MLS# 16016791 | 85 Cumberland Street UNIT P5 Charleston SC | French Quarter subdivision

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$669,000 | 2 beds | 1 full baths | 1 half baths | 1,012 sqft

$640,000
85 Cumberland Street UNIT P5
Charleston, SC 29401
  • 2Beds
  • 1Full Baths
  • 1Half Baths
  • 1,012SqFt
  • 1900Year Built
  • 0.00Acres
  • MLS# 16016791
  • Residential
  • Single Family Attached
  • Sold

  • Approx Time on Market3 months, 12 days
  • AreaHistoric Charleston
  • CountyCharleston
  • SubdivisionFrench Quarter

Overview

Here's a rare opportunity to own a pristine two-bedroom penthouse in Charleston's historic French Quarter. Market's Gate at 85 Cumberland Street is where modern meets historic, and Penthouse 5 has been painstakingly renovated and fully furnished to create the ultimate lifestyle for even the most discriminating buyer.The building offers a secured entry, a grand entrance hall with a massive chandelier and an elevator that is reminiscent of 1940s Paris.Penthouse 5, a two-story unit, includes 10-foot ceilings, heavy moldings, exposed brick, heart-pine floors and a gourmet kitchen that make this an incredible living experience.Upstairs, Penthouse 5 offers an open floor plan with a living room, powder room, a dining/kitchen area and French doors that open to a quaint terrace that offersviews of many of Charleston's most iconic landmarks. The kitchen has custom-made cabinets, granite countertops and high-end appliances, including Sub-Zero, Bosch and Jenn-Air.Downstairs, the master bedroom includes a queen-sized bed, his-and-hers closets and a sitting area.The downstairs bathroom offers dual vanities, a shower and separate tub, and a linen closet that houses a washer and dryer.The other bedroom includes a sofa/sleeper.Penthouse 5 is unique because it is the only unit in the building that offers both a security system and a Rinnai tankless water heater.The location of Penthouse 5 gives you the opportunity to walk, bike or take a carriage ride to many of the nearby events and venues that make Charleston the No. 1 city in North America.


Sale Info

Listing Date: 06-22-2016

Sold Date: 10-05-2016

Aprox Days on Market: 
    3 month(s), 12 day(s)

Listing Sold: 
   7 Year(s), 6 month(s), 19 day(s) ago

Original Asking Price: $699,000

Asking Price: $669,000

Selling Price: $640,000

Price Difference From Original: 
Reduced By $59,000

Price Difference From Asking: 
Reduced By $29,000

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

Community Features:  Elevators, Trash

Bathroom Info

Halfbaths:  1

Fullbaths:  1

Building Info

Year Built:  1900

Floors:  Ceramic Tile, Stone, Wood

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Pool Private:  No

Garage / Parking

Gar Pkg:  Off Street

Garage:  No

Attached Garage:  No

Green / Env Info

Interior Features

Interior Features:  Ceiling - Smooth, High Ceilings, Garden Tub/Shower, Walk-In Closet(s), Living/Dining Combo

Fireplace:  No

Lot Info

Lot Desc:  .5 - 1 Acre

Lot Size Units:  Acres

Acres:  0.00

Irrigation Water Rights:  Yes

Offer Compensation

Other

Security Features:  Fire Sprinkler System, Security System

Mobile Home Remains:  Yes

Property Info

Property Type:  A

Stories:  2

Foundation:  Crawl Space

Exterior:  Brick, Stucco

New Construction:  No

Building Area Units:  Square Feet

View:  No

Home Warranty:  Yes

Habitable Residence:  Yes

Structure Type:  Condominium

Room Info

Beds:  2

Primary Bedroom Features:  Ceiling Fan(s), Multiple Closets

Sale / Lease Info

Sold Date:  2016-10-05T00:00:00

Lease Renewal Option:  Yes

Lease Considered:  Yes

Lease Assignable:  Yes

Special Features

Sqft Info

Sqft:  1012

Unit Info

Unit:  P5

Utilities / Hvac

Water Source:  Public

Utilities:  Charleston Water Service, SCE & G

Heating:  Yes

Heat:  Heat Pump

Water Sewer:  Public Sewer

Cooling:  Central Air

Cooling:  Yes

Waterfront / Water

Waterfront:  No

Schools

Elem:  Memminger

Middle:  Courtenay

High:  Burke

Directions

From Broad Street, North To Meeting Street. Turn Right Onto Cumberland. Between Meeting And Church Streets. P5 At 85 Cumberland Is Located On Thr South Side Of Cumberland

Courtesy of listing office Coldwell Banker Realty 

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Price & Status History (on marshallwalker.com since Wed, Jun 22nd 2016)
  • Original Price: $699,000
  • Current Price: $669,000
  • Price Reduced: $30,000
Date ChangedFromTo
09/03/2019$640,000 $669,000 Increase by $29,000
07/14/2016$699,000 $669,000 Reduced by $30,000

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 04-24-2024 7:03 AM 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 04-24-2024 7:03 AM EST est.

Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.


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