B
Seller's Agent in 2019
Brad Haynes
East Islands Real Estate
(843) 810-0571
8 in this area
26 Total Sales
Estimated Value: $1,632,000 - $2,053,000
Wonderful 4br 3ba home located on a quiet street just two short blocks from the beach with convenient beach access right next door. This home, sold completely furnished with the exception of a few personal items, would make an excellent primary residence, second home, or rental property. The large living room, with wood burning fireplace, and another family area, offers plenty of comfortable space for family time. Relax or eat on the screened porch shaded by live oaks, and, on quiet evenings, if the wind is right, listen to the sounds of the ocean. The back yard is fully fenced in, and a large driveway with pull out can accommodate several cars and even a boat and trailer. The island marina, boat ramp, and the fantastic Morgan Creek Grill are about a minute away. Convenient to Isle of....Palms & Sullivan's Island shopping, restaurants and live entertainment, and just minutes away, across the salt marsh, from a major shopping complex with multiplex cinemas in Mt. Pleasant. Tennis and basketball courts and a children's playground are nearby at the island recreation center. A 20 minute drive puts you in downtown Charleston with many historic and cultural attractions. Enjoy shopping, world class dining, walks and beautiful old homes in one of America's premier destinations. Exterior trim on the house was just painted in Apr'18. Seller will give the buyer a $1,000 credit toward a new front door.
A long standing management company on the island believes the house could get over $55,000/year in rental income, and, if the house had a pool, the buyers could expect to add roughly $20,000/year. Also, if a buyer went in and updated the house(kitchen and bathrooms) and added a pool, then they think the house could gross closer to $100,000 per year. The management company also said they generate, on average, 10% more rental income on top of these projected numbers.
Please contact us for a detailed rental projection.
Last Agent to Sell the Property
East Islands Real Estate License #47427 Listed on: 04/23/2018
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Wright Kandie A | $735,000 | None Available | |
Montgomery John E | $485,000 | -- | |
Johnson George W | $310,750 | -- |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Wright Patrick M | $548,250 | |
Closed | Wright Kandie A | $587,200 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/28/2019 03/28/19 | Sold | $735,000 | 0.0% | $303 / Sq Ft |
02/26/2019 02/26/19 | Pending | -- | -- | -- |
04/22/2018 04/22/18 | For Sale | $735,000 | -- | $303 / Sq Ft |
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 | $10,267 | $44,100 | $0 | $0 |
2023 | $10,267 | $44,100 | $0 | $0 |
2022 | $9,655 | $44,100 | $0 | $0 |
2021 | $9,547 | $44,100 | $0 | $0 |
2020 | $9,417 | $44,100 | $0 | $0 |
2019 | $7,822 | $34,640 | $0 | $0 |
2017 | $7,469 | $34,640 | $0 | $0 |
2016 | $7,172 | $34,640 | $0 | $0 |
2015 | $6,827 | $34,640 | $0 | $0 |
2014 | $5,801 | $0 | $0 | $0 |
2011 | -- | $0 | $0 | $0 |
B
Seller's Agent in 2019
Brad Haynes
East Islands Real Estate
(843) 810-0571
8 in this area
26 Total Sales
M
Buyer's Agent in 2019
Mary Ann Walsh
EXP Realty LLC
(888) 440-2798
1 in this area
15 Total Sales
Source: CHS Regional MLS
MLS Number: 18011279
APN: 571-11-00-061