$1,150,000
SOLD JUN 15, 2023
2 Beds
1.5 Baths
1,193 Sq Ft
1,176 Sq Ft Lot

Recently Sold

$964 Per Sq Ft

18% Below List Price

93 Days on Market

Highlights

  • Fitness Center
  • Marble Flooring
  • Balcony
  • Gated Community
  • Elevator
  • 3-minute walk to White Point Garden

About This Home

As of June 2023

As featured in The Wall Street Journal!Experience breathtaking water and city views from every room of this sleek and chic condo in one of historic Charleston's most iconic buildings, Fort Sumter House. Located in the prestigious and famed South of Broad neighborhood, directly on the Charleston Battery, 1 King is amongst the most sought-after addresses in downtown Charleston. This fifth floor, corner unit pied-a-terre offers unparalleled views spanning across Charleston's skyline. Enjoy sweeping panoramas of the grand mansions along the Battery, past city rooftops and church steeples, over the treetop canopy of White Point Garden, through Charleston Harbor, across the Ashley River, all the way back to the Ravenel Bridge.Condo 508 is one of the larger original single floor plans, wi2 bedrooms, a corner living room, and an eat-in kitchen. The current owner has upgraded the home with Circa lighting fixtures, Bird hardware, and custom closets, plus imported Italian carpets in both bedrooms. The kitchen and living room have marble tile floors, while the foyer stuns with a textured wallcovering reminiscent of the old city's cobblestone streets. The living room includes a walk-out Juliet balcony overlooking the Ashley River. Two gated, off-street parking spaces are included.

Fort Sumter House has recently undergone an extensive and transformative $4.5 million renovation, solidifying itself as a premier location to call home in Charleston. Step into a more gracious era in the grand lobby. Hallways feature handsome black and white images of the Holy City's most charming architecture. Amenities include a private, palmetto tree-lined pool along the Battery, passenger and freight elevators, on-site security, laundry facilities, and an exercise room. Everything you need and desire is waiting for you in this move-in ready luxury condo at 1 King Street, Charleston, SC.


Tenants rights. Rented from April 29th to June 4th for $8700.

Last Agent to Sell the Property

Doug Berlinsky

Disher Hamrick & Myers Res Inc License #2996 Listed on: 01/13/2023

Last Buyer's Agent

Lee Williams

Oyster Point Real Estate Group, LLC License #86913

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,299

Year Built

  • Built in 1924

Parking

  • Off-Street Parking

Home Design

  • Stucco

Interior Spaces

  • 1,193 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Entrance Foyer
  • Marble Flooring

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dual Closets

Outdoor Features

Schools

  • Memminger Elementary School
  • Simmons Pinckney Middle School
  • Burke High School

Utilities

  • No Cooling
  • No Heating

Community Details

Amenities

  • Laundry Facilities
  • Elevator

Recreation

Additional Features

  • Fort Sumter House Subdivision
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,299

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1924
  • Property Sub Type: Single Family Attached
  • Ownership: Condominium
  • Subdivision Name: Fort Sumter House
  • Directions: On The Battery At Corner Of King Street And Murray Boulevard Across From White Point Gardens.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Condo Regime
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Marble
  • Interior Amenities: Ceiling - Smooth, Eat-in Kitchen, Entrance Foyer
  • Master Bedroom Features: Multiple Closets

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Balcony
  • Other Structures: None
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Cooling Y N: No
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, Dominion Energy
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevators, Fitness Center, Gated, Laundry, Trash

Schools

  • Elementary School: Memminger
  • High School: Burke
  • Middle Or Junior School: Simmons Pinckney

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4571603099
  • Tax Annual Amount: 12298.88

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Jun 13, 2023
Sold by
Nass Joshua A
Bought by
Michael R Mcnall Revocable Trust and Christine S Mcnall Revocable Trust
Seller's Agent
Doug Berlinsky
Disher Hamrick & Myers Res Inc
Buyer's Agent
Lee Williams
Oyster Point Real Estate Group, LLC
List Price
$1,395,000
Sold Price
$1,150,000
Premium/Discount to List
-$245,000
-17.56%
Views
19
Current Estimated Value
$1,179,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,271
Avg. Annual Appreciation
2.89%

Purchase Details

Listed on
Jan 20, 2021
Closed on
Apr 28, 2021
Sold by
Snyder Gary and Estate Of Sara F Snyder
Bought by
Nass Joshua A
Seller's Agent
Raina Rubin
Carolina One Real Estate
Buyer's Agent
Doug Berlinsky
Disher Hamrick & Myers Res Inc
List Price
$850,000
Sold Price
$770,000
Premium/Discount to List
-$80,000
-9.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.83%
Original Mortgage
$539,000
Interest Rate
3.1%
Mortgage Type
New Conventional
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
Deed $1,150,000 None Listed On Document
Deed $770,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $539,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $1,150,000 -8.0% $964 / Sq Ft
03/23/2023 03/23/23 Price Changed $1,250,000 -10.4% $1,048 / Sq Ft
01/13/2023 01/13/23 For Sale $1,395,000 +81.2% $1,169 / Sq Ft
05/03/2021 05/03/21 Sold $770,000 -9.4% $645 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $850,000 -- $712 / 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 $19,718 $46,200 $0 $0
2022 $12,299 $46,200 $0 $0
2021 $2,966 $23,280 $0 $0
2020 $3,077 $23,280 $0 $0
2019 $2,733 $20,240 $0 $0
2017 $2,637 $20,240 $0 $0
2016 $2,526 $20,240 $0 $0
2015 $20,240 $20,240 $0 $0
2014 $2,231 $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: 23000891

CHS Regional MLS

APN: 457-16-03-099