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$1,200,000

Beds
3
Baths
2.0
sq ft
Unknown

509 Live Oak Dr, Mount Pleasant, SC 29464

509 Live Oak Dr

Mount Pleasant, SC 29464

  • 16 days on market
Oswald Cooke & Associates is pleased to offer three adjacent properties for sale in the heart of historic Mount Pleasant. The parcels are located on the corner of Scott Street and Live Oak Drive, just steps away from the Historic Shem Creek District. These can be purchased as a portfolio or individually. They are currently used as short-term rental units, but zoning is Areawide Business (see Mount Pleasant zoning code for use table). (*Rental permits do not transfer with sale.) Mount Pleasant is home to the highest income, education and housing demographics in the greater Charleston market. The subject site is located along the coveted Coleman Boulevard corridor between Shem Creek and Interstate 526. Tenants within a mile include Wells Fargo, GDC Interiors, Half Moon & many others.

Details

Property type

Single Family Residence

Est. home value

$704,791

Lot size

5,662.8 sq ft

Price per sq ft

Unknown

Year built

1967

Price History

12/05/2024
CTAR

CTAR #24030128

Listed
$1,200,000
+242.86%
01/20/2016
CTAR

CTAR #15015168

Sold
$350,000

Schools & Community

Elementary school: 

Mt. Pleasant Academy

Middle school: 

Moultrie

High school: 

Lucy Beckham

Number of units in community: 

1

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Capital Bank

Loan start date

February 2022

Original loan amount

$1,215,000

Est. remaining balance

$550,558

Interest rate

3.22%

Loan type

Not Provided, 5 year

Seller

Whilden Street Investments Llc

Lender

Crescom Bank

Loan start date

February 2019

Original loan amount

$150,000

Est. remaining balance

Not provided

Interest rate

4.51%

Loan type

Commercial, 5 year

Seller

Whilden Street Investments Llc

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: 12/22/2024 at 9:15 AM

Listing updated: 12/11/2024 at 11:30 AM

Listed by: Edward Oswald, Oswald Cooke and Associates Phone #: (843) 388-5650

MLS: CTAR #24030128

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