19 days on rocket

704 Rutledge Ave, Charleston, SC, 29403

$1,449,900

Home List Price

$10,000*

Closing Credit

6 Bedrooms
0 Baths
2,438 SqFt
$595/SqFt
House
Schools Nearby

Location

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704 Rutledge Ave, Charleston$1,449,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOther (Use Remarks)
Year Built1938
MLS #24008784
Lot Size0.07 Acres
StatusActive

About 704 Rutledge Ave

Historic Downtown Duplex: Opportunity for an Investor or Live-in Owner!Location, Location, Location! This classic Charleston single boasts two spacious units (3 beds, 2 baths each) in the heart of vibrant downtown. Just steps from Hampton Park, neighborhood favorites Park & Grove, Herd Provisions, Moes Crosstown and (soon to be across the street) SightSee Coffee Shop! This income producing property offers the perfect blend of historic charm and modern convenience.Ideal for the Savvy Investor: Enjoy healthy rental income from two fully renovated units. Each unit features gleaming, restored wide-plank oak hardwood floors, high ceilings, and private porches. Modern kitchens and baths provide a touch of luxury for your tenants.Use for long term rentals, medium term furnished or convert the downstairs to office (RO Zoned). The options are endless... Live-in Owner's Dream: Occupy one unit and rent out the other to offset your expenses, take advantage of Charleston's booming short-term rental market. The downstairs unit could even be converted Unbeatable Downtown Living: Walk to explore Hampton Park, The Citadel, or the countless shops and restaurants lining the streets. This prime location offers everything you need at your doorstep. Bonus: Off-street parking is a rare features in downtown Charleston, providing additional convenience for you or your tenants. Please see attached disclosures, proformas for more information.

Property Details

Property Features

Property Information:

  • Year Built: 1938
  • Living Area: 2,438 SqFt

Listing Office:

  • Office Name: Corcoran HM Properties

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: Other (Use Remarks)

Virtual/3D Tour

  • 3D Tour: 704 Rutledge Ave

3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

School Info

Assigned Schools Information:

  • Burke High School, Public Magnet Grades 7-12

Other

Directions Information:

  • Directions: Head South On Rutledge Ave. Property Will Be On The Left. Park In Drive Or Street Parking

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,449,900
  • Price Per SqFt: $595/SqFt

Tax Information:

  • Annual Amount: $4,217
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Charleston, SC.

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Charleston, SC

City

Med. Sold Price

$538.9K

Med. Price/SqFt

$308

# of Sold Homes

269

704 Rutledge Ave vs Charleston

19 DAYS ON ROCKET

$1,449,900

+$910.9K More

$595/SqFt

+$287 More

KEY TAKEAWAY

This property is $910.9K more than the Median Sold Price and $287/SqFt more than other homes in Charleston, SC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24008784

Listing Office:

  • Office Name: Corcoran HM Properties

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the CHS Multiple Listing Service. Those properties marked with the CHS MLS Approved logo are provided courtesy of the CHS MLS Broker Reciprocity Database. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data deemed reliable but not guaranteed accurate by the MLS.
Copyright © 2024 Charleston Trident Association of REALTORS®
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 7:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 07, 2021Home Sold
$630,000
Feb 17, 2006Home Sold
$337,500
Jan 08, 2002Home Sold
$150,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,217$15,750
2018$3,773$13,690
2017$3,689$13,690

History based on county public records data.

Payment Calculator

$7,304

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,413

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-3904434
2
/10

  • Burke High School

  • 244 President St

  • 0.57 miles

  • Public Magnet Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,250. The majority of Charleston, SC residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 704 Rutledge Ave

What is the listing price of this property?

The listing price of 704 Rutledge Ave property is $1,449,900.

What type of property is this?

The property 704 Rutledge Ave is a house located in Charleston, South Carolina, 29403.

Is this property for sale now?

Active Listing: 704 Rutledge Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 704 Rutledge Ave are:
Burke High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,217 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 7, 2021 for $630,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 704 Rutledge Ave has 6 bedrooms.

What is the square footage of this property?

The property 704 Rutledge Ave is 2,438 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 704 Rutledge Ave is 1938.

Rocket Homes›South Carolina›Charleston County›Charleston›29403›704 Rutledge Ave

This home is located at 704 Rutledge Ave in Charleston, SC and zip code 29403 in the The Peninsula neighborhood. This 2,438 square foot home, which was built in 1938, sits on a 0.07 acre lot. Features: 6 bedrooms. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $1,449,900.

Over 67 listings were sold over their listed price in March 2024 in Charleston, SC. In the same period over 142 listings were sold below the listed price and 60 listings were sold for the listed price. Between February 2024 and March 2024, Charleston, SC real estate market has seen increase in the number of listings by 15.9%.

From Rocket Homes Real Estate and based on county public records data.

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