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$510,000

Beds
4
Baths
3.5
sq ft
3,185

394 Sanctuary Park Dr, Summerville, SC 29486

394 Sanctuary Park Dr

Summerville, SC 29486

  • 51 days on market
    • Price drop $10,000↓
SELLER OFFERING 4.25% ASSUMABLE LOAN TO QUALIFIED BUYER WITH ACCEPTABLE OFFER! $10K price adjustment! Come see this 4-bedroom, 3.5-bathroom home in the desirable Sanctuary Cove at Cane Bay Plantation. This well-appointed property features dual owner's suites, one on each level, along with an expansive loft and a versatile study/office space. The recent upgrade with LVP hardwood flooring on the first floor and loft area enhances the home's contemporary feel. As you enter, a welcoming foyer invites you in, with a substantial study/flex space to the right. Progressing through the foyer leads you into the heart of the home: a vast kitchen and family room.The kitchen is a culinary enthusiast's dream, equipped with extensive cabinet storage, pantry, granite countertops featuring a bar seating area, and a full suite of stainless-steel appliances including a gas cooktop. This area flows seamlessly into the dining and family room, anchored by a fireplace, ideal for hosting and everyday living. The adjoining patio offers a serene spot for outdoor entertainment within the confines of a fenced, private backyard. On the main floor, the expansive owner's suite provides a sanctuary, complete with an en-suite bathroom that includes a soaking tub, separate shower, dual vanities, and a sizable walk-in closet. The floor also houses a convenient laundry room and a guest half bath. Ascending to the second floor, you are greeted by a large 12'x32' loft with its own wet bar, a perfect retreat for relaxation or entertainment. This level also accommodates two guest bedrooms, a hallway bathroom, and an additional owner's suite with its own private bathroom, enhancing the home's versatility and allure. Living in Sanctuary Cove offers access to an array of amenities, including a pool and playground, both within walking distance. The community also provides walking/jogging trails, golf cart paths, and more, ensuring a lifestyle filled with outdoor activities. Situated close to everything Cane Bay has to offer, from schools and shopping to dining and the YMCA, this home presents an unparalleled living experience. Don't miss the opportunity to see why this home is a must-see!

Details

Property type

Single Family Residence

Est. home value

$497,162

Lot size

5,662.8 sq ft

Price per sq ft

$161

Year built

2018

Monthly HOA fee

$63.16

Price History

07/02/2024
CTAR

CTAR #24012569

Price change
$510,000
-3.59%
05/17/2024
CTAR

CTAR #24006637

Removed
$529,000
+1.73%
05/17/2024
CTAR

CTAR #24012569

Listed
$520,000
-1.7%

Schools & Community

Elementary school: 

Cane Bay

Middle school: 

Cane Bay

High school: 

Cane Bay High School

Community features: 

Clubhouse, Park, Pool

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

-$28,089
Asking price
$510,000
Closing costs (~8% of asking)
-$40,800
Est. remaining loan balance
-$497,289
Cash to seller
-$28,089

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

Seller’s Loan History

Lender

Guaranteed Rate Affinity Llc

Loan start date

April 2022

Original loan amount

$517,896

Est. remaining balance

$497,289

Interest rate

3.89%

Loan type

VA, 30 year

Seller

Justin Gregory Franklin and Lisa Janet Franklin

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 9:00 PM

Listing updated: 07/02/2024 at 5:13 PM

Listed by: Chari Karinshak, Coldwell Banker Realty Phone #: (843) 856-8800

MLS: CTAR #24012569

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