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$2,555,000

Beds
3
Baths
3.0
sq ft
Unknown

2901 Middle St, Sullivans Island, SC 29482

2901 Middle St

Sullivans Island, SC 29482

  • 117 days on market
    • Price drop $95,000↓
Idyllic island location! This 1977 custom-built home sits on a wonderfully landscaped corner lot on the quiet end of the island. Mature live oaks frame the lot's perimeter to offer a sanctuary for your next island retreat. The large .33-acre lot located at Sta 29 & Middle puts you only steps from the Sta 29 beach path and a short walk or bike ride to Breach Inlet and beloved SI shops & restaurants. The open floor plan is great for entertaining, with a sunny, well-appointed kitchen, featuring a large island with ample seating, honed granite countertops, custom cabinetry and stainless steel appliances. Enjoy family time while preparing meals, relax in the expansive living room or mingle in the dining area.Recent updates include a large window-filled sunroom, perfect for family time or morning coffee. Step outdoors to an large 550 sf deck and lower level covered patio offering plenty of space to relax. The large primary bedroom is located on the main level, featuring 2 recently updated ensuite bathrooms, multiple closets with plenty of storage. The two large guest rooms at the front of the home are filled with natural light and offer lots of closet space. The lower level features a laundry room, climatized utility room or home office. Completing the lower level is a 1.5 car garage with ample room for car, golf cart, bikes or beach toys. Also, a roomy outdoor shower and lockable storage space.

Details

Property type

Single Family Residence

Est. home value

$2,487,446

Lot size

0.33 acres

Price per sq ft

Unknown

Year built

1977

Annual property taxes

$4,060

Price History

10/22/2024
CTAR

CTAR #24017661

Listed
$2,555,000
10/13/2024
CTAR

CTAR #24017661

Pending
$2,555,000
09/22/2024
CTAR

CTAR #24017661

Price change
$2,555,000
-3.58%

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

$2,261,896
Asking price
$2,555,000
Closing costs (~8% of asking)
-$204,400
Est. remaining loan balance
-$88,704
Cash to seller
$2,261,896

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

June 2012

Original loan amount

$417,000

Est. remaining balance

$88,704

Interest rate

3.05%

Loan type

New Conventional, 15 year

Seller

Robert S Friedman and Iris E Friedman

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: 11/05/2024 at 11:40 AM

Listing updated: 10/22/2024 at 7:40 PM

Listed by: Rob Byko, ERA Wilder Realty Inc Phone #: (843) 936-6890

MLS: CTAR #24017661

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