NOT LISTED FOR SALE

Estimated Value: $920,000 - $1,595,000

6 Beds
4 Baths
1,855 Sq Ft
$735/Sq Ft Est. Value

Last Sold May 12, 2022

Last sale price $965,000 $520 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $8,612/month

2 Days on Market

Highlights

  • Multiple Fireplaces
  • Wood Flooring
  • Balcony
  • Charleston Architecture
  • High Ceiling
  • 2-minute walk to Elliotborough Park and Community Garden

About This Home

As of May 2022

This turnkey duplex offers a wonderful investment opportunity in the popular Elliotborough neighborhood in downtown Charleston. Both units have been consistently rented for the past 11 years grossing approximately $58,000 annually at approximately $2,400 per unit. They are currently rented through July 2023. The whole home has been updated and well maintained making it truly ready for its next owner. Each unit features three bedrooms and two bathrooms with central living spaces. Outside you'll find a quaint patio in the backyard as well as two great porches and off-street parking. With City approval, there is a possibility to create a bed and breakfast as 22 Percy Street is in the short-term overlay zone. The property is in an X-flood zone, so flood insurance is not required.

Last Agent to Sell the Property

Alexander Brener

Carolina One Real Estate License #109800 Listed on: 03/25/2022

Carolina One Real Estate

Last Buyer's Agent

Alexander Brener

Carolina One Real Estate License #109800 Listed on: 03/25/2022

Carolina One Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,099

Year Built

  • Built in 1852

Lot Details

  • 2,614 Sq Ft Lot
  • Partially Fenced Property

Parking

  • Off-Street Parking

Home Design

  • Charleston Architecture
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,855 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Family Room
  • Combination Dining and Living Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

  • Elliotborough Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,099

Year Built

Built in 1852

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Charleston Single
  • Year Built: 1852
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.06
  • Subdivision Name: Elliotborough
  • Directions: Take Spring Street To Percy Street. Percy Is A Two-way Street.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer/Dryer Stacked
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace Features: Three +
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Ceiling Fan(s), Eat-in Kitchen, Family, Living/Dining Combo, Pantry
  • Master Bedroom Features: Walk-In Closet(s)

Exterior Features

  • Roof: Metal
  • Fencing: Partial
  • Construction Type: Wood Siding
  • Exterior Features: Balcony
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Patio
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

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

Schools

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

Lot Info

  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4600801065
  • Tax Annual Amount: 10099

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
Apr 27, 2022
Sold by
Biarritz Spv I Llc
Bought by
Poli Joseph J
Seller's Agent
Alexander Brener
Carolina One Real Estate
Buyer's Agent
Alexander Brener
Carolina One Real Estate
List Price
$875,000
Sold Price
$965,000
Premium/Discount to List
$90,000
10.29%
Current Estimated Value
$1,362,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,928
Avg. Annual Appreciation
12.60%
Original Mortgage
$656,250
Outstanding Balance
$623,547
Interest Rate
5.11%
Estimated Equity
$819,166

Purchase Details

Listed on
Apr 23, 2019
Closed on
Oct 31, 2019
Sold by
Hardtack Properties Llc
Bought by
Biarritz Spv I Llc
Seller's Agent
Marshall Walker
Marshall Walker Real Estate
Sold Price
$665,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.86%
Original Mortgage
$532,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2013
Sold by
Tomlinson Ian
Bought by
Hardtrack Properties Llc

Purchase Details

Closed on
Apr 4, 2008
Sold by
Hudson Holly
Bought by
Tomlinson Ian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,075
Interest Rate
6.08%
Mortgage Type
Construction
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
Poli Joseph J $965,000 Dodds Hennessy & Sitith Llp
Biarritz Spv I Llc $665,000 None Available
Hardtrack Properties Llc -- --
Tomlinson Ian $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poli Joseph J $656,250
Previous Owner Biarritz Spv I Llc $532,000
Previous Owner Tomlinson Ian $294,075
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $965,000 +10.3% $520 / Sq Ft
03/27/2022 03/27/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $875,000 +31.6% $472 / Sq Ft
11/01/2019 11/01/19 Sold $665,000 -- $358 / 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 $16,630 $57,900 $0 $0
2023 $16,630 $57,900 $0 $0
2022 $10,225 $38,190 $0 $0
2021 $10,099 $38,190 $0 $0
2020 $10,025 $38,190 $0 $0
2019 $5,105 $18,280 $0 $0
2017 $4,879 $18,280 $0 $0
2016 $4,723 $18,280 $0 $0
2015 $4,511 $18,280 $0 $0
2014 $3,888 $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: 22007354

CHS Regional MLS

APN: 460-08-01-065