NOT LISTED FOR SALE

Estimated Value: $951,000 - $1,040,000

2 Beds
2.5 Baths
1,206 Sq Ft
$813/Sq Ft Est. Value

Last Sold March 30, 2021

Last sale price $540,000 $448 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,424/month

15 Days on Market

Highlights

  • Traditional Architecture
  • High Ceiling
  • Walk-In Closet
  • Wood Flooring
  • Thermal Windows
  • 1-minute walk to Simonton Park

About This Home

As of March 2021

Gathering at Morris Square is a unique urban neighborhood in a prime downtown location. 40 Dereef Court is a 2 bedroom, 2.5 bath home built less than 5 years ago that feels brand new. Upon entering, you will be invited by the abundance of windows, and the light that comes into the rooms. High end finishes are throughout: spotless bamboo flooring, quartz countertops, stainless appliances, gas range and crisp white custom cabinetry. The first floor includes an inviting living area that flows into the kitchen, dining area and powder room. You'll love the 9' ceilings and recessed lighting throughout the home!Up the stairs, you'll find the large master bedroom with tons of natural light and en suite bathroom complete with a generous sized walk-in shower and ample closet. A nicely sized guest bedroom is on the third floor, with its own full bathroom. Each bathroom has quartz counters and high-end tile, and glass shower door.
The ground floor contains a one car garage, room for storage, and an additional spot for off-street parking. Laundry is on second floor (with newer stackable unit). Walk everywhere! With a walkability score of 94, you have tons of award-winning restaurants and bars with rooftop decks within steps of this home off King, Spring & Cannon, and more. 3 blocks to MUSC, 3 blocks to Upper King, 5 blocks to College of Charleston. 10 minute bike ride to the Battery, or to the Riverdogs stadium. Weekly landscaping covered through the $50 monthly HOA. Dereef Park is over an acre and maintained by the City of Charleston. With the new park being built right behind this home on Smith Street you are surrounded by green space. This is the perfect location, and this home is absolutely turnkey being offered furnished. Don't miss a rare opportunity to own a piece of the new Charleston peninsula.

Last Agent to Sell the Property

Joe Porter

Lighthouse Real Estate, LLC License #70601 Listed on: 01/31/2021

Co-Listed By

Claire Porter

Lighthouse Real Estate, LLC License #104396

Last Buyer's Agent

Danielle Nichols

Carolina One Real Estate License #72567

Carolina One Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,857

Year Built

  • Built in 2016

Lot Details

  • 871 Sq Ft Lot
  • Level Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Metal Roof
  • Cement Siding

Interior Spaces

  • 1,206 Sq Ft Home
  • 3-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Window Treatments
  • Insulated Doors
  • Combination Dining and Living Room
  • Dishwasher
  • Stacked Washer and Dryer

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Community Details

Overview

  • Morris Square Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,857

Year Built

Built in 2016

Lot Details

0

HOA Fees

$50 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 2016
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.02
  • Co List Office Mls Id: 9457
  • Co List Office Phone: 843-860-3238
  • Ownership: Fee Simple
  • Subdivision Name: Morris Square
  • Directions: Morris St (between Smith & Felix) To Dereef Ct At Morris Square. Veer Right, Property Is At North End Of The Circle.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: 3 Stories
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 3
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer/Dryer Stacked
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Some Thermal Door(s)
  • Entry Location: Ground Level
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Walk-In Closet(s), Living/Dining Combo
  • Window Features: Some Thermal Wnd/Doors, Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Walk-In Closet(s)

Exterior Features

  • Roof: Metal
  • Lot Features: 0 - .5 Acre, Level
  • Construction Type: Cement Plank
  • Foundation Details: Raised
  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: No
  • Parking Features: 1 Car Garage, Off Street
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Dryer Connection
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, Dominion Energy
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Trash
  • Association Fee: 150
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 871.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4601201200
  • Tax Annual Amount: 2856.52

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2021
Closed on
Mar 30, 2021
Sold by
Barto Richard M
Bought by
Ealy Maureen Constance
Seller's Agent
Joe Porter
Lighthouse Real Estate, LLC
Buyer's Agent
Danielle Nichols
Carolina One Real Estate
List Price
$539,000
Sold Price
$540,000
Premium/Discount to List
$1,000
0.19%
Current Estimated Value
$968,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,357
Avg. Annual Appreciation
13.74%
Original Mortgage
$486,000
Outstanding Balance
$442,224
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$506,932

Purchase Details

Listed on
Jun 27, 2017
Closed on
Nov 20, 2017
Sold by
The Gathering At Morris Square Llc
Bought by
Barto Richard M
Seller's Agent
Cuyler Applegate
Applegate Real Estate
Buyer's Agent
Brianna Stello
Applegate Real Estate
List Price
$469,950
Sold Price
$469,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%
Original Mortgage
$352,463
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2013
Sold by
The Gathering At Morris Square Llc
Bought by
City Of Charleston
Source: Public Records

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
Ealy Maureen Constance $540,000 None Available
Barto Richard M $469,950 None Available
City Of Charleston -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ealy Maureen Constance $486,000
Previous Owner Barto Richard M $352,463
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2021 03/30/21 Sold $540,000 +0.2% $448 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
01/31/2021 01/31/21 For Sale $539,000 +14.7% $447 / Sq Ft
11/20/2017 11/20/17 Sold $469,950 0.0% $390 / Sq Ft
10/21/2017 10/21/17 Pending -- -- --
06/27/2017 06/27/17 For Sale $469,950 -- $390 / 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 $2,815 $21,600 $0 $0
2023 $2,815 $21,600 $0 $0
2022 $2,629 $21,600 $0 $0
2021 $7,758 $29,370 $0 $0
2020 $7,701 $29,370 $0 $0
2019 $7,750 $28,170 $0 $0
2017 $6,866 $26,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 21002558

CHS Regional MLS

APN: 460-12-01-200