tomo logo

$859,000

Beds
2
Baths
2.0
sq ft
Unknown

4538 Park Lake Dr, Johns Island, SC 29455

4538 Park Lake Dr

Kiawah Island, SC 29455

  • 5 days on market
Step inside this coastal chic villa will have you captivated immediately. It exudes cool and clean lines that will surely be appealing to the most selective buyers. The current owners do use this as a rental investment and it has built a VERY strong book of business the last few years. Being just a short walk to the beach is the added bonus! The pride of ownership here is undeniable and the entire villa was renovated a few years ago. This is a second-floor unit so it affords the soaring ceilings and an abundance of sunlight so many desire. The shiplap, wood burning fireplace is stunning and a great focal point in the living room. The kitchens overhaul has included incredibly clever ideas to maximize the use! The ceilings have been raised, pillars have been removed and closets havebeen modified so you will enjoy the updated function and flow! The main suite has had additional storage built in over the closets. Additionally, the homeowners have installed aprox. 150 sq feet of storage space through the attic. The guest bedroom easily accommodates a king bed, or two twins. There are custom beds that are in this room that easily covert to either option. Also, the additional door from the bedroom to the bathroom has been removed for endless furniture arrangements. The secondary bathroom has been updated, but the timeless cast iron tub remains as the edges are ideal for stepping in and out of along with its incredible lifespan/quality. The villa is being offered furnished, but there are personal exclusions that will not convey. The sofa in the family room does fold out to a queen size, if you need the extra sleeping space. It is also ideal if you are planning to rent the villa! On that note, if you are expecting additional company there has been a tank less hot water heater installed so you will never have to worry about running out of hot water, you gain more floor space to use and it is more energy efficient! Unwind and retreat to the spacious porches, one being screened and the other open aired overlooking the courtyard. The screen porch as well as the kitchen has some lovey peaks of the expansive lagoon. At closing, the Buyer is to pay a onetime fee of .5 of 1% as a onetime fee at closing.

Details

Property type

Condominium

Est. home value

$847,200

Lot size

Unknown

Price per sq ft

Unknown

Year built

1982

Annual property taxes

$8,511

Monthly HOA fee

$238.92

Price History

09/14/2024
CTAR

CTAR #24023737

Listed
$859,000
+43.41%
08/20/2021
CTAR

CTAR #21018608

Sold
$599,000

Schools & Community

Elementary school: 

Mt. Zion

Middle school: 

Haut Gap

High school: 

St. Johns

Community features: 

Clubhouse, Fitness Center, Gated, Park, Pool, Tennis Court(s)

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

$372,197
Asking price
$859,000
Closing costs (~8% of asking)
-$68,720
Est. remaining loan balance
-$418,083
Cash to seller
$372,197

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 Na

Loan start date

August 2021

Original loan amount

$509,150

Est. remaining balance

$418,083

Interest rate

2.26%

Loan type

New Conventional, 15 year

Seller

Karin E Hagios and Rodney L Belgrave

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: Active

Tomo last checked: 09/19/2024 at 1:15 PM

Listing updated: 09/16/2024 at 7:08 AM

Listed by: Kathleen Dewitt, Akers Ellis Real Estate LLC Phone #: (843) 768-9844

MLS: CTAR #24023737

CTAR logo

Recently listed in Kiawah Island