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Can you believe Summer is almost Over?
A couple of more weeks and the kids will back in school and the beach will come to it's normal slow pace...its a great time to tour the homes for Sale on Edisto...
Let's do the Math before you make an Offer...
...you have been Dreaming about a place down on Edisto for years and now you are finally in a position to Buy and you have found the perfect Beach House...
Hang on...Let's do the Math before you make an OFFER. There are other considerations than just the mortgage payments when thinking about buying a beach house. I call this the Cost of Ownership. These cost are different than the ones for your Primary Home. Let's take a look at a few of these cost and I will explain what they are:
Cost of Ownership
1. Property taxes-In SC, property taxes are based on the purchase price of your new home. You will need me to help you figure these out for you before making your purchase. These are different from your primary residence because
you will be taxed at a different millage -nonresidential rate.
2. Insurance-Most Coastal Properties require three types of Insurance-A. Homeowners B. Wind/Hail C. Flood-I can help you get an estimate of the premiums that are associated with these types of insurance.
3. Maintenance/Utilities-I can give you an average cost to get the grass cut, maid service, and utility bills.
4. HOA/POA-if the potential property is located in the Resort-they will have these associated fee.
Offset these cost with Rental Income...
Most folks offset these cost with Rental Income. I can give you a comprehensive Projected Rental income on most properties. The rental income is based on the owner's use, location of property, and how many people that the house sleeps.
How much House can I afford?
With this information in hand, I will compile a spreadsheet of the Cash Flows and give you a clear projection of the Cost of Ownership. With this information, you will have a good feel of what your monthly and annual outlays will be. This will help make your purchasing decision a lot easier and give you the confidence of making a sound business decision.
It would be my pleasure helping you to work through the numbers-
Give me a call Cal Griffin 800-726-1881 or email cal@calgriffin.com
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Most Affordable Home on Edisto
| MLS#: |
2918834 - RES - SFD |
Status: |
Active |
| Area: |
(27) CLN-Edisto Beach |
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| Bedrooms: |
2 |
Apx SqFt: |
851 |
| Bths Ful/Hlf: |
2/0 |
Tax Map#: |
354-08-00-151 |
| Stories: |
2 Story |
Apx YrBlt: |
1980 |
| Address: |
27 PENDER LN |
| City: |
EDISTO BEACH |
Zip: |
29438 |
| Lot Size: |
0.232 |
Acres: |
0.23 |
| Subdiv: |
WYNDHAM OCEAN RIDGE |
Subsec: |
GUN BLUFF |
| Grade Sch: |
EDISTO BEACH |
Middle Sch: |
WALTERBORO |
| High Sch: |
WALTERBORO |
New/Owned: |
Pre-owned |
| Legal Desc: |
Section B Lot 27 |
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| Style: |
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Fireplace: |
Family Rm |
Special: |
Flood Ins |
| Roof: |
Asphalt Shng |
Foundation: |
Crawl Space |
Floors: |
Wood |
| Cooling: |
Central |
Heat: |
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Utilities: |
SCEandG |
| Parking: |
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| Auction: |
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Auction Type: |
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Reserve Amt: |
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| Lot Desc: |
High, Wooded |
| Exterior: |
Vinyl Siding |
| Master BR: |
Multpl Clset, Ceiling Fan |
| Other Rms: |
Family |
| Misc. Int: |
Cth/vlt Ceiling, 9'+ Ceilings |
| Wat/Sew: |
Public Water, Public Sewer |
| Amenities: |
Sec. Grd/sys, Cable Available, Trash Pickup, Neighborhood Pool, Tennis Court, Club House, Play Park, Exercise Area, Golf, Club M'shp Avail., Gated Community, Golf Membership Avail |
| Appliances: |
Elec Wall Oven, Elec Cooktop, Refrigerator, Washer, Dryer, Ceiling Fan |
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| Directions: |
HWY 174 TO EDISTO BEACH RIGHT ON JUNGLE ROAD LEFT ON KING COTTON ASK GUARD FOR DIRECTIONS THROUGH THE RESORT. |
| Remarks: |
Most affordable home in Town of Edisto Beach. Charming 2 bedroom 2 bath cottage on heavily wooded lot. Small loft area. Built on crawl space. Easy access for buyers not wanting 8 feet of stairs. Open family area and kitchen. Large screened porch and sun deck. Unfurnished but new stainless appliances convey. Excellent location inside the resort, walking distance to the beach, pro shop, and restaurant. Most affordable home in town of Edisto Beach. No regime fees. POA fee is $191 quarterly. Do not miss this one!!! Buy a home for less than a Summerwind or Shelter Cove Condo. This home could be easily added on to for additional living space. If square footage is important - MEASURE!! |
| Listing Provided By: |
(7647) Edisto Sales & Rentals Rea |
| Lease/Pur: |
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Financing: |
Any |
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| Taxes: |
$1,188 |
HOA Fee: |
$730 |
Regime Fee: |
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--Information deemed reliable but not guaranteed--Copyright: 2013 by the Charleston Trident Multiple Listing Service, Inc.
