dog, golf cart rides around the island, and some of the most beautiful sunsets you will see anywhere! The Island House condos have recently been updated with new exterior paint, roof, fence, and repaved parking lot. There are no known additional upcoming special assessments. This cozy condo near the sea has new interior paint and has been well-maintained. This little gem is a MUST-SEE! **The listing agent is the spouse of the seller.

Details

Property type

Condominium

Est. home value

$701,385

Lot size

0.65 acres

Price per sq ft

$1,618

Year built

1973

Annual property taxes

$4,422

Price History

06/29/2024
CTAR

CTAR #24016564

Listed
$785,900

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

$591,416
Asking price
$785,900
Closing costs (~8% of asking)
-$62,872
Est. remaining loan balance
-$131,612
Cash to seller
$591,416

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

September 2012

Original loan amount

$180,900

Est. remaining balance

$131,612

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

David W Pierce Iii and David Pierce

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: 07/07/2024 at 7:55 PM

Listing updated: 07/01/2024 at 2:43 PM

Listed by: Shanel Pierce, Engel & Volkers Charleston Phone #: (843) 805-8011

MLS: CTAR #24016564

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