NOT LISTED FOR SALE

Estimated Value: $520,000 - $860,000

7 Beds
2 Baths
2,304 Sq Ft
$295/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $480,000 $208 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,066/month

18 Days on Market

Highlights

  • Forced Air Heating System
  • Ceiling Fan
  • Stacked Washer and Dryer
  • Murray-LaSaine Montessori School Rated A-
  • Wood Siding

About This Home

As of January 2020

A taste of Charleston Charm!!! Incredible opportunity to live in the highly coveted oak tree lined neighborhood 10 min to downtown and the beach! This renovated property includes a craftman style 3 bedroom cottage and a separate duplex all with new roofs, stainless appliances, carrera quartz countertops new cabinetry, tiled backsplash with newly tiled floor in the kitchen. Old pine hardwood floors remain throughout the house and tile in duplex. 3 New central HVAC systems installed, new windows in duplex and fences for privacy with large parking areas. The neighborhood is only a walk away from local music venues, the theatre and many popular restaurants. W/D units convey with duplex as well as 3 refrigerators.

Last Agent to Sell the Property

Mary McCarthy

Coastal Point Real Estate License #79383 Listed on: 12/19/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,540

Year Built

  • Built in 1945

Lot Details

  • 0.51 Acre Lot

Parking

  • Open Parking

Home Design

  • Duplex
  • Slab Foundation
  • Asphalt Roof
  • Wood Siding
  • Masonry
  • Stucco

Interior Spaces

  • 7 Bedrooms
  • 2,304 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space
  • Stacked Washer and Dryer

Kitchen

  • Built-In Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Schools

  • Murray Lasaine Elementary School
  • James Island Middle School
  • James Island Charter High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for all utilities

Community Details

Overview

  • 3 Units
  • Woodland Shores Subdivision

Building Details

  • Operating Expense $1,200
  • Gross Income $46,620
  • Net Operating Income $44,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,540

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1945
  • Lot Size Acres: 0.51
  • Subdivision Name: Woodland Shores
  • Directions: Folly, Right On Maybank, Left On Woodland Shores, Houses On The Left
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex, Single Family Detached
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Built-In Electric Oven, Dishwasher, Dryer, Electric Cooktop, Electric Range, Gas Cooktop, Gