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Rare opportunity to purchase a centrally located Sullivan's Island home that retains many of its original historic details, combined with recent modern additions. This charming home greets guests with a large entry foyer with heart pine floors that are found throughout the home. Adjacent to the foyer is the living room with adjoining sunroom. Opposite is the beautifully appointed separate dining room. The updated kitchen welcomes plenty of natural light and is open to the family room. It offers granite countertops, stainless steel appliances, and an island with seating. Off of the family room, which has a gas fireplace and built-in bookshelves, is a large deck overlooking the expansive backyard. The primary suite is also accessed off the family room and offers multiple closets and a large bathroom. Also on the first floor is a laundry room, a study/den/office, and a half-bath with designer touches. Two bedrooms are located on the second floor, along with an updated full bath and an east facing deck. As with much of the house, the second floor has a significant amount of beadboard, adding to the historic fiber of the property. On the lower level, there are two more bedrooms, a full bathroom, a kitchenette, and large family room. It's a perfect spot for guests or older children. On the exterior, a welcoming screen porch greets guests and is great for entertaining with both a sitting area and an outdoor dining space. The property also has a one car garage and a carport for a golf cart. There is a second laundry room under the deck that is perfect when returning from the beach. The street-to-street lot is half an acre and offers expansive space for a large pool. There is fantastic potential for the next owner to customize the yard into their own coastal retreat. The desirable location of the lot is just a short stroll to the beach at Station 22. 5, or to all the restaurants and shopping Sullivan's Island has to offer. The current home offers five bedrooms, three-and-a-half bathrooms, and 3, 470 sqft. Available are exceptional town approved plans by Beau Clowney that would add two bedrooms, two full bathrooms, and approximately 900 sqft. The plans include a covered porch with outdoor fireplace off of the kitchen and a separate garage with an office above. These stellar plans offer modern living while keeping the historic feel.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,200,000 | $3,200,000 | $3,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.911% | 6.754% | 6.792% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $19,703 | $20,490 | $28,096 |
Total Monthly Payment | $19,828 | $20,615 | $28,221 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.