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$1,600,000

Beds
4
Baths
2.0
sq ft
Unknown

29 Bogard St, Charleston, SC 29403

29 Bogard St

Charleston, SC 29403

  • 92 days on market
Here's your chance to own the perfect historic downtown Charleston property! The Vogt House at 29 Bogard Street is a beautifully renovated and fully furnished 4 bedroom, 2 bath multi-family duplex in the popular, laid-back Cannonborough - Elliotborough neighborhood. Rare opportunity to live in one unit and SHORT-TERM-RENT (STR) the other unit (legally permitted by the city of Charleston)! Walkable to several restaurants, cafes, and bars (3 blocks from King Street). Situated like a true Charleston Single, each unit features 2 bedrooms and 1 bathroom, wood floors, tall ceilings, a spacious living/kitchen area, private balconies, gas lantern, and a large tropically landscaped backyard (with fruiting banana trees).The property recently upgraded with a new roof (2022), new tankless hot water heaters (2022), designer bathrooms, new electric ovens (2022), and off-street parking for two vehicles in a compact gravel driveway (possibility to rent 1 more parking space nearby). Located just walking distance to King Street, MUSC, College of Charleston, and the Charleston School of Law. This property (one unit) currently operates as a legally permitted Short Term Rental (STR). Reach out to listing agent for more details.

Details

Property type

Single Family Residence

Est. home value

$1,191,874

Lot size

3,484.8 sq ft

Price per sq ft

Unknown

Year built

1890

Price History

09/20/2024
CTAR

CTAR #24018747

Listed
$1,600,000
09/08/2024
CTAR

CTAR #24018747

Pending
$1,600,000
08/09/2024
CTAR

CTAR #24018747

Price change
$1,600,000
+7.38%

Schools & Community

Neighborhood: 

Cannonborough/Elliottbororugh

Elementary school: 

Mitchell

Middle school: 

Simmons Pinckney

High school: 

Burke

Number of units in community: 

2

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

$644,038
Asking price
$1,600,000
Closing costs (~8% of asking)
-$128,000
Est. remaining loan balance
-$827,962
Cash to seller
$644,038

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

Seller’s Loan History

Lender

Amalgamated Bank

Loan start date

July 2022

Original loan amount

$855,000

Est. remaining balance

$827,962

Interest rate

5.23%

Loan type

New Conventional, 30 year

Seller

David Andrew Underwood and Julie Wilgus Underwood

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: 10/23/2024 at 10:10 PM

Listing updated: 09/20/2024 at 3:18 PM

Listed by: Mason Wright, Charleston Premier Realty Phone #: (843) 509-3150

MLS: CTAR #24018747

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