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$792,732Estimated home value

Beds
3
Baths
3.0
sq ft
Unknown

441 Race St, Charleston, SC 29403

441 Race St

Charleston, SC 29403

  • Off market
    • Price drop $90,001↓
Rare opportunity for a completely renovated west side downtown Charleston home located a short walk from King Street, Hampton Park or bike accessible to the city. Prefer to stay in? No worries! Relax in the large (double lot!) landscaped yard with an inground Gunite saltwater pool and 400 BTU heater for year round fun. Enjoy dining al-fresco on the brick patio under the stars. A gardening workshop offers a green thumb spot, a home for your pool toys, or additional storage. This large fenced oasis is rare for a downtown home in this price range.Step indoors to a stunning 3/3 home has been totally renovated to retain character and add modern convenience. Gleaming pine floors, arched doorways, exposed brick are all part of this charming comfortable home.The entertainer kitchen offers new profile appliances and a wall of storage that flows into the den and out to the back patio is perfect for a growing family, or a host that wants to entertain family and friends. This Charleston single home is built for Charleston weather with new features including new piers in the foundation, new water and sewer lines, and new plumbing and electrical work. This solid home is wrapped in new sheathing and hardie plank siding. Modern conveniences include new HVAC system, new tankless water heater, new all in one washer/dryer, new bathroom fixtures and lighting. Why settle for new construction when you can own a classic Charleston Single home with all the charm of the past and convenience of the modern! Located at 441 Race Street, this home is in the Cat 2 Short Term Rental (STR) overlay of the Westside offering an income opportunity for an investor. The interior layout allows the front bedroom to be used for someone wanting a home office space accessible for client meetings. Two off-street parking spaces completes the convenience this home offers and the multi functional use it would bring to the new homeowner. This home is a true gem and won't last. Run to 441 Race Street for a magnificent opportunity to live in downtown Charleston!

Details

Property type

Single Family Residence

Est. home value

$792,732

Lot size

3,920.4 sq ft

Price per sq ft

Unknown

Year built

1930

Annual property taxes

$1,945

Price History

10/05/2024
CTAR

CTAR #24019558

Removed
$1,199,999
09/12/2024
CTAR

CTAR #24019558

Price change
$1,199,999
-6.98%
08/16/2024
CTAR

CTAR #24019558

Price change
$1,290,000
-4.44%

Schools & Community

Neighborhood: 

Westside

Elementary school: 

Mitchell

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

$564,060
Asking price
$1,199,999
Closing costs (~8% of asking)
-$96,000
Est. remaining loan balance
-$539,939
Cash to seller
$564,060

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

September 2023

Original loan amount

$547,000

Est. remaining balance

$539,939

Interest rate

6.96%

Loan type

New Conventional, 30 year

Seller

Kenny Ferrare and Lauren Selwyn

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: Off Market

Tomo last checked: 01/21/2025 at 4:40 AM

Listing updated: 09/28/2024 at 9:18 PM

Listed by: Kathy Ware, Carolina One Real Estate Phone #: (843) 884-1800

MLS: CTAR #24019558

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