Ranch home in Charleston, SC
Set in Charleston, SC, this Ranch home provides 3 bedrooms and 1 bathroom across 1,075 square feet. Its Ranch character defines the property's look.
| Price | $309,000 |
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| Beds | 3 |
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| Baths | 1 |
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| Sqft | 1075 |
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| Architectural style | Ranch (81% match) |
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| Address | 728 Melrose Dr, Charleston, SC 29414 |
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Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Zillow.
Is this a good buy?
Priced below comparable homes.
- At $309K, this home is 42% below the $530K median for 306 similar Ranch homes in Charleston, SC.
- That works out to $287 per square foot, 18% below the $351 comparable rate.
- On the market 15 days.
| This home | $309,000 |
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| Ranch median in Charleston, SC | $530,000 (306 homes) |
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| Price per sq ft | $287 vs. $351 comps median |
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It is well below comparable homes, which can mean condition issues, a smaller lot or living area, a leasehold, or a data quirk. Check the source listing before getting excited. Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $1,954/month with 20% down at a 7.28% 30-year fixed rate. You would need about $83,744 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,691/mo |
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| Property tax (new-buyer reassessed rate) | $147/mo |
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| Homeowners insurance | $116/mo |
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| Total monthly | $1,954/mo |
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| Down payment (20%) | $61,800 |
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| Income needed | $83,744/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B (71 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B (71/100) |
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| Beats renting in | 30% of modeled paths |
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| Modeled 5-yr equity (median) | $170,141 |
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| Range (10th to 90th pct) | $106,194 to $244,906 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Charleston, SC where local data is thin.
Local home values
Typical home values in Charleston, SC have risen about 28% over the past 5 years (0% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Zillow