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Welcome to 557 Rutledge Avenue, a charming downtown Charleston home full of character, thoughtful updates, and an unbeatable location. With 2 bedrooms, 2. 5 bathrooms, a private driveway, and a backyard, this home offers the kind of livability that is hard to find in such a sought-after location. Inside, the home features a comfortable and functional flow with an inviting living room and dining space that connect seamlessly to the kitchen, making everyday living and entertaining effortless. Exposed beams and beautiful architectural details add warmth and character throughout. The updated kitchen features granite countertops, a marble backsplash, brick herringbone flooring, an induction range, a new sink and faucet, and upgraded lighting. A door from the kitchen opens directly to the backyard, creating an easy indoor-outdoor connection for morning coffee, dining al fresco, or enjoying Charleston's beautiful weather. Upstairs, you will find two bedrooms and two full bathrooms, along with a conveniently located laundry closet and a versatile space ideal for a desk or reading area. The primary bedroom offers a private balcony at the front of the home. The larger of the two full baths has been renovated featuring marble floors, granite countertops, dual sinks, updated fixtures, a clawfoot soaking tub, and a frameless glass shower. Outside, the fenced backyard has been enhanced with mature landscaping, providing a private outdoor space to relax, entertain, or garden. One of the home's most appealing features is its unbeatable location. Enjoy being just steps from neighborhood favorites including Hampton Park, Welton's Tiny Bakeshop, Leon's Oyster Shop, Melfi's, Little Jack's Tavern, Chubby Fish, The Daily, and The Nook. This is downtown Charleston living at its best! Schedule your showing today.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$875,000
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 | $700,000 | $700,000 | $700,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.218% | 6.133% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,141 | $4,197 | $5,907 |
| Total Monthly Payment | $4,233 | $4,289 | $5,999 |
* 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.