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$4,250,000

Beds
5
Baths
3.5
sq ft
Unknown

2256 Ion Av, Sullivans Island, SC 29482

2256 Ion Av

Sullivans Island, SC 29482

  • 10 days on market
Rare opportunity to purchase a centrally located Sullivan's Island home that retains many of its original historic details, combined with recent modern additions. This charming home greets guests with a large entry foyer with heart pine floors that are found throughout the home. Adjacent to the foyer is the living room with adjoining sunroom. Opposite is the beautifully appointed separate dining room. The updated kitchen welcomes plenty of natural light and is open to the family room. It offers granite countertops, stainless steel appliances, and an island with seating. Off of the family room, which has a gas fireplace and built-in bookshelves, is a large deck overlooking the expansive backyard.The primary suite is also accessed off the family room and offers multiple closets and a large bathroom. Also on the first floor is a laundry room, a study/den/office, and a half-bath with designer touches. Two bedrooms are located on the second floor, along with an updated full bath and an east facing deck. As with much of the house, the second floor has a significant amount of beadboard, adding to the historic fiber of the property. On the lower level, there are two more bedrooms, a full bathroom, a kitchenette, and large family room. It's a perfect spot for guests or older children. On the exterior, a welcoming screen porch greets guests and is great for entertaining with both a sitting area and an outdoor dining space. The property also has a one car garage and a carport for a golf cart. There is a second laundry room under the deck that is perfect when returning from the beach. The street-to-street lot is half an acre and offers expansive space for a large pool. There is fantastic potential for the next owner to customize the yard into their own coastal retreat. The desirable location of the lot is just a short stroll to the beach at Station 22.5, or to all the restaurants and shopping Sullivan's Island has to offer. The current home offers five bedrooms, three-and-a-half bathrooms, and 3,470 sqft. Available are exceptional town approved plans by Beau Clowney that would add two bedrooms, two full bathrooms, and approximately 900 sqft. The plans include a covered porch with outdoor fireplace off of the kitchen and a separate garage with an office above. These stellar plans offer modern living while keeping the historic feel.

Details

Property type

Single Family Residence

Est. home value

$3,591,327

Lot size

0.51 acres

Price per sq ft

Unknown

Year built

1930

Price History

01/22/2025
CTAR

CTAR #25001822

Listed
$4,250,000
+126.67%
08/06/2020
CTAR

CTAR #19015856

Sold
$1,875,000

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

$2,554,026
Asking price
$4,250,000
Closing costs (~8% of asking)
-$340,000
Est. remaining loan balance
-$1,355,974
Cash to seller
$2,554,026

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

July 2020

Original loan amount

$1,500,000

Est. remaining balance

$1,355,974

Interest rate

3.21%

Loan type

New Conventional, 30 year

Seller

Josh Overbay and Emily Overbay

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: 02/02/2025 at 7:05 AM

Listing updated: 01/27/2025 at 3:10 PM

Listed by: Beau Mueller, Carriage Properties LLC Phone #: (843) 266-8000

MLS: CTAR #25001822

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