NOT LISTED FOR SALE

Estimated Value: $396,796 - $545,000

6 Beds
4 Baths
1,824 Sq Ft
$259/Sq Ft Est. Value

Sale Details

Date Sold: November 28, 2017

Last sale price $158,760 $87 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $2,865 / mo

8 Days on Market

Highlights

  • Property is near bus stop
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of November 2017

New roof! Front porch over each unit. Unit A has new carpet and kitchen vinyl and is tenant-occupied. Lease is $895mo through July 31, 2018. Unit B is vacant and in need of considerable work. Vinyl floor, refrigerator and electric range are included, but cannot guarantee they work. Fenced back yards. $1,100+ potential rent per unit in tip-top shape! Duplex is being sold as-is. Power and water are on at both units. Owner is selling five (5) duplexes total (1615, 1619, 1623, 1627 and 1631 Memminger) and would like to sell all together but will consider selling individual units.

Last Agent to Sell the Property

Daryl Shorter

Doug Shorter Real Estate and Property Management, Inc License #26338 Listed on: 09/18/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 9,583

Parking

  • 2 Car Garage
  • Open Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 6 Bedrooms
  • 1,824 Sq Ft Home
  • 1-Story Property
  • Dryer Hookup

Schools

  • Orange Grove Elementary School
  • West Ashley Middle School
  • West Ashley High School

Utilities

  • No Cooling
  • Forced Air Heating System

Additional Features

  • 9,583 Sq Ft Lot
  • Property is near bus stop

Listing and Financial Details

  • Tenant pays for all utilities

Community Details

Overview

  • 2 Units
  • Memminger Hall Subdivision

Building Details

  • Gross Income $10,740

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

9,583 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1959
  • Lot Size Acres: 0.22
  • Subdivision Name: Memminger Hall
  • Directions: Sam Rittenberg Blvd To Memminger Ave, Which Fronts Sam Rittenberg.
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Refrigerator
  • Total Bedrooms: 6
  • Entry Location: Ground Level

Exterior Features

  • Roof: Asphalt
  • Construction Type: Brick Veneer
  • Foundation Details: Slab
  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Car
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Dryer Connection
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, SCE & G
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Bus Line

Schools

  • Elementary School: Orange Grove
  • High School: West Ashley
  • Middle Or Junior School: West Ashley

Lot Info

  • Lot Size Sq Ft: 9583.2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 10740

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2017
Closed on
Nov 28, 2017
Sold by
H E Ashby Llc
Bought by
2Nd Avenue Management Llc
Seller's Agent
Daryl Shorter
Doug Shorter Real Estate and Property Management, Inc
Sold Price
$158,760
Current Estimated Value
$472,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,189
Avg. Annual Appreciation
13.95%
Original Mortgage
$800,000
Outstanding Balance
$672,482
Interest Rate
3.88%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$199,533

Purchase Details

Closed on
Oct 3, 2014
Sold by
Ashby Mark A and Ashby Stewart
Bought by
H E Ahsby Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2Nd Avenue Management Llc $775,000 None Available
H E Ahsby Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2Nd Avenue Management Llc $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2017 11/28/17 Sold $158,760 -- $87 / Sq Ft
Source: CHS Regional MLS

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 $4,080 $10,980 $0 $0
2023 $3,658 $10,980 $0 $0
2022 $3,387 $10,980 $0 $0
2021 $3,358 $10,980 $0 $0
2020 $3,312 $10,980 $0 $0
2019 $2,963 $9,540 $0 $0
2017 $2,476 $8,320 $0 $0
2016 $2,397 $8,320 $0 $0
2015 $2,346 $8,320 $0 $0
2014 $1,959 $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: 17025559

CHS Regional MLS

APN: 351-11-00-113

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