tomo logo

$487,500

Beds
3
Baths
2.5
sq ft
1,965

1506 King St, Columbia, SC 29205

1506 King St

Columbia, SC 29205

  • 52 days on market
Welcome to this charmingly renovated residence in the heart of Columbia's desirable Melrose Heights neighborhood off Gervais Street. This classic home beautifully marries the old-world charm of downtown living with modern amenities and sophisticated upgrades. Featuring new windows and a host of major updates including a new roof, HVAC system, and water heater. This home maintains its historical elegance while providing the comfort and efficiency of contemporary finishes. Original hardwood floors have been refinished, enhancing the rich character of this old Shandon style cottage. The bathrooms have been remodeled with intricate tile work and new vanities, creating luxurious and functional spaces. The spacious kitchen will inspire your culinary adventures with its new shaker cabinets, stainless steel appliances, and tile details. The kitchen opens up to a large great room, making it an ideal setup for entertaining guests. Additional highlights include a vast laundry room equipped with a convenient half bath. The great room flows seamlessly onto a patio, offering a perfect setting for social gatherings or quiet evenings outdoors. A cozy porch also provides a serene spot for relaxation and neighborhood views. Located just minutes from fine dining on Devine Street and the vibrant downtown area, this home is perfectly positioned for enjoying the best of Columbia.

Details

Property type

Single Family Residence

Est. home value

$382,483

Lot size

6,970 sq ft

Price per sq ft

$249

Year built

1928

Price History

10/01/2024
ColumbiaSC

ColumbiaSC #594222

Listed
$487,500
-2.5%
09/20/2024
ColumbiaSC

ColumbiaSC #582765

Removed
$500,000
08/02/2024
ColumbiaSC

ColumbiaSC #582765

Price change
$500,000
-4.76%

Schools & Community

Neighborhood: 

Melrose Heights

Elementary school: 

Brennen

Middle school: 

Crayton

High school: 

A. C. Flora

School district: 

Richland One

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

$260,092
Asking price
$487,500
Closing costs (~8% of asking)
-$39,000
Est. remaining loan balance
-$188,408
Cash to seller
$260,092

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

Seller’s Loan History

Lender

Angel Oak Home Loans Llc

Loan start date

November 2020

Original loan amount

$206,400

Est. remaining balance

$188,408

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Dominic James Macioce

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: 11/22/2024 at 3:35 AM

Listing updated: 11/11/2024 at 10:10 PM

Listed by: Andrea Reynolds, BHHS Midlands Real Estate

MLS: ColumbiaSC #594222

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