$1,260,000
SOLD MAY 3, 2022

11 Hanover St Unit A & B Charleston, SC 29403

East Side Neighborhood
7 Beds
-- Bath
3,454 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$365 Per Sq Ft

3% Below List Price

5 Days on Market

Highlights

  • New Construction
  • Ceiling Fan
  • 3-minute walk to Mary Watson Park
  • Central Air
  • Heat Pump System

About This Home

As of May 2022

Great opportunity to live in one and rent the second building * New Construction! This newly built Charleston Single with detached Carriage house is located in the Eastside neighborhood and has easy access to all parts of the Peninsula. If you're looking for a property downtown that has the Historic Charm of Charleston without the problems of a historic home this is your next property. The property has 2 buildings on it with a total of 7 suited bedrooms. Unit A has 4Bd./4ba. and Unit B has 3Bd./3Ba. Both Units are new construction and feature quality cabinets

Last Agent to Sell the Property

Francis Brabham

Harbourtowne Real Estate License #3819 Listed on: 04/08/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,214

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Raised Foundation
  • Architectural Shingle Roof
  • Asphalt Roof
  • Metal Roof

Interior Spaces

  • 7 Bedrooms
  • 3,454 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Schools

  • James Simons Elementary School
  • Simmons Pinckney Middle School
  • Burke High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • 2 Units
  • Built by Delpino Custom Homes
  • Eastside Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,214

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2021
  • Lot Size Acres: 0.1
  • Inclusions: No Furniture
  • Subdivision Name: Eastside
  • Directions: From17 North Or South, Exit Onto East Bay St, Toward Charleston, From East Bay St Turn Right On Reid St Then Right On Hanover St. The Home Is On Your Left.
  • Garage Yn: No
  • New Construction: Yes
  • Building Stories: 3
  • Structure Type: Single Family Detached
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
  • Total Bedrooms: 7
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Roof: Architectural, Asphalt, Metal
  • Home Warranty: Yes
  • Builder Name: Delpino Custom Homes
  • Construction Type: See Remarks
  • Foundation Details: Raised Slab
  • Property Condition: New Construction

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Other

Utilities

  • Cooling: Central Air
  • Laundry Features: Washer Hookup
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, Dominion Energy
  • Water Source: Public

Schools

  • Elementary School: James Simons
  • High School: Burke
  • Middle Or Junior School: Simmons Pinckney

Lot Info

  • Lot Size Sq Ft: 4356
  • Zoning Description: Conforming

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Map Number: 4590902019

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
Apr 28, 2022
Sold by
Bali Hai Development Llc
Bought by
Hexter Tricia and Hexter Jack
Seller's Agent
Francis Brabham
Harbourtowne Real Estate
List Price
$1,299,900
Sold Price
$1,260,000
Premium/Discount to List
-$39,900
-3.07%
Current Estimated Value
$1,542,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,645
Avg. Annual Appreciation
8.24%
Original Mortgage
$945,000
Outstanding Balance
$907,501
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$723,509

Purchase Details

Closed on
Jun 26, 2020
Sold by
Hoefer Christopher C and Hoefer Sarah L
Bought by
Bali Hai Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,858
Interest Rate
3.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 12, 2016
Sold by
11 Hanover Street Llc
Bought by
Hoefer Sarah L and Hoefer Christopher C

Purchase Details

Closed on
Mar 31, 2016
Sold by
Hoefer Sarah L and Hoefer Christopher C
Bought by
11 Hanover Street Llc

Purchase Details

Closed on
Apr 4, 2014
Sold by
Gordon Moorer Georgia Mae and Gordon Georgia Mae
Bought by
Hoefer Sarah L and Hoefer Christopher C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,400
Interest Rate
4.36%
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 $1,260,000 None Listed On Document
Deed $301,990 None Available
Quit Claim Deed -- --
Deed -- --
Deed $143,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $945,000 New Conventional
Previous Owner $1,388,000 Construction
Previous Owner $146,858 Unknown
Previous Owner $114,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2022 05/03/22 Sold $1,260,000 -3.1% $365 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $1,299,900 -- $376 / 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
2024 $12,214 $59,980 $0 $0
2023 $12,214 $59,980 $0 $0
2022 $19,153 $72,000 $0 $0
2021 $4,824 $18,120 $0 $0
2020 $2,654 $9,870 $0 $0
2019 $2,429 $8,580 $0 $0
2017 $2,324 $8,580 $0 $0
2016 $2,250 $8,580 $0 $0
2015 $2,150 $8,580 $0 $0
2014 $665 $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: 22008722

CHS Regional MLS

APN: 459-09-02-019