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$1,499,000

Beds
4
Baths
2.0
sq ft
1,450

208 Palmetto Blvd, Edisto Island, SC 29438

208 Palmetto Blvd

Edisto Island, SC 29438

  • 61 days on market
Fantastic rental producer - $110K+ for the past 3 years! Ocean front cottage w/ 4BR/2BA - ideal Edisto floor plan, screened porch & sun deck @ ocean's edge! Renovations made this beach house easy to enjoy! Roof was new in 2016, HVAC-2017, siding & windows ~ 5yrs old. Newer flooring, countertops, sea wall & h/c outdoor shower add to the appeal of this seaside home. This classic cottage comes furnished w/ open L/D/K - perfect for entertaining. The kitchen has bar style seating for quick snacks & a table for serving your favorite seafood dinner! 2BR on each side share hall bath. Park 4 cars underneath on the cemented carport. Enjoy summertime treats at the picnic table along w/ sea breezes. The laundry room is just before the entry door on Palmetto Blvd side w/ full sized washer & dryer.Easy stroll (or bike ride) to the state park, grocery store, & several restaurants. This home can be seen on Sundays between 11-3. between the rental turnover.. Purchaser must honor 90 days of rentals from date of closing per SCVRMA.

Details

Property type

Single Family Residence

Est. home value

$1,171,029

Lot size

0.25 acres

Price per sq ft

$1,034

Year built

1986

Annual property taxes

$15,134.59

Price History

07/08/2024
CTAR

CTAR #24017366

Listed
$1,499,000
-3.23%
06/04/2024
CTAR

CTAR #24007417

Removed
$1,549,000
05/03/2024
CTAR

CTAR #24007417

Price change
$1,549,000
-0.06%

Schools & Community

Elementary school: 

Black Street Elementary

Middle school: 

Colleton

High school: 

Colleton

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Southern First Bank Na

Loan start date

August 2020

Original loan amount

$701,000

Est. remaining balance

Not provided

Interest rate

3.13%

Loan type

Commercial, 7 year

Seller

208 Palmetto Llc

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: 09/07/2024 at 9:45 PM

Listing updated: 08/23/2024 at 6:13 AM

Listed by: Hollace M Savage, Edisto Sales & Rentals Realty Phone #: (843) 869-2527

MLS: CTAR #24017366

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