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$998,000

Beds
6
Baths
2.0
sq ft
Unknown

405 Palmetto Blvd, Edisto Island, SC 29438

405 Palmetto Blvd

Edisto Island, SC 29438

  • 12 days on market
Amazing opportunity to purchase a 6 bedroom, 2 bath home with SPECTACULAR ocean views! The home, known as, The Beach Peach'' consists of two living areas, each with 3 bedrooms and a full bath as well as a complete kitchen upstairs and a party kitchen (everything but a stove) downstairs! A covered deck on the side of the home allows for endless ocean views! Watch the waves crash as you drink your morning coffee! The home has updated bathrooms as well as quartz countertops in an updated upstairs kitchen and granite countertops in the downstairs kitchen. The floor plan is perfect for multiple family vacations or large families.The current owners utilized it as a successful vacation rental.

Details

Property type

Single Family Residence

Est. home value

$988,511

Lot size

8,712 sq ft

Price per sq ft

Unknown

Year built

1950

Price History

01/09/2025
CTAR

CTAR #25000734

Listed
$998,000
+58.41%
12/22/2021
AugustaGA

AugustaGA #478027

Sold
$630,000

Schools & Community

Elementary school: 

Northside Elementary

Middle school: 

Colleton

High school: 

Colleton

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

$388,012
Asking price
$998,000
Closing costs (~8% of asking)
-$79,840
Est. remaining loan balance
-$530,148
Cash to seller
$388,012

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

December 2021

Original loan amount

$567,000

Est. remaining balance

$530,148

Interest rate

3.14%

Loan type

New Conventional, 30 year

Seller

Jeremy Chapman and Gwen E Chapman

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: 01/22/2025 at 4:05 AM

Listing updated: 01/09/2025 at 9:45 PM

Listed by: Doug Gepford, Carolina One Real Estate Phone #: (843) 884-1622

MLS: CTAR #25000734

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