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Originally constructed in 1890, this classic Freedman's cottage underwent a comprehensive renovation in 2016, blending historic character with modern infrastructure. The single-story residence spans over 1, 400 square feet and maintains a functional 3 BR, 2 BA floor plan in the heart of downtown Charleston and is nestled within walking distance of Spring St restaurant hot spots as well as the downtown hospital district. The home's interior preserves original architectural details such as beadboard wainscoting, decorative transom windows that allow natural light transfer between rooms, high 10+ foot ceilings, exposed rafter beams, and beautiful historic wood flooring. The exposed brick fireplace serves as a central focal point, anchoring the living space in the home's 19th-century origins. A private driveway provides off-street parking to stack 2 vehicles as well as an EV charger. The rear of the home is a relaxation oasis and includes a nice deck to enjoy a morning coffee or evening glass of wine, stone patio, fountain, and established mature plantings. An irrigation system services the entire landscape. The single level configuration, desirable and rare for the area, provides efficient flow throughout the entire home. The primary suite features two walk-in closets as well as ensuite bathroom with dual vanity and spacious multi head shower. This property offers a turnkey opportunity to own a piece of Charleston history with updated mechanicals and finishes with incredible proximity to Spring Street's finest restaurants and the medical district.
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Our Executive Mortgage Banker:
Our Insurance Division:
$995,000
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 | $796,000 | $796,000 | $796,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.350% | 6.259% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,772 | $4,837 | $6,717 |
| Total Monthly Payment | $4,864 | $4,929 | $6,809 |
* 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.