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$3,100,000

Beds
5
Baths
5.5
sq ft
4,485

416 Island Park Dr, Daniel Island, SC 29492

416 Island Park Dr

Daniel Island, SC 29492

  • 14 days on market
With its golf views, elevated pool, sunken firepit, outdoor seating, and fenced yard, 416 Island Park Drive is hard to beat. This spacious home is nearly 4,500 SqFt and spans three floors of living space. Featuring five bedrooms, four and a half baths, and an outdoor shower, this property is truly coveted. The first floor is airy and open, seamlessly connecting to the amazing outdoor setups. The gourmet kitchen is sure to meet all your culinary needs, while a nearby private office and formal sitting room cater to both work and hosting necessities. The second floor hosts a spacious owner's suite, complete with a private porch overlooking the golf course, offering a relaxing space to end your days. Rounding out the second floor are the second, third, and fourth bedrooms. Each with closets,one with an en suite bath, and the other providing a jack-and-jill style. There is also a playful, walk-in laundry room just down the hall. The third floor features a fabulous bonus roomperfect as a media room, home gym, playroom, or more. This flexible space includes a large, fifth bedroom and full bath just down the hall. Beyond the attached two-car garage and open-air parking/storage under the rear of the home, an additional private parking spot is available in the shared alley, providing extra room for your vehicles or long-term guests. This estate is a slice of Daniel Island Parkside heaven. Don't miss the chance to make it yours.

Details

Property type

Single Family Residence

Est. home value

$2,779,399

Lot size

0.25 acres

Price per sq ft

$692

Year built

2015

Monthly HOA fee

$89.5

Price History

06/18/2024
CTAR

CTAR #24015565

Listed
$3,100,000
-8.82%
06/08/2024
CTAR

CTAR #24012846

Removed
$3,400,000
05/21/2024
CTAR

CTAR #24012846

Listed
$3,400,000
+167.72%

Schools & Community

Neighborhood: 

Daniel Island

Elementary school: 

Daniel Island

Middle school: 

Daniel Island

High school: 

Philip Simmons

Community features: 

Fitness Center, Park

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

$2,410,404
Asking price
$3,100,000
Closing costs (~8% of asking)
-$248,000
Est. remaining loan balance
-$441,596
Cash to seller
$2,410,404

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

Seller’s Loan History

Lender

South State Bank

Loan start date

April 2015

Original loan amount

$550,000

Est. remaining balance

$441,596

Interest rate

3.76%

Loan type

New Conventional, 30 year

Seller

Burke M Cook and Marybeth B Cook

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: 07/02/2024 at 7:45 PM

Listing updated: 06/26/2024 at 12:13 PM

Listed by: Ashley Severance, Atlantic Properties Of The LowCountry Phone #: (843) 991-7197

MLS: CTAR #24015565

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