NOT LISTED FOR SALE

Estimated Value: $387,420

5 Beds
2.5 Baths
1,650 Sq Ft
$235/Sq Ft Est. Value

Sale Details

Date Sold: August 9, 2022

Last sale price $340,000 $206 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,269 / mo

23 Days on Market

Highlights

  • Cottage
  • Cooling Available
  • Ceiling Fan
  • Front Porch
  • Forced Air Heating System
  • Family Room

About This Home

As of August 2022

CALLING ALL INVESTORS! Perfect opportunity to own two turn key rentals or ''house hack'' - live in one, and rent out the other to offset your housing costs! Two homes on one lot, fully renovated, and full of charm- this is a deal for any investor. This property is zoned B1 commercial and could be an office with light modification. 2123 has 3 Bedrooms1.5 bathrooms and is ~1000 sq ft while 2123 1/2 has 2 beds and 1 bathroom and is ~650 sq ft. Both feature new floors, updated mechanicals, new kitchen, tile bathrooms and much more. Market rent for 2123 is about $1600/mo and 2123 1/2 could rent for ~$1,300/mo!Both houses are on the same TMS# - Must be sold together. Owner is also selling 2121 and 2125 Cosgrove. Package discount if you buy them all- $815k separately or $775k all togetherSection 5-3.1. - B-1, Limited business district:
It is the intent of the B-1 zoning district to encourage the formation and continuance of quiet and uncongested neighborhood-scale commercial nodes and corridors, providing compatible professional business offices together with certain residential and neighborhood commercial uses that fulfill the daily needs of the surrounding residents and which will not adversely affect but enhance quality of life in adjacent residential areas by creating an appropriate transition from medium-density commercial into lower-density residential areas.

(a)Permitted uses: The following uses shall be permitted in the B-1 zoning district:1.All uses permitted in the neighborhood office (ON) and the single-family residential zoning district (R-1).2.Establishments providing certain convenience items and services to the public such as:a.Barber shops, beauty shops, nail shops and tanning salons;b.Flower shops, card shops, gift shops, video stores, tobacco shops, bait/tackle shops, news-stands and magazine stands;c.Laundromats and dry cleaning pickup stations;d.Telephone stores, cable TV service stores, internet cafes;e.Grocery stores, convenience stores, pharmacies, health food stores, confectioneries, bakeries, pretzel or cookie shops, where products are sold predominantly at retail;f.Clothing/shoe stores.3.Establishments of a business character providing services of a specialized nature to individuals or other businesses, such as:a.Copying/printing services;b.Post offices, mailing/delivery services;c.Film development establishments;d.Bicycle repair;e.Watch, clock and jewelry repair services.4.Social, cultural and health facilities, including:a.Public and private kindergarten, elementary or secondary schools;b.Adult and child daycare;c.Specialized training schools such as martial arts, yoga, and dance studios;d.Libraries and museums;e.Health clubs and fitness centers;f.Cemeteries;g.Places of worship;h.Public recreational facilities;i.Hospitals and medical clinics;j.Professional, civic, and cultural associations/organizations;k.Nursing homes and assisted-living facilities;l.Veterinary services and pet grooming businesses;m.Artist and photographic studios and art galleries.5.Business and professional offices, such as:a.Legal services such as lawyer's offices, paralegal services and stenographers;b.Government offices;c.Engineering, architecture, planning, and surveying services;d.Financial services such as banks, credit unions, savings and loan companies, mortgage companies, investment counseling, accountants, and appraisers;e.Marketing services such as advertising companies, opinion poll companies, telemarketing companies;f.Insurance companies;g.Real estate offices such as realtors, property managers, and leasing offices.(b)Conditional uses: The following uses shall be permitted on a conditional basis in any B-1 zoning district, subject to the stated conditions:1.Administrative offices of construction firms provided that no trucks, heavy commercial vehicles, equipment, or materials are stored on-site.2.All conditional uses permitted in the R-1 zoning district subject to the conditions stated therein.3.Eating establishments, provided there are no drive-through windows.4.Full-service restaurants provided that:a.The establishments do not operate during hours when meals are not being served,b.The establishments do not offer catered events;c.No "cover" or similar admission charge is collected for entrance;d.Music, whether live or recorded, or indoor or outdoor, is not in violation of the city noise ordinance at section 13-126:e.If located within five hundred (500) feet of a residentially used or zoned parcel, the establishments close by 10:00 p.m.; andf.There are no drive-through windows.5.Up to four (4) multi-family dwelling units provided that: (a) the units are located over commercial uses and (b) parcel is not located within the Dorchester Road Corridor I, Dorchester Road Corridor II, the University Boulevard, or the Ladson Road overlay districts.6.Retail establishments for the sale of furniture, home furnishings, bicycles, or antiques, provided that (a) the establishment does not exceed three thousand (3,000) square feet in size and (b) no more than twenty-five (25) per cent of the total floor area is used for storage/stock rooms.7.Recording studios, provided the building is sound proofed and no noise emanates into adjoining units or properties.8.Parking lots as a principal use provided that no parking spaces designed or designated for semi-tractor-trailers are included.

