NOT LISTED FOR SALE

Estimated Value: $1,046,000 - $1,255,000

2 Beds
2 Baths
1,652 Sq Ft
$697/Sq Ft Est. Value

Last Sold February 28, 2017

Last sale price $500,000 $303 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $7,710/month

4 Days on Market

About This Home

As of February 2017

Historic duplex containing two (2) bedrooms and one (1) bathroom per each of two (2) units (one ''up,'' one ''down''). Property is currently leased as follows: Unit A pays $1200 a month & expires May 31, 2017. Unit B pays $1360 a month & expires July 31, 2017. Structure could be extensively renovated. Lot of size 3,360 sq. ft. (per attached survey). Zoning is DR2-F. Renovate ''as-is'', extend existing structure towards rear of lot, or possibly renovate existing structure as a single-family residence and build a second dwelling in rear of lot (ALL plans subject to City approvals).

Last Listed By

Marion Jackson

Charleston Property Brokers License #39578 Listed on: 01/26/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,950

Year Built

  • Built in 1852

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,652 Sq Ft Home
  • 2-Story Property

Schools

  • James Simons Elementary School
  • Courtenay Middle School
  • Burke High School

Utilities

  • No Cooling
  • No Heating

Community Details

Overview

  • 2 Units
  • Radcliffeborough Subdivision

Building Details

  • Gross Income $30,720
  • Net Operating Income $20,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,950

Year Built

Built in 1852

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1852
  • Lot Size Acres: 0.08
  • Subdivision Name: Radcliffeborough
  • Directions: From Calhoun St. North On Ashely Ave. Right On Cannon, Right On Felix; Home Is Fourth From Corner Of Cannon & Felix On East Side Of Felix St.
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No

Schools

  • Elementary School: James Simons
  • High School: Burke
  • Middle Or Junior School: Courtenay

Lot Info

  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4601201029

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 30720
  • Property Net Operating Income: 20000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2025
Sold by
18 Felix Street Llc
Bought by
A1 Sub-B Llc
Total Days on Market
4
Current Estimated Value
$1,150,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,011,000
Outstanding Balance
$14,972,463
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$13,858,028

Purchase Details

Listed on
Jan 26, 2017
Closed on
Mar 8, 2017
Sold by
Brooks Austin M
Bought by
18 Felix Street Llc
Seller's Agent
Marion Jackson
Charleston Property Brokers
List Price
$469,000
Sold Price
$500,000
Premium/Discount to List
$31,000
6.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%
Original Mortgage
$375,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 26, 2017
Closed on
Feb 28, 2017
Sold by
Crow Jim
Bought by
Brooks Austin M
Seller's Agent
Marion Jackson
Charleston Property Brokers
List Price
$469,000
Sold Price
$500,000
Premium/Discount to List
$31,000
6.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.09%
Mortgage Type
New Conventional

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
A1 Sub-B Llc -- None Listed On Document
A1 Sub-B Llc -- None Listed On Document
18 Felix Street Llc -- None Available
Brooks Austin M $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open A1 Sub-B Llc $15,011,000
Closed A1 Sub-B Llc $15,011,000
Previous Owner 22 Bogard Street Llc $10,700,000
Previous Owner Brooks Austin M $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2017 02/28/17 Sold $500,000 +6.6% $303 / Sq Ft
01/31/2017 01/31/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $469,000 -- $284 / 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 $15,950 $55,500 $0 $0
2022 $14,796 $72,300 $0 $0
2021 $18,993 $72,300 $0 $0
2020 $18,854 $72,300 $0 $0
2019 $8,288 $30,000 $0 $0
2017 $2,785 $10,200 $0 $0
2016 $2,697 $10,200 $0 $0
2015 $3,760 $10,200 $0 $0
2014 $3,252 $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: 17002364

CHS Regional MLS

APN: 460-12-01-029