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$399,000

Beds
3
Baths
2.0
sq ft
1,456

607 Schooner Rd, Charleston, SC 29412

607 Schooner Rd

Charleston, SC 29412

  • 146 days on market
    • Price drop $90,000↓
Do you know why it's so rare to find a home on James Island where you can live on the water for under $500K?? Location, Location, Location!! After all, imagine starting your day just (7) miles away from the best surf in town (at th' Folly Beach ''Washout'') - Or, after a long week, heading (7) miles in the opposite direction to take-in Avondale's trendy nightlife - Or, after work one night, hopping across Maybank Hwy to delight in sunset vistas from St. John's Harbor Yacht Club - Or, for members of the MUSC family who travel downtown ALL...THE...TIME, 607 Schooner is only (6) Miles and a few lights from Rutledge Tower and that sprawling campus. Frankly, there's so much to enjoy in & around this centrally located neighborhood that you'll wonder who else knows about this hidden gem we callLighthouse Point. Well, just ask any local and they'll tell you, there's a reason why people seem to stay on James Island - They're born on James Island, grow-up & go to school on James Island, buy their first home on James Island, retire, and stay on James Island. It's a special place - 29412.

Details

Property type

Single Family Residence

Est. home value

$582,585

Lot size

0.4 acres

Price per sq ft

$275

Year built

1971

Price History

06/14/2024
CTAR

CTAR #24003344

Price change
$399,000
-18.4%
04/15/2024
CTAR

CTAR #24003344

Price change
$489,000
-4.12%
02/09/2024
CTAR

CTAR #24003344

Listed
$510,000
+2%

Schools & Community

Elementary school: 

Stiles Point

Middle school: 

Camp Road

High school: 

James Island Charter

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

$115,038
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$252,042
Cash to seller
$115,038

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

February 2017

Original loan amount

$293,400

Est. remaining balance

$252,042

Interest rate

4.3%

Loan type

New Conventional, 30 year

Seller

Aaron Lehman

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: 07/05/2024 at 12:20 AM

Listing updated: 06/15/2024 at 12:15 AM

Listed by: Troy Watson, Ashley Cooper Real Estate, LLC Phone #: (843) 709-2256

MLS: CTAR #24003344

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