NOT LISTED FOR SALE

Estimated Value: $1,073,000 - $1,425,000

4 Beds
2 Baths
2,030 Sq Ft
$593/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $730,000 $360 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $7,165/month

552 Days on Market

Highlights

  • 0.13 Acre Lot
  • Wood Siding
  • Heat Pump System
  • Cooling Available

About This Home

As of July 2021

1 OUT OF A SPECTACULAR GROUP OF 5 MULTIFAMILY BUILDINGS BUILT FROM 1900 - 1915. FRAME SIDING. THERE ARE 4 PARKING SPACES FOR THIS UNIT.3 BLOCKS TO MUSC. ANNUAL EXPENSES OF $14,000 SHOWN ARE APPROXIMATE. SQUARE FOOTAGE IS APPROXIMATE. BUYER SHOULD VERIFY.THE DUPLEX WILL ALLOW AN OWNER OCCUPANT TO LIVE IN ONE UNIT AND SHORT-TERM LEASE THE OTHER. THIS WILL RESULT IN A **$1,900 /MONTH POSITIVE CASH FLOW*** NET OF ALL EXPENSES AND MORTGAGE PAYMENTS*** WITH THE ADDITIONAL 5TH PARKING SPACE, THE BUYER SHOULD QUALIFY FOR A 2ND SHORT TERM RENTAL UNIT IF HE RECONFIGURES THE HOUSE FOR A 3RD UNIT. SAID UNIT IS NOT REQUIRED TO HAVE A KITCHEN.

Last Agent to Sell the Property

Charlie McCrary

Carolina One Real Estate License #19218 Listed on: 12/12/2019

Carolina One Real Estate

Last Buyer's Agent

Michael Anthony

The Boulevard Company License #66456

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,222

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Open Parking

Home Design

  • Duplex
  • Fiberglass Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,030 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for all utilities

Community Details

Overview

  • 12 Units
  • Elliottborough Subdivision

Building Details

  • Operating Expense $14,000
  • Gross Income $50,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,222

Year Built

Built in 1920

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1920
  • Lot Size Acres: 0.13
  • Subdivision Name: Elliottborough
  • Directions: Take Spring, Turn North On Kracke
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dryer, Washer

Exterior Features

  • Roof: Fiberglass, Metal
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Car
  • Total Parking Spaces: 2

Utilities

  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, Dominion Energy
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1200
  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Zoning Description: Conforming
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Map Number: 4601102129113174

Multi Family

  • Number Of Units Total: 12
  • Annual Gross Income: 50000
  • Annual Operating Expense: 14000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2014
Sold by
Grimball & Lybrand Partnership
Bought by
21 Kracke Street Llc
Current Estimated Value
$1,203,326

Purchase Details

Closed on
Apr 25, 2013
Sold by
21 Kracke Street Llc
Bought by
Sloggatt James P and Sloggatt Karen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2008
Sold by
Gateway Park Properties Llc
Bought by
21 Kracke Street Llc
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
21 Kracke Street Llc $500 --
Sloggatt James P -- --
21 Kracke Street Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sloggatt James P $245,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2021 07/27/21 Sold $730,000 -81.4% $360 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
12/12/2019 12/12/19 For Sale $3,925,000 -- $1,933 / 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 $8,222 $36,500 $0 $0
2023 $8,222 $36,500 $0 $0
2022 $7,633 $36,500 $0 $0
2021 $2,913 $13,480 $0 $0
2020 $4,331 $16,190 $0 $0
2019 $3,964 $14,080 $0 $0
2017 $3,791 $14,080 $0 $0
2016 $3,670 $14,080 $0 $0
2015 $3,507 $14,080 $0 $0
2014 $3,025 $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: 19033586

CHS Regional MLS

APN: 460-11-02-113