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$339,900

Beds
3
Baths
2.0
sq ft
Unknown

700 Daniel Ellis Dr Unit 8108, Charleston, SC 29412

700 Daniel Ellis Dr Unit 8108

Charleston, SC 29412

  • 9 days on market
    • Open house Feb 23
The marsh views from this first floor, corner condo in The Peninsula on James Island are a must-see in person! Two of the three bedrooms have stunning views of the tidal creek & oak trees. New carpet in the bedrooms and interior of entire condo was painted in late 2023. Bedrooms accommodate a king-sized bed. The renovated kitchen has new countertops & newer dishwasher. Pantry was renovated into a coffee bar. Bathroom renovations include granite countertops, updated vanities and newly tiled shower in the guest bathroom. Living Room has whitewashed stacked-stone fireplace with gas log connection and multi-functional custom blinds. Multiple spacious closets inside the condo and extra storage unit in breezeway.HVAC (Trane 3-ton) and 50 gallon water heater replaced in 2021. Replaced main water line valve in 2023. Location is the perfect balance between downtown Charleston & Folly Beach. Community is proud to be dog friendly. Monthly regime includes water/sewer for each unit, insurance, swimming pool, gym, tennis courts, walking trails, landscaping, trash pickup. (One-car detached garage is deeded separately and has separate HOA monthly payment of $26.75).

Details

Property type

Condominium

Est. home value

$321,063

Lot size

Unknown

Price per sq ft

Unknown

Year built

1998

Annual property taxes

$3,043

Monthly HOA fee

$614.3

Price History

02/12/2025
CTAR

CTAR #25003738

Listed
$339,900
-6.85%
02/22/2024
CTAR

CTAR #23026187

Removed
$364,900
02/01/2024
CTAR

CTAR #23026187

Price change
$364,900
-3.95%

Schools & Community

Elementary school: 

Harbor View

Middle school: 

Camp Road

High school: 

James Island Charter

Community features: 

Clubhouse, Fitness Center, Gated, Park, Pool, Tennis Court(s)

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

$224,846
Asking price
$339,900
Closing costs (~8% of asking)
-$27,192
Est. remaining loan balance
-$87,862
Cash to seller
$224,846

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

Seller’s Loan History

Lender

Security National Mortgage Co

Loan start date

August 2021

Original loan amount

$95,000

Est. remaining balance

$87,862

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Jack E Prater and Elizabeth Prater

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?

Status: Active

Tomo last checked: 02/22/2025 at 4:45 AM

Listing updated: 02/20/2025 at 6:50 PM

Listed by: Sarah Gipe Yandle, Carolina One Real Estate Phone #: (843) 577-0001

MLS: CTAR #25003738

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