$2,062,500
SOLD FEB 16, 2021
-- Bed
-- Bath
7,024 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$294 Per Sq Ft

25% Below List Price

6 Days on Market

About This Home

As of August 2023

Located on high ground in the heart of the historical district, 15 Broad is a distinguished, 5 floor, grand building, w/ roughly 7000+ sq. ft & infinite potential. The currently vacant property has many possible configurations-- principal residence (currently), ground floor commercial retail/bar/restaurant & up to 3 Multi-level penthouses/offices w/ views of Fort Sumter & the Ravenel Bridge. Existing rooftop terrace may have expansion possibilities. The building's entire structural components were overhauled in a 2016 renovation. Extensive foundation reinforcement was added along w/ upgrades at the footings/piers. All flooring was also reengineered/reconstructed & rough framing of all walls/stairs completed... (SEE MORE)

Last Agent to Sell the Property

Bunker Burr

Carolina One Real Estate License #105821 Listed on: 12/22/2020

Carolina One Real Estate

Last Buyer's Agent

Ashley Severance

Atlantic Properties Of The LowCountry License #56673

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $41,878

Year Built

  • Built in 1815

Lot Details

  • 1,742 Sq Ft Lot

Home Design

  • 7,024 Sq Ft Home
  • Brick Foundation

Schools

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

Utilities

  • No Cooling
  • No Heating

Community Details

  • South Of Broad Subdivision
  • 5-Story Property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$41,878

Year Built

Built in 1815

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1815
  • Lot Size Acres: 0.04
  • Subdivision Name: South of Broad
  • Directions: From Southbound East Bay St, Take A Right On Broad. 15 Broad Is On The Left Next To Oak Steakhouse. Yellow Building.
  • New Construction: No
  • Building Stories: 5
  • Structure Type: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 5

Interior Features

  • Entry Location: Ground Level

Exterior Features

  • Roof: See Remarks
  • Construction Type: Brick
  • Foundation Details: See Remarks
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No

Utilities

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

Schools

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

Lot Info

  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4580903132

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2022
Closed on
Oct 23, 2023
Sold by
Chalsty Deborah
Bought by
15 Broad Street Llc
Seller's Agent
Charles Constant
Constant Properties
Buyer's Agent
Lyles Geer
William Means Real Estate, LLC
List Price
$3,200,000
Sold Price
$2,400,000
Premium/Discount to List
-$800,000
-25%
Views
144

Purchase Details

Listed on
Oct 31, 2022
Closed on
Aug 25, 2023
Sold by
De Broad Llc
Bought by
Chalsty Deborah
Seller's Agent
Charles Constant
Constant Properties
Buyer's Agent
Lyles Geer
William Means Real Estate, LLC
List Price
$3,200,000
Sold Price
$2,400,000
Premium/Discount to List
-$800,000
-25%
Views
144

Purchase Details

Listed on
Dec 22, 2020
Closed on
Feb 16, 2021
Sold by
Leap Llc
Bought by
De Broad Street Llc
Seller's Agent
Bunker Burr
Carolina One Real Estate
Buyer's Agent
Ashley Severance
Atlantic Properties Of The LowCountry
List Price
$2,750,000
Sold Price
$2,062,500
Premium/Discount to List
-$687,500
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Original Mortgage
$2,689,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 23, 2015
Sold by
17 Broad Llc
Bought by
Leap Llc

Purchase Details

Closed on
May 16, 2007
Sold by
The Olde Maxie Building Llc
Bought by
17 Broad Llc
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 Type Sale Price Title Company
Deed -- None Listed On Document
Deed $4,000,000 None Listed On Document
Limited Warranty Deed $2,062,500 None Available
Deed $2,370,000 --
Limited Warranty Deed $2,100,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,689,000 Commercial
Previous Owner $3,212,800 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $2,400,000 -19.9% $342 / Sq Ft
02/22/2023 02/22/23 Price Changed $2,995,000 -6.4% $426 / Sq Ft
10/31/2022 10/31/22 For Sale $3,200,000 +55.2% $456 / Sq Ft
02/16/2021 02/16/21 Sold $2,062,500 0.0% $294 / Sq Ft
02/16/2021 02/16/21 Sold $2,062,500 -25.0% $294 / Sq Ft
12/29/2020 12/29/20 Pending -- -- --
12/29/2020 12/29/20 Pending -- -- --
12/22/2020 12/22/20 For Sale $2,750,000 0.0% $392 / Sq Ft
09/24/2020 09/24/20 For Sale $2,750,000 -- $392 / 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 $41,878 $144,000 $0 $0
2023 $41,878 $123,720 $0 $0
2022 $688 $123,720 $0 $0
2021 $43,331 $163,530 $0 $0
2020 $43,015 $163,530 $0 $0
2019 $39,310 $142,200 $0 $0
2017 $36,868 $142,200 $0 $0
2016 $36,338 $142,200 $0 $0
2015 $30,764 $125,790 $0 $0
2014 $26,473 $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: 20033565

CHS Regional MLS

APN: 458-09-03-132