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Welcome to your classic beach house on Isle of Palms! Ideally located just a short walk to the IOP Marina and the public beach access at 43rd Avenue, and right outside the gates of Wild Dunes. Lovingly owned and thoroughly maintained by the same owners since 1996, this home has never been rented and reflects true pride of ownership. The home is being sold fully furnished, with a few exceptions in the documents. Inside, you are welcomed into the main living area, with a flexible room just off the entry, perfect for a home office, cozy den or a fourth bedroom. The spacious eat-in kitchen easily accommodates a large dining table and connects to a generous laundry room. Step outside to the back deck, where a charming pergola overlooks beautiful, mature trees, an ideal setting for relaxing or entertaining. All three bedrooms are located on one wing of the home. Two guest bedrooms share a full hall bath, while the primary suite offers two walk-in closets and a large bath with dual vanities and abundant natural light from a skylight above. The front room/dining room can be used as a fourth bedroom. Downstairs, you'll find an open-air four-car garage, an enclosed workshop, and a convenient outdoor shower with a changing area perfect for beach and boat days! Zoning District - SR-1 Lot Size - 8, 712 sq. ft. Setback Requirements - Front - 24'-0", Rear - 24'-0" and Sides - 10'-0" Stairs may encroach into the front and rear setback by five feet (5'-0"). That is, nineteen feet (19'-0") remaining in front and rear from the structure on the site. F. A. R. ( Floor Area Ratio) - 40% of the lot area Impervious Lot Coverage - 35% of the lot area Pool Requirements - For elevated pools it will be required to be the same as the rear setback. While for in ground pools it is required to be located at the rear plain of the existing home and six feet (6'-0") from the rear property line.
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Our Executive Mortgage Banker:
$1,795,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,436,000 | $1,436,000 | $1,436,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.312% | 6.235% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,494 | $8,725 | $12,118 |
| Total Monthly Payment | $8,619 | $8,850 | $12,243 |
* 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.