NOT LISTED FOR SALE

15 Kracke St Charleston, SC 29403

Cannonborough-Elliotborough Neighborhood

Estimated Value: $693,000

6 Beds
2 Baths
2,054 Sq Ft
$337/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $550,000 $268 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,469/month

22 Days on Market

About This Home

As of March 2021

Conveniently located just off Spring St., 15A Kracke features two-units with proven rental history - a great investment opportunity with tenants and management company already in place. This duplex has multiple off street parking spots, 6-total bedrooms and is 2,054 sq ft. The two units gross over $30K/ year with potential to increase as tenants have been in place for an extended period of time and market rates are higher in this area. A quiet street off a growing and highly sought after part of the peninsula, you can easily hop on HWY 17 - James/ Johns Island or Mt. P without hitting congested areas of downtown. No HOA, hardwood flooring throughout.

Last Agent to Sell the Property

William Irvin

Southeastern Property Group License #44171 Listed on: 01/20/2021

Last Buyer's Agent

Joel Mathis

Carolina One Real Estate License #106048

Carolina One Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,857

Year Built

  • Built in 1880

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 6 Bedrooms
  • 2,054 Sq Ft Home
  • 2-Story Property

Schools

  • Memminger Elementary School
  • Courtenay Middle School
  • Burke High School

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Tenant pays for all utilities

Community Details

Overview

  • 2 Units
  • Elliottborough Subdivision

Building Details

  • Gross Income $30,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,857

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1880
  • Lot Size Acres: 0.08
  • Subdivision Name: Elliottborough
  • Directions: Take Spring Street West Past Ashley Ave., Kracke St Is On Right. 15a Is On The Left Side.
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex, Single Family Detached
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bedrooms: 6
  • Entry Location: Ground Level

Exterior Features

  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car
  • Total Parking Spaces: 2

Utilities

  • Cooling Y N: No
  • Heating Yn: No
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Memminger
  • High School: Burke
  • Middle Or Junior School: Courtenay

Lot Info

  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Map Number: 4601102069

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 30480

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2021
Sold by
Wales Chad M
Bought by
Pritchard Law Group Llc
Current Estimated Value
$693,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Outstanding Balance
$475,815
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jan 20, 2021
Closed on
Mar 16, 2021
Sold by
21 Enterprises Llc
Bought by
Wales Chad M
Seller's Agent
William Irvin
Southeastern Property Group
Buyer's Agent
Joel Mathis
Carolina One Real Estate
List Price
$595,000
Sold Price
$550,000
Premium/Discount to List
-$45,000
-7.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2006
Sold by
Ackerman Steve M
Bought by
21 Enterprises Llc

Purchase Details

Closed on
Sep 12, 2005
Sold by
Sloggatt James P and Sloggatt Karen E
Bought by
Ackerman Steve M

Purchase Details

Closed on
Feb 21, 2003
Sold by
Gateway Park Properties Llc
Bought by
Sloggatt James P and Sloggatt Karen E
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
Pritchard Law Group Llc -- None Listed On Document
Wales Chad M $550,000 None Available
21 Enterprises Llc -- None Available
Ackerman Steve M $415,000 --
Sloggatt James P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pritchard Law Group Llc $1,300,000
Previous Owner Wales Chad M $412,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $550,000 -7.6% $268 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $595,000 -- $290 / 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
2020 $4,857 $18,090 $0 $0
2019 $4,415 $15,740 $0 $0
2017 $4,221 $15,740 $0 $0
2016 $4,086 $15,740 $0 $0
2015 $3,904 $15,740 $0 $0
2014 $3,365 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • William Irvin

    Seller's Agent in 2021

    William Irvin

    Southeastern Property Group

    (843) 819-6916

    1 in this area

    33 Total Sales

    Section Image
  • Joel Mathis

    Buyer's Agent in 2021

    Joel Mathis

    Carolina One Real Estate

    (803) 640-7891

    3 in this area

    101 Total Sales

    Section Image

  • L

    Buyer Co-Listing Agent in 2021

    Lexi DiFrancesco

    Carolina One Real Estate

    (484) 885-3217

    2 in this area

    57 Total Sales

    Section Image
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Map

Source: CHS Regional MLS

MLS Number: 21001564

CHS Regional MLS

APN: 460-11-02-069

South Carolina Charleston County Charleston 29403 Cannonborough-Elliotborough

15 Kracke St, Charleston, SC

This home is located at 15 Kracke St, Charleston, SC 29403 since 20 January 2021 and is currently priced at $693,000, approximately $337 per square foot. This property was built in 1880. 15 Kracke St is a home located in Charleston County with nearby schools including Mitchell Elementary School, James Simons Elementary School, and Simmons Pinckney Middle.

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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