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$1,485,000

Beds
4
Baths
4.0
sq ft
3,354

61 Planters Retreat, Edisto Island, SC 29438

61 Planters Retreat

Edisto Island, SC 29438

  • Pending
Magnificent Custom Built Post-and-Beam Oceanview home in Gated Community. Designed by renowned architect Steve Herlong to maximize views and to withstand hurricane force winds. Large screen porches, vaulted ceilings, bleach wood timbers, & heart pine floors offer the ultimate in Beach Ambience. 2+ Mile Private beach allows use of electric golf carts. See list of Exclusive features. 2023 Gross Rentals $54,540; 2024 Gross Rentals booked so far-$69,963.13. Offered fully furnished including Golf Cart (w/only a few exceptions). THE BEACH HOME AT ITS FINEST! PRICED TO SELL!!

Details

Property type

Single Family Residence

Est. home value

$1,421,992

Lot size

1.64 acres

Price per sq ft

$443

Year built

1994

Monthly HOA fee

$250

Price History

08/08/2024
CTAR

CTAR #24012767

Pending
$1,485,000
05/20/2024
CTAR

CTAR #24012767

Listed
$1,485,000
+72.17%
03/22/2019
CTAR

CTAR #19002191

Sold
$862,500

Schools & Community

Elementary school: 

Jane Edwards

Middle school: 

Out of Area

High school: 

Walterboro

Community features: 

Gated

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

Southern Trust Mortgage Llc

Loan start date

April 2021

Original loan amount

$333,500

Est. remaining balance

$269,150

Interest rate

2.34%

Loan type

New Conventional, 15 year

Seller

David Horman and Linda Horman

Lender

Townebank Mortgage

Loan start date

March 2019

Original loan amount

$400,000

Est. remaining balance

$361,071

Interest rate

4.46%

Loan type

New Conventional, 30 year

Seller

David Horman and Linda Horman

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: Pending/Under Contract

Tomo last checked: 09/07/2024 at 9:35 PM

Listing updated: 08/24/2024 at 5:13 AM

Listed by: Jim Kempson, Carolina One Real Estate Phone #: (843) 869-3163

MLS: CTAR #24012767

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