NOT LISTED FOR SALE

Estimated Value: $251,000 - $343,291

5 Beds
2 Baths
1,516 Sq Ft
$206/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $325,000 $214 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,107/month

89 Days on Market

Highlights

  • Property is near a bus stop
  • Ceiling Fan
  • Asbestos
  • Central Air
  • 2 Car Garage
  • Community Storage Space

About This Home

As of August 2023

CALLING ALL INVESTORS & HOUSE HACKERS! This rare Multi Family opportunity in the Waylyn subdivision is what you've been looking for. The property consists of a 3-bedroom, 1 bath single family home and a detached 2-bedroom 1 bath apartment that sits above a two-car garage / storage space. Comparable 2- and 3-bedroom homes rent for up to $1200 and $1600 per month for a potential gross monthly rent of $2,800. The two-car garage space can be finished / rented as well for a VALUE ADD. Recent updates include roof, HVAC, windows, flooring, paint, and fixtures. The Waylyn subdivision is centrally located with easy access to I-26, minutes from downtown Charleston, Park Circle, and West Ashley.

Last Agent to Sell the Property

Joe Porter

Lighthouse Real Estate, LLC License #70601 Listed on: 04/13/2023

Co-Listed By

Claire Porter

Lighthouse Real Estate, LLC License #104396

Last Buyer's Agent

Vikki Matsis

Brand Name Real Estate License #81879

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,953

Year Built

  • Built in 1945

Lot Details

  • 6,098

Parking

  • 2 Car Garage
  • Open Parking

Home Design

  • Architectural Shingle Roof
  • Asbestos

Interior Spaces

  • 5 Bedrooms
  • 1,516 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space
  • Dishwasher

Schools

  • Burns Elementary School
  • Northwoods Middle School
  • North Charleston High School

Utilities

  • Central Air
  • Heating Available

Additional Features

  • 6,098 Sq Ft Lot
  • Property is near a bus stop

Listing and Financial Details

  • Tenant pays for all utilities

Community Details

Overview

  • 2 Units
  • Waylyn Subdivision

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,953

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1945
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: 9457
  • Co List Office Phone: 843-860-3238
  • Subdivision Name: Waylyn
  • Directions: Dorchester Rd To Ranger Dr, Property Will Be On Right
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Other, Single Family Detached
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Total Bedrooms: 5
  • Entry Location: Ground Level
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Roof: Architectural
  • Construction Type: Asbestos
  • Foundation Details: Crawl Space, See Remarks
  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Car, Garage
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Community Features: Bus Line, Storage

Schools

  • Elementary School: Burns
  • High School: North Charleston
  • Middle Or Junior School: Northwoods

Lot Info

  • Lot Size Sq Ft: 6098.4
  • Zoning Description: Conforming
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Map Number: 4110800084

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
Aug 9, 2023
Sold by
Arem Timothy G
Bought by
Charleston Housing Company Llc
Seller's Agent
Joe Porter
Lighthouse Real Estate, LLC
Buyer's Agent
Vikki Matsis
Brand Name Real Estate
List Price
$325,000
Sold Price
$325,000
Views
132
Current Estimated Value
$294,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,776
Avg. Annual Appreciation
-4.22%

Purchase Details

Closed on
Sep 10, 2018
Sold by
3W Investments Llc
Bought by
Arem Timothy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,250
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Charleston Housing Company Llc $325,000 None Listed On Document
Arem Timothy G $119,000 Cooperative Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arem Timothy G $89,250
Previous Owner 3 W Investments Llc $161,834
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2023 08/10/23 Sold $325,000 0.0% $214 / Sq Ft
07/05/2023 07/05/23 Price Changed $325,000 -1.5% $214 / Sq Ft
06/23/2023 06/23/23 Price Changed $330,000 -1.5% $218 / Sq Ft
05/07/2023 05/07/23 Price Changed $335,000 +3.1% $221 / Sq Ft
04/13/2023 04/13/23 For Sale $325,000 -- $214 / 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 $5,953 $19,500 $0 $0
2023 $5,953 $7,140 $0 $0
2022 $2,187 $7,140 $0 $0
2021 $2,171 $7,140 $0 $0
2020 $2,153 $7,140 $0 $0
2019 $2,227 $7,140 $0 $0
2017 $922 $2,760 $0 $0
2016 $898 $2,760 $0 $0
2015 $873 $2,760 $0 $0
2014 $816 $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: 23008109

CHS Regional MLS

APN: 411-08-00-084