NOT LISTED FOR SALE

Estimated Value: $577,000 - $690,821

3 Beds
2 Baths
2,324 Sq Ft
$273/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $325,000 $140 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,693/month

23 Days on Market

Highlights

  • Cooling Available
  • Forced Air Heating System
  • 1-Story Property
  • Murray-LaSaine Montessori School Rated A-
  • Ceiling Fan

About This Home

As of October 2018

Just over the bridge from downtown Charleston and located close to the Terrace Theater, dining, and shopping, you will find this EXCELLENT investment opportunity right off of Maybank. This duplex features mirrored units of 1162 sq ft (2324 total). Each unit has 3 bedrooms, 1 bathroom and has separate living and dining spaces. Each kitchen has a dishwasher as well as a washer and dryer (all appliances convey). Roof was new in 2013. Each unit has a separate fenced in backyard and its own storage shed. Each side has a 2+ car driveway. Excellent rental history. The current tenants just signed year long leases in July. The current total home rental is 2650. (One side 1350, the other 1300). Both could rent for $1350 in the future, but one side was grandfathered into lower price for thisterm. Tenants pay all utilities. Many appliances replaced in recent years. One tub/shower replaced with insert and new fixtures in 2018. With a cap rate of 7% this is an great income producing opportunity. Showing times are blocked afternoons from 2-5. Request 24 hour notice.

Last Agent to Sell the Property

Stella Tuten

Keller Williams Realty Charleston West Ashley License #103990 Listed on: 09/08/2018

Keller Williams Realty Charleston West Ashley

Last Buyer's Agent

Adrienne Hamby

Steward Charleston Realty, LLC License #99876

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,986

Year Built

  • Built in 1968

Lot Details

  • 0.38 Acre Lot

Parking

  • Open Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation
  • Architectural Shingle Roof
  • Stucco

Interior Spaces

  • 3 Bedrooms
  • 2,324 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • Murray Lasaine Elementary School
  • Camp Road Middle School
  • James Island Charter High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

  • 2 Units
  • Pecan Grove Subdivision

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,986

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1968
  • Lot Size Acres: 0.38
  • Inclusions: No Furniture
  • Subdivision Name: Pecan Grove
  • Directions: From Charleston, Turn Onto Maybank Hwy., Turn Left Onto Howle Avenue. Duplex Is Down The Road On The Right
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Washer
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Roof: Architectural
  • Construction Type: Brick, Brick Veneer, Stucco
  • 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: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: James IS PSD, SCE & G
  • Water Source: Public

Schools

  • Elementary School: Murray Lasaine
  • High School: James Island Charter
  • Middle Or Junior School: Camp Road

Lot Info

  • Lot Size Sq Ft: 16552.8
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Map Number: 3430700015

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2020
Sold by
Hamby Brannon H and Hamby Adrienne Nancy
Bought by
Madigan Rebecca Anne
Current Estimated Value
$633,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,259
Outstanding Balance
$299,656
Interest Rate
3.4%
Mortgage Type
FHA
Estimated Equity
$334,299

Purchase Details

Listed on
Sep 8, 2018
Closed on
Oct 30, 2018
Sold by
Steinberger John L and Steinberger Robin V
Bought by
Hamby Brannon H and Hamby Adrienne Nancy
Seller's Agent
Stella Tuten
Keller Williams Realty Charleston West Ashley
Buyer's Agent
Adrienne Hamby
Steward Charleston Realty, LLC
List Price
$345,000
Sold Price
$325,000
Premium/Discount to List
-$20,000
-5.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%
Original Mortgage
$195,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2013
Sold by
Hart Properties X 3 Llc
Bought by
Steinberger John L and Steinberger Robin

Purchase Details

Closed on
Oct 27, 2011
Sold by
Hart John C Barry and Hart Richard P
Bought by
Hart Properties X 3 Llc

Purchase Details

Closed on
May 30, 2002
Sold by
Swink Hazelmyer Miriam Ethel
Bought by
Hart John C Barry and Hart Richard P
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
Madigan Rebecca Anne $344,500 None Available
Hamby Brannon H $325,000 None Available
Steinberger John L $260,000 --
Hart Properties X 3 Llc -- --
Hart John C Barry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madigan Rebecca Anne $338,259
Previous Owner Hamby Brannon H $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2018 10/31/18 Sold $325,000 -5.8% $140 / Sq Ft
10/02/2018 10/02/18 Pending -- -- --
09/08/2018 09/08/18 For Sale $345,000 -- $148 / 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 $3,986 $17,250 $0 $0
2023 $3,986 $17,250 $0 $0
2022 $3,659 $17,250 $0 $0
2021 $3,669 $17,250 $0 $0
2020 $5,019 $16,250 $0 $0
2019 $5,358 $19,500 $0 $0
2017 $4,061 $15,600 $0 $0
2016 $3,927 $15,600 $0 $0
2015 $3,809 $15,600 $0 $0
2014 $3,704 $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: 18025244

CHS Regional MLS

APN: 343-07-00-015