NOT LISTED FOR SALE

Estimated Value: $1,240,000 - $2,080,000

5 Beds
5 Baths
2,804 Sq Ft
$562/Sq Ft Est. Value

Last Sold October 12, 2018

Last sale price $950,000 $339 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $10,098/month

72 Days on Market

Highlights

  • Cooling Available
  • Wood Siding
  • 4-minute walk to Elliotborough Park and Community Garden
  • Forced Air Heating System

About This Home

As of October 2018

Fabulous opportunity in Cannonborough-Elliottborough neighborhood of the lower Peninsula of Charleston. This property features 2 single family homes on one TMS#. The rear home is a Randolf Martz designed home built by Ian Tomlinson in approximately 2004. This home features about 45 windows with a reverse floorplan showcasing the upper level master bedroom and rooftop deck. Brazilian cherry floors, tile bathrooms, working fireplace, gourmet kitchen round out this unit very well This unit is currently rented at $3400 per month.The front home, built in approximately 1890, was resurrected in about 2005. This home features 2 bedroom and 1.5 bath. Open floorplan down with pine floors and nice finishes. Strong rental history at $2400 per month. Currently available Aug 1 at $2600.Both homes are in good to excellent condition and would be a fabulous addition to an income portfolio or live in one unit while the second helps pay the mortgage! Call your agent to set up a showing today!

Last Listed By

Marshall Walker

Marshall Walker Real Estate License #43542 Listed on: 07/06/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,375

Year Built

  • Built in 1890

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Wood Siding

Interior Spaces

  • 5 Bedrooms
  • 2,804 Sq Ft Home
  • 2-Story Property

Schools

  • Mitchell Elementary School
  • Simmons Pinckney Middle School
  • Burke High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for all utilities

Community Details

Overview

  • 2 Units
  • Elliottborough Subdivision

Building Details

  • Operating Expense $12,231
  • Gross Income $60,880
  • Net Operating Income $48,649

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,375

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1890
  • Lot Size Acres: 0.08
  • Subdivision Name: Elliottborough
  • Directions: Bogard Street Between St. Phillip And Coming
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Other, Single Family Detached
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bedrooms: 5

Exterior Features

  • Roof: See Remarks
  • Construction Type: Wood Siding
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Other (Use Remarks)

Utilities

  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, SCE & G
  • Water Source: Public

Schools

  • Elementary School: Mitchell
  • High School: Burke
  • Middle Or Junior School: Simmons Pinckney

Lot Info

  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Map Number: 4600802056

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 60880
  • Property Net Operating Income: 48649
  • Annual Operating Expense: 12231

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2018
Closed on
Dec 10, 2018
Sold by
Hardtack Properties Llc
Bought by
4 Bogard Street Llc
Seller's Agent
Marshall Walker
Marshall Walker Real Estate
Sold Price
$950,000
Total Days on Market
72
Current Estimated Value
$1,575,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$625,162
Avg. Annual Appreciation
5.46%

Purchase Details

Closed on
Apr 1, 2014
Sold by
Tomlinson Ian and Sutton Kirsty
Bought by
Hardtack Properties Llc

Range of Values:

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Average Value
Not Available
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
4 Bogard Street Llc $950,000 None Available
Hardtack Properties Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2018 10/12/18 Sold $950,000 -- $339 / 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
2023 $16,375 $57,000 $0 $0
2022 $140 $57,000 $0 $0
2021 $15,004 $57,000 $0 $0
2020 $14,894 $57,000 $0 $0
2019 $15,621 $57,000 $0 $0
2017 $5,058 $18,970 $0 $0
2016 $4,896 $18,970 $0 $0
2015 $4,676 $18,970 $0 $0
2014 $4,030 $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: 18019167

CHS Regional MLS

APN: 460-08-02-056