| MLS#: |
1217897 - RES - SFD |
Status: |
Active |
| Area: |
(27) CLN-Edisto Beach |
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| Bedrooms: |
5 |
Apx SqFt: |
3,618 |
| Bths Ful/Hlf: |
5/1 |
Tax Map#: |
354-16-00-039 |
| Stories: |
2 Story |
Apx YrBlt: |
2000 |
| Address: |
2818 PALMETTO BLVD |
| City: |
EDISTO BEACH |
Zip: |
29438 |
| Lot Size: |
85'X130'X79'X129' |
Acres: |
0.25 |
| Subdiv: |
SOUTH POINT |
Subsec: |
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| Grade Sch: |
EDISTO BEACH ELEMENTARY |
Middle Sch: |
WALTERBORO |
| High Sch: |
WALTERBORO |
New/Owned: |
Pre-owned |
| Legal Desc: |
lot 9, BLK FFF |
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| Style: |
Traditnl |
Fireplace: |
Great Rm, Gas Logs |
Special: |
Flood Ins |
| Roof: |
Metal |
Foundation: |
Slab, Piling, Elev Construction |
Floors: |
W/w Carpet, Wood, Ceramic Tile |
| Cooling: |
Central |
Heat: |
Heat Pump |
Utilities: |
SCEandG |
| Parking: |
2+ Car/port, Attached, Off-st Prkng |
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| Auction: |
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Auction Type: |
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Reserve Amt: |
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| Lot Desc: |
Level, High, Corner, Beach Access, Ocean View |
| Exterior: |
Other (use remarks) |
| Master BR: |
Upstairs, W/i Closet, Outsd Access, Multpl Clset, Ceiling Fan |
| Other Rms: |
Foyer, Study, Great Room, Utility |
| Misc. Int: |
Wlkin Closet, Cth/vlt Ceiling, 9'+ Ceilings, Some Wdw Trt, Smooth Ceil, Kitchen Island, Elevator |
| Wat/Sew: |
Public Water, Septic |
| Amenities: |
Cable Available, Trash Pickup |
| Appliances: |
Elec Range, Microwave Built-in, Refrigerator, Dishwasher, Whirlpool, Intercom, Garbage Disp, Stacked W/d, Ceiling Fan |
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| Directions: |
Go down Palmetto Blvd to the 2800 block turn left on Billow Street property is on corner |
| Remarks: |
Now is your opportunity to own one of Edisto's most stunning beach homes! This is a spectacular second row five bedroom five and half bath beach property. It is located in one of the most sought after locations of the beach, South Point. The home sits on a corner lot that offers you direct beach/ocean access across quiet Point Street. This home features a reverse open floor plan to take advantage of the spectacular views of the ocean and beach. The ocean side entrance to the home offers an inviting low country wide front porch with a sun deck. The first floor has a stunning entrance foyer, four guest bedrooms each with its own bath and a second living space. The main floor features a large living/dining area, gourmet kitchen and master bedroom with large bath. The master bathroom has a whirlpool garden tub, a large walk-in shower, and his and her separate vanities. The living area has a gas log fireplace with marble surround. The floors are random width heart pine. The entire main floor has numerous windows that invite the beach inside. The living area opens onto a large ocean side screen porch that provides beautiful panoramic views of the ocean and Edisto Beach. The porch is also nice for relaxing and enjoying the cool sea breezes. Also found on the main floor are a half bath for your guests, laundry area with washer and dryer, and extra refrigerator. The chef's kitchen is ready for entertaining and preparing gourmet cuisine. The kitchen features an electric range with two ovens, a warming drawer, a microwave, hard surface counter tops and a wonderful island that offers extra seating and work space. The custom pickled cabinets provide plenty of storage for all of your kitchen items. The kitchen is open to the dining area and living area. The home has an elevator for your convenience that goes to all floors. The ground floor has 4 parking bays, a fish/shell cleaning area with a sink and a large enclosed storage room. There is also a charming private fenced Charleston Garden for your enjoyment. The garden features brick and gravel/shell walkways, an arbor covered with Confederate Jasmine, two large Tabby Beds planted with herbs and numerous flowers and brick beds with roses, flowers