NOT LISTED FOR SALE
3 Beds
1 Bath
10,300 Sq Ft
0.77 Acres

Last Sold January 13, 2022

Last sale price $800,000 $78 Per Sq Ft

143 Days on Market

About This Home

As of January 2022

Multifamily redevelopment project in the Opportunity Zone. This portfolio of 4 detached buildings is in the Heart of North Charleston, near the old Navy Base. Trifecta of tax incentives, in addition to the Opportunity Zone, it is eligible for the SC Abandoned Buildings Revitalization tax credit and may also be eligible for the Historic Rehabilitation tax credit.Initially constructed during World War I and rebuilt in World War II, St. Peter's by the Sea church served the Navy Base community for most of a century.This complex includes four buildings on approx .77 acres near the intersection of Spruill and Reynolds Avenue: the main brick church building, approx 3,300 sq.ft., that is dry but needs work. A 4,000 sq.ft. brick rectangular building that needs a new roof and new interior; could also add a second story to this building. A 1,500 sq.ft. remodeled residential structure that was once a church offices, and a 1,500 sq.ft. ready-to-renovate residential structure that is cleaned out down to the studs (could be removed to increase parking).

The centrally located complex is only 8 minutes from downtown and 6 minutes from West Ashley, This property is zoned B1 by the City of North Charleston.

Last Agent to Sell the Property

Edward Sutton

NAI Charleston, LLC License #96219 Listed on: 04/12/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,461

Year Built

  • Built in 1937

Lot Details

  • 0.77

Home Design

  • 10,300 Sq Ft Home

Schools

  • Mary Ford Elementary School
  • Morningside Middle School
  • North Charleston High School

Utilities

  • No Cooling
  • No Heating

Additional Features

  • 3 Bedrooms
  • 0.77 Acre Lot

Community Details

  • Chicora Place Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,461

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1937
  • Lot Size Acres: 0.77
  • Subdivision Name: Chicora Place
  • Directions: Corner Of Success St And North Carolina
  • New Construction: No
  • Structure Type: Other
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 3

Exterior Features

  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No

Schools

  • Elementary School: Mary Ford
  • High School: North Charleston
  • Middle Or Junior School: Morningside

Lot Info

  • Lot Size Sq Ft: 33541.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4691200272

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
Jan 6, 2022
Sold by
Ybr Llc
Bought by
Success Street Holdings Llc
Seller's Agent
Edward Sutton
NAI Charleston, LLC
Sold Price
$800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
3.11%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 17, 2018
Sold by
Washington United Methodist Church
Bought by
Ybr Llc

Purchase Details

Closed on
Nov 25, 2003
Sold by
Charleston Korean United Methodist Churc
Bought by
Mcneil Henry and Hagler James
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
Success Street Holdings Llc $800,000 None Listed On Document
Ybr Llc $475,000 None Available
Mcneil Henry $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Success Street Holdings Llc $880,000
Closed Success Street Holdings Llc $250,000
Closed Success Street Holding Llc $475,000
Closed Success Street Holdings Llc $640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2022 01/13/22 Sold $800,000 -- $78 / 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 $11,461 $38,340 $0 $0
2023 $11,461 $27,020 $0 $0
2022 $193 $25,180 $0 $0
2021 $7,186 $25,180 $0 $0
2020 $7,125 $25,180 $0 $0
2019 $7,384 $25,180 $0 $0
2017 $193 $0 $0 $0
2016 $279 $0 $0 $0
2015 $279 $0 $0 $0
2014 $279 $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: 21009598

CHS Regional MLS

APN: 469-12-00-272