tomo logo

$1,626,711Estimated home value

Beds
5
Baths
5.5
sq ft
3,600

806 Palmetto Blvd, Edisto Island, SC 29438

806 Palmetto Blvd

Edisto Island, SC 29438

  • Sold On 8/29/2024
    • Price drop $50,000↓
Make this spacious, oceanfront home on Edisto Beach your own. The open floor plan includes grand windows in the kitchen, dining, living, and sunrooms overlooking the ocean and miles of sandy beach. Relish these waterfront views as you delight in the ample storage, natural stone countertops and backsplash, and walk in pantry of this cook's kitchen. This outstanding contemporary home features five or six bedrooms and 5.5 baths. Recent whole home remodel and addition incorporate hardwoods and ceramic tile on the second and third levels as well as coordinating luxury vinyl plank flooring on the ground level. Master Bedroom suite addition on the main level encompasses both a large bedroom and bathroom featuring a free standing tub and generous shower with multiple shower heads and a sizablewalk in closet offering gracious storage for both husband and wife. A small private deck of off the master bedroom provides a wonderful setting for enjoying morning coffee or evening sunsets. There are two additional bedrooms and two full baths on the main level. The third level offers both an additional oceanfront master suite and a roomy bunk room with a private bath to delight the younger generation. Ascend a short flight of stairs from the third level to discover one of the highest decks on the Edisto waterfront offering views from Seabrook to Hunting Island. Spectacular!!! Storage opportunities abound on the ground level which includes a craft room/office, massive walk in closet, cloak room, laundry room/half bath, hot & cold outside shower, ocean view dining, seating and cooking areas, and a 2 car garage. The home also has a three stop elevator and 2x6 frame construction. This enchanting home is fully furnished and ready for memory making with family and friends. It has not been on the rental market but would be great income producer.

Details

Property type

Single Family Residence

Est. home value

$1,626,711

Lot size

0.3 acres

Price per sq ft

$680

Year built

1984

Annual property taxes

$7,100.55

Price History

08/29/2024
CTAR

CTAR #24012039

Sold
$2,100,000
-14.11%
08/01/2024
CTAR

CTAR #24012039

Pending
$2,445,000
07/16/2024
CTAR

CTAR #24012039

Price change
$2,445,000
-2%

Schools & Community

Elementary school: 

Bells Elementary

Middle school: 

Colleton

High school: 

Walterboro

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

1St Federal Savings Bank Of Sc Inc

Loan start date

September 2019

Original loan amount

$830,000

Est. remaining balance

$0

Interest rate

3.81%

Loan type

New Conventional, 5 year

Seller

Robert W Ringer and Josephine T Ringer

Lender

1St Federal Savings Bank Of Sc Inc

Loan start date

August 2018

Original loan amount

$610,000

Est. remaining balance

$0

Interest rate

4.53%

Loan type

New Conventional, 5 year

Seller

Robert W Ringer and Josephine T Ringer

Lender

First Federal Bank

Loan start date

May 2018

Original loan amount

$453,000

Est. remaining balance

$0

Interest rate

4.44%

Loan type

New Conventional, 5 year

Seller

Robert W Ringer and Josephine T Ringer

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: Off Market

Tomo last checked: 09/07/2024 at 9:45 PM

Listing updated: 08/30/2024 at 11:01 AM

Listed by: Matthew Kizer, Edisto Sales & Rentals Realty Phone #: (843) 869-2527

MLS: CTAR #24012039

CTAR logo

Recently listed in Edisto Island