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$2,490,000

Beds
5
Baths
5.5
sq ft
Unknown

507 Indian Corn St, Daniel Island, SC 29492

507 Indian Corn St

Daniel Island, SC 29492

  • 58 days on market
    • Price drop $60,000↓
    • Open house Sep 19
Welcome to 507 Indian Corn Street, a stunning residence in the heart of Daniel Island Park. This 5-bedroom, 5.5-bathroom home is a breath of fresh air with its clean white walls and beautiful oak floors that extend throughout the open layout. Designed for modern living, this home has numerous upgrades, including luxury-level kitchen appliances, custom cabinetry, and fully renovated bathrooms. The first-floor office doubles as a bedroom with a full en suite bath and closet. A charming front porch with a day swing, a cozy screened porch in the rear, and an open-air pergola overlooking the manicured grounds make this home picturesque. The spacious owner's suite is a true retreat with its marble-accented bath floor, freestanding tub, and custom walk-in closet. The guest bedrooms are stylish,and each offers an en suite bath. A walk-in laundry room with custom cabinetry rounds out the second floor. A highlight of this property is the large detached FROG (Finished Room Over Garage), which includes a living area, kitchenette, bedroom, bath, and laundry setup. It is ideal for guest accommodations! Situated on a cozy corner lot, this home is just steps away from the golf greens and offers stunning views of the Lowcountry sunsets.

Details

Property type

Single Family Residence

Est. home value

$1,969,530

Lot size

8,276.4 sq ft

Price per sq ft

Unknown

Year built

2007

Monthly HOA fee

$89.5

Price History

09/10/2024
CTAR

CTAR #24018685

Price change
$2,490,000
-2.35%
07/22/2024
CTAR

CTAR #24018685

Listed
$2,550,000
+106.48%
04/28/2021
CTAR

CTAR #21002816

Sold
$1,235,000

Schools & Community

Neighborhood: 

Daniel Island

Elementary school: 

Daniel Island

Middle school: 

Daniel Island

High school: 

Philip Simmons

Community features: 

Clubhouse, 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

$1,368,849
Asking price
$2,490,000
Closing costs (~8% of asking)
-$199,200
Est. remaining loan balance
-$921,951
Cash to seller
$1,368,849

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

July 2021

Original loan amount

$988,000

Est. remaining balance

$921,951

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Mitchell Breen and Carolyn Breen

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: 09/19/2024 at 5:20 AM

Listing updated: 09/17/2024 at 11:08 AM

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

MLS: CTAR #24018685

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