NOT LISTED FOR SALE

Estimated Value: $486,000 - $844,460

6 Beds
2 Baths
1,650 Sq Ft
$428/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $585,000 $355 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,234/month

32 Days on Market

Highlights

  • Central Air
  • Ceiling Fan
  • Heating Available
  • Harbor View Elementary School Rated A
  • Stacked Washer and Dryer
  • 1-Story Property

About This Home

As of May 2024

Rare James Island gem only 6 minutes to Downtown Charleston! 1523 Theresa is currently the only multi-family unit available in all of James Island and West Ashley. Situated in a highly desirable location, this duplex is perfect for investors, multi-generational families, or those looking to live in one unit while generating rental income from the other. The units are mirror images of each other with three bedrooms and one bathroom. Unit A has recently undergone renovation with new flooring, paint, light fixtures, bathroom, and electrical. The kitchen is updated with polished granite countertops, stainless appliances, and brand new in-unit washer and dryer. Unit A has a fenced in backyard and an off street parking area. Unit B can be rented out, lived in, or renovated depending on yourneeds. Unit B has laundry hookup available in the storage shed and a separate off-street parking area. The units share a screened in porch and would be easily partitioned for privacy. The property is conveniently located off of Harborview on James Island avoiding most of the James Island traffic. A 6 minute drive to MUSC, 16 minute drive to Folly Beach, and a 26 minute drive to CHS airport make this property unbeatable. Don't miss the opportunity to build equity in this property.

Last Agent to Sell the Property

Gregg Fesler

Carolina One Real Estate License #9842 Listed on: 03/27/2024

Carolina One Real Estate

Co-Listed By

Abbey Newton

Carolina One Real Estate License #115880

Last Buyer's Agent

David Vernon

Flyway Real Estate, LLC License #90415

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,863

Year Built

  • Built in 1960

Lot Details

  • 0.48 Acre Lot

Parking

  • Open Parking

Home Design

  • Duplex
  • Slab Foundation
  • Asphalt Roof
  • Masonry

Interior Spaces

  • 6 Bedrooms
  • 1,650 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Dishwasher
  • Stacked Washer and Dryer

Schools

  • Harbor View Elementary School
  • Camp Road Middle School
  • James Island Charter High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • 2 Units
  • Bel Air Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,863

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1960
  • Lot Size Acres: 0.48
  • Co List Office Mls Id: 1401
  • Co List Office Phone: 843-884-1622
  • Inclusions: No Furniture
  • Subdivision Name: Bel Air
  • Directions: From Harborview, Turn Onto Theresa Drive And Home Will Be On Your Right
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer/Dryer Stacked
  • Total Bedrooms: 6
  • Entry Location: Ground Level
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Roof: Asphalt
  • Construction Type: Block/Masonry
  • Foundation Details: Slab
  • Other Structures: None
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Other (Use Remarks)

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Harbor View
  • High School: James Island Charter
  • Middle Or Junior School: Camp Road

Lot Info

  • Lot Size Sq Ft: 20908.8
  • Zoning Description: Conforming
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4241000029

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
May 10, 2024
Sold by
Michael Ezekiel D
Bought by
Vernon Jessica
Seller's Agent
Gregg Fesler
Carolina One Real Estate
Buyer's Agent
David Vernon
Flyway Real Estate, LLC
List Price
$600,000
Sold Price
$585,000
Premium/Discount to List
-$15,000
-2.5%
Views
134
Current Estimated Value
$706,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,365
Avg. Annual Appreciation
14.53%
Original Mortgage
$300,000
Outstanding Balance
$295,966
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$410,399

Purchase Details

Closed on
May 31, 2022
Sold by
Thomas Daniels
Bought by
Michael Ezekiel D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2005
Sold by
Dattilo Sheila
Bought by
1031 Express Llc
Source: Public Records

Range of Values:

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Average Value
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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
Vernon Jessica $585,000 Southeastern Title
Michael Ezekiel D $515,000 None Listed On Document
Michael Ezekiel D $515,000 None Listed On Document
1031 Express Llc $285,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vernon Jessica $300,000
Previous Owner Michael Ezekiel D $412,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2024 05/24/24 Sold $585,000 -2.5% $355 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $600,000 -- $364 / 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 $5,863 $25,750 $0 $0
2023 $5,863 $20,600 $0 $0
2022 $868 $9,320 $0 $0
2021 $2,570 $9,320 $0 $0
2020 $2,552 $9,320 $0 $0
2019 $2,340 $8,100 $0 $0
2017 $2,240 $8,100 $0 $0
2016 $2,171 $8,100 $0 $0
2015 $2,147 $8,100 $0 $0
2014 $1,863 $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: 24007668

CHS Regional MLS

APN: 424-10-00-029