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19 Ashton Street is a rare opportunity to own a comprehensively restored Freedman's Cottage in Charleston's sought-after Westside neighborhood. Rich in historic character yet thoughtfully rebuilt for modern living, this residence stands apart from other cottages of its kind due to the extent of its structural renovation. The home was completely lifted and rebuilt with an elevated, walk-under foundation, all-new piers, hurricane strapping, ties, and anchors installed per structural engineer specifications--an uncommon and highly valuable improvement that offers long-term peace of mind, added functionality, and superior protection from foundational issues that often affect comparable properties. Unlike many historic cottages that remain close to grade, 19 Ashton has been over-engineered andmeticulously reconstructed from the ground up. The exterior improvements further enhance the property's appeal, including a new standing seam metal roof, new masonry steps with iron railing, horizontal wood louvers between masonry piers, and carefully executed finish details that respect the home's historic roots while elevating its overall presentation. As a Freedman's Cottage, the home carries important historical significance, reflecting a notable piece of Charleston's architectural and cultural heritage, while offering buyers the benefit of a truly turnkey restoration with the infrastructure and integrity rarely found in similar historic homes.
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Our Executive Mortgage Banker:
Our Insurance Division:
$725,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $580,000 | $580,000 | $580,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,571 | $3,662 | $4,816 |
| Total Monthly Payment | $3,663 | $3,754 | $4,908 |
* 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.