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$1,395,000

Beds
4
Baths
2.5
sq ft
2,448

318 N Magnolia St, Summerville, SC 29483

318 N Magnolia St

Summerville, SC 29483

  • 58 days on market
Homes built in the 19th century were sturdy and proud. 318 N. Magnolia Street in the heart of Summerville, built in 1883, still reflects these qualities.Merging classic architectural elegance with modern comforts, this well-loved 4 bedroom, 2.5 bath home offers an unparalleled living experience tailored for those who cherish the past and have (or want) an innate connection to the essence that is the Town of Summerville.Additionally, 318 N. Magnolia Street is zoned for both commercial and residential use, offering versatility and potential for various purposes.This property presents a unique opportunity, with the front portion of the single-story home housing a business, while the residence occupies the tranquil rear space.Offering versatility suited for live-work arrangements or the convenience of conducting business steps from home, this layout caters to those seeking a blend of history and present day living. Most certainly it could easily be converted to a complete business- free residence. As you cross the threshold, prepare to be transported back in time by the grandeur of the 8 x 10 foot wide, 30-foot long hall, adorned with gleaming heart pine floors. Imagine this hall as the heart of gatherings and conversations in circa 1880 homes, illuminated by two exquisite Quoizel stained glass chandeliers. Each of the four front rooms boast original fireplaces with gas logs, inviting warmth and nostalgia into every corner. The 6- foot windows usher in natural light, illuminating the historical details and character of the space. Your gaze will undoubtedly be drawn to the custom-built cabinet/bookcase and the magnificent Quiozel stained glass chandelier in the first room on the right, adding a touch of elegance and splendor to the ambiance. Step into a world where history comes alive, and every corner tells a story of bygone eras, inviting you to create new memories in a space steeped in tradition and charm. Entering the residence through a French door, you will find yourself in the heart of the home: a spacious kitchen adorned with custom built white cabinetry and generous sized pantry. High end appliances, including a Frigidaire Gallery gas stove and refrigerator in addition to a Bosch dishwasher, ensure style and functionality. Off the kitchen a delightful family room awaits; bathed in natural light streaming through 6 large Pella windows and Brazilian Cherry wood floors that exude sophistication. This inviting space seamlessly connects to a a 400 sq. ft. patio where a 150 year old stately live oak tree spreads its gracious canopy over the backyard. The primary bedroom overlooks the secret garden. A distinguished residence, such as 318 N. Magnolia Street in Summerville, South Carolina stands as a testament to the enduring craftsmanship of its era, offering a glimpse into the rich history of the community. This well-preserved and well-loved home offers ample space for comfortable living while retaining its historical allure. Come step back in time and embrace the enchanting history of this notable residence nestled in the heart of historic "Flowertown".

Details

Property type

Single Family Residence

Lot size

0.53 acres

Price per sq ft

$570

Year built

1883

Annual property taxes

$1,955.37

Price History

05/10/2024
CTAR

CTAR #24011890

Listed
$1,395,000

Schools & Community

Elementary school: 

Spann

Middle school: 

Alston

High school: 

Summerville

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

Community First Bank Of Charleston

Loan start date

March 2006

Original loan amount

$307,500

Est. remaining balance

$188,565

Interest rate

6.23%

Loan type

New Conventional, 30 year

Seller

Mary N Ilderton

Lender

Community First Bank Of Charleston

Loan start date

March 2006

Original loan amount

$307,500

Est. remaining balance

$188,565

Interest rate

6.23%

Loan type

New Conventional, 30 year

Seller

Mary N Ilderton

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: 07/07/2024 at 6:50 PM

Listing updated: 05/10/2024 at 11:10 AM

Listed by: Betsi Green, Matt O'Neill Real Estate Phone #: (843) 619-0405

MLS: CTAR #24011890

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