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$1,449,900

Beds
3
Baths
3.0
sq ft
2,952

3550 Princess Pond Rd, Summerton, SC 29148

3550 Princess Pond Rd

Summerton, SC 29148

  • 33 days on market
Paradise awaits at this gorgeous true custom log home! Too many custom features to list including BRAND NEW custom pool and hot tub, new dock, live edge countertops from Texas, stairs Michigan, fireplace mantle from the San Juan forest fire in 2002. Detached garage with unfinished apartment upstairs including a full bathroom. This Spacious home boasts 3 LARGE bedrooms with an additional loft space and is currently set up to sleep 14. Upstairs master has a huge closet and en-suit bathroom featuring a claw foot soaking tub and walk in shower. Granite countertops in all bathrooms. HVAC and roof are new and home was just sealed. The home is currently one of the most successful vacation rental properties on Lake Marion doing well north of $100k per year in rental income.

Details

Property type

Single Family Residence

Est. home value

$925,044

Lot size

0.64 acres

Price per sq ft

$492

Year built

2007

Annual property taxes

$20,548.77

Price History

08/16/2024
CTAR

CTAR #24020814

Listed
$1,449,900
-3.02%
07/30/2024
CTAR

CTAR #24013675

Removed
$1,495,000
05/30/2024
CTAR

CTAR #24013675

Listed
$1,495,000
+66.11%

Schools & Community

Elementary school: 

St. Paul Primary

Middle school: 

Scotts

High school: 

Scotts

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

$703,629
Asking price
$1,449,900
Closing costs (~8% of asking)
-$115,992
Est. remaining loan balance
-$630,279
Cash to seller
$703,629

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

Seller’s Loan History

Lender

Homebridge Financial Services Inc

Loan start date

July 2022

Original loan amount

$650,000

Est. remaining balance

$630,279

Interest rate

5.23%

Loan type

New Conventional, 30 year

Seller

John Oleary and Sheri Oleary

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: 09/18/2024 at 10:05 PM

Listing updated: 08/16/2024 at 5:13 PM

Listed by: Jon Hovermale, TruHome Realty Phone #: (803) 456-4140

MLS: CTAR #24020814

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