and trees. Other features include working shutters, whole house reverse osmosis system, a separate reverse osmosis system for the yard and garden (water for lawn and garden from 2 private wells on property), upstairs heat pump replaced June 2012, all of the exterior trim painted in July 2012. The home is being sold furnished with a few personal exceptions. (The Seller is in the process of furnishing the home. The furniture that is shown in the pictures is not the furniture that remains in the house. Pictures on the MLS will be replaced when all of the beach furniture is in the house.)Home is being sold furnished with few exceptions. This lovely home truly embraces the beauty and lifestyle of beach living If square footage is important - MEASURE!! |
| Listing Provided By: |
(7413) Prudential Kapp Lyons Realty |
| Lease/Pur: |
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Financing: |
Conventional, Cash |
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| Taxes: |
$4,884 |
HOA Fee: |
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Regime Fee: |
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--Information deemed reliable but not guaranteed--Copyright: 2013 by the Charleston Trident Multiple Listing Service, Inc.
Front Beach Dream Home-Everything that you always wanted and More!
| MLS#: |
2915794 - RES - SFD |
Status: |
Active |
| Area: |
(27) CLN-Edisto Beach |
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| Bedrooms: |
6 |
Apx SqFt: |
2,600 |
| Bths Ful/Hlf: |
4/1 |
Tax Map#: |
357-06-00-032 |
| Stories: |
2 Story |
Apx YrBlt: |
2009 |
| Address: |
704 PALMETTO BLVD |
| City: |
EDISTO BEACH |
Zip: |
29438 |
| Lot Size: |
80X100 |
Acres: |
0.25 |
| Subdiv: |
EDISTO BEACH |
Subsec: |
BEACHFRONT |
| Grade Sch: |
EDISTO BEACH |
Middle Sch: |
COLLETON |
| High Sch: |
WALTERBORO |
New/Owned: |
New-finished |
| Legal Desc: |
lot 2 Block I |
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| Style: |
Traditnl |
Fireplace: |
Family Rm |
Special: |
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| Roof: |
Arcitec Shng |
Foundation: |
Piling, Elev Construction |
Floors: |
Ceramic Tile |
| Cooling: |
Central |
Heat: |
Electric |
Utilities: |
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| Parking: |
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| Auction: |
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Auction Type: |
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Reserve Amt: |
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| Lot Desc: |
High, Beachfront, Ocean View |
| Exterior: |
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| Master BR: |
Dual Masters |
| Other Rms: |
Laundry |
| Misc. Int: |
Wet Bar, 9'+ Ceilings, All Wdw Trmt, Elevator |
| Wat/Sew: |
Public Water, Septic |
| Amenities: |
Cable Available, Trash Pickup |
| Appliances: |
Elec Range, Refrigerator, Dishwasher, Washer, Dryer, Security Sys, Ceiling Fan |
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| Directions: |
Take hwy 174 to Edisto Beach then on Palmetto Blvd to 704 on Ocean Front |
| Remarks: |
Beautiful modern ocean front home with many special features. All the bells & whistles including first floor elevator, fireplace, first floor and second floor master bedrooms, screened porch off first floor living area, second floor deck offers a great spot to enjoy the ocean breezes with views forever. Fully equipped & spacious kitchen open to living area. Tile floors, RO water system, enclosed outside shower, plenty of sun decks overlooking Atlantic Ocean. Great Rental home. Perfect home for your family retreats & memories. Professionally decorated and offered fully furnished. If square footage is important - MEASURE!! |
| Listing Provided By: |
(7647) Edisto Sales & Rentals Rea |
| Lease/Pur: |
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Financing: |
Any |
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| Taxes: |
$8,162 |
HOA Fee: |
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Regime Fee: |
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--Information deemed reliable but not guaranteed--Copyright: 2013 by the Charleston Trident Multiple Listing Service, Inc.
