M
Seller's Agent in 2023
Middleton Rutledge
Daniel Ravenel Sotheby's International Realty
(843) 345-9137
11 in this area
61 Total Sales
2 Saint Michaels Alley Charleston, SC 29401
South of Broad NeighborhoodEstimated Value: $1,402,000 - $2,655,000
2
Beds
3
Baths
2,340
Sq Ft
$885/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- 2 Fireplaces
- High Ceiling
- Wood Flooring
- Separate Formal Living Room
- 3-minute walk to Washington Square Park
About This Home
As of February 2023In the Heart of Charleston's Old Walled City, down a quiet one way street, sits 2 Saint Michaels Alley, shaded by distinctive Italian cypress trees. This one of a kind architectural treasure (c. 1740) has not been offered on the market in 50 years and offers a once in a generation opportunity for a truly exceptional downtown lifestyle.This 2 1/2 story masonry home with a turned metal, gable roof, and double piazzas is believed to have been built just after the fire of 1740, which swept through the city on November 18, burning close to 334 homes and businesses, according to historical records.There have been many notable owners of this 2340-square-foot home during its illustrious history, including the founder of the Society for the Preservation of Old Dwellings, Susan Pringle Frost. Records show she purchased and rehabilitated 2,4, and 6 Saint Michaels in the early 20th century.
Winning a Carolopolis Award in 1978 for preservation, the house offers a formal living room, formal dining, and a kitchen on the first floor. There are 11-foot ceilings and brilliant hardwood floors along with a tranquil and private courtyard garden. A custom, commissioned wrought iron gate was built by Charleston's most famous blacksmith, Phillip Simmons, and there is a holy cross and heron scrolled into the iron as per the owner's request.
An elegant, free-floating circular stairwell with a mahogany banister was designed and built for the current owner. It leads you to a beautiful second-floor drawing room with a fireplace. Some original mantles, wainscotting, and chair rails still exist within the space, adding to its charm.
The primary bedroom is located on the second floor and provides a generous bathroom and an unfinished walk-in closet, which can be built out to your liking. An elevator services both the first and second floor. The second-floor piazza has been glassed in and is currently used as an office and sitting room.
The third floor comprises a bedroom and a bathroom/laundry room, both of which may be easily updated. The third-floor piazza is a wonderful outdoor space offering amazing vistas of the city's church steeples and roof lines. If you want to live in the oldest part of downtown Charleston and take advantage of everything the city has to offer, don't miss seeing this!
Last Agent to Sell the Property
Daniel Ravenel Sotheby's International Realty License #25247 Listed on: 06/09/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,418
Year Built
- Built in 1740
Lot Details
- 1,307 Sq Ft Lot
- Brick Fence
Parking
- 1 Car Garage
- Off-Street Parking
Home Design
- Colonial Architecture
- Raised Foundation
- Metal Roof
- Masonry
Interior Spaces
- 2,340 Sq Ft Home
- 3-Story Property
- Elevator
- Smooth Ceilings
- High Ceiling
- 2 Fireplaces
- Family Room
- Separate Formal Living Room
- Formal Dining Room
- Wood Flooring
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Basement
- Exterior Basement Entry
- Crawl Space
Home Security
- Home Security System
- Storm Windows
Outdoor Features
- Patio
Schools
- Memminger Elementary School
- Courtenay Middle School
- Burke High School
Utilities
- Cooling Available
- Heat Pump System
Community Details
- South Of Broad Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 9, 2022
Closed on
Jan 17, 2023
Sold by
Rhett William P
Bought by
Medvedeva Kristina
Seller's Agent
Middleton Rutledge
Daniel Ravenel Sotheby's International Realty
Buyer's Agent
Julia Lowe
Highgarden Real Estate
List Price
$1,850,000
Sold Price
$1,675,000
Premium/Discount to List
-$175,000
-9.46%
Views
26
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,057
Avg. Annual Appreciation
14.66%
Original Mortgage
$1,340,000
Outstanding Balance
$1,306,152
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$1,032,780
Purchase Details
Closed on
Apr 16, 2015
Sold by
Estate Of Dorothy Carson Rhett and Rhett William Paterson
Bought by
Rhett William P
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Medvedeva Kristina | $1,675,000 | -- | |
| Rhett William P | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Medvedeva Kristina | $1,340,000 | |
| Previous Owner | Rhett William P | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/10/2023 02/10/23 | Sold | $1,675,000 | -4.3% | $716 / Sq Ft |
| 11/14/2022 11/14/22 | Price Changed | $1,750,000 | -5.4% | $748 / Sq Ft |
| 09/13/2022 09/13/22 | Price Changed | $1,850,000 | 0.0% | $791 / Sq Ft |
| 09/13/2022 09/13/22 | For Sale | $1,850,000 | +10.4% | $791 / Sq Ft |
| 08/09/2022 08/09/22 | Off Market | $1,675,000 | -- | -- |
| 06/09/2022 06/09/22 | For Sale | $1,995,000 | -- | $853 / Sq Ft |
Source: CHS Regional MLS
Tax History Compared to Growth
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 | $8,418 | $55,200 | $0 | $0 |
| 2022 | $6,331 | $53,200 | $0 | $0 |
| 2021 | $6,651 | $53,200 | $0 | $0 |
| 2020 | $6,903 | $53,200 | $0 | $0 |
| 2019 | $6,086 | $46,000 | $0 | $0 |
| 2017 | $5,867 | $48,000 | $0 | $0 |
| 2016 | $5,614 | $48,000 | $0 | $0 |
| 2015 | $5,639 | $46,620 | $0 | $0 |
| 2014 | $4,967 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Middleton Rutledge
-
Daniel Ravenel
Seller Co-Listing Agent in 2023
Daniel Ravenel
Daniel Ravenel Sotheby's International Realty
(843) 343-5944
9 in this area
45 Total Sales
-
Julia Lowe
J
Buyer's Agent in 2023
Julia Lowe
Highgarden Real Estate
(843) 327-4081
1 in this area
20 Total Sales
Map
Source: CHS Regional MLS
MLS Number: 22015170
APN: 458-09-03-055
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