13 Line Street, Charleston, SC, 29403 | $100,000

Public Online Real Estate Auction. List price is arbitrary, starting bid price is actually $1, final sales price to be determined through bidding at public online auction ending April 16th!Rarely does an opportunity like this surface in downtown CharlestonSituated on Line Street in the storied Eastside neighborhood, this property places you at the geographic and cultural center of Charleston. The neighborhood edges up to King Street, Charleston's famed retail shopping district, and the Medical University of South Carolina -- and within a few blocks sits the College of Charleston, founded in 1770, one of the oldest colleges in the nation. Currently configured as a duplex, the property potentially lends itself to conversion into a single-family residence. Preliminary architectural plans, drawn by a renowned local architect, are available upon request. The vision is yours. This is a chance to leave your mark on one of the most walkable, bikeable, and historically rich streets on the entire peninsula. The surrounding area is considered a walker's paradise and is very bikeable, with a variety of bike paths and lanes throughout. MUSC, the College of Charleston, Upper King Street dining and nightlife, Hampton Park, and the Charleston School of Law are all within easy reach on foot or by bike. Auction Terms: This property is being sold via auction. The list price does not reflect the final sale price -- the accepted bid price governs. All bids are subject to seller approval. Instructions are available for where to submit bids and full due diligence materials including the architectural plans. Sold as-is. Buyer to verify all information. Preliminary architectural plans available upon request. Conversion to a single family home is not guaranteed and is subject to approval from all governing bodies.

Features

  • Bedrooms: 4
  • Units: 2
  • Development: 51 - Peninsula Charleston Inside of Crosstown
  • Year Built: 1910
  • Approx Sq. Feet: 1,482
  • Acreage: 0.03
  • Elem. School: Sanders Clyde
  • Middle School: Simmons Pinckney
  • High School: Burke
  • MLS#: 26007959
  • Days on Market: 68 days
  • Website: https://www.raveis.com
    /prop/26007959/13linestreet_charleston_sc?source=qrflyer
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Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Listing courtesy of Matt O'Neill Real Estate

William Raveis Family of Services

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Yokadi Mejia, William Raveis Insurance

561.335.7966

Yokadi.Mejia@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

13 Line Street, Charleston, SC, 29403

$100,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $80,000 $80,000 $80,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.375% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.374% 6.524% 5.933%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $480 $499 $664
Total Monthly Payment $555 $574 $739

* 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.