tomo logo

$500,000

Beds
1
Baths
1.0
sq ft
440

85 Cumberland St Unit 3, Charleston, SC 29401

85 Cumberland St Unit 3

Charleston, SC 29401

  • 26 days on market
Beautifully maintained one bedroom condominium located at Markets Gate in the historic French Quarter neighborhood. This residence features high ceilings, original exposed brick walls, and beautiful hardwood floors. Thirty day rentals are allowed. The Cumberland Parking Garage is conveniently located across the street.

Details

Property type

Condominium

Est. home value

$488,411

Lot size

Unknown

Price per sq ft

$1,137

Year built

1900

Annual property taxes

$969

Price History

08/21/2024
CTAR

CTAR #24021144

Listed
$500,000

Schools & Community

Neighborhood: 

French Quarter

Elementary school: 

Memminger

Middle school: 

Courtenay

High school: 

Burke

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Reliance Bank

Loan start date

May 2021

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

2.92%

Loan type

Credit Line (Revolving)

Seller

Jay C Connor

Lender

The Bank Of South Carolina

Loan start date

July 2012

Original loan amount

$194,400

Est. remaining balance

$140,555

Interest rate

3.71%

Loan type

New Conventional, 30 year

Seller

James A Connor and Sara P Connor

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: 09/16/2024 at 4:15 PM

Listing updated: 09/05/2024 at 1:41 PM

Listed by: Lois Lane, Lois Lane Properties Phone #: (843) 577-2900

MLS: CTAR #24021144

CTAR logo

Recently listed in Charleston