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Welcome to 2802 Ion, a classic Sullivan's Island beach house that has been completely remastered over the past year from top to bottom. Set on a very high half acre street-to-street corner lot with grand oak trees and mature landscaping the location is hard to beat. At nearly 4200 square feet this four bedroom, three and a half bath home has been updated throughout with contemporary finishes while still embracing classic Charleston style and design. Double porches out front allow you to enjoy the ocean breeze and hear the waves since you are only a couple rows back from the beach on the quiet residential side of the island. The rear porch and lower lanai are next to the newly built pool and spa which pour out to the enormous 1/2 acre yard. Inside no expense was spared in the remodel starting with a completely redesigned kitchen on the main level which flows perfectly into the formal dining room on one side and the living room and study on the other. The lower level is a perfect entertaining space for family and friends with a secondary kitchenette and living room as well as a perfect post beach shower and powder room. The second floor houses the oversized master bedroom and renovated bath with the main suite enjoying direct access to the upper piazza. This floor also is home to two other sizable bedrooms and 2 freshly renovated bathrooms. The top floor features 800 SF of bright livable space currently used as a bedroom on one side and an art studio on the other. With great size and character, updated interiors and exterior, nearly 2, 000 square feet of porches, and a huge private lot with a pool close to the ocean, this home has so many features to be your perfect Sullivan's Island beach house!
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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 | $4,796,000 | $4,796,000 | $4,796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.727% | 6.560% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $29,141 | $30,709 | $41,449 |
Total Monthly Payment | $29,266 | $30,834 | $41,574 |
* 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.