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Step into Charleston's living history. Don't miss your chance to own a piece of the storied Scott-Foster House, built in 1779 by merchant John Scott and recipient of a Carolopolis Award from the Preservation Society of Charleston. Nestled along the picturesque Gadsden Alley in the heart of South of Broad, this remarkable property has lived many lives -- serving as a residence, grocery store, and saloon, and even housing British soldiers during the American Revolution and U. S. Navy servicemen during WWII. Historic charm with modern comfort. This one-bedroom, one-bath residence has been meticulously restored, blending preserved architectural details with thoughtful contemporary updates. Two gas fireplaces provide warmth and atmosphere, enhancing the inviting living and bedroom spaces. Every detail reflects a careful balance between 18th-century craftsmanship and today's lifestyle needs. Outdoor connection. 8 Elliott enjoys its own personal access off the bedroom to a shared patio, sharing it to 8 ½ Elliott and offering an intimate outdoor space ideal for relaxing or entertaining as well as personal trash use. A rare opportunity. Whether you're seeking a historic pied-à-terre, a downtown investment, or a piece of Charleston's storied past, 8 Elliott offers a unique chance to own a truly iconic address a living testament to the enduring character and charm of the Holy City. *This property comes with 2 residential on street parking permits which can be applied for with the City of Charleston by it's new owner. "The sale of the subject property is contingent on Seller recording a master deed and other documents necessary to create separate condominium units and establish a horizontal property regime in accordance with the South Carolina Horizontal Property Act (SC Code Ann. Section 27-31-10, et seg. )"
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,195,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $956,000 | $956,000 | $956,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.353% | 6.121% | 6.038% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,503 | $5,732 | $8,003 |
| Total Monthly Payment | $5,628 | $5,857 | $8,128 |
* 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.