NOT LISTED FOR SALE

Estimated Value: $820,000 - $959,000

4 Beds
2 Baths
1,792 Sq Ft
$494/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $850,000 $474 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,432/month

164 Days on Market

About This Home

As of June 2024

Welcome home to 195 Spring Street, a gorgeous, incoming-producing Charleston Single-style DUPLEX in the heart of Charleston and MINUTES from all it has to offer. 195 Spring is commercially zoned, allowing for different business possibilities! This property was moved from downtown years ago and has hardwood floors throughout the entire property, double porches, newer electric, updated plumbing, newer insulation, and roof replaced within the last 5 years. One of the unique features is a total of 5 fireplaces throughout the entire property. One of the rare finds in downtown Charleston, this property offers ample parking in the rear. 6 parking spots! Parking is often a premium in this historic area, making this feature a valuable asset for both tenants, future customers, new owners.This property also gets treated quarterly for termites. Don't miss this rare gem!

Last Agent to Sell the Property

Nick Mazzilli

Maven Realty License #104594 Listed on: 12/05/2023

Last Buyer's Agent

Paul Kelton

Matt O'Neill Real Estate License #117366

Matt O'Neill Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 3,485

Home Design

  • Duplex
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 4 Bedrooms
  • 1,792 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

  • Mitchell Elementary School
  • Simmons Pinckney Middle School
  • Burke High School

Additional Features

  • 3,485 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all utilities

Community Details

Overview

  • 2 Units
  • Cannonborough Elliotborough Subdivision

Building Details

  • Gross Income $47,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1890
  • Lot Size Acres: 0.08
  • Subdivision Name: Cannonborough-Elliotborough
  • Directions: Going Through The Crosstown Heading North, Property Is On The Right. Corner Of Spring And Wescott Court.
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Refrigerator
  • Total Bedrooms: 4

Exterior Features

  • Roof: Architectural
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Other Structures: No
  • Property Condition: Pre-Owned

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, Dominion Energy
  • Water Source: Public

Schools

  • Elementary School: Mitchell
  • High School: Burke
  • Middle Or Junior School: Simmons Pinckney

Lot Info

  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 47400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2023
Closed on
Jun 20, 2024
Sold by
Smalley Marvin
Bought by
Martillo Tanner
Seller's Agent
Nick Mazzilli
Maven Realty
Buyer's Agent
Paul Kelton
Matt O'Neill Real Estate
List Price
$875,000
Sold Price
$850,000
Premium/Discount to List
-$25,000
-2.86%
Views
66
Current Estimated Value
$884,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,883
Avg. Annual Appreciation
2.34%
Original Mortgage
$345,000
Outstanding Balance
$340,903
Interest Rate
7.02%
Mortgage Type
Small Business Administration
Estimated Equity
$543,980

Purchase Details

Closed on
Oct 1, 2001
Sold by
Ellington Spencer K Crow Robert K
Bought by
Smalley Marvin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Martillo Tanner $850,000 None Listed On Document
Smalley Marvin $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martillo Tanner $345,000
Closed Martillo Tanner $462,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2024 06/24/24 Sold $850,000 0.0% $474 / Sq Ft
04/23/2024 04/23/24 Price Changed $850,000 -2.9% $474 / Sq Ft
04/01/2024 04/01/24 For Sale $875,000 +2.9% $488 / Sq Ft
03/31/2024 03/31/24 Off Market $850,000 -- --
03/08/2024 03/08/24 Price Changed $875,000 -2.8% $488 / Sq Ft
12/05/2023 12/05/23 For Sale $900,000 -- $502 / Sq Ft
Source: CHS Regional MLS

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 $9,325 $15,870 $0 $0
2023 $5,743 $19,050 $0 $0
2022 $86 $19,050 $0 $0
2021 $5,194 $19,050 $0 $0
2020 $5,157 $19,050 $0 $0
2019 $4,727 $16,570 $0 $0
2017 $4,436 $16,570 $0 $0
2016 $4,380 $16,570 $0 $0
2015 $4,258 $16,570 $0 $0
2014 $4,031 $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: 23027305

CHS Regional MLS

APN: 460-11-04-110

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