NOT LISTED FOR SALE

Estimated Value: $1,323,000 - $1,877,111

6 Beds
4 Baths
2,414 Sq Ft
$661/Sq Ft Est. Value

Last Sold December 16, 2016

Last sale price $800,000 $331 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $9,718/month

36 Days on Market

Highlights

  • Central Air
  • Wood Siding
  • Heat Pump System
  • Ceiling Fan
  • Stacked Washer and Dryer
  • 2-minute walk to DeReef Park

About This Home

As of December 2016

This beautiful Charleston Single is zoned CT and one of only a few properties on Morris Street that has correct zoning for short-term rentals! 38 Morris is a duplex offering two 3/2 units just inside the Cannon Elliottborough Neighborhood. The owners recently completed a structural overhaul, replacing sill beams and piers, also rebuilding stairs and steps. They didn't stop there! Check out the landscaped patio area in the courtyard.Other recent improvements include: roof recently repaired, newly installed carpets, bathroom flooring, ceiling fans, and blinds. We almost forget to mention the walnut hardwoods have been refinished.Leases in place until 7.2017 Per owner, gross yearly rents are $65,400.00. Schedule your showing today!

Last Agent to Sell the Property

Jonathan Holt

Keller Williams Realty Charleston West Ashley License #46092 Listed on: 09/21/2016

Keller Williams Realty Charleston West Ashley

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1852

Lot Details

  • 2,178 Sq Ft Lot

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 6 Bedrooms
  • 2,414 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space
  • Stacked Washer and Dryer

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Cannonborough Elliotborough Subdivision

Listing and Financial Details

  • Tenant pays for all utilities

Home Details

Home Type

Single Family

Year Built

Built in 1852

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1852
  • Lot Size Acres: 0.05
  • Inclusions: No Furniture
  • Subdivision Name: Cannonborough-Elliotborough
  • Directions: Turn West Off Of King Street, Cross St. Philip Street, And The Property Is On The Next Block On The Right Before You Reach Coming Street.
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex, Single Family Detached
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, Washer/Dryer Stacked
  • Total Bedrooms: 6
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

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

Garage/Parking

  • Open Parking: No

Utilities

  • Cooling: Central Air
  • Laundry Features: Dryer Connection
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: SCE & G
  • Water Source: Public

Schools

  • Elementary School: Memminger
  • High School: Burke
  • Middle Or Junior School: Courtenay

Lot Info

  • Lot Size Sq Ft: 2178
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 65400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2016
Closed on
Dec 13, 2016
Sold by
Rapp Llc
Bought by
Sloan Robert Todd
Seller's Agent
Jonathan Holt
Keller Williams Realty Charleston West Ashley
Sold Price
$800,000
Current Estimated Value
$1,595,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$795,528
Avg. Annual Appreciation
7.73%
Original Mortgage
$480,000
Outstanding Balance
$387,830
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$1,207,698

Purchase Details

Closed on
Sep 26, 2016
Sold by
Dew John Yates
Bought by
Rapp Llc

Purchase Details

Closed on
Sep 3, 2009
Sold by
Rapp Llc
Bought by
Dew John Yates

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,965
Interest Rate
5.14%
Mortgage Type
Assumption

Purchase Details

Closed on
Apr 27, 2005
Sold by
Altman Jonathan S and Pierce Hunter N
Bought by
Rapp Llc

Purchase Details

Closed on
Apr 10, 2002
Sold by
Reavis George M and Altman Jonathan S
Bought by
Ashe Morris Llc

Purchase Details

Closed on
Mar 13, 2001
Sold by
Reavis George M
Bought by
Altman Jonathan S and Pierce Hunter N

Purchase Details

Closed on
Mar 2, 2001
Sold by
Reavis George M
Bought by
Altman Jonathan S and Pierce Hunter N
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sloan Robert Todd $800,000 None Available
Rapp Llc -- --
Dew John Yates -- --
Rapp Llc -- --
Ashe Morris Llc -- --
Altman Jonathan S $29,500 --
Altman Jonathan S $29,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sloan Robert Todd $480,000
Previous Owner Dew John Yates $224,965
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2016 12/16/16 Sold $800,000 -- $331 / Sq Ft
Source: CHS Regional MLS

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 $15,906 $49,990 $0 $0
2023 $14,387 $49,990 $0 $0
2022 $13,341 $49,990 $0 $0
2021 $13,176 $49,990 $0 $0
2020 $13,079 $49,990 $0 $0
2019 $13,177 $48,000 $0 $0
2017 $12,585 $48,000 $0 $0
2016 $7,613 $29,810 $0 $0
2015 $7,268 $29,810 $0 $0
2014 $6,929 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: CHS Regional MLS

MLS Number: 16025206

CHS Regional MLS

APN: 460-12-01-078

Your Personal Tour Guide

Ask me questions while you tour the home.