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$635,000

Beds
2
Baths
2.5
sq ft
Unknown

38 Cedar St, Charleston, SC 29403

38 Cedar St

Charleston, SC 29403

  • 59 days on market
    • Price drop $5,000↓
Step into a turnkey opportunity with this fully furnished 2-bedroom, 2.5-bathroom home, perfect for executive rentals or your new home. Located in the vibrant heart of Downtown, this property offers contemporary elegance with an open floor plan, gleaming hardwood floors, and an abundance of natural light.The stylish kitchen is a centerpiece, with custom soft-close cabinetry, a bespoke hood, a spacious island with quartz countertops, top-of-the-line stainless steel appliances, a wine cooler, built-in microwave, and subtle under-cabinet lighting.Upstairs, two generously sized bedrooms each feature their own private, modern en-suite bathrooms and custom closets added by the owners. A convenient laundry closet is also located on this level.Recent upgrades in 2024 include custom closets, an irrigation system, and new sod, enhancing both the functionality and beauty of the home. Additional perks include private parking and a large backyard perfect for outdoor gatherings. Major updates completed in 2021 include a new roof, HVAC system, electrical wiring, plumbing, and a tankless water heater. Situated at 38 Cedar Street, this home places you just steps away from local favorites such as Revelry Brewing, Mozzo Deli, Home Team BBQ, Edmunds Oast, and Taco Boy. Whether you envision this as your dream home or a lucrative rental property, its undeniable charm and prime location make it an exceptional find.

Details

Property type

Single Family Residence

Est. home value

$645,141

Lot size

1,306.8 sq ft

Price per sq ft

Unknown

Year built

1945

Annual property taxes

$2,523

Price History

09/09/2024
CTAR

CTAR #24018403

Price change
$635,000
-0.78%
07/19/2024
CTAR

CTAR #24018403

Listed
$640,000
+4.07%
02/28/2024
CTAR

CTAR #24000830

Sold
$615,000
+2.5%

Schools & Community

Neighborhood: 

East Central

Elementary school: 

Sanders Clyde

Middle school: 

Simmons Pinckney

High school: 

Burke

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

$135,894
Asking price
$635,000
Closing costs (~8% of asking)
-$50,800
Est. remaining loan balance
-$448,306
Cash to seller
$135,894

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

Seller’s Loan History

Lender

Princeton Mortgage Corp

Loan start date

January 2022

Original loan amount

$475,000

Est. remaining balance

$448,306

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Caroline Howard

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: 09/16/2024 at 3:25 PM

Listing updated: 09/10/2024 at 3:11 PM

Listed by: Phil Emmert, Tabby Realty LLC Phone #: (843) 737-3793

MLS: CTAR #24018403

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