NOT LISTED FOR SALE

Estimated Value: $1,535,225 - $2,178,000

6 Beds
5 Baths
2,540 Sq Ft
$709/Sq Ft Est. Value

Last Sold July 27, 2020

Last sale price $1,225,000 $482 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $11,695/month

24 Days on Market

Highlights

  • Carriage House
  • High Ceiling
  • Front Porch
  • Wood Flooring
  • Beamed Ceilings
  • 4-minute walk to Elliotborough Park and Community Garden

About This Home

As of July 2020

Excellent opportunity to purchase two 3 bedroom/2.5 bath single-family detached short-term rental dwellings (Indigo Manor & Indigo Mews) on one lot in the heart of Elliotborough and just steps from Upper King St. The property is ideal for investors interested in potentially short-term renting both dwellings ($140-$160k+ income potential) or for an owner-occupant interested in occupying one structure while short-term renting the other. The front structure was renovated from the studs out in 2018-2019 and features all new HVAC, framing, plumbing, roof, and electrical system. The rear structure is new construction and was completed in 2019. Both units have been professionally & tastefully decorated and are being sold fully-furnished to include all appliances, fixtures, and window treatments.The property is zoned General Business in the desirable Short-Term Overlay. Numerous shopping/dining destinations on Upper King Street are within short walking/biking distance as well as MUSC and the College of Charleston.

Last Agent to Sell the Property

Matthew Anderson

The Boulevard Company License #89024 Listed on: 05/19/2020

The Boulevard Company

Last Buyer's Agent

Morgan Paterson

Carolina Elite Real Estate License #112180

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,835

Year Built

  • Built in 1852

Lot Details

  • 3,485

Parking

  • Off-Street Parking

Home Design

  • Carriage House
  • Charleston Architecture
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,540 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Window Treatments
  • Family Room
  • Crawl Space

Kitchen

  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Schools

  • James Simons Elementary School
  • Simmons Pinckney Middle School
  • Burke High School

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Front Porch
  • 3,485 Sq Ft Lot
  • Property is near a bus stop

Community Details

  • Elliotborough Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,835

Year Built

Built in 1852

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Carriage/Kitchen House, Charleston Single
  • Year Built: 1852
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.08
  • Subdivision Name: Elliotborough
  • Directions: Take King St. North From Calhoun St. Turn Left On Line St. Then Right On To St. Philip St. Home Is On Left-hand Side.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: ENERGY STAR Qualified Appliances
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Beamed Ceilings, High Ceilings, Kitchen Island, Family
  • Window Features: Window Treatments
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Architectural
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Front Porch, Porch - Full Front
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street, Other (Use Remarks)

Utilities

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

Condo/Co-op/Association

  • Community Features: Bus Line, Trash

Schools

  • Elementary School: James Simons
  • High School: Burke
  • Middle Or Junior School: Simmons Pinckney

Lot Info

  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4600404011
  • Tax Annual Amount: 1834.51

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2021
Sold by
South Carolina Department Of Trans
Bought by
Elliote James Meyers and Russell Fernando
Current Estimated Value
$1,799,806

Purchase Details

Listed on
May 19, 2020
Closed on
Jul 16, 2020
Sold by
269 St Philip Llc
Bought by
Elliotte James Myers and Paterson Daniel
Seller's Agent
Matthew Anderson
The Boulevard Company
Buyer's Agent
Morgan Paterson
Carolina Elite Real Estate
List Price
$1,225,000
Sold Price
$1,225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2017
Sold by
Franklin Paul D
Bought by
269 St Philip Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
3.94%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 10, 2017
Sold by
Hosey Robert Lee
Bought by
Franklin Paul D

Purchase Details

Closed on
Nov 1, 2005
Sold by
Hosey Robert and Broughton Isabel E
Bought by
Hosey Robert and Franklin Paul D
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
Elliote James Meyers $20,000 None Available
Elliotte James Myers $1,225,000 None Available
269 St Philip Llc -- None Available
Franklin Paul D -- None Available
Hosey Robert $155,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elliotte James Myers $980,000
Previous Owner 269 St Philip Llc $510,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2020 07/27/20 Sold $1,225,000 0.0% $482 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $1,225,000 -- $482 / 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 $21,055 $73,500 $0 $0
2023 $21,055 $73,500 $0 $0
2022 $19,549 $73,500 $0 $0
2021 $19,306 $73,500 $0 $0
2020 $12,800 $48,910 $0 $0
2019 $1,835 $6,390 $0 $0
2017 $1,756 $6,390 $0 $0
2016 $1,701 $6,390 $0 $0
2015 $1,627 $6,390 $0 $0
2014 $1,789 $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: 20013492

CHS Regional MLS

APN: 460-04-04-011