tomo logo

$2,949,000

Beds
5
Baths
5.5
sq ft
5,610

78 Iron Bottom Ln, Daniel Island, SC 29492

78 Iron Bottom Ln

Charleston, SC 29492

  • 25 days on market
    • Price drop $1,000↓
Spacious yet charming, and truly Lowcountry style, this home was constructed with high quality finishes throughout that you just don't find. Wrap-around front and back porches with access from multiple rooms allow easy flow from inside to out. High ceilings, HW floors throughout, significant moldings, a large eat-in kitchen with luxury appliances and cabinetry...the list of well thought out details is endless. First floor primary suite with laundry, a private office, spacious bedrooms w/ large closets, upstairs laundry room, and a 3rd floor family/media room w/ full bath all make this house so livable! Garage with a large FROG is connected by covered porch to the house and creates a very private backyard that would be ideal for a pool! Schedule your showing of this wonderful home today!Updates by current owners: All HVAC units less than 4 years old Whole house water filtration Encapsulated crawlspace with dehumidifier Outdoor kitchen with Alfresco grill New hurricane shutters Two new tankless water heaters Painted entire interior in 2023 New kitchen countertops New custom hood New carpeting in 3rd floor family room Hardwood floors refinished

Details

Property type

Single Family Residence

Est. home value

$2,505,150

Lot size

0.3 acres

Price per sq ft

$526

Year built

2007

Annual property taxes

$9,270.76

Monthly HOA fee

$87.25

Price History

06/14/2024
CTAR

CTAR #24014491

Price change
$2,949,000
-0.03%
06/07/2024
CTAR

CTAR #24014491

Listed
$2,950,000
+18.24%
04/03/2023
CTAR

CTAR #23003476

Sold
$2,495,000
+91.92%

Schools & Community

Neighborhood: 

Daniel Island

Elementary school: 

Daniel Island

Middle school: 

Daniel Island

High school: 

Philip Simmons

Community features: 

Pool, Tennis Court(s)

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

Cogent Bank

Loan start date

October 2023

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

7.18%

Loan type

Credit Line (Revolving), 20 year

Seller

Thomas Wilson Faust Sr and Mary Margaret Faust

Lender

Cogent Bank

Loan start date

April 2023

Original loan amount

$1,996,000

Est. remaining balance

$1,968,927

Interest rate

6.32%

Loan type

New Conventional, 30 year

Seller

Thomas Wilson Faust Sr and Mary Margaret Faust

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: 07/02/2024 at 7:25 PM

Listing updated: 06/14/2024 at 5:03 PM

Listed by: Scott Cheney, The Boulevard Company, LLC Phone #: (843) 619-7816

MLS: CTAR #24014491

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