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$351,000

Beds
3
Baths
2.0
sq ft
Unknown

2236 Bailey Dr, North Charleston, SC 29405

2236 Bailey Dr

North Charleston, SC 29405

  • 78 days on market
    • Price drop $5,000↓
*Eligible for Community Housing program that offers lower than market rates as compared to conventional financing! PROGRAM HAS NO INCOME LIMITS!*Welcome to your new investment opportunity, featuring a freshly remodeled primary shower!This beautifully maintained 3-bedroom,2-bath home is more than just a residence - it's a fully permitted, successful Airbnb with a proven track record. Nestled just beyond the neck of the Charleston peninsula, this location is prime, offering easy access to the best of Charleston's dining, shopping, historic attractions, and beaches. With a successful STR track record and full permits in place, this property is a turn-key investment opportunity. Don't miss out on owning a piece of Charleston's charm with the added benefit of a profitable income stream.

Details

Property type

Single Family Residence

Est. home value

$295,247

Lot size

6,969.6 sq ft

Price per sq ft

Unknown

Year built

1944

Annual property taxes

$4,553

Price History

10/24/2024
CTAR

CTAR #24020828

Price change
$351,000
-1.4%
10/03/2024
CTAR

CTAR #24020828

Price change
$356,000
-0.14%
09/09/2024
CTAR

CTAR #24020828

Price change
$356,500
-0.7%

Schools & Community

Elementary school: 

Burns

Middle school: 

Brentwood

High school: 

North Charleston

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

$100,106
Asking price
$351,000
Closing costs (~8% of asking)
-$28,080
Est. remaining loan balance
-$222,814
Cash to seller
$100,106

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

October 2023

Original loan amount

$225,000

Est. remaining balance

$222,814

Interest rate

7.23%

Loan type

New Conventional, 30 year

Seller

Adam Crews

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: 11/03/2024 at 8:50 AM

Listing updated: 10/24/2024 at 7:00 PM

Listed by: Courtney Lorah, The Boulevard Company, LLC Phone #: (843) 619-7816

MLS: CTAR #24020828

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