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Lowest Price Lot on Edisto Island
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| MLS: |
1313253mvd |
ST: |
Active |
| AR: |
(26) CHS-Edisto Island |
| LP: |
$22,900 |
LowPr:: |
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TaxMap: |
012-00-00-091 |
| Acre: |
0.690000 |
City: |
EDISTO ISLAND |
Zip: |
29438 |
| Auction: |
N |
Auction Type: |
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Reserve Amt: |
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| Addr: |
0 4B RACCOON ISLAND RD |
Subd: |
EDISTO ISLAND |
| DIR: |
HWY 174 TO EDISTO ISLAND. RIGHT ON PINE LANDING RD. LEFT ON LAUREL HILL ROAD. THEN RIGHT ONTO RACCOON ISLAND ROAD. LOOK FOR AGENT SIGNAGE OR CALL L/O FOR MAP |
| Listing Provided By: |
(8070) Edisto Real Estate Company, LL |
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| BEST BUY on homesite on Edisto! Centrally located wooded homesite on beautiful Edisto Island! .69 Acre secluded site is situated along Raccoon Island Road and is filled with mature trees and local foliage. Septic and well are already in place from previous mobile home that has been removed from the property. Enjoy the quiet country life, yet only 40 minutes to Charlestons famous shopping, theatre and dining! Put your boat in at Dawhoo Landing located approximately 3 miles away to find that perfect fishing spot or take a short drive to Edisto Beach for a day of sand and sun, golfing, and more! Great opportunity to own a piece of the Lowcountry at an affordable price! |
Docksite with Owner Financing Available
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| MLS: |
1202472m |
ST: |
Active |
| AR: |
(26) CHS-Edisto Island |
| LP: |
$109,000 |
LowPr:: |
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TaxMap: |
024-00-00-058 |
| Acre: |
1.2 |
City: |
EDISTO ISLAND |
Zip: |
29438 |
| Auction: |
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Auction Type: |
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Reserve Amt: |
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| Addr: |
8877 MARSH AIRE LN |
Subd: |
MARSH AIRE |
| DIR: |
HWY 174 to Edisto Island: TR onto Oyster Factory Rd.; TR onto Shell House Rd. the TL onto Marsh Aire Lane. go down the road to almost the end. Lot will be on your left. |
| Listing Provided By: |
(7413) Prudential Kapp Lyons Realty |
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| WONDERFUL TIDAL CREEK WATERFRONT LOT OFFERING SOUTHERN EXPOSURE TO CAPTURE THE PREVAILING BREEZE. MARSH AIRE IS A QUIET NEIGHBORHOOD WITH MANY PERMANENT RESIDENTS. LOT HAS A DOCK WITH FIXED PIER HEAD. VERY NICE WATER AND MARSH VIEW. NICE TREES ON LOT. THREE PUBLIC BOAT LANDINGS NEAR BY AND JUST MINUTES TO THE BEACH. COME AND ENJOY LIFE ON EDISTO! POSSIBLE SELLER FINANCING AT 25% DOWN, AT 4% FOR 10 YEARS |
Deepwater-Bailey Island for Under $300K
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| MLS: |
2725090mvd |
ST: |
Active |
| AR: |
(26) CHS-Edisto Island |
| LP: |
$285,000 |
LowPr:: |
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TaxMap: |
013-00-00-021 |
| Acre: |
1.5 |
City: |
EDISTO ISLAND |
Zip: |
29438 |
| Auction: |
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Auction Type: |
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Reserve Amt: |
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| Addr: |
39 BAILEY ISLAND |
Subd: |
BAILEY ISLAND CLUB |
| DIR: |
Hwy 174 to Pine Landing Rd to Laurel Hill Road to Raccoon Island Road, to Bailey Island Lane over bridge, right on Crawford Island Lane, on right |
| Listing Provided By: |
(8868) Carolina One Real Estate Edist |
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| DEEPWATER BLUFF HOMESITE on BAILEY CREEK. Beautiful Creek Lot with Live Oaks, Short distance to water, Dock permit in hand (10'x 20' Float, 15'x 20' roofed pierhead, 14'x 14' 4 pile boatlift). Located on quiet cul de sac in exclusive Bailey Island Club with access to 400 Acre Nature Preserve & Community Boat Ramp. Seller will consider trading for a beachwalk house at Edisto Beach. THIS IS IT-PRICED TO SELL!! BEST PRICE FOR DEEPWATER! |
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800-726-1881
Cal Griffin, Broker-in-Charge
843-908-2101
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