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$605,978Estimated home value

Beds
3
Baths
3.5
sq ft
Unknown

40 Battery Park Rd, Edisto Island, SC 29438

40 Battery Park Rd

Edisto Beach, SC 29438

  • Sold On 10/12/2024
    • Price drop $309,600↓
Best Buy on any single-family home on Edisto Beach! This Cape Code home features 3 bedrooms, 3 full baths and 1 half bath. Located in Ocean Ridge Resort Community, this custom build home is tucked among coastal foliage in Battery Park, a primarily owner-occupied area with great neighbors, seclusion, sea breezes, and sun set skies. The home offers a spacious, open living and dining area that flows into a half bath, custom kitchen, and large screen porch. The main floor primary suite offers maximum privacy with sitting area, walk in closet, and open full bath. You enter the upstairs on custom wooden tread stars to centrally located full bath, 2nd primary bedroom and private bath on one side as well as the perfect guest room on the other. Hardwood floors on main level, newer HVAC units, roofsmooth ceilings, all appliances, fixtures, dry entrance, covered parking, entertaining areas, enclosed outdoor shower, and large storage/workshop complete this unique find!

Details

Property type

Single Family Residence

Est. home value

$605,978

Lot size

7,405.2 sq ft

Price per sq ft

Unknown

Year built

2000

Monthly HOA fee

$77

Price History

10/12/2024
CTAR

CTAR #24022990

Sold
$662,400
+0.38%
09/20/2024
CTAR

CTAR #24022990

Pending
$659,900
09/07/2024
CTAR

CTAR #24022990

Price change
$659,900
-31.93%

Schools & Community

Elementary school: 

Jane Edwards

Middle school: 

Colleton

High school: 

Colleton

Community features: 

Clubhouse, Gated, Tennis Court(s)

Number of units in community: 

1

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

$344,439
Asking price
$659,900
Closing costs (~8% of asking)
-$52,792
Est. remaining loan balance
-$262,669
Cash to seller
$344,439

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

Seller’s Loan History

Lender

1St Federal Savings Bank Of Sc Inc

Loan start date

April 2020

Original loan amount

$290,200

Est. remaining balance

$262,669

Interest rate

3.29%

Loan type

New Conventional, 30 year

Seller

Daryl Ronald Erum Iii and Daryl R Erum Iii

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: Off Market

Tomo last checked: 11/03/2024 at 7:50 AM

Listing updated: 10/12/2024 at 4:07 PM

Listed by: Marie Bost, Edisto Real Estate Company, LLC Phone #: (866) 446-2743

MLS: CTAR #24022990

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