241 Bay Street, Charleston, SC 29401
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241 Bay Street, Charleston, SC 29401

$1,375,000

STATUS: For Sale MLS #: 24027566 Days on Market: 6
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3-8 SPED Schools in 29401

Name
Address
Phone
Type
Grade
103 Calhoun Street
8437247750
Public
3-8 SPED

K-8 Schools in 29401

Name
Address
Phone
Type
Grade
15 Archdale Street
843-377-0315
Private
K-8
56 Halsey Blvd.
843-723-0664
Private
K-8

PK-5 SPED Schools in 29401

Name
Address
Phone
Type
Grade
20 Beaufain Street
8437247778
Public
PK-5 SPED

Situated in the renovated Sylvester Jancovitch Building, this posh, first floor condo has a private entrance from East Bay Street and has been constructed with an open floor plan. The sleek kitchen includes top-of-the-line appliances, including a Galanz retro refrigerator, mini wine cooler, and generous cabinetry for plenty of storage space. The large breakfast bar overlooks a cozy living and dining area. Two bedrooms, each with en-suite bathrooms, are located on opposite ends of the condo. Both bathrooms include upgraded fixtures, marble tile and counters, and large glass-enclosed showers. Noise-dampening thermal storm windows complete this tranquil space. Two assigned tandem off-street parking spaces are included.The building is conveniently located near some of Charleston's best restaurants, shopping, art galleries, and parks. The entire building, which is made up of 4 separate condominiums, consists of 2 buildings renovated and combined into one. The original building located at 241 East Bay St was constructed in 1871, and underwent a historic rehabilitation in 1986, at which point the contemporary addition to the north (located at 243 East Bay Street) was constructed and joined to the original edifice by a stucco and glass hyphen. The entire building underwent a second significant historical renovation by the current owner from 2015 - 2021, which included new mechanical systems, a comprehensive security system, new or newly refurbished windows, new interior noise-dampening thermal storm windows, repairs to the standing seam metal roof and exterior stucco, and full interior renovation to convert the building to 4 residential condos. Furnishings are available for purchase separately.

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Address: 241 Bay Street
City: Charleston
State: SC
Zip: 29401
County: Charleston

About Me

About MeHome ValuationExposure to Buyers

What makes me different and more worthy than any other agent? Great Question…

1.) I have been in the real estate industry since 1998

 

2.) At 29 years old I founded a wholesale mortgage firm here in Charleston and as such being the President/CEO I was responsible for overseeing 13 team members, two branches, ALL the marketing functions, business development, training of real estate agents in financing, training of my loan officers, and making sure over $85 Million in loans got closed. Of which most were purchases. So I have REAL business knowledge and real estate is business vs an agent without that savvy business skills.

 

3.) I graduated from University of S.C. where my major was media arts. What’s that mean? What you are reading right now is media. Everything you see and hear is media. Everything on a computer is digital media, websites, video, photographs, and audio. I studied video production, photography/lighting courses, audio recording, and more. Even post cards, billboards, news paper are ALL media, print media. (Although it’s an antiquated media). With that knowledge your home will have the most beautiful representation to the prospective buyers, instead of most of what you see out there (poorly lit, poorly framed, bad photos and video that put off buyers).

 

4.) 95% OF ALL REAL ESTATE TRANSACTIONS BEGIN WITH THE INTERNET… PERIOD, IT IS FACT. I am a digital internet marketing expert. I consult other businesses on how to harness the internet’s power through web design, SEO (search engine optimization), content marketing, image marketing, user experience design, online ad management and more.

When listing a home for sale there isn't an exact science to it, but what is required is knowing all the facts, and that's where I come in. What's a home valuation really anyway?

Estimating the value of real property is important to a variety reasons, but for most people, determining the asking or purchase price of a property is the most useful application of real estate valuation. This article will provide an introduction to the basic concepts and methods of real estate valuation, particularly as it pertains to real estate sales.

That's all well and good, however what most home owners in Charleston SC and the U.S. really want to know is what's my property worth now if I were to try to sell it? The most common method  that 90% of listing agent use is: 

The Sales Comparison Approach.

 

Value -
A main consideration in appraising is to determine a property’s value: the present worth of future benefitsarising from the ownership of real property. Unlike many consumer goods such as oil, lumber, food, etc. that are quickly used, the benefits of real property are generally realized over a long period of time. Therefore, an estimate of a property’s value must take into consideration economic and social factors, as well as governmental controls or regulations and environmental conditions that may influence the four elements of value:

 

  • Demand – the desire or need for ownership supported by the financial means to satisfy the desire;
  • Utility – the ability to satisfy future owners’ desires and needs;
  • Scarcity – the finite supply of competing properties
  • Transfer-ability – the ease with which ownership rights are transferred.

– What have the homes that are MOST comparable to yours (subject property) sold for recently per sq ft., and  what is currently for sale (taking into account scarcity from above)?

 

– What are the prices being asked by your competing listings in and around your neighborhood.

 

Other Factors inside the two primary ones above include: (age of home, physical features, location, conditions of the sale, economic conditions)

 


MLS ID: 24027566
List Price: $1,375,000
Bedrooms: 2
Full Baths: 2
Half Baths: N/A
Total Square Feet: 14302
Elementary School: Memminger
Middle School: Simmons Pinckney
High School: Burke
Subdivision: Ansonborough
Home Style:
Year Built: 1871
Days On Market: 6
Lot Size: acres
Outdoor & Yard Description:
Ceiling - Smooth
Kitchen Island
Eat-in Kitchen
Living/Dining Combo
Charleston Water Service
Dominion Energy

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