Sold

1416 Chancellor Street

Edisto Island SC, 29438

$825,000


$644.53 per sqft

Sold

3 Beds

2 Baths

1,280 sqft

Residential

Built in 1959

Back on market at no fault of the home nor the sellers! The buyers home sale did not go through so the buyer had to back out of contract just days before closing. Already past the Home Inspection, the CL-100, and the appraisal, so this home is ready-to-go! Well on its way to having a record year with rental income if it keeps going like it is!Excellent rental history for this meticulously renovated 1 story, 3 bedroom, 2 bath beach house. Rental revenue $70,000 for Feb to Nov of 2023! Could have been more, but the owners enjoyed many weeks for themselves and blocked off 3 weeks in December for showings. Multiple rentals on the books for 2024 already. New kitchen and bathrooms, HVAC, tankless hot water heater, leveled floor system, just to name a few items. Top ofthe line linens and bedding give this rental home excellent reviews. Enjoy 2 driveways, 2 screened in porches, a large patio, outdoor shower, tankless water heater, and a 14 x 20 shed in the back yard that would make for a fun game room! Quick walk to the beach past only 7 houses. On crawl space, so no steps to climb with groceries or luggage. Flood Insurance $2,299 per year and Homeowners Insurance $7,076 per year.

23027412

MLS ID

December 6, 2023

Listed

April 16, 2024

Updated

Map

1416 Chancellor Street
Edisto Island SC, 29438

Interior Features

Total Stories

1


Bedrooms

3 Beds


Bathrooms

2 Baths


Interior Features

Ceiling - Cathedral/Vaulted, Ceiling - Smooth, Great, Separate Dining, Utility


Laundry Description

Laundry Room


Floor Description

Ceramic Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

0.25 Acres


Lot Features

0 - 5 Acre, Level


Architectual Style

Cottage


Roof

Architectural


Sewer

Septic Tank

School Information

High School

Colleton


Elementary School

Northside Elementary

Other Property Details

Area Name

27 - CLN - Edisto Beach


Garage

No


Parking

Off Street


View

No


County

Colleton


Water Source

Public


Pool

No


Waterfront

Yes


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

4/15/2024

Sold

$825,000

3/18/2024

Under Contract

2/16/2024

Active

1/13/2024

Under Contract

Courtesy of Anchor Coastal Realty, LLC with Aleta Riesberg,
Listing Contact:  

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Andy Bovender Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

IDX listing 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.

©2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.

Data last updated 12:09 AM UTC, 4/16/2024

Powered byLuxury Presence