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$315,000

Beds
3
Baths
2.0
sq ft
Unknown

5863 Octavia Av, Ravenel, SC 29470

5863 Octavia Av

Ravenel, SC 29470

  • 38 days on market
    • Price drop $20,000↓
**$20K Price Improvement**This is the best deal on a move-in ready home in Ravenel. This ranch home has recent updates and sits on a corner lot with mature trees. Step inside and you will find a spacious living room with shiplap accent wall that opens to the eat-in kitchen. The kitchen has beautiful granite countertops and stainless-steel appliances. Just down the hallway, you will find a nice sized guest bathroom, two guest bedrooms, the primary bedroom and bathroom. This home has ample natural light and an easy living floor plan. The side and back yard offer plenty of space for all your toys or your pets! ** New luxury, vinyl flooring throughout. HVAC, roof, appliances, cabinets and fixtures are less than 3 years old! **

Details

Property type

Single Family Residence

Est. home value

$383,800

Lot size

0.36 acres

Price per sq ft

Unknown

Year built

1988

Annual property taxes

$1,483

Price History

12/16/2024
CTAR

CTAR #24028801

Price change
$315,000
-5.97%
11/14/2024
CTAR

CTAR #24028801

Listed
$335,000
+19.64%
03/10/2022
CTAR

CTAR #22003380

Sold
$280,000

Schools & Community

Elementary school: 

E.B. Ellington

Middle school: 

Baptist Hill

High school: 

Baptist Hill

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

$18,801
Asking price
$315,000
Closing costs (~8% of asking)
-$25,200
Est. remaining loan balance
-$270,999
Cash to seller
$18,801

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

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

March 2022

Original loan amount

$286,440

Est. remaining balance

$270,999

Interest rate

3.56%

Loan type

VA, 30 year

Seller

Lacy Chesser and Weylin Chesser

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: 12/23/2024 at 2:40 AM

Listing updated: 12/16/2024 at 1:20 PM

Listed by: Rachel Davis, Southern Real Estate, LLC Phone #: (843) 559-7864

MLS: CTAR #24028801

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