NOT LISTED FOR SALE

Estimated Value: $993,000 - $1,372,000

2 Beds
2.5 Baths
1,519 Sq Ft
$780/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $925,000 $609 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $7,504/month

13 Days on Market

Highlights

  • Deck
  • High Ceiling
  • Property is near a bus stop
  • Wood Flooring
  • Eat-In Kitchen
  • 2-minute walk to Barnet Courtyard

About This Home

As of October 2021

Like no other loft-style residences in Charleston! Davidson Lofts is an elegant, urban, above-street transformation of one of the city's most notable antebellum buildings. Renowned as the graceful American Hotel in the late 1800's, and owned by the Davidson brothers of London for most of the 20th Century, the corner building is known for its well-preserved Tuscan facade details. The Davidson Lofts feature the finest fit, finish and location of any address along the King Street corridor. These residences include the highest quality contemporary fixtures, materials and appliances yet still retain the classic exposed brick walls, 9 foot ceilings, and operable windows. The large gourmet kitchens feature custom cabinetry, French limestone countertops, Thermador gas ranges. This unit comes witha deeded parking space

Last Agent to Sell the Property

Matthew Quinn

Charleston Real Estate Group License #61168 Listed on: 08/24/2021

Last Buyer's Agent

Benjamin Swindell

Smith Spencer Real Estate License #104581

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,924

Year Built

  • Built in 1850

Lot Details

  • 0.51

Home Design

  • Brick Foundation
  • Raised Foundation
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,519 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Smooth Ceilings
  • High Ceiling
  • Combination Dining and Living Room
  • Fire Sprinkler System

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Memminger Elementary School
  • Courtenay Middle School
  • Burke High School

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Deck
  • Level Lot
  • Property is near a bus stop

Community Details

  • Downtown Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,924

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1850
  • Property Sub Type: Single Family Attached
  • Subdivision Name: Downtown
  • Directions: Located On The Corner Of George And King Streets. Unit Is Above Pottery Barn. Building Entrance Is Located To The Right Of Grady Ervin.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Condo Regime
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Elevator, Eat-in Kitchen, Living/Dining Combo
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Built-Up
  • Lot Features: Level
  • Construction Type: Brick, Stucco
  • Foundation Details: Raised
  • Patio And Porch Features: Deck
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Other (Use Remarks)

Utilities

  • Cooling: Central Air
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • 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: Memminger
  • High School: Burke
  • Middle Or Junior School: Courtenay

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4570404274

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Oct 21, 2021
Sold by
Michrae Holdings Llc
Bought by
Barnes William Bradley and Salvato Carl Michael
Seller's Agent
Matthew Quinn
Charleston Real Estate Group
Buyer's Agent
Benjamin Swindell
Smith Spencer Real Estate
List Price
$925,000
Sold Price
$925,000
Current Estimated Value
$1,185,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,440
Avg. Annual Appreciation
4.42%
Original Mortgage
$740,000
Outstanding Balance
$689,358
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$406,347

Purchase Details

Closed on
Apr 2, 2021
Sold by
Michare Holidngs Llc
Bought by
Michrae 2021 Reserve Exchange Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
May 3, 2018
Closed on
Apr 15, 2019
Sold by
319 King Llc
Bought by
Michrae Holdings Llc
Seller's Agent
Matthew Quinn
Charleston Real Estate Group
Buyer's Agent
Non Member
NON MEMBER
List Price
$830,000
Sold Price
$830,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.41%
Original Mortgage
$747,000
Interest Rate
4.3%
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
Barnes William Bradley $925,000 None Listed On Document
Michrae Holdings Llc $925,000 None Listed On Document
Michrae 2021 Reserve Exchange Llc -- None Available
Michrae Holdings Llc $780,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michrae Holdings Llc $740,000
Previous Owner Michrae 2021 Reserve Exchange Llc $1,100,000
Previous Owner Michrae Holdings Llc $747,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2021 10/27/21 Sold $925,000 0.0% $609 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $925,000 +11.4% $609 / Sq Ft
04/19/2019 04/19/19 Sold $830,000 0.0% $546 / Sq Ft
03/20/2019 03/20/19 Pending -- -- --
05/03/2018 05/03/18 For Sale $830,000 -- $546 / 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 $14,924 $50,100 $0 $0
2023 $14,924 $50,100 $0 $0
2022 $13,895 $50,100 $0 $0
2021 $12,303 $46,800 $0 $0
2020 $12,212 $46,800 $0 $0
2019 $8,682 $31,600 $0 $0
2017 $8,292 $31,600 $0 $0
2016 $8,021 $31,600 $0 $0
2015 $7,655 $31,600 $0 $0
2014 $6,577 $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: 21023196

CHS Regional MLS

APN: 457-04-04-274