40 Grove St Charleston, SC 29403
North Central Neighborhood
3
Beds
--
Bath
1,373
Sq Ft
4,356
Sq Ft Lot
Highlights
- Central Air
- Stacked Washer and Dryer
- 1-Story Property
- Ceiling Fan
- Heat Pump System
About This Home
As of January 2024Back on market due to no fault of seller! Seller is motivated! Fully updated and beautiful duplex property in downtown Charleston. This unique property features two separate structures on the lot. Both structures have their own gas, water, and electric meters and can be addressed separately. The property is eligible for a City of Charleston Category 2 STR permit and the second unit is currently a very successful rental. Both units were taken down to the studs and fully rebuilt with new plumbing and electric in 2017/2018. Newer HVAC in both units. The property features turf grass in the front and back. It has been professionally landscaped to create an oasis in the middle of the city. Do not miss out on this opportunity to have a place to live downtown that can help pay for itself!
Last Agent to Sell the Property
Carolina One Real Estate License #101702 Listed on: 10/24/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,494
Year Built
- Built in 1935
Lot Details
- 4,356 Sq Ft Lot
Parking
- Open Parking
Home Design
- Duplex
- Architectural Shingle Roof
Interior Spaces
- 3 Bedrooms
- 1,373 Sq Ft Home
- 1-Story Property
- Partially Furnished
- Ceiling Fan
- Crawl Space
- Stacked Washer and Dryer
Kitchen
- Gas Cooktop
- <<microwave>>
- Dishwasher
- Disposal
Schools
- James Simons Elementary School
- Simmons Pinckney Middle School
- Burke High School
Utilities
- Central Air
- Heat Pump System
Community Details
Overview
- 2 Units
- North Central Subdivision
Building Details
- Gross Income $60,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 24, 2023
Closed on
Jan 9, 2024
Sold by
Nichols Kyle A
Bought by
John Patrea St
Seller's Agent
Kyle Nichols
Carolina One Real Estate
Buyer's Agent
Nellie Fors
Brand Name Real Estate
List Price
$900,000
Sold Price
$800,000
Premium/Discount to List
-$100,000
-11.11%
Views
127
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
$19,493
Avg. Annual Appreciation
1.61%
Original Mortgage
$150,000
Outstanding Balance
$148,060
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$671,433
Purchase Details
Listed on
Nov 30, 2018
Closed on
Nov 27, 2018
Sold by
Conway Anthony T and Conway Kathryn C
Bought by
Nichols Kyle A
Seller's Agent
Sharyn Nichols
Carolina One Real Estate
Buyer's Agent
Sharyn Nichols
Carolina One Real Estate
List Price
$475,000
Sold Price
$462,690
Premium/Discount to List
-$12,310
-2.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.29%
Original Mortgage
$346,690
Interest Rate
4.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 23, 2016
Closed on
Apr 1, 2016
Sold by
Brown Jeffrey S
Bought by
Conway Anthony T and Conway Kathryn C
Seller's Agent
Chris Tertzagian
EXP Realty LLC
Buyer's Agent
Sharyn Nichols
Carolina One Real Estate
List Price
$159,900
Sold Price
$165,000
Premium/Discount to List
$5,100
3.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.14%
Original Mortgage
$132,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 30, 2000
Sold by
Inez Frazier
Bought by
Brown Jeffrey S
Similar Homes in Charleston, SC
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $800,000 | None Listed On Document | |
| Deed | $462,690 | None Available | |
| Deed | $165,000 | -- | |
| Deed | $40,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $150,000 | New Conventional | |
| Previous Owner | $100,000 | New Conventional | |
| Previous Owner | $420,000 | New Conventional | |
| Previous Owner | $346,690 | New Conventional | |
| Previous Owner | $275,000 | No Value Available | |
| Previous Owner | $132,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/12/2024 01/12/24 | Sold | $800,000 | -5.8% | $583 / Sq Ft |
| 12/13/2023 12/13/23 | Price Changed | $849,000 | -3.5% | $618 / Sq Ft |
| 11/19/2023 11/19/23 | Price Changed | $880,000 | -2.2% | $641 / Sq Ft |
| 10/24/2023 10/24/23 | For Sale | $900,000 | +94.5% | $655 / Sq Ft |
| 11/30/2018 11/30/18 | Sold | $462,690 | -2.6% | $351 / Sq Ft |
| 11/30/2018 11/30/18 | Pending | -- | -- | -- |
| 11/30/2018 11/30/18 | For Sale | $475,000 | +187.9% | $360 / Sq Ft |
| 04/01/2016 04/01/16 | Sold | $165,000 | +3.2% | $181 / Sq Ft |
| 02/24/2016 02/24/16 | Pending | -- | -- | -- |
| 02/23/2016 02/23/16 | For Sale | $159,900 | -- | $176 / 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 | $2,494 | $21,290 | $0 | $0 |
| 2022 | $3,858 | $21,290 | $0 | $0 |
| 2021 | $3,908 | $21,290 | $0 | $0 |
| 2020 | $3,954 | $21,290 | $0 | $0 |
| 2019 | $4,089 | $21,290 | $0 | $0 |
| 2017 | $968 | $6,600 | $0 | $0 |
| 2016 | $1,647 | $4,010 | $0 | $0 |
| 2015 | $1,577 | $6,010 | $0 | $0 |
| 2014 | $1,370 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kyle Nichols
Seller's Agent in 2024
Kyle Nichols
Carolina One Real Estate
(843) 327-8328
1 in this area
24 Total Sales
-
Danielle Nichols
Seller Co-Listing Agent in 2024
Danielle Nichols
Carolina One Real Estate
(843) 425-2583
1 in this area
115 Total Sales
-
Nellie Fors
N
Buyer's Agent in 2024
Nellie Fors
Brand Name Real Estate
(843) 300-8274
1 in this area
16 Total Sales
-
Sharyn Nichols
Seller's Agent in 2018
Sharyn Nichols
Carolina One Real Estate
(843) 884-1800
54 Total Sales
-
Chris Tertzagian
C
Seller's Agent in 2016
Chris Tertzagian
EXP Realty LLC
(843) 270-9399
56 Total Sales
Map
Source: CHS Regional MLS
MLS Number: 23024263
APN: 463-12-03-008
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