NOT LISTED FOR SALE

Estimated Value: $4,662,914

10 Beds
5 Baths
6,104 Sq Ft
$764/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $2,500,000 $410 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $29,305/month

137 Days on Market

Highlights

  • 0.33 Acre Lot
  • Fireplace
  • Heating Available
  • The community has rules related to allowing live work
  • Cooling Available
  • 2-minute walk to Shiloh Park

About This Home

As of October 2019

Two-story building for sale with 23 on-site parking spaces. First floor is turn-key medical office space with 6 exam rooms, a reception area, general work area, two restrooms and a kitchenette. Second floor is elevator-served general office space and currently leased to Charleston School of Music. 191 Rutledge Avenue is situated between the peninsula's Medical District and College of Charleston. Just blocks from Spring Street and King Street, two of downtown's main thoroughfares bustling with activity. Approximately 1 mile to the new WestEdge development which includes Publix among other retail, office space and apartments.

Last Agent to Sell the Property

Ashley Severance

Atlantic Properties Of The LowCountry License #56673 Listed on: 04/01/2019

Last Buyer's Agent

Shea Robbins

Carolina One Real Estate License #24589

Carolina One Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,299

Year Built

  • Built in 1970

Lot Details

  • 0.33 Acre Lot

Home Design

  • Brick Foundation
  • Slab Foundation
  • Cement Siding
  • Masonry

Interior Spaces

  • 6,104 Sq Ft Home
  • 2-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 10 Bedrooms

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • The community has rules related to allowing live work

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,299

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Live/Work
  • Year Built: 1970
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.33
  • Subdivision Name: None
  • Directions: From Hwy 17:turn Onto Rutledge (one Way). Cross Over Spring Street And Cannon Street. 191 Rutledge Will Be Just Ahead On The Right. Parking On-site.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 3
  • Total Bedrooms: 10
  • Entry Location: Ground Level
  • Fireplace Features: Other (Use Remarks)
  • Fireplace: Yes
  • Flooring: Other
  • Interior Amenities: Other (Use Remarks)

Exterior Features

  • Roof: See Remarks
  • Lot Features: 0 - .5 Acre
  • Construction Type: Block/Masonry, Brick, Cement Plank
  • Foundation Details: Slab
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Other (Use Remarks)

Utilities

  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Charleston Water Service, SCE & G

Condo/Co-op/Association

  • Community Features: Other

Schools

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

Lot Info

  • Lot Size Sq Ft: 14374.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4601502087

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2019
Closed on
Oct 17, 2019
Sold by
Rutledge Avenue Properties Llc
Bought by
191 Rutledge Office Llc
Seller's Agent
Ashley Severance
Atlantic Properties Of The LowCountry
Buyer's Agent
Shea Robbins
Carolina One Real Estate
List Price
$2,800,000
Sold Price
$2,500,000
Premium/Discount to List
-$300,000
-10.71%
Current Estimated Value
$4,662,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,162,914
Avg. Annual Appreciation
10.60%
Original Mortgage
$2,000,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 22, 2004
Sold by
Gilchrist Samuel L
Bought by
Grossman William J and Grossman Judith C

Purchase Details

Closed on
Nov 24, 2003
Sold by
Grossman Judith C and Grossman William J
Bought by
Rutledge Avenue Properties Llc

Purchase Details

Closed on
Jun 27, 2003
Sold by
Charleston Baptist Assn
Bought by
Grossman William J and Grossman Judith C
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
191 Rutledge Office Llc $2,500,000 None Available
Grossman William J $425,000 --
Rutledge Avenue Properties Llc -- --
Grossman William J $1,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 191 Rutledge Office Llc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2019 10/18/19 Sold $2,500,000 -10.7% $410 / Sq Ft
08/17/2019 08/17/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $2,800,000 -- $459 / 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 $45,299 $159,270 $0 $0
2023 $45,299 $159,270 $0 $0
2022 $86 $159,270 $0 $0
2021 $41,618 $159,270 $0 $0
2020 $34,487 $132,910 $0 $0
2019 $19,090 $69,970 $0 $0
2017 $18,141 $69,970 $0 $0
2016 $17,627 $69,970 $0 $0
2015 $16,816 $69,970 $0 $0
2014 $16,840 $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: 19009372

CHS Regional MLS

APN: 460-15-02-087