MLS# 19012281 | 208 Ashley Avenue UNIT C Charleston SC | Cannonborough subdivision

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$299,000 | 3 beds | 1 full baths | 1 half baths | 1,500 sqft

$219,375
208 Ashley Avenue UNIT C
Charleston, SC 29403
  • 3Beds
  • 1Full Baths
  • 1Half Baths
  • 1,500SqFt
  • 1835Year Built
  • 0.00Acres
  • MLS# 19012281
  • Residential
  • Single Family Attached
  • Sold

  • Approx Time on Market11 days
  • AreaHistoric Charleston
  • CountyCharleston
  • SubdivisionCannonborough

Overview

PLEASE READ FULL REMARKS - 50K CONCESSION - Non-conforming condo price has been slashed for a quick sale, however... it calls for a cash buyer. HERE'S WHY: This condo had a horizontal property regime established approximately 12 years ago, but, the HOA bank account was never funded. This will make it difficult for a loan. This is why the seller is offering the property this far below market value (recent appraisal for $364,000 and unit A, a 943 sqft unit, sold for $268,000 in July of 2018 - this one is almost double that with more bedrooms) - - - There are a total of three condos in the building, and two of them are owned by the same person. The other member of the condo community has indicated the willingness to establish a monthly payment schedule, however, this is not guaranteed and isnot a conversation the seller will facilitate prior to sale. For this reason, the seller, with an acceptable offer, will fund the HOA account, as a credit toward unit C's regime obligation with $50,000 from Seller's proceeds at closing. A portion will be used to to pay the first year's insurance premium on the entire building and the balance of the 50k (as stated), will be used to fund the condo HOA account at closing for the buyer's portion of the building. The new owner can then choose to work with the other owner to establish a reasonable regime budget to pay for property insurance and any other common costs that they mutually agree to after closing. This unit has hardwood floors, 1 bedroom downstairs, 2 bedrooms upstairs with a full bath and a bonus room that has been used in the past as a fourth bedroom. There is not off street parking, but there are monthly parking spots nearby to the best of the seller's knowledge. The seller has no details of flood costs or other insurance costs on the building. This is to be established by the new owner at closing. The HOA documents are uploaded into the documents section fo the MLS. CASH ONLY SALE to be sold completely as-is with no repairs made to the interior or exterior of the building.


Sale Info

Listing Date: 04-28-2019

Sold Date: 05-10-2019

Aprox Days on Market: 
    11 day(s)

Listing Sold: 
   4 Year(s), 10 month(s), 19 day(s) ago

Original Asking Price: $299,000

Asking Price: $299,000

Selling Price: $219,375

Price Difference From Original: 
Reduced By $79,625

Price Difference From Asking: 
Reduced By $79,625

Agriculture / Farm

Grazing Permits Forest Service:  Yes

Grazing Permits Private:  Yes

Grazing Permits Blm:  Yes

Horse:  No

Farm Credit Service Incl:  Yes

Association Fees / Info

Bathroom Info

Halfbaths:  1

Fullbaths:  1

Building Info

Levels:  Two

Year Built:  1835

Floors:  Wood

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Pool Private:  No

Garage / Parking

Gar Pkg:  Other (Use Remarks)

Garage:  No

Attached Garage:  No

Green / Env Info

Interior Features

Fireplace:  No

Lot Info

Lot Size Units:  Acres

Acres:  0.00

Irrigation Water Rights:  Yes

Offer Compensation

Other

Mobile Home Remains:  Yes

Property Info

Property Type:  A

Stories:  2

Foundation:  Crawl Space

Exterior:  Wood Siding

New Construction:  No

Building Area Units:  Square Feet

View:  No

Home Warranty:  Yes

Habitable Residence:  Yes

Structure Type:  Condo Regime

Room Info

Beds:  3

Room Master Bedroom Level:  Upper

Sale / Lease Info

Sold Date:  2019-05-10T00:00:00

Lease Renewal Option:  Yes

Lease Considered:  Yes

Lease Assignable:  Yes

Special Features

Sqft Info

Sqft:  1500

Unit Info

Unit:  C

Utilities / Hvac

Water Source:  Public

Heating:  No

Water Sewer:  Public Sewer

Cooling:  Yes

Waterfront / Water

Waterfront:  No

Schools

Elem:  Mitchell

Middle:  Courtenay

High:  Burke

Directions

Located On Ashley Ave. Between Bee And Cannon Street.

Courtesy of listing office Carolina One Real Estate  - 843-779-8660

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On marshallwalker.com since Sun, Apr 28th 2019
No Property History recorded for this listing.

Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Marshall Walker Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 03-28-2024 11:53 PM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 03-28-2024 11:53 PM EST est.

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