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$2,599,999

Beds
4
Baths
4.5
sq ft
Unknown

8707 Palmetto Rd, Edisto Island, SC 29438

8707 Palmetto Rd

Edisto Island, SC 29438

  • Sold On 5/25/2021
CUSTOM HOME w/ Dock on premier Deepwater site at The Neck. Desirable SW orientation w/ never-ending views, prevailing seabreezes, & incomparable sunsets. Big-boat water (power or sail) w/ full dock facility: 10'x30' float, 14'x16' roofed pierhead, 4 pile boat lift (16k lb). Spacious home offers numerous custom features: Heart Pine floors, 2 story Great Room, 2 FP's, Master Suite, Large Loft Guest Suite, Elevator, updated Gourmet Kitchen, Deluxe Master Bath, & much much more. Offered Very Nicely furnished. A SUPERB PROPERTY AT AN UNBEATABLE PRICE!!

Details

Property type

Single Family Residence

Lot size

1.75 acres

Price per sq ft

Unknown

Year built

1991

Annual property taxes

$8,139

Price History

12/20/2024
CTAR

CTAR #24020517

Removed
$2,599,999
10/04/2024
CTAR

CTAR #24020517

Price change
$2,599,999
-3.7%
08/14/2024
CTAR

CTAR #24020517

Listed
$2,700,000
+110.12%

Schools & Community

Elementary school: 

Jane Edwards

Middle school: 

Out of Area

High school: 

Colleton

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

-$815,808
Asking price
$1,285,000
Closing costs (~8% of asking)
-$102,800
Est. remaining loan balance
-$1,998,008
Cash to seller
-$815,808

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

August 2013

Original loan amount

$3,707,578

Est. remaining balance

$1,998,008

Interest rate

4.29%

Loan type

New Conventional, 20 year

Seller

John W Anderson and Glennis H Anderson

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: Off Market

Tomo last checked: 12/22/2024 at 4:20 PM

Listing updated: 09/10/2024 at 1:12 PM

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

MLS: CTAR #21005797

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