NOT LISTED FOR SALE

Estimated Value: $1,166,000 - $1,739,290

6 Beds
2 Baths
2,184 Sq Ft
$657/Sq Ft Est. Value

Last Sold January 12, 2018

Last sale price $800,000 $366 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $8,648/month

1 Day on Market

Highlights

  • Cooling Available
  • Wood Siding
  • 3-minute walk to Elliotborough Park and Community Garden
  • Forced Air Heating System

About This Home

As of January 2018

Rental income producing property consisting of 2 units. Downstairs is a 2 bed 1 bath and up is a 4 bedroom 2 bath.Property was renovated about 10 years ago and has had solid and almost continuous occupancy since. Condition is good to excellent.Parking is adequate and can fit 3 cars easily and more with tenant cooperation. Walking distance to may area conveniences.

Last Agent to Sell the Property

Marshall Walker

Marshall Walker Real Estate License #43542 Listed on: 10/19/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1852

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • 2 Car Garage
  • Open Parking

Home Design

  • Duplex
  • Asphalt Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 6 Bedrooms
  • 2,184 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

Overview

  • 2 Units
  • Elliottborough Subdivision

Building Details

  • Operating Expense $7,000
  • Gross Income $62,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1852

Lot Details

3,485 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1852
  • Lot Size Acres: 0.08
  • Subdivision Name: Elliottborough
  • Directions: Coming To Just Past Bogard On Right
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bedrooms: 6

Exterior Features

  • Roof: Asphalt, 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, Other (Use Remarks)
  • Total Parking Spaces: 2

Utilities

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

Schools

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

Lot Info

  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 62400
  • Annual Operating Expense: 7000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2019
Sold by
Port City Properties & Rentals Llc
Bought by
Dtp Charleston Llc
Current Estimated Value
$1,434,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,282,500
Outstanding Balance
$2,874,578
Interest Rate
3.8%
Mortgage Type
Commercial
Estimated Equity
-$1,440,255

Purchase Details

Listed on
Oct 19, 2017
Closed on
Jan 10, 2018
Sold by
Hardtack Properties Llc
Bought by
Port City Properties & Rentals Llc
Seller's Agent
Marshall Walker
Marshall Walker Real Estate
Sold Price
$800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$2,835,000
Interest Rate
3.93%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 1, 2014
Sold by
Tomlinson Ian and Sutton Kirsty
Bought by
Hardtack Properties Llc

Purchase Details

Closed on
Jan 6, 2006
Sold by
Dorothys Home For Funerals Inc
Bought by
Tomlinson Ian
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dtp Charleston Llc -- None Available
Port City Properties & Rentals Llc $800,000 None Available
Hardtack Properties Llc -- --
Tomlinson Ian $310,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dtp Charleston Llc $3,282,500
Previous Owner Port City Properties & Rentals Llc $2,835,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2018 01/12/18 Sold $800,000 -- $366 / 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 $13,233 $41,400 $0 $0
2023 $11,951 $41,400 $0 $0
2022 $11,072 $41,400 $0 $0
2021 $10,936 $41,400 $0 $0
2020 $10,856 $41,400 $0 $0
2019 $9,918 $36,000 $0 $0
2017 $5,357 $20,120 $0 $0
2016 $5,184 $20,120 $0 $0
2015 $4,951 $20,120 $0 $0
2014 $4,263 $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: 17028541

CHS Regional MLS

APN: 460-08-02-065

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