NOT LISTED FOR SALE

117 Drake St Unit A & B & C Charleston, SC 29403

East Side Neighborhood

Estimated Value: $1,013,000 - $1,463,831

4 Beds
3 Baths
1,961 Sq Ft
$652/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $775,000 $395 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $7,822/month

12 Days on Market

Highlights

  • Central Air
  • No Heating
  • 1-minute walk to St Julian Devine Community Center
  • Wood Siding

About This Home

As of June 2022

DOWNTOWN TRIPLEX, 1 BLOCK FROM EAST BAY BEHIND THE CIGAR FACTORY.This is an excellent opportunity to own an income-producing triplex in one of the hottest parts of the peninsula. Unit A features 2bd/1ba, but the current tenant is using the front bedroom as living room space. Unit b had a full interior renovation in 2019 and features 2b/2ba with vaulted ceilings, exposed heart pine beams, hardwood floors, gas range, central HVAC, W/D, custom tile, and marble counters. Unit C is a private, 1bd/1ba located in the back of the house. It has a private, fenced in yard and hardwood floors.

Last Agent to Sell the Property

Reid Walker

The Exchange Company, LLC License #86737 Listed on: 06/01/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,502

Year Built

  • Built in 1890

Lot Details

  • 3,049 Sq Ft Lot

Home Design

  • Triplex
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 4 Bedrooms
  • 1,961 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

  • Sanders Clyde Elementary School
  • Simmons Pinckney Middle School
  • Burke High School

Utilities

  • Central Air
  • No Heating

Community Details

  • 3 Units
  • Eastside Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,502

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1890
  • Lot Size Acres: 0.07
  • Subdivision Name: Eastside
  • Directions: East Bay St To Columbus Street. Right On Drake. Cross Over Blake And Property Is On The Left.
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space

Utilities

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

Schools

  • Elementary School: Sanders Clyde
  • High School: Burke
  • Middle Or Junior School: Simmons Pinckney

Lot Info

  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jun 15, 2022
Sold by
Vrhk Llc
Bought by
Garner Property & Development Llc
Seller's Agent
Reid Walker
The Exchange Company, LLC
List Price
$749,000
Sold Price
$775,000
Premium/Discount to List
$26,000
3.47%
Current Estimated Value
$1,279,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$504,458
Avg. Annual Appreciation
16.19%

Purchase Details

Listed on
Apr 16, 2019
Closed on
Jul 25, 2019
Sold by
Gardner Glen R and Gardner Brett M
Bought by
Vrhk Llc
Seller's Agent
Justin Thomas
Carriage Properties LLC
Sold Price
$465,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.12%

Purchase Details

Closed on
Jun 22, 2006
Sold by
Pitts Robert M
Bought by
Gardner Glen R and Gardner Brett M

Purchase Details

Closed on
Jun 9, 2005
Sold by
Pitts Robert M
Bought by
Pitts Robert M
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Garner Property & Development Llc $775,000 None Listed On Document
Vrhk Llc $465,000 None Available
Gardner Glen R $178,500 None Available
Pitts Robert M -- --
Pitts Robert M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2022 06/27/22 Sold $775,000 0.0% $395 / Sq Ft
06/15/2022 06/15/22 Off Market $775,000 -- --
06/01/2022 06/01/22 For Sale $749,000 +61.1% $382 / Sq Ft
07/26/2019 07/26/19 Sold $465,000 -- $237 / Sq Ft View Prior Sale
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 $13,502 $46,500 $0 $0
2023 $13,502 $46,500 $0 $0
2022 $7,015 $25,770 $0 $0
2021 $6,930 $25,770 $0 $0
2020 $6,880 $25,770 $0 $0
2019 $5,210 $18,410 $0 $0
2017 $4,983 $18,410 $0 $0
2016 $4,825 $18,410 $0 $0
2015 $4,612 $18,410 $0 $0
2014 $4,041 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Reid Walker

    The Exchange Company, LLC

    (843) 725-8613

    12 in this area

    33 Total Sales

    Reid Walker
    Section Image

  • J

    Seller's Agent in 2019

    Justin Thomas

    Carriage Properties LLC

    Section Image
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Map

Source: CHS Regional MLS

MLS Number: 22014299

CHS Regional MLS

APN: 459-06-01-035

South Carolina Charleston County Charleston 29403 East Side

117 Drake St Unit A & B & C, Charleston, SC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

CHS Regional MLS The information is being provided by Charleston Trident MLS. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2025 Charleston Trident MLS. All Rights Reserved

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