26 days on rocket

705 S Magnolia St, Summerville, SC, 29483

$2,200,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
4,700 SqFt
$468/SqFt
House
Schools Nearby

Location

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705 S Magnolia St, Summerville$2,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking2 Car Garage, Attached, Off Street, Other (Use Remarks), Garage Door Opener
Attached Garage2 spaces
Year Built1988
HeatingForced Air, Natural Gas
CoolingCentral Air
FireplaceBedroom, Dining Room, Living Room, Other (Use Remarks), Three +, Wood Burning
MLS #24008395
Lot Size0.51 Acres
StatusActive

About 705 S Magnolia St

TWO HOMES IN ONE!! 9 BEDS 9 BATHS OVER 6700 SQ FT COMBINED!! 5 bed 4.5 bath 4700 sq ft Main House PLUS 4 bed 3.5 bath 2000 sq ft Guest House. Located in Historic Summerville, this one of a kind property is home to a successful bed and breakfast with tons of upgrades! Two completely separate residences reside on the private and professionally landscaped 1/2 acre lot. The 5 bed 4.5 bath roughly 4700 sq ft main home has 3 levels with an elevator and a separate presidential suite with its own separate access. Upon entry you are greeted with a beautiful foyer and staircase with a living room to the left with wood burning fireplace and dining room to the right. Straight ahead through the hallway you will find the primary suite to the left with full bathroom. To the right, past the elevatorand half bath, you will find a gourmet kitchen with upgraded marble countertops, stainless steel appliances, double ovens, gas stove, huge island and plenty of storage. Past the eat in kitchen space is another living room area with a bar that leads to a screened patio. Downstairs is a large laundry/craft area with a sink and newer water heater. One door leads to an oversized 2 car garage, another leads to additional garage storage, an office/mancave, and the presidential suite which are both not included in the square footage but are heated/cooled. There are covered patios off of the office and suite with their own separate entrances. The top floor has new wood flooring, 2 bedrooms with full bathrooms, a supply closet, elevator, and library nook with a massive hidden storage space behind the bookshelf. The elevator was completely rebuilt 2 years ago, can fit 2 people, and services all three levels. The 4 bed 3.5 bath roughly 2000 sq ft separate cottage has 2 entrances with 2 covered patio areas and a lifetime metal roof. One is an apartment with a full kitchen, living room, dining room, laundry, 2 bedrooms and 1.5 baths. The other entrance has a set of stairs leading up to 2 separate bedrooms, each with full bathrooms. The fenced backyard is beautifully manicured, has a new pavilion with custom outdoor fireplace and can accommodate up to 80 guests for events. You can easily fit 15 cars in the parking lot not including the garage or ample on street parking, and an additional 100 guests can fit in this side lot with added tents. Upgrades include a new tankless water heater, HVAC air purification system, Pella windows, and more. There is truly too much to list. Schedule your private tour today and come see for yourself all that this exceptional property has to offer!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1988
  • Stories: 3
  • Living Area: 4,700 SqFt

Listing Office:

  • Office Name: Redfin Corporation

Interior Features

Interior Information:

  • Flooring Type: Ceramic Tile, Laminate, Wood
  • Interior: Ceiling - Blown, Ceiling - Smooth, High Ceilings, Elevator, Garden Tub/Shower, Kitchen Island, Walk-In Closet(s), Wet Bar, Ceiling Fan(s), Eat-in Kitchen, Family, Formal Living, Entrance Foyer, Living/Dining Combo, Loft, In-Law Floorplan, Office, Separate Dining, Utility
  • Fireplace: Bedroom, Dining Room, Living Room, Other (Use Remarks), Three +, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Elevator Shaft, Lawn Irrigation, Lawn Well, Lighting

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: 2 Car Garage, Attached, Off Street, Other (Use Remarks), Garage Door Opener

Virtual/3D Tour

  • 3D Tour: 705 S Magnolia St

3D Tour

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.51 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Summerville High School, Public District Grades 9-12

Other

Directions Information:

  • Directions: Take Highway 17a Into Downtown Summerville From 26-take The First Left Passed The Railroad Tracks And Then The First Right Onto S. Magnolia. Home Will Be On The Left Before The High School.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,200,000
  • Price Per SqFt: $468/SqFt

Tax Information:

  • Annual Amount: $5,527
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Summerville, SC.

Med. Sold Price

$384.7K

Med. Price/SqFt

$191

# of Sold Homes

281

705 S Magnolia St vs Summerville

26 DAYS ON ROCKET

$2,200,000

+$1.8M More

$468/SqFt

+$277 More

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price and $277/SqFt more than other homes in Summerville, SC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24008395

Listing Office:

  • Office Name: Redfin Corporation

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the CHS Multiple Listing Service. Those properties marked with the CHS MLS Approved logo are provided courtesy of the CHS MLS Broker Reciprocity Database. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data deemed reliable but not guaranteed accurate by the MLS.
Copyright © 2024 Charleston Trident Association of REALTORS®
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 2:25:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 08, 2015Home Sold
$428,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,527$16,010

History based on county public records data.

Payment Calculator

$11K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,662

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-4223067
6
/10
  • Summerville High School

  • 1101 Boone Hill Rd

  • 2.58 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $107,955. The majority of Summerville, SC residents have income between $100k-200k annually. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 705 S Magnolia St

What is the listing price of this property?

The listing price of 705 S Magnolia St property is $2,200,000.

What type of property is this?

The property 705 S Magnolia St is a house located in Summerville, South Carolina, 29483.

Is this property for sale now?

Active Listing: 705 S Magnolia St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 705 S Magnolia St are:
Summerville High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,527 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 8, 2015 for $428,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 705 S Magnolia St has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 705 S Magnolia St is 4,700 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 705 S Magnolia St is 1988.

Rocket Homes›South Carolina›Dorchester County›Summerville›29483›705 S Magnolia St

This home is located at 705 S Magnolia St in Summerville, SC and zip code 29483. This 4,700 square foot home, which was built in 1988, sits on a 0.51 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $2,200,000.

In March 2024, from all listings sold in Summerville, SC there were more than 65 sold above asking price, over 119 sold below and more than 97 were sold right at the asked price. The number of listings in Summerville, SC increased by 10.4% between February 2024 and March 2024.

From Rocket Homes Real Estate and based on county public records data.

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