tomo logo

$480,000

Beds
5
Baths
3.5
sq ft
3,184

550 Malachite Ln, Chapin, SC 29036

550 Malachite Ln

Chapin, SC 29036

  • 205 days on market
    • Price drop $19,900↓
Welcome home to 550 Malachite Lane in Chapin, SC! This stunning 5 bedroom, 3.5 bathroom home was built in 2022 and boasts luxurious finishes & modern amenities throughout. As you enter the home, you'll be greeted by an open foyer that leads to a formal Dining area with Wainscoting, high ceiling & beautiful LVP floors. The gourmet kitchen features granite countertops, gas stove, convection oven, stainless steel appliances & large center island, making it the perfect space for entertaining guests. It even offers 2 spaces for a Dinette or use one of them as a sitting area overlooking the backyard. It has a spacious Living Room that opens to the kitchen and has a gas fireplace, beautiful flooring & crown molding. The spacious primary suite with walk-in closet & a luxurious en-suite bathroom with dual vanities is located on the main floor, with oversized tiled walk-in shower, quartz countertop & gorgeous tile floor. Upstairs, you'll find four more bedrooms, bonus/media room & two full bathrooms, providing plenty of space for family and guests. Outside, the home features a huge patio area with pergola that is perfect for outdoor gatherings and relaxation. Other notable features include a two-car garage, laundry room, sprinkler system & storage space. Located in the desirable community of Chapin with award winning schools, this home is just minutes away from Lake Murray, shopping, dining, & entertainment options. Don't miss your opportunity to make this stunning home your own!Some photos have been virtually staged* Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

Details

Property type

Single Family Residence

Est. home value

$474,339

Lot size

0.24 acres

Price per sq ft

$151

Year built

2022

Price History

01/22/2025
ColumbiaSC

ColumbiaSC #588607

Removed
$480,000
01/15/2025
ColumbiaSC

ColumbiaSC #588607

Removed
$480,000
01/03/2025
ColumbiaSC

ColumbiaSC #588607

Listed
$480,000

Schools & Community

Elementary school: 

Lake Murray Elementary

Middle school: 

Chapin

High school: 

Chapin

School district: 

Lexington/Richland Five

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

$120,018
Asking price
$480,000
Closing costs (~8% of asking)
-$38,400
Est. remaining loan balance
-$321,582
Cash to seller
$120,018

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

Seller’s Loan History

Lender

Vanderbilt Mortgage & Finance Inc

Loan start date

August 2022

Original loan amount

$332,232

Est. remaining balance

$321,582

Interest rate

5.81%

Loan type

New Conventional, 30 year

Seller

Robert Vance Munniks and Kathryn Leigh Munniks

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: 01/22/2025 at 11:05 PM

Listing updated: 01/22/2025 at 2:43 AM

Listed by: Fabiola Batiz, eXp Realty LLC

MLS: ColumbiaSC #588607

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