NOT LISTED FOR SALE

Estimated Value: $1,200,000 - $1,676,000

3 Beds
4 Baths
2,720 Sq Ft
$545/Sq Ft Est. Value

Last Sold January 24, 2018

Last sale price $875,000 $322 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $8,887/month

28 Days on Market

Highlights

  • Wood Flooring
  • High Ceiling
  • Eat-In Kitchen
  • Bonus Room
  • The community has rules related to allowing live work
  • Walk-In Closet

About This Home

As of January 2018

Great opportunity in downtown Charleston. This building is perfect for investor looking for a prime rental unit which has both office and living space. On the first floor, this was previously a sofa shop, but perfect now for small office area. On the second floor is living room/dining room with half bath and hardwood floors through out this unit. On third floor is bedroom, sitting room and its own private bath. The top floor features 2 bedrooms and 1 bath, offering privacy for visiting guests. This unit has potential to be used in airbnb, and owner should confirm restrictions. This is super opportunity, walking distance to lots of amenities. Priced to move a must see, asap, and will not last long.

Last Agent to Sell the Property

Al Hammons

RE/MAX Southern Shores License #12569 Listed on: 10/19/2017

RE/MAX Southern Shores

Last Buyer's Agent

Charlie McCrary

Carolina One Real Estate License #19218

Carolina One Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,885

Year Built

  • Built in 2005

Lot Details

  • 2,178 Sq Ft Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,720 Sq Ft Home
  • 3-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Bonus Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

  • Elliotborough Subdivision
  • The community has rules related to allowing live work

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,885

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2005
  • Property Sub Type: Single Family Attached
  • Lot Size Acres: 0.05
  • Ownership: Fee Simple
  • Subdivision Name: Elliotborough
  • Directions: From Charleston Take King To Spring, Left On Spring, Located On Corner Of Spring And St Philip
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Multi-Story
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 3
  • Structure Type: Live/Work
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Other, Wood
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Walk-In Closet(s), Ceiling Fan(s), Bonus, Eat-in Kitchen, Entrance Foyer, Living/Dining Combo
  • Master Bedroom Features: Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Asphalt
  • Lot Features: Level
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: SCE & G
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Size Sq Ft: 2178
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4600804022

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2017
Closed on
Jan 23, 2018
Sold by
Adams Chris and Adams Christopher W
Bought by
Che 207 Llc
Seller's Agent
Al Hammons
RE/MAX Southern Shores
Buyer's Agent
Charlie McCrary
Carolina One Real Estate
List Price
$904,900
Sold Price
$875,000
Premium/Discount to List
-$29,900
-3.3%
Current Estimated Value
$1,457,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$582,534
Avg. Annual Appreciation
7.46%
Original Mortgage
$712,000
Outstanding Balance
$609,881
Interest Rate
3.99%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$898,056

Purchase Details

Listed on
Oct 19, 2017
Closed on
Jan 22, 2018
Sold by
Suntrust Mortgage Inc
Bought by
Adams Chris
Seller's Agent
Al Hammons
RE/MAX Southern Shores
Buyer's Agent
Charlie McCrary
Carolina One Real Estate
List Price
$904,900
Sold Price
$875,000
Premium/Discount to List
-$29,900
-3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,000
Outstanding Balance
$609,881
Interest Rate
3.99%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$898,056

Purchase Details

Closed on
Sep 8, 2016
Sold by
Mortgage Of Real Property
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Jul 1, 2005
Sold by
Cooper Development Llc
Bought by
Mccrary Charles H and Reese Patricia R

Purchase Details

Closed on
Dec 21, 2000
Sold by
Kymo Development Llc
Bought by
Spence Connie J
Source: Public Records

Range of Values:

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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
Che 207 Llc -- None Available
Adams Chris $875,000 None Available
Suntrust Mortgage Inc $557,593 --
Mccrary Charles H $435,000 --
Spence Connie J $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Che 207 Llc $712,000
Closed Adams Chris $712,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2018 01/24/18 Sold $875,000 -3.3% $322 / Sq Ft
11/17/2017 11/17/17 Pending -- -- --
10/19/2017 10/19/17 For Sale $904,900 -- $333 / 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 $10,885 $36,900 $0 $0
2023 $10,885 $36,900 $0 $0
2022 $10,024 $36,900 $0 $0
2021 $9,902 $36,900 $0 $0
2020 $9,831 $36,900 $0 $0
2019 $10,976 $36,900 $0 $0
2017 $13,306 $50,240 $0 $0
2016 $8,327 $32,100 $0 $0
2015 $33,481 $138,860 $0 $0
2014 $29,980 $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: 17028411

CHS Regional MLS

APN: 460-08-04-022