NOT LISTED FOR SALE

1631 Memminger Ave Charleston, SC 29407

Estimated Value: $394,000 - $515,000

3 Beds
4 Baths
1,824 Sq Ft
$258/Sq Ft Est. Value

Last Sold November 28, 2017

Last sale price $160,960 $88 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $2,906/month

8 Days on Market

Highlights

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

About This Home

As of November 2017

Units A & B are tenant-occupied. Unit A lease is $625mo through April 30, 2018. Unit B's rent is $800mo and the lease is through May 31, 2018. Front porch over both units and back yards are fenced. $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

Est. Annual Taxes

  • $3,975

Year Built

  • Built in 1959

Lot Details

  • 10,454

Parking

  • 2 Car Garage
  • Open Parking

Home Design

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

Interior Spaces

  • 3 Bedrooms
  • 1,824 Sq Ft Home
  • 1-Story Property

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System

Additional Features

  • 10,454 Sq Ft Lot
  • Property is near a bus stop

Listing and Financial Details

  • Tenant pays for all utilities

Community Details

Overview

  • 2 Units
  • Memminger Hall Subdivision

Building Details

  • Gross Income $17,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,975

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1959
  • Lot Size Acres: 0.24
  • 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: 3
  • 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: Yes
  • 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: 10454.4
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Map Number: 3511100109

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 17100

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
$160,960
Current Estimated Value
$470,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,265
Avg. Annual Appreciation
14.90%
Original Mortgage
$800,000
Interest Rate
3.88%
Mortgage Type
Credit Line Revolving

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:

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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 $1,200,000
Closed 2Nd Avenue Management Llc $100,000
Closed 2Nd Avenue Management Llc $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2017 11/28/17 Sold $160,960 -- $88 / 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 $3,975 $12,010 $0 $0
2023 $3,975 $12,010 $0 $0
2022 $3,685 $12,010 $0 $0
2021 $3,653 $12,010 $0 $0
2020 $3,602 $12,010 $0 $0
2019 $2,998 $9,660 $0 $0
2017 $2,484 $8,350 $0 $0
2016 $2,405 $8,350 $0 $0
2015 $2,354 $8,350 $0 $0
2014 $1,967 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Daryl Shorter

    Doug Shorter Real Estate and Property Management, Inc

    (843) 834-0106

    46 Total Sales

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Map

Source: CHS Regional MLS

MLS Number: 17025561

CHS Regional MLS

APN: 351-11-00-109

South Carolina Charleston County Charleston 29407

1631 Memminger Ave, Charleston, SC

This home is located at 1631 Memminger Ave, Charleston, SC 29407 since 18 September 2017 and is currently estimated at $470,225, approximately $257 per square foot. This property was built in 1959. 1631 Memminger Ave is a home located in Charleston County with nearby schools including Stono Park Elementary School, West Ashley High School, and Orange Grove Elementary Charter School.

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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