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$1,695,000

Beds
3
Baths
2.0
sq ft
1,431

3 Wills Way, Isle Of Palms, SC 29451

3 Wills Way

Isle of Palms, SC 29451

  • 70 days on market
Welcome to Tropicana Cabana, a gem resting on Isle of Palms just a few blocks to the Atlantic Ocean. This home is nestled on a quiet cut-de-sac with quick access to all island living amenities....beach, rec department, dog park, pickle ball courts, marina - the list goes on. Three Wills Way offers single level living professionally decorated and comes fully turnkey (furnishing, home decor, and appliances) perfect for a second home, investment property, or primary residence. This home is elevated making flood insurance very low, and has a loft for additional space. Fenced in back yard allows for the addition of a pool or excellent play space for children and or pets. A three car garage is expansive allowing cars, golf carts and all of your beach toys a place to call home.There is a spot for boat and trailer parking at the end of the driveway on this property. No HOA, No Regime, and No rental restrictions. You don't want to miss this one. Three Wills Way is ready for you!

Details

Property type

Single Family Residence

Est. home value

$1,475,413

Lot size

0.24 acres

Price per sq ft

$1,185

Year built

1987

Annual property taxes

$13,490

Price History

07/11/2024
CTAR

CTAR #24017707

Listed
$1,695,000
+26.68%
04/06/2022
CTAR

CTAR #22004634

Sold
$1,338,000

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

$792,228
Asking price
$1,695,000
Closing costs (~8% of asking)
-$135,600
Est. remaining loan balance
-$767,172
Cash to seller
$792,228

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

April 2022

Original loan amount

$802,800

Est. remaining balance

$767,172

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

John L Mclean

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: 09/19/2024 at 5:55 PM

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

Listed by: Layne Mccombs Kipp, Dunes Properties of Chas Inc Phone #: (843) 886-5600

MLS: CTAR #24017707

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