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$350,000

Beds
2
Baths
1.0
sq ft
Unknown

1617 Balsam St, Charleston, SC 29407

1617 Balsam St

Charleston, SC 29407

  • 1 day on market
This adorable 2-bedroom home is the perfect blend of comfort, convenience, and affordability - all just minutes from downtown Charleston! Enjoy updated plumbing and electrical systems, installed prior to the current owner, ensuring peace of mind.Step inside to a light and bright interior with smooth ceilings throughout. The living room, kitchen, bathroom, and laundry/utility area are all located on the main floor. The kitchen features a stainless-steel refrigerator and a smooth-top electric range, making cooking a breeze. No carpet here - enjoy easy-to-maintain flooring throughout the home.The home is equipped with updated, double-pane Energy Star windows, keeping your space bright and energy-efficient. Outside, the fenced yard offers fantastic space for pets, children, oranyone who loves the outdoors. The large yard also provides plenty of room for gardening, building a garage or shed, adding a greenhouse, or setting up a playset. NO HOA, bring your boat, work trailer, or other recreational items! No flood insurance required! The West Ashley Greenway is close by for your enjoyment, along with the shops and restaurants in the Avondale area. Only 10 minutes to get to work downtown! Don't miss the opportunity to own this cozy home in a prime location, all without breaking the bank!

Details

Property type

Single Family Residence

Est. home value

$257,152

Lot size

7,840.8 sq ft

Price per sq ft

Unknown

Year built

1957

Annual property taxes

$626

Price History

04/02/2025
CTAR

CTAR #25008761

Listed
$350,000
+316.67%
01/11/2016
CTAR

CTAR #14030807

Sold
$84,000
+425%
01/28/2014
CTAR

CTAR #1331616

Sold
$16,000

Schools & Community

Elementary school: 

Stono Park

Middle school: 

C E Williams

High school: 

West Ashley

Number of units in community: 

1

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

$267,690
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$54,310
Cash to seller
$267,690

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

Seller’s Loan History

Lender

Atlantic Bay Mortgage Group Llc

Loan start date

January 2016

Original loan amount

$67,200

Est. remaining balance

$54,310

Interest rate

3.97%

Loan type

New Conventional, 30 year

Seller

Silvia M Roca Martinez

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?

Status: Active

Tomo last checked: 04/03/2025 at 11:50 AM

Listing updated: 04/02/2025 at 12:11 PM

Listed by: Erin Schauwecker, Elaine Brabham and Associates Phone #: (843) 766-6662

MLS: CTAR #25008761

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