Last Agent to Sell the Property

Dan Rivers

Maven Realty License #107217 Listed on: 05/23/2022

Co-Listed By

Brandon Sinkler

Maven Realty License #123906

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Asphalt Roof
  • Asbestos

Interior Spaces

  • 1,650 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Family Room
  • Crawl Space
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

  • Nafair Addition Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Cottage
  • Year Built: 1957
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.12
  • Co List Office Phone: 843-817-4431
  • Subdivision Name: Nafair Addition
  • Directions: Come Over The Cosgrave Bridge From West Ashley And Property Is Immediately On Your Right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Location: Ground Level
  • Fireplace: No
  • Interior Amenities: Ceiling - Smooth, Ceiling Fan(s), Family
  • Master Bedroom Features: Ceiling Fan(s)
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Asphalt
  • Lot Features: 0 - .5 Acre, Level
  • Construction Type: Asbestos
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Front Porch
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

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

Condo/Co-op/Association

  • Community Features: Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Jul 29, 2022
Sold by
Lam Investment Llc
Bought by
Putman Adam
Seller's Agent
Dan Rivers
Maven Realty
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%
Current Estimated Value
$387,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,420
Avg. Annual Appreciation
3.65%
Original Mortgage
$333,841
Outstanding Balance
$317,955
Interest Rate
5.7%
Mortgage Type
FHA
Estimated Equity
$69,465

Purchase Details

Closed on
Dec 14, 2021
Sold by
Family Services Inc
Bought by
Lam Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.16%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 26, 2013
Sold by
Southcoast Community Bank
Bought by
Broach Tommy A and Barnett Kirby P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,625
Interest Rate
4.38%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 12, 2011
Sold by
Rew Properties Llc
Bought by
Southcoast Community Bank

Purchase Details

Closed on
Mar 16, 2006
Sold by
Hsmc Llc
Bought by
Rew Properties Llc

Purchase Details

Closed on
Jul 3, 2001
Sold by
Lamberson Gary R and Lamberson Gary
Bought by
Hsmc Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Putman Adam $340,000 --
Lam Investment Llc $290,000 None Listed On Document
Broach Tommy A $111,500 --
Southcoast Community Bank $35,000 --
Rew Properties Llc $408,000 None Available
Hsmc Llc $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Putman Adam $333,841
Previous Owner Lam Investment Llc $100,000
Previous Owner Broach Tommy A $83,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2022 08/12/22 Off Market $340,000 -- --
08/09/2022 08/09/22 Sold $340,000 -2.9% $206 / Sq Ft
06/11/2022 06/11/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $350,000 -- $212 / 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 $2,178 $13,600 $0 $0
2023 $1,992 $13,600 $0 $0
2022 $86 $5,400 $0 $0
2021 $819 $2,410 $0 $0
2020 $813 $2,410 $0 $0
2019 $751 $2,100 $0 $0
2017 $86 $2,100 $0 $0
2016 $672 $2,100 $0 $0
2015 $653 $2,100 $0 $0
2014 $643 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: CHS Regional MLS

MLS Number: 22013423

CHS Regional MLS

APN: 469-11-00-145

Your Personal Tour Guide

Ask me questions while you tour the home.