NOT LISTED FOR SALE

Estimated Value: $235,000 - $277,000

9 Beds
2 Baths
1,287 Sq Ft
$200/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $475,000 $369 Per Sq Ft

Est. 46% decrease in value since last sale

Current estimated payment $1,681/month

5 Days on Market

About This Home

As of March 2023

Investors welcome!!! 3 Great properties available in the same neighborhood. The properties are located in highly sought after Dorchester Terrace just minutes from Downtown Charleston, Charleston Airport, Tanger Outlets, and much more. This area is changing rapidly and this is your chance to jump in with equity. All properties are tenant occupied and month to month.

Last Agent to Sell the Property

Mathew Salego

Front Door Realty License #99081 Listed on: 02/03/2023

Last Buyer's Agent

Edmund Major

Flyway Real Estate, LLC License #18354

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,921

Year Built

  • Built in 1943

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • Architectural Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 9 Bedrooms
  • 1,287 Sq Ft Home
  • Crawl Space

Schools

  • Meeting Street Elementary At Brentwood
  • Northwoods Middle School
  • North Charleston High School

Utilities

  • No Cooling
  • No Heating

Community Details

  • Dorchester Terrace Subdivision

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,921

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1943
  • Lot Size Acres: 0.15
  • Subdivision Name: Dorchester Terrace
  • Directions: Dorchester Terrace
  • New Construction: No
  • Structure Type: Single Family Detached
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 9

Exterior Features

  • Roof: Architectural, Asphalt
  • Foundation Details: Crawl Space
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Meeting Street Elementary at Brentwood
  • High School: North Charleston
  • Middle Or Junior School: Northwoods

Lot Info

  • Lot Size Sq Ft: 6534
  • Zoning Description: Conforming
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2023
Closed on
Mar 16, 2023
Sold by
Acacia Group Inc
Bought by
South Town Properties Ii Llc
Seller's Agent
Mathew Salego
Front Door Realty
Buyer's Agent
Edmund Major
Flyway Real Estate, LLC
List Price
$495,000
Sold Price
$475,000
Premium/Discount to List
-$20,000
-4.04%
Current Estimated Value
$257,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$217,657
Avg. Annual Appreciation
-20.86%

Purchase Details

Closed on
Oct 18, 2022
Sold by
Martin Michael
Bought by
Acacia Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
5.89%
Mortgage Type
New Conventional
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
South Town Properties Ii Llc $475,000 None Listed On Document
Acacia Group Llc $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Acacia Group Llc $129,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2023 03/17/23 Sold $475,000 -4.0% $369 / Sq Ft
02/09/2023 02/09/23 Pending -- -- --
02/03/2023 02/03/23 For Sale $495,000 -- $385 / 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 $3,921 $12,720 $0 $0
2023 $3,921 $7,200 $0 $0
2022 $940 $2,780 $0 $0
2021 $934 $2,780 $0 $0
2020 $927 $2,780 $0 $0
2019 $854 $2,420 $0 $0
2017 $789 $2,420 $0 $0
2016 $769 $2,420 $0 $0
2015 $747 $2,420 $0 $0
2014 $725 $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: 23002532

CHS Regional MLS

APN: 411-16-00-370