NOT LISTED FOR SALE

176 Pine Shadow Dr Goose Creek, SC 29445

Estimated Value: $214,000 - $621,670

8 Beds
-- Bath
4,188 Sq Ft
9,148 Sq Ft Lot

Last Sold April 11, 2024

Last sale price $625,000 $149 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $2,284/month

34 Days on Market

About This Home

As of April 2024

INVESTOR ALERT! (See MLS# 24002511 -- 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 occupied by tenants. 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: 02/01/2024

Avenue Realty Company

Last Buyer's Agent

John Cowan

Carolina One Real Estate License #38356

Carolina One Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,266

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

  • 8 Bedrooms
  • 4,188 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

Est. Annual Taxes

$1,266

Year Built

Built in 2004

Lot Details

0

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: 8

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

Tax Info

  • Tax Map Number: 2520708059

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Apr 10, 2024
Sold by
Shadow Creek Properties Llc
Bought by
176 Pine Shadow Llc
Seller's Agent
Greg Boger
Avenue Realty Company
Buyer's Agent
John Cowan
Carolina One Real Estate
List Price
$787,500
Sold Price
$625,000
Premium/Discount to List
-$162,500
-20.63%
Views
19
Current Estimated Value
$410,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$214,332
Avg. Annual Appreciation
-24.28%

Purchase Details

Closed on
Aug 30, 2020
Sold by
Steed Marion and Steed Dorothy
Bought by
Steed Marion and Steed Dorothy

Purchase Details

Closed on
Mar 18, 2004
Sold by
Charleston Dream Builders Inc
Bought by
Steed Marion and Steed Dorothy
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
176 Pine Shadow Llc $625,000 None Listed On Document
Steed Marion -- None Available
Steed Marion $314,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2024 04/11/24 Sold $625,000 -13.2% $149 / Sq Ft
02/27/2024 02/27/24 Price Changed $720,000 -4.0% $172 / Sq Ft
02/20/2024 02/20/24 Price Changed $750,000 -4.8% $179 / Sq Ft
01/31/2024 01/31/24 For Sale $787,500 -- $188 / 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
2025 $1,266 $173,400 $40,000 $133,400
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

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 24002512

CHS Regional MLS

APN: 252-07-08-059