$525,000
SOLD OCT 26, 2018
6 Beds
-- Bath
2,100 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$250 Per Sq Ft

154 Days on Market

Highlights

  • Cooling Available
  • Wood Siding
  • 4-minute walk to Allan Park
  • Ceiling Fan
  • Heating Available

About This Home

As of August 2024

3 Strawberry Lane is an extensively renovated, turnkey duplex in the center of downtown Charleston. This tenant-ready duplex has been thoroughly renovated throughout. Updates include new roof, HVAC, structural improvements, new wiring, tankless water heaters, insulation, kitchens, bath, flooring, drywall, hardware and fixtures. This property has seen a studs out renovation, all while attempting to salvage as much of the original carpentry as possible. Centrally located is an understatement. The home is minutes to the Crosstown and Ravenel Bridge. It is also a short walk from Hampton Park, a grocery store and multiple restaurants and bars. This duplex could either be rented out by an investor or an owner occupant could live in one unit and rent out the other.Market rental rates in this area will certainly make the owner-occupant's monthly obligation far more manageable. 3/1's in the area of comparable condition are leasing between $2,250-$2,500/mo. There is also ample parking in the rear of the property, which can be problematic for tenants. Electric utilities are separately metered. There is currently only one water meter, but a second water meter can be installed through Charleston Water Systems for a fee.

Last Agent to Sell the Property

Troy Gandee

Maven Realty License #84320 Listed on: 04/18/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,796

Year Built

  • Built in 1940

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Duplex
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 6 Bedrooms
  • 2,100 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space
  • Dishwasher

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 2 Units
  • North Central Subdivision

Listing and Financial Details

  • Tenant pays for electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,796

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1940
  • Lot Size Acres: 0.08
  • Inclusions: No Furniture
  • Subdivision Name: North Central
  • Directions: Heading North On Rutledge, Turn Right Onto Strawberry Lane. Home Is First On Right Past Corner Store.
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Total Bedrooms: 6
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Roof: Asphalt
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Other (Use Remarks)

Utilities

  • Laundry Features: Dryer Connection
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, SCE & G
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 3484.8
  • Zoning Description: Conforming
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Tax Map Number: 4600302055

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2024
Closed on
Aug 16, 2024
Sold by
C & M Residential Llc
Bought by
Londono Jacob Robert
Seller's Agent
Brian Zaks
Riverland Realty
Buyer's Agent
Kyle Norton
The Boulevard Company
List Price
$950,000
Sold Price
$950,000
Views
3
Current Estimated Value
$1,020,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,707
Avg. Annual Appreciation
5.34%
Original Mortgage
$950,000
Outstanding Balance
$942,514
Interest Rate
6.78%
Mortgage Type
VA
Estimated Equity
$54,554

Purchase Details

Closed on
Apr 12, 2023
Sold by
Hattaway Charles
Bought by
C & M Residential Llc

Purchase Details

Closed on
Jun 28, 2022
Sold by
Clh Residential Llc
Bought by
C & M Residential Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 18, 2018
Closed on
Oct 25, 2018
Sold by
Pragma Properties Inc
Bought by
Clh Residential Llc
Seller's Agent
Troy Gandee
Maven Realty
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.97%

Purchase Details

Closed on
Jul 28, 2017
Sold by
Bennett Marie
Bought by
Pragma Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2004
Sold by
Bennett Marie
Bought by
Bennett Marie
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $950,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Deed $600,000 None Listed On Document
Deed $525,000 None Available
Deed $300,000 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $950,000 VA
Closed $950,000 New Conventional
Previous Owner $480,000 New Conventional
Previous Owner $400,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2024 08/21/24 Sold $950,000 0.0% $465 / Sq Ft
08/21/2024 08/21/24 Sold $950,000 0.0% $465 / Sq Ft
07/11/2024 07/11/24 For Sale $950,000 0.0% $465 / Sq Ft
07/11/2024 07/11/24 For Sale $950,000 +81.0% $465 / Sq Ft
10/26/2018 10/26/18 Sold $525,000 -- $250 / 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
2023 $6,796 $30,000 $0 $0
2022 $5,632 $32,100 $0 $0
2021 $8,354 $31,500 $0 $0
2020 $8,293 $31,500 $0 $0
2019 $8,695 $31,500 $0 $0
2017 $689 $4,380 $0 $0
2016 $665 $4,380 $0 $0
2015 $684 $4,380 $0 $0
2014 $628 $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: 18010818

CHS Regional MLS

APN: 460-03-02-055