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$6,003,293Estimated home value

Beds
5
Baths
6.0
sq ft
4,572

932 Middle St, Sullivans Island, SC 29482

932 Middle St

Sullivans Island, SC 29482

  • Off market
    • Price drop $300,000↓
Gorgeous, 5 bedroom custom house situated on a huge, private lot on the south end of the island with a new pool and views of the ocean and Intracoastal Waterway! As you pull into the driveway, you can't help but feel how spacious and private the overall property is, and the wrap-around front porch invites you into a very welcoming foyer. In this reverse plan, there are 3 ensuite bedrooms on the first level, one of which is a very large, extra primary suite with a fully renovated bathroom and its own doors to the porch for private entry if desired, making it perfect for guests who may want to come and go on their own. The other 2 bedrooms on this level are beautifully appointed and each have a full bathroom. Also on this level, is a secondary living room that can also be used as an office or playroom, and this leads out to an open porch that overlooks the yard and pool, and it even has an enclosed powder room for use when swimming in the pool. From back in the foyer, you head upstairs to enter the great room living area, where you'll find light-filled, open spaces and vaulted ceilings in the kitchen, living, and dining areas. The living room has tons of room for family gatherings, a tall ceiling, multiple porch access points, a wood-burning fireplace, and views of the Intracoastal Waterway and Ben Sawyer Bridge. The gourmet kitchen is also nicely-sized for gatherings and has been fully renovated to include marble counters and an island with barstool seating, Sub-Zero refrigerator, Wolf oven, Bosch dishwasher, a separate bar area with a sink and ice maker, and there are double doors in the kitchen that open onto another great sitting porch to catch the ocean breezes. Behind the kitchen is the hall to the pantry which houses another oven, warming drawer, 2 freezer drawers, and tons of storage for the smaller appliances. Also down this hall is a wine storage area and a bright powder room. At the end of the hall is another guest suite that has a full bath with dual vanities and a large closet. Heading back through the kitchen and great room, you will pass the dining area, and on the other side of the great room, you will head into the primary suite wing. As soon as you enter this wing, you will be drawn to a very inviting and cozy living area which is painted in modern, cool tones, and has custom built-in cabinetry which is perfect for watching a movie or reading a book, and this space is private to the primary wing. The primary suite is open and airy with tons of light, his/her walk-in closets, and the bathroom is well-appointed with dual vanities, water closet, a beautiful tiled shower with multiple shower heads and frameless glass enclosure, and there is even a really cool, additional outdoor shower that can be used year-round. There is also a roof deck that has some of the best views on the island of the ocean and the ICW, and inside at the top of these stairs, is a beverage cooler and counter top for mixing an evening cocktail. As you make your way down to ground level, you'll find a large, new swimming pool with Travertine decking, a huge, fully-fenced in yard with a parking pad for boat storage, an historic water cistern, mature landscaping, another outdoor pool shower, and a fun fire-pit seating area tucked into the corner of the property. There is a ton of storage in the 3 car garage for beach toys, yard equipment, and golf cart storage, and some of the other custom features include an elevator that goes to all 3 floors, wrap-around porches on both main living levels, heart pine flooring, and built-in speakers throughout the house and pool area. All of these amenities, as well as being just a few steps from the beach path and the SI boat landing, make 932 Middle one of the most private properties and well-designed houses on the island that you'll need to see in person to truly appreciate!

Details

Property type

Single Family Residence

Est. home value

$6,003,293

Lot size

0.65 acres

Price per sq ft

$1,739

Year built

2004

Price History

07/29/2024
CTAR

CTAR #24011095

Removed
$7,950,000
06/30/2024
CTAR

CTAR #24011095

Price change
$7,950,000
-3.64%
05/02/2024
CTAR

CTAR #24011095

Listed
$8,250,000
+197.83%

Schools & Community

Elementary school: 

Sullivans Island

Middle school: 

Moultrie

High school: 

Wando

Community features: 

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

$6,995,392
Asking price
$7,950,000
Closing costs (~8% of asking)
-$636,000
Est. remaining loan balance
-$318,608
Cash to seller
$6,995,392

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

Seller’s Loan History

Lender

Morgan Stanley Private Bank Na

Loan start date

November 2012

Original loan amount

$1,295,000

Est. remaining balance

$318,608

Interest rate

2.7%

Loan type

New Conventional, 15 year

Seller

Christopher L Cannon

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: 10/05/2024 at 10:10 PM

Listing updated: 06/30/2024 at 3:13 PM

Listed by: Ashley A Haynes, East Islands Real Estate Phone #: (843) 886-8114

MLS: CTAR #24011095

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