507 Craven Street

507 Craven Street has been categorized by the local assessors in Beaufort, SC as a residential type of property. The building on the property was first built in 1890 and is 134 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 507 Craven Street has 2,281 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 13,068 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 452 sqft. Residents will have the luxury of enjoying a open porch. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 507 Craven Street was last sold in Apr 16, 2021 for $1,095,000. According to our calculations, that's $480.05 per sqft. Prior to that sales transaction, the property was sold for $960,000 in Apr 18, 2006. Current property owners are expected to pay $8,372 in taxes per year. The property on 507 Craven Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $44,000. To break that down further, the land itself was valued at $9,424. While improvements to the property were assessed at a total of $34,576. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.