NOT LISTED FOR SALE

411 W Cheves St Florence, SC 29501

Estimated Value: $112,306

Studio
-- Bath
1,680 Sq Ft
$67/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $125,000 $74 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $830/month

3 Days on Market

About This Home

As of December 2020

DOWNTOWN FLORENCE Live Work Duplex!!! Rare opportunity to find a well maintained fully occupied duplex in the heart of the downtown redevelopment district. Town House style duplex with a unit up and down. Currently rented to two residential units but has ability to be rented for commercial purposes as well. Located directly between two major City redevelopment projects, Circle School building and the Mega Block re-development. Walking distance to all that downtown has to offer.

Last Agent to Sell the Property

John DeBerry

Griggs, Floyd, and Grantham In License #41520 Listed on: 11/13/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 3,920

Home Design

  • Duplex
  • Brick Veneer

Interior Spaces

  • 1,680 Sq Ft Home
  • 2-Story Property

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • Briggs Elementary School
  • Williams Middle School
  • Wilson High School

Additional Features

  • 3,920 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units
  • City Subdivision

Listing and Financial Details

  • The owner pays for insurance, sewer, taxes, water
  • Assessor Parcel Number 90074-04-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Construction: Brick Veneer
  • Lvt Date: 11/13/2020
  • Type: Duplex
  • Year Built: 1935
  • Agent Only_ L A1 User Code: 570
  • Second Address Number: 411
  • Geo Longitude: -79.772908
  • OFFICELIST_STATE: SC
  • FILLSUBDIVISION: CITY
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Price Per Sq Ft: 74.4
  • Number Of Stories: 2
  • Total Approx Sq Ft: 1680

Garage/Parking

  • Parking: On Street, Off Street

Utilities

  • Cooling System: Central Air
  • Heating System: Central
  • Sewer: Public Sewer
  • Water: Public Water

Schools

  • Elementary School: BRIGGS
  • High School: WILSON
  • Middle School: WILLIAMS

Lot Info

  • Number Of Acres: 0.09
  • Geo Subdivision: SC

Tax Info

  • Tax Map: 90074-04-008

Multi Family

  • Number Of Units: 2
  • Owner Expenses: Insurance, Sewer, Taxes, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2020
Closed on
Dec 21, 2020
Sold by
Joseph Ravenel Properties Llc
Bought by
411 West Cheves Street Llc
Seller's Agent
John DeBerry
Griggs, Floyd, and Grantham In
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$112,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,694
Avg. Annual Appreciation
-2.08%
Original Mortgage
$99,999
Outstanding Balance
$33,353
Interest Rate
2.7%
Mortgage Type
Construction
Estimated Equity
$78,953

Purchase Details

Closed on
Nov 29, 2017
Sold by
Ducks R Us Llc
Bought by
Joseph Ravenel Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
411 West Cheves Street Llc $125,000 None Available
Joseph Ravenel Properties Llc $111,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 411 West Cheves Street Llc $99,999
Previous Owner Joseph Ravenel Properties Llc $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2020 12/21/20 Sold $125,000 0.0% $74 / Sq Ft
11/13/2020 11/13/20 For Sale $125,000 -- $74 / Sq Ft
Source: Pee Dee REALTOR® Association

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 $2,982 $5,691 $747 $4,944
2023 $2,647 $4,950 $650 $4,300
2022 $2,620 $4,950 $650 $4,300
2021 $2,731 $7,420 $0 $0
2020 $2,275 $6,580 $0 $0
2019 $2,237 $6,580 $0 $0
2018 $2,165 $6,580 $0 $0
2017 $1,048 $3,250 $0 $0
2016 $1,039 $3,250 $0 $0
2015 $1,038 $3,250 $0 $0
2014 $991 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pee Dee REALTOR® Association

MLS Number: 20203640

Pee Dee REALTOR® Association

APN: 90074-04-008