tomo logo

$550,000

Beds
2
Baths
1.0
sq ft
754

1 Sycamore Av, Charleston, SC 29407

1 Sycamore Av

Charleston, SC 29407

  • 22 days on market
    • Price drop $50,000↓
This charming cottage, minutes from downtown Charleston, has been lovingly improved & cared for by owner. Only a short walk to shops of Avondale & weekly farmers mkt, it's nicely set on fenced, landscaped corner lot. This home has updated kitchen w/quartz counters, herringbone backsplash, undermount sink, stainless appliances & pendant lighting. You'll find beamed ceilings & tiled floors throughout the recently painted interior. Finished screen porch along with open deck provides comfortable outdoor enjoyment. Raised bed plantings complement the pastel exterior w/attractive decorative shutters. Bathroom has new vanity. Stacked washed & dryer are included. There's an attached shed for your storage needs. Walk to shops & restaurants in Avondale!

Details

Property type

Single Family Residence

Est. home value

$444,207

Lot size

7,405.2 sq ft

Price per sq ft

$730

Year built

1949

Annual property taxes

$1,837

Price History

06/23/2024
CTAR

CTAR #24014769

Price change
$550,000
-8.33%
06/10/2024
CTAR

CTAR #24014769

Listed
$600,000
+128.14%
02/16/2021
CTAR

CTAR #20026544

Sold
$263,000

Schools & Community

Elementary school: 

St. Andrews

Middle school: 

C E Williams

High school: 

West Ashley

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$299,406
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$206,594
Cash to seller
$299,406

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Midland Mortgage Corp

Loan start date

February 2021

Original loan amount

$223,550

Est. remaining balance

$206,594

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Meredith Gorton

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/02/2024 at 7:40 PM

Listing updated: 06/24/2024 at 6:06 PM

Listed by: Rosalie Martone, Carolina One Real Estate Phone #: (843) 884-1622

MLS: CTAR #24014769

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