$291,200
SOLD FEB 4, 2025

5863 Octavia Ave Ravenel, SC 29470

3 Beds
2 Baths
1,150 Sq Ft
0.36 Acres

Recently Sold

$253 Per Sq Ft

13% Below List Price

51 Days on Market

Highlights

  • RV or Boat Storage in Community
  • Eat-In Kitchen
  • Central Air
  • Traditional Architecture
  • Luxury Vinyl Plank Tile Flooring
  • Ceiling Fan

About This Home

As of March 2025

**$20K Price Improvement**This is the best deal on a move-in ready home in Ravenel. This ranch home has recent updates and sits on a corner lot with mature trees. Step inside and you will find a spacious living room with shiplap accent wall that opens to the eat-in kitchen. The kitchen has beautiful granite countertops and stainless-steel appliances. Just down the hallway, you will find a nice sized guest bathroom, two guest bedrooms, the primary bedroom and bathroom. This home has ample natural light and an easy living floor plan. The side and back yard offer plenty of space for all your toys or your pets! ** New luxury, vinyl flooring throughout. HVAC, roof, appliances, cabinets and fixtures are less than 3 years old! **

Last Agent to Sell the Property

Rachel Davis

Southern Real Estate, LLC License #88344 Listed on: 11/14/2024

Last Buyer's Agent

Thomas Shoupe

Opendoor Brokerage, LLC License #85799

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,483

Year Built

  • Built in 1988

Lot Details

  • 0.36 Acre Lot
  • Elevated Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof
  • Cement Siding

Interior Spaces

  • 1,150 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Family Room
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • E.B. Ellington Elementary School
  • Baptist Hill Middle School
  • Baptist Hill High School

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Community Details

Overview

  • Palmetto Terrace Subdivision

Recreation

  • RV or Boat Storage in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,483

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Ranch, Traditional
  • Year Built: 1988
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.36
  • Subdivision Name: Palmetto Terrace
  • Directions: Hwy 17 South To Ravenel. Take Left On Glayton Drive. Right On Octavia Avenue. Home Will Be On The Left At Corner Of Octavia And Lola Drive.
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: Ground Level
  • Fireplace: No
  • Flooring: Luxury Vinyl Plank
  • Interior Amenities: Ceiling - Smooth, Ceiling Fan(s), Eat-in Kitchen, Family
  • Master Bedroom Features: Ceiling Fan(s)
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Architectural
  • Lot Features: 0 - .5 Acre, High
  • Construction Type: Brick Veneer, Cement Plank
  • Foundation Details: Slab
  • Other Structures: No
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No

Utilities

  • Cooling: Central Air
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Charleston Water Service
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: RV/Boat Storage

Schools

  • Elementary School: E.B. Ellington
  • High School: Baptist Hill
  • Middle Or Junior School: Baptist Hill

Lot Info

  • Lot Size Sq Ft: 15681.599999
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 2291300104
  • Tax Annual Amount: 1483

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2025
Closed on
Mar 19, 2025
Sold by
Opendoor Property J Llc
Bought by
Ezell Elizabeth D
Seller's Agent
Thomas Shoupe
Opendoor Brokerage, LLC
Buyer's Agent
Joel Cardwell
Charleston Expert Home Sellers, LLC
List Price
$340,000
Sold Price
$330,000
Premium/Discount to List
-$10,000
-2.94%
Views
30
Current Estimated Value
$331,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,950
Avg. Annual Appreciation
1.80%
Original Mortgage
$230,000
Outstanding Balance
$230,000
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$101,950

Purchase Details

Listed on
Feb 11, 2025
Closed on
Jan 31, 2025
Sold by
Chesser Lacy and Chesser Weylin
Bought by
Opendoor Property J Llc
Seller's Agent
Thomas Shoupe
Opendoor Brokerage, LLC
Buyer's Agent
Joel Cardwell
Charleston Expert Home Sellers, LLC
List Price
$340,000
Sold Price
$330,000
Premium/Discount to List
-$10,000
-2.94%
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Outstanding Balance
$230,000
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$101,950

Purchase Details

Listed on
Feb 9, 2022
Closed on
Mar 7, 2022
Sold by
Dam Of Charleston Inc
Bought by
Chesser Lacy and Chesser Weylin
Seller's Agent
David Wertan
EXP Realty LLC
Buyer's Agent
Rachel Davis
Southern Real Estate, LLC
List Price
$280,000
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.36%
Original Mortgage
$286,440
Interest Rate
3.76%
Mortgage Type
VA

Purchase Details

Closed on
Dec 7, 2021
Sold by
Turner Jimmie D
Bought by
Dam Of Charleston Inc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $330,000 None Listed On Document
Warranty Deed $330,000 None Listed On Document
Warranty Deed $291,200 None Listed On Document
Deed $280,000 None Listed On Document
Deed $125,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $230,000 New Conventional
Closed $230,000 New Conventional
Previous Owner $286,440 VA
Previous Owner $86,000 New Conventional
Previous Owner $82,608 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2025 03/20/25 Sold $330,000 -0.9% $325 / Sq Ft
02/22/2025 02/22/25 Pending -- -- --
02/20/2025 02/20/25 Price Changed $333,000 -2.1% $328 / Sq Ft
02/11/2025 02/11/25 For Sale $340,000 +16.8% $335 / Sq Ft
02/04/2025 02/04/25 Sold $291,200 -7.6% $253 / Sq Ft
01/06/2025 01/06/25 Pending -- -- --
12/16/2024 12/16/24 Price Changed $315,000 -6.0% $274 / Sq Ft
11/15/2024 11/15/24 For Sale $335,000 +19.6% $291 / Sq Ft
03/10/2022 03/10/22 Sold $280,000 0.0% $243 / Sq Ft
02/09/2022 02/09/22 For Sale $280,000 -- $243 / Sq Ft
Source: CHS Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $1,503 $11,200 $0 $0
2022 $1,422 $11,200 $0 $0
2021 $584 $3,920 $0 $0
2020 $595 $3,920 $0 $0
2019 $543 $3,410 $0 $0
2017 $543 $3,410 $0 $0
2016 $510 $3,410 $0 $0
2015 $526 $3,410 $0 $0
2014 $508 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 24028801

CHS Regional MLS

APN: 229-13-00-104