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$2,200,000

Beds
5
Baths
4.5
sq ft
4,700

705 S Magnolia St, Summerville, SC 29483

705 S Magnolia St

Summerville, SC 29483

  • 94 days on market
TWO HOMES IN ONE!! 9 BEDS 9 BATHS OVER 6700 SQ FT COMBINED!! 5 bed 4.5 bath 4700 sq ft Main House PLUS 4 bed 3.5 bath 2000 sq ft Guest House. Located in Historic Summerville, this one of a kind property is home to a successful bed and breakfast with tons of upgrades! Two completely separate residences reside on the private and professionally landscaped 1/2 acre lot. The 5 bed 4.5 bath roughly 4700 sq ft main home has 3 levels with an elevator and a separate presidential suite with its own separate access. Upon entry you are greeted with a beautiful foyer and staircase with a living room to the left with wood burning fireplace and dining room to the right. Straight ahead through the hallway you will find the primary suite to the left with full bathroom. To the right, past the elevatorand half bath, you will find a gourmet kitchen with upgraded marble countertops, stainless steel appliances, double ovens, gas stove, huge island and plenty of storage. Past the eat in kitchen space is another living room area with a bar that leads to a screened patio. Downstairs is a large laundry/craft area with a sink and newer water heater. One door leads to an oversized 2 car garage, another leads to additional garage storage, an office/mancave, and the presidential suite which are both not included in the square footage but are heated/cooled. There are covered patios off of the office and suite with their own separate entrances. The top floor has new wood flooring, 2 bedrooms with full bathrooms, a supply closet, elevator, and library nook with a massive hidden storage space behind the bookshelf. The elevator was completely rebuilt 2 years ago, can fit 2 people, and services all three levels. The 4 bed 3.5 bath roughly 2000 sq ft separate cottage has 2 entrances with 2 covered patio areas and a lifetime metal roof. One is an apartment with a full kitchen, living room, dining room, laundry, 2 bedrooms and 1.5 baths. The other entrance has a set of stairs leading up to 2 separate bedrooms, each with full bathrooms. The fenced backyard is beautifully manicured, has a new pavilion with custom outdoor fireplace and can accommodate up to 80 guests for events. You can easily fit 15 cars in the parking lot not including the garage or ample on street parking, and an additional 100 guests can fit in this side lot with added tents. Upgrades include a new tankless water heater, HVAC air purification system, Pella windows, and more. There is truly too much to list. Schedule your private tour today and come see for yourself all that this exceptional property has to offer!

Details

Property type

Single Family Residence

Est. home value

$759,506

Lot size

0.51 acres

Price per sq ft

$469

Year built

1988

Price History

04/04/2024
CTAR

CTAR #24008395

Listed
$2,200,000
+414.02%
09/30/2015
CTAR

CTAR #15010986

Sold
$428,000

Schools & Community

Elementary school: 

Spann

Middle school: 

Alston

High school: 

Summerville

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

Midland Mortgage

Loan start date

June 2021

Original loan amount

$35,874

Est. remaining balance

$32,661

Interest rate

2.98%

Loan type

FHA, 24 year

Seller

Gerald Frederick Feldhaus and Carol Turnwald Feldhaus

Lender

Midland Mortgage

Loan start date

June 2021

Original loan amount

$35,874

Est. remaining balance

$32,661

Interest rate

2.98%

Loan type

FHA, 24 year

Seller

Gerald Frederick Feldhaus and Carol Turnwald Feldhaus

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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House

134 Tupper Ln, Summerville, SC 29483

Status: Active

Tomo last checked: 07/07/2024 at 7:10 PM

Listing updated: 04/04/2024 at 3:21 PM

Listed by: Tiffany Gannuscio, Redfin Corporation Phone #: (843) 595-4873

MLS: CTAR #24008395

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