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$2,750,000

Beds
3
Baths
2.0
sq ft
1,878

5435 John Mack Ln, Wadmalaw Island, SC 29487

5435 John Mack Ln

Wadmalaw Island, SC 29487

  • 17 days on market
Welcome to your dream horse farm on Wadmalaw Island, encompassing 41.3 pristine acres. This extraordinary property features 22 cleared acres, 7 fenced acres, and a beautiful wooded area filled with live oaks, wild magnolias, and majestic longleaf pines. A scenic riding trail encircles the entire property, perfect for leisurely rides and exploration.Three stocked ponds, meticulously designed for optimal sheet draining, enhance both the farm's functionality and natural beauty. These ponds provide a refreshing spot for cooling off in the summer, whether for a sweaty horse or human. This sanctuary is frequented by blue herons, ducks, turkeys, and deer, adding to the charm and tranquility of the setting.The farm is surrounded by nearly 750 acres of untouched land, ensuring unp

Details

Property type

Single Family Residence

Est. home value

$944,173

Lot size

41.3 acres

Price per sq ft

$1,465

Year built

2016

Annual property taxes

$14,669

Price History

06/20/2024
CTAR

CTAR #24015710

Listed
$2,750,000
+105.99%
03/03/2022
CTAR

CTAR #21027802

Sold
$1,335,000

Schools & Community

Elementary school: 

Frierson

Middle school: 

Haut Gap

High school: 

St. Johns

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

$1,576,221
Asking price
$2,750,000
Closing costs (~8% of asking)
-$220,000
Est. remaining loan balance
-$953,779
Cash to seller
$1,576,221

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

Seller’s Loan History

Lender

Synovus Bank

Loan start date

March 2022

Original loan amount

$1,000,000

Est. remaining balance

$953,779

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

John H Cunningham and Holly L Cunningham

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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Price drop
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2,522 sq ft
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House

3034 Maritime Forest Dr, Johns Island, SC 29455

Status: Active

Tomo last checked: 07/07/2024 at 5:35 PM

Listing updated: 07/03/2024 at 8:53 AM

Listed by: Will Prendergast, The Cassina Group Phone #: (843) 628-0008

MLS: CTAR #24015710

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