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$1,495,000

Beds
4
Baths
4.5
sq ft
Unknown

308 S Magnolia St, Summerville, SC 29483

308 S Magnolia St

Summerville, SC 29483

  • 2 days on market
    • Open house Jan 12
Beautifully renovated circa 1886 home located in the heart of downtown Summerville. This historic treasure spans 2,261 sq. ft. and offers three generously sized bedrooms and three full bathrooms, seamlessly blending classic elegance with modern sophistication. The home features impressive 12-foot ceilings, stunning hardwood floors, and updated finishes, including fresh wallpaper and paint throughout.The gourmet kitchen is a chef's dream, complete with a cozy seating area featuring a fireplace with pizza oven. It showcases custom tile work, abundant natural light, a walk-in pantry, high-end stainless steel appliances including a Sub-Zero refrigerator and Thermador range with pot filler, custom cabinetry, upgraded countertops, and elegant fixtures. Formal dining and living roomsprovide additional spaces for entertaining. Large windows (with custom drapery and Roman shades) flood the home with natural light, complementing the expansive central hallway that enhances the open, airy ambiance. The primary suite is a private sanctuary with beautiful natural light, a stylish barn door, and a spa-like en-suite bathroom. The bathroom includes double vanities, a built-in makeup area, a frameless glass walk-in shower, and a spacious walk-in closet. The outdoor space is equally impressive, featuring an iron gate with an automatic opener, a heated and cooled in-ground pool with hardscaping and a water feature, a professional putting green, and lush landscaping. Relax by the outdoor fireplace on the paved patio, complete with a pergola. The guest cottage, built in 2020, offers an impressive 750 sq. ft. of thoughtfully designed living space. It features one bedroom, one full bathroom, and an additional loft, ideal for extra sleeping accommodations or storage. The high-end kitchen is equipped with premium appliances, including a Bertazzoni Italia range and a Blomberg refrigerator. A dedicated laundry room further enhances the functionality of this standalone unit, making it perfect for long-term guests, family, or use as an income-producing rental. No detail has been overlooked in this meticulously restored historic masterpiece, offering a seamless blend of classic elegance and modern conveniences.

Details

Property type

Single Family Residence

Est. home value

$923,022

Lot size

0.52 acres

Price per sq ft

Unknown

Year built

1886

Annual property taxes

$7,437.54

Price History

01/04/2025
CTAR

CTAR #25000278

Listed
$1,495,000
+92.93%
10/16/2020
CTAR

CTAR #20018833

Sold
$774,900

Schools & Community

Elementary school: 

Summerville

Middle school: 

Alston

High school: 

Summerville

Community features: 

Tennis Court(s)

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

Townebank Mortgage

Loan start date

July 2015

Original loan amount

$289,500

Est. remaining balance

$19,417

Interest rate

3.05%

Loan type

New Conventional, 10 year

Seller

Rick Olson and Jennifer Olson

Lender

Townebank Mortgage

Loan start date

July 2015

Original loan amount

$289,500

Est. remaining balance

$19,417

Interest rate

3.05%

Loan type

New Conventional, 10 year

Seller

Rick Olson and Jennifer Olson

Lender

First National Bank Of South Carolina

Loan start date

January 2006

Original loan amount

$125,000

Est. remaining balance

Not provided

Interest rate

6.32%

Loan type

New Conventional

Seller

Rick Olson and Jennifer Olson

Lender

First National Bank Of South Carolina

Loan start date

January 2006

Original loan amount

$125,000

Est. remaining balance

Not provided

Interest rate

6.32%

Loan type

New Conventional

Seller

Rick Olson and Jennifer Olson

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?

Status: Active

Tomo last checked: 01/06/2025 at 3:10 PM

Listing updated: 01/06/2025 at 8:35 AM

Listed by: Taylor Charpia, The Boulevard Company Phone #: (843) 619-7816

MLS: CTAR #25000278

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