NOT LISTED FOR SALE

Estimated Value: $531,000 - $632,537

8 Beds
4 Baths
2,704 Sq Ft
$215/Sq Ft Est. Value

Last Sold February 01, 2023

Last sale price $460,000 $170 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,777/month

3 Days on Market

Highlights

  • Cooling Available
  • Property is near a bus stop
  • Heat Pump System
  • Home Security System

About This Home

As of February 2023

Attention All Opportunity Fund Buyers, take advantage of 2001 Hugo Ave. This Opportunity Zone property's full renovation has just been completed, and it's ready to pull the final CO. This is an existing Renovated Duplex with a total of 8 bedrooms and 4 bathrooms with 2700 Sq Ft of living space. There is no rental history, as the property has sat vacant for many years. This property is not in a flood zone and does not require flood insurance. The current Section 8 rate for a 4-bedroom rental is $2,200 giving this property a minimum gross income of $4,400 per month. The property could also be used as a Short Term Rental.

Last Agent to Sell the Property

Jason Pee

Charleston GPS, LLC License #45594 Listed on: 12/09/2022

Last Buyer's Agent

Daniel Tsveer

Carolina One Real Estate License #119570

Carolina One Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,248

Year Built

  • Built in 2022

Lot Details

  • 3,049

Parking

  • Open Parking

Home Design

  • Duplex
  • Architectural Shingle Roof

Interior Spaces

  • 8 Bedrooms
  • 2,704 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Home Security System

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • 3,049 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • 2 Units
  • Union Heights Subdivision

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,248

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2022
  • Lot Size Acres: 0.07
  • Subdivision Name: Union Heights
  • Directions: Take Spruill Ave To Hugo Ave
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • ResoBuildingAreaSource: Assessor
  • Special Features: 4098
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Refrigerator
  • Total Bedrooms: 8

Exterior Features

  • Roof: Architectural
  • Construction Type: See Remarks
  • Foundation Details: Crawl Space
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: Yes

Utilities

  • Security: Security System
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Dominion Energy, N Chas Sewer Distric
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Bus Line

Schools

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

Lot Info

  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Map Number: 4661200381

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2025
Sold by
Polyachenko Michael
Bought by
Michael Polyachenko Revocable Trust and Polyachenko
Current Estimated Value
$580,634

Purchase Details

Listed on
Dec 9, 2022
Closed on
Jan 27, 2023
Sold by
Dwwii Properties Llc
Bought by
Polyachenko Michael
Seller's Agent
Jason Pee
Charleston GPS, LLC
Buyer's Agent
Daniel Tsveer
Carolina One Real Estate
List Price
$465,000
Sold Price
$460,000
Premium/Discount to List
-$5,000
-1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%
Original Mortgage
$391,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2020
Sold by
Hambone Properties Llc
Bought by
Dwwii Properties Llc

Purchase Details

Closed on
Dec 16, 2015
Sold by
Anderson Maria and Spann Robyn
Bought by
Hambone Properties Llc

Purchase Details

Closed on
Jul 1, 2011
Sold by
Estate Of Cohen Spann
Bought by
Anderson Maria and Spann Robyn
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
Michael Polyachenko Revocable Trust -- None Listed On Document
Polyachenko Michael $460,000 --
Dwwii Properties Llc $160,000 None Available
Hambone Properties Llc $130,000 --
Anderson Maria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Polyachenko Michael $391,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2023 02/01/23 Sold $460,000 -1.1% $170 / Sq Ft
12/13/2022 12/13/22 Pending -- -- --
12/09/2022 12/09/22 For Sale $465,000 -- $172 / 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 $8,248 $27,600 $0 $0
2023 $8,248 $5,700 $0 $0
2022 $1,649 $5,700 $0 $0
2021 $1,636 $5,700 $0 $0
2020 $888 $3,000 $0 $0
2019 $1,712 $5,460 $0 $0
2017 $1,610 $5,460 $0 $0
2016 $1,564 $5,460 $0 $0
2015 $1,845 $7,160 $0 $0
2014 $1,579 $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: 22030324

CHS Regional MLS

APN: 466-12-00-381