NOT LISTED FOR SALE

Estimated Value: $237,333

12 Beds
2 Baths
4,588 Sq Ft
9,148 Sq Ft Lot

Sale Details

Date Sold: April 12, 2024

Last sale price $710,000 $155 Per Sq Ft

Current estimated payment $1,532 / mo

16 Days on Market

About This Home

As of April 2024

INVESTOR ALERT! (See MLS# 24002512 for Additional Quadruplex offering next door -- can be sold together). Excellent chance for an investor seeking a recently renovated quadruplex (4 Units) situated in close proximity to the Naval Base and rapidly developing Red Bank corridor in Goose Creek, SC! The offering comprises one building with a total of four (4) SEPARATELY DEEDED, well-maintained units, all currently tenant occupied. New ownership has the flexibility to sell units individually or mark rents to market upon expiration. The subject property features two-story townhome-style units, providing a unique living experience. Rental rates are currently below market, giving new ownership the opportunity to increase rents without much heavy lifting.Updated units in the area are commanding rents in the range of ~$1475 to $1800+ per month for 2/3 bedrooms. The properties have recently undergone significant upgrades, including new HVAC's (2022), new roofs (2023), updated bathrooms, and new LVP flooring in almost all units. The heavy lifting has been completed, presenting a turnkey investment opportunity. Again, all units are SEPARATELY DEEDED, offering the flexibility to sell units individually, either immediately or in the future. Further, tenants have separate utilities; they are responsible for their electricity and water, enhancing the property's profitability. Don't miss out on this distinctive opportunity in the rapidly developing Red Bank area of Goose Creek!

Last Agent to Sell the Property

Greg Boger

Avenue Realty Company License #111092 Listed on: 01/31/2024

Last Buyer's Agent

Julia Donovan, CIPS

Coldwell Banker Comm/Atlantic Int'l License #107156

Coldwell Banker Comm/Atlantic Int'l
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 2004

Lot Details

  • 9,148

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Architectural Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 12 Bedrooms
  • 4,588 Sq Ft Home
  • 2-Story Property

Schools

  • Goose Creek Primary Elementary School
  • Sedgefield Intermediate
  • Goose Creek High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 4 Units
  • Pineland Heights Subdivision

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Condominium

Year Built

Built in 2004

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2004
  • Lot Size Acres: 0.21
  • Subdivision Name: Pineland Heights
  • Directions: Redbank Rd, Turn On Bayshore Blvd, Left On Pineshadow Drive.
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Condominium, Quadruplex
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Total Bedrooms: 12

Exterior Features

  • Roof: Architectural, Asphalt
  • Construction Type: Vinyl Siding
  • 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, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: BCW & SA, Berkeley Elect Co-Op, Charleston Water Service
  • Water Source: Public

Schools

  • Elementary School: Goose Creek Primary
  • High School: Goose Creek
  • Middle Or Junior School: Sedgefield Intermediate

Lot Info

  • Lot Size Sq Ft: 9147.6
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
Mar 29, 2024
Sold by
Bought by
Seller's Agent
Greg Boger
Avenue Realty Company
Buyer's Agent
Julia Donovan, CIPS
Coldwell Banker Comm/Atlantic Int'l
List Price
$787,500
Sold Price
$710,000
Premium/Discount to List
-$77,500
-9.84%
Views
15
Current Estimated Value
$237,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$472,667
Avg. Annual Appreciation
-37.14%
Original Mortgage
$124,250
Outstanding Balance
$123,005
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$114,328

Purchase Details

Closed on
Jan 24, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,371
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 19, 2004
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$156,250 Cooperative Title
$1,050,000 None Listed On Document
$1,050,000 None Listed On Document
$1,000,000 None Listed On Document
-- Fleming Title Company Llc
$330,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $124,250
Previous Owner $500,000
Previous Owner $139,371
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/12/2024 04/12/24 Sold $710,000 -9.8% $155 / Sq Ft
01/31/2024 01/31/24 For Sale $787,500 -- $172 / Sq Ft
Source: CHS Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,761 $173,400 $40,000 $133,400
2025 $2,761 $10,404 $2,400 $8,004
2024 $1,266 $10,404 $2,400 $8,004
2023 $1,266 $4,428 $952 $3,476
2022 $1,218 $3,851 $339 $3,512
2021 $1,226 $3,850 $339 $3,512
2020 $1,231 $3,851 $339 $3,512
2019 $1,228 $3,851 $339 $3,512
2018 $1,146 $3,348 $360 $2,988
2017 $1,146 $3,348 $360 $2,988
2016 $1,155 $3,350 $360 $2,990
2015 $1,108 $3,350 $360 $2,990
2014 $1,043 $3,350 $360 $2,990
2013 -- $3,350 $360 $2,990
Source: Public Records

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Map

Source: CHS Regional MLS

MLS Number: 24002511

CHS Regional MLS

APN: 252-06-01-043

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