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$405,000

Beds
3
Baths
2.0
sq ft
Unknown

5518 Garrett Av, North Charleston, SC 29406

5518 Garrett Av

North Charleston, SC 29406

  • 2 days on market
Tastefully-renovated, charming and bright, 3-bed/2-bath, 1-story, open plan home, with a fenced backyard and located on a quiet street just 5 minutes to Park Circle restaurants, bars and coffee shops. NO HOA and NO FLOOD insurance required!The spacious front porch is perfect for morning coffee. The open plan offers a main living area with a renovated kitchen, eat-in dining and living room with built-ins. Modern upgrades include LVP flooring, smooth ceilings, quartz countertops, tile backsplash, and S/S appliances. The large, fully-fenced, private backyard has a firepit for outdoor entertaining. The primary bedroom is filled with natural light and has an ensuite with tiled shower, updated vanity/lighting and a walk-in closet. The large 2nd bedroom enjoys views of the backyard and...... the 3rd, equipped with a Murphy bed for ease and versatility, now serves as an office. The shared hall bathroom has an updated vanity and a shower tub/combo. The laundry room doubles as a pantry and storage room. This home is centrally-located, with easy access to I-526, downtown Park Circle, its new community center and the Danny Jones Recreation Center. Just 10 minutes to Charleston International Airport, 20 minutes to downtown Charleston, and 25-30 minutes to the beaches. Also near hospitals, shopping, places of worship and major employers like Boeing, Bosch, Joint Base Charleston and the Naval Weapons Station.

Details

Property type

Single Family Residence

Est. home value

$297,617

Lot size

7,405.2 sq ft

Price per sq ft

Unknown

Year built

2006

Annual property taxes

$1,527

Price History

01/18/2025
CTAR

CTAR #25001562

Listed
$405,000
+63.64%
06/17/2022
CTAR

CTAR #22009987

Sold
$247,500
+73.68%
08/25/2017
CTAR

CTAR #17018732

Sold
$142,500
+39.71%

Schools & Community

Elementary school: 

North Charleston

Middle school: 

Morningside

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

$65,676
Asking price
$405,000
Closing costs (~8% of asking)
-$32,400
Est. remaining loan balance
-$306,924
Cash to seller
$65,676

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

Seller’s Loan History

Lender

United Community Bank

Loan start date

June 2022

Original loan amount

$319,603

Est. remaining balance

$306,924

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Addison K Melchoir and Hayden A Murrah

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: 01/21/2025 at 3:25 AM

Listing updated: 01/20/2025 at 6:25 PM

Listed by: Alan Donald-liebisch, Keller Williams Realty Charleston Phone #: (843) 416-2000

MLS: CTAR #25001562

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