T
Seller's Agent in 2023
Tift Mitchell
Tift Properties
(843) 514-8566
3 in this area
71 Total Sales
380 Sumter St Charleston, SC 29403
Westside NeighborhoodEstimated Value: $706,000 - $1,258,072
6
Beds
5
Baths
2,300
Sq Ft
$403/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Cottage
- Central Air
- High Ceiling
- Kitchen Island
- 4-minute walk to Allan Park
About This Home
As of November 2023Situated in Charleston's desirable West Side neighborhood on a quiet residential street is 380 Sumter, a historic and deceptively spacious four-unit property comprising two separate historic houses with two units each. The front cottage features a welcoming front porch overlooking the front garden with a brick border fence that was constructed by longtime resident Mary Wigg in 1945. Apartment A in the front cottage, which was constructed circa 1930, boasts a spacious sitting room featuring original heart pine floors, shiplap paneled millwork and a large picture window overlooking the sunny front garden, plus a custom kitchen, laundry closet, and a large bedroom and bathroom with wainscot paneling and traditional five panel Arts and Crafts style doors. Also in the front cottage andaccessed by a separate rear entrance, unit B is a spacious house unto itself, with a full kitchen with stone-topped island and new appliances and cabinetry, a living room with shiplap paneling, a full bathroom, laundry room, and two well-lit bedrooms with wainscot paneling and generous closet space.
The rear cottage was constructed circa 1935 and is much more spacious than modern Accessory Dwelling Unit zoning would allow on a residential lot, making 380 Sumter Street an ideal income generating property that also boasts historic character. The cottage has board and batten Craftsman siding, new low-maintenance windows, and a deck space that provides outdoor seating between the two houses. Unit C has a beautiful living room with high ceilings, original oak floors, and exposed historic rafters, and a brick fireplace; a full kitchen with washer and dryer; and full bedroom and a large bathroom. Unit D has an open floor plan kitchen and living room with a large island, full bathroom, primary bedroom with ensuite bathroom, and a second room that makes the ideal guest bedroom or home office. Leases renewed for 2024. income apartment A $1600 lease expires 08/31/2024 apartment B $2150.00 with 90 day kick out clause lease exp 07/31/2024 apartment C $1350.00 lease expires 07/31/2024 apartment D $1475.00 lease expires 03/31/2024 expenses property insurance $4,850 property tax $5,096.00 Utilities $2,518.00 Repairs $3,044.00 Landscaping 720.00 Pest $500.00. Check current market rents for 1 and 2 bedroom units downtown
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,054
Year Built
- Built in 1930
Lot Details
- 3,485 Sq Ft Lot
- Wood Fence
Home Design
- Cottage
- Architectural Shingle Roof
- Wood Siding
Interior Spaces
- 2,300 Sq Ft Home
- 1-Story Property
- High Ceiling
- Crawl Space
Kitchen
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Full Bathrooms
Laundry
- Dryer
- Washer
Schools
- James Simons Elementary School
- Simmons Pinckney Middle School
- Burke High School
Utilities
- Central Air
- Heat Pump System
Community Details
- Westside Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 1, 2023
Closed on
Oct 25, 2023
Sold by
380 Sumter St Llc
Bought by
Skover Nickolai V and Slater Mark
Seller's Agent
Tift Mitchell
Tift Properties
Buyer's Agent
Matthew Anderson
The Boulevard Company
List Price
$1,050,000
Sold Price
$980,000
Premium/Discount to List
-$70,000
-6.67%
Total Days on Market
3
Views
185
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$85,087
Avg. Annual Appreciation
-3.77%
Original Mortgage
$693,000
Interest Rate
7.31%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 29, 2017
Sold by
Talbot Management Llc
Bought by
380 Sumter St Llc
Purchase Details
Closed on
Feb 23, 2012
Sold by
Sniderman Lydia C and Sniderman Peter A
Bought by
Talbot Management Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 8, 2006
Sold by
Sniderman Lydia C
Bought by
Talbot Management Llc
Purchase Details
Closed on
Jul 23, 2002
Sold by
Sniderman Peter
Bought by
Sniderman Lydia C
Purchase Details
Closed on
Oct 5, 2001
Sold by
Tollerson Marilyn C
Bought by
Sniderman Peter
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Skover Nickolai V | $990,000 | South Carolina Title | |
| 380 Sumter St Llc | -- | None Available | |
| Talbot Management Llc | -- | -- | |
| Sniderman Lydia C | $229,900 | -- | |
| Talbot Management Llc | -- | None Available | |
| Sniderman Lydia C | -- | -- | |
| Sniderman Peter | $100,720 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Skover Nickolai V | $684,407 | |
| Closed | Skover Nickolai V | $693,000 | |
| Previous Owner | Sniderman Lydia C | $178,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/27/2023 11/27/23 | Sold | $980,000 | -6.7% | $426 / Sq Ft |
| 09/01/2023 09/01/23 | For Sale | $1,050,000 | -- | $457 / Sq Ft |
Source: CHS Regional MLS
Tax History Compared to Growth
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 | $13,054 | $18,240 | $0 | $0 |
| 2022 | $5,096 | $18,240 | $0 | $0 |
| 2021 | $5,036 | $18,240 | $0 | $0 |
| 2020 | $5,001 | $18,240 | $0 | $0 |
| 2019 | $4,587 | $15,860 | $0 | $0 |
| 2017 | $4,392 | $15,860 | $0 | $0 |
| 2016 | $4,256 | $15,860 | $0 | $0 |
| 2015 | $4,212 | $15,860 | $0 | $0 |
| 2014 | $3,531 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tift Mitchell
-
Matthew Anderson
Buyer's Agent in 2023
Matthew Anderson
The Boulevard Company
(843) 437-8386
6 in this area
128 Total Sales
Map
Similar Homes in Charleston, SC
Source: CHS Regional MLS
MLS Number: 23020128
APN: 460-07-02-145
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