NOT LISTED FOR SALE

Estimated Value: $3,840,000 - $4,476,000

4 Beds
4 Baths
3,098 Sq Ft
$1,350/Sq Ft Est. Value

Last Sold February 27, 2020

Last sale price $2,925,000 $944 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $26,193/month

16 Days on Market

Highlights

  • Home Theater
  • Wood Flooring
  • Great Room
  • River Front
  • High Ceiling
  • 3-minute walk to Washington Square Park

About This Home

As of February 2020

Launch your ideal downtown life from Charleston's most prominent address with this breathtaking lock & leave sixth floor condominium. Enjoy 20th Century style and glamour within the urban heart of historic downtown. A rare find, this 3,098 squarefoot condominium offers nearly 365-degree views of Charleston Harbor, Ashley & Cooper Rivers, and every significant rooftop & steeple the lower peninsula offers. There simply is no other place like it. Recently updated, this property has classic lines, timeless style, high ceilings, and a bright, open floor plan. The master suite occupies thesouthwest corner of the building, with a walk-in closet and sprawling master bath. Guest suites each have large closets and private baths. The property offers gated parking & two deeded storage areas.The elevator opens directly to a lovely and spacious foyer, shared only with one other resident on the sixth floor. Walk in the front door to be struck by a surreal view of Historic Downtown and Charleston Harbor. The wow factor is unmistakable and impossible to convey in picture and video - there is simply nothing like it. As you enter the luxurious unit, you will find an open kitchen and living room design, gas fireplace with marble mantle, wet bar, and beautiful honed limestone flooring in the main living areas along with exceptional molding and paneling. The bright breakfast room sits directly next to the kitchen with views of the Cooper River, Yorktown, Castle Pinckney, Sullivan's Island, and Ravenel Bridge. Three bedrooms and a large office, or fourth bedroom, each have their own en-suite bathrooms, ensuring that guests want for nothing when visiting your palatial flat. Master bedroom includes a larger bath with dual vanities and Jacuzzi soaking tub, walk-in closet, and a beautiful view of Broad Street and St. Michaels Church. Numerous amenities include wired sound system throughout, new windows, deeded storage areas, secured elevator and lobby, gated parking, and much more, including a well-managed HOA.

The People's Building at 18 Broad is the crown jewel of the lower peninsular skyline, rivaled only by St. Michaels and St. Philips Church steeples. "Charleston's first skyscraper" was completed in 1911 with steel construction and a "fireproof" rating. A magnificent building boasting granite and brick façade, imposing frontage on Broad Street and a striking Calacatta Marble entrance lobby, this Art Deco and Neoclassical style building is unmistakable. President Taft even remarked upon visiting that, "I don't believe that it did ruin [Charleston's] skyline, but if it did, the view from up here makes it worth it." Indeed, upon entering this sixth floor condo, the visuals are stunning and inspiring from 30 oversized windows with prominent views of Charleston Harbor, the Ravenel Bridge, the Ashley River, historic Broad Street, beautiful churches, colorful rooftops of the lower peninsula, and beyond!

This exclusive and pristine condominium can only truly be appreciated in person. 18 Broad Unit 601 now available for preview by appointment only.

Last Agent to Sell the Property

Ruthie Ravenel

Daniel Ravenel Sotheby's International Realty License #83803 Listed on: 01/13/2020

Last Buyer's Agent

Joyce King

Disher Hamrick & Myers Res Inc License #16386

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,341

Year Built

  • Built in 1911

Lot Details

  • Property fronts a marsh
  • River Front
  • Elevated Lot

HOA Fees

  • $2,810 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Stone Veneer
  • Masonry

Interior Spaces

  • 3,098 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Garden Bath

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Adaptable For Elevator
  • Handicap Accessible

