45 Colleton Drive, Charleston, SC, 29407 | $825,000

Nestled in one of Charleston's most sought-after neighborhoods, and just steps away from the Avondale commercial district, this previously expanded 1940's brick cottage offers the perfect opportunity to add modern touch to original charm. The home sits true to its original character with quaint curb appeal, mid-century features and finishes, but was previously expanded to feature items not seen in Byrnes Downs until recently - a large living room, oversized dining area and wood-burning fireplace, as well as upstairs guest bedrooms and bath. Boasting 4 bedrooms and 2. 5 bathrooms in total and spanning 2039 SF, the home lends itself more towards family living than it's 2 bed 1 bath peers. The galley style kitchen was updated by current ownership and now offers updated cabinets, stainless steel appliances and granite countertops with barstool seating. Behind the home, you will also find a fully fenced, manageable yard and large storage shed. The property sits towards the back of the neighborhood, allowing for increased privacy and less transient traffic. Byrnes Downs is a 1940's brick cottage community just minutes away from downtown Charleston. It has deep roots in Charleston's WWII-era history, with the homes originally serving as rentals for the Charleston Naval Shipyard workers. Homes were later sold to veterans and the neighborhood quickly developed a reputation of its own as a preferred bedroom community. Today, Byrnes Downs sits along the West Ashley Greenway, an 8-mile-long biking and walking trail that connects the area to other neighborhoods, shopping, restaurants and grocery stores. The City of Charleston is currently linking the greenway to the downtown peninsula. Construction recently started on the pedestrian bridge spanning the Ashley River, ensuring continued access and further interest in the neighborhood for years to come. Just minutes away from all Downtown Charleston and its amazing beaches have to offer! Do not miss your opportunity to own and transform this amazing home in such a special location. Schedule your time to tour today!

Features

  • Amenities: Bus Line, Park, Trash, Walk/Jog Trails
  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Style: Cottage
  • Development: 11 - West of the Ashley Inside I-526
  • Year Built: 1944
  • Heating: Central, Heat Pump
  • Approx Sq. Feet: 2,039
  • Acreage: 0.15
  • Lot Desc: 0 - .5 Acre
  • Elem. School: St. Andrews
  • Middle School: St. Andrews
  • High School: West Ashley
  • MLS#: 25024652
  • Days on Market: 127 days
  • Website: https://www.raveis.com
    /prop/25024652/45colletondrive_charleston_sc?source=qrflyer
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Listing courtesy of The Cassina Group

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NMLS Mortgage Loan Originator ID 16953

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Melissa.Cohn@raveis.com

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45 Colleton Drive, Charleston, SC, 29407

$825,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $660,000 $660,000 $660,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 5.875% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.229% 6.007% 5.952%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,747 $3,904 $5,481
Total Monthly Payment $3,839 $3,996 $5,573

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.