Schools

  • Memminger Elementary School
  • Courtenay Middle School
  • Burke High School

Utilities

  • Cooling Available
  • No Heating

Community Details

Overview

  • High-Rise Condominium
  • South Of Broad Subdivision

Amenities

  • Community Storage Space
  • Elevator

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,341

Year Built

Built in 1911

Lot Details

0

HOA Fees

$2,810 per month

Listing Details

  • Prop. Type: Residential
  • Year Built: 1911
  • Property Sub Type: Single Family Attached
  • Subdivision Name: South of Broad
  • Directions: Corner Of Broad And State. Secured Elevator Access.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Condo Regime, Condominium, Flat, High Rise
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Accessibility Features: Handicapped Equipped
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Flooring: Other, Stone, Wood
  • Interior Amenities: High Ceilings, Elevator, Garden Tub/Shower, Kitchen Island, Walk-In Closet(s), Family, Entrance Foyer, Great, Living/Dining Combo, Media, Separate Dining
  • Window Features: Window Treatments
  • Master Bedroom Features: Garden Tub/Shower
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: See Remarks
  • Lot Features: 0 - .5 Acre, High
  • Waterfront Features: Marshfront, River Front, Waterfront - Deep
  • Waterfront: Yes
  • Construction Type: Block/Masonry, Brick Veneer, Stone Veneer
  • Exterior Features: Elevator Shaft
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street, Other (Use Remarks)

Utilities

  • Cooling Y N: Yes
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, Dominion Energy
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevators, Security, Storage
  • Association Fee: 2810
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Memminger
  • High School: Burke
  • Middle Or Junior School: Courtenay

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4580903028

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2020
Closed on
Mar 12, 2020
Sold by
Katco Charleston Llc
Bought by
Eldh Kathleen Ebel and Eldh John Charles
Seller's Agent
Ruthie Ravenel
Daniel Ravenel Sotheby's International Realty
Buyer's Agent
Joyce King
Disher Hamrick & Myers Res Inc
List Price
$2,925,000
Sold Price
$2,925,000
Total Days on Market
16
Current Estimated Value
$4,181,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,256,028
Avg. Annual Appreciation
7.03%
Original Mortgage
$1,040,000
Outstanding Balance
$930,900
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$3,250,128

Purchase Details

Listed on
Jan 13, 2020
Closed on
Feb 26, 2020
Sold by
Early Lisa E
Bought by
Leitch Horace Joseph and Leitch Cathey S
Seller's Agent
Ruthie Ravenel
Daniel Ravenel Sotheby's International Realty
Buyer's Agent
Joyce King
Disher Hamrick & Myers Res Inc
List Price
$2,925,000
Sold Price
$2,925,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Outstanding Balance
$930,900
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$3,250,128

Purchase Details

Closed on
Jan 30, 2015
Sold by
Macpherson Neil A
Bought by
Early Lisa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 27, 2005
Sold by
Macpherson Enterprises Ltd Partnership
Bought by
The 1998 Neil A Macpherson Living Trust and Macpherson Neil A

Purchase Details

Closed on
Oct 31, 2005
Sold by
Macpherson Neil A and Macpherson Bridget M
Bought by
Macpherson Enterprises Ltd Partnership

Purchase Details

Closed on
Jul 31, 2003
Sold by
Bealer Investments Llc
Bought by
Macpherson Neil A and Macpherson Bridget M
Source: Public Records

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Range of Values:

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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
Eldh Kathleen Ebel $1,300,000 None Available
Leitch Horace Joseph $2,925,000 None Available
Early Lisa E $2,450,000 --
The 1998 Neil A Macpherson Living Trust -- None Available
Macpherson Enterprises Ltd Partnership -- None Available
Macpherson Neil A $1,140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eldh Kathleen Ebel $1,040,000
Previous Owner Early Lisa E $1,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2020 02/27/20 Sold $2,925,000 0.0% $944 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $2,925,000 -- $944 / 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
2023 $14,341 $115,000 $0 $0
2022 $13,571 $115,000 $0 $0
2021 $14,508 $117,000 $0 $0
2020 $14,428 $102,830 $0 $0
2019 $40,024 $100,940 $0 $0
2017 $12,388 $98,000 $0 $0
2016 $36,952 $147,000 $0 $0
2015 $27,930 $116,400 $0 $0
2014 $23,960 $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: 20001079

CHS Regional MLS

APN: 458-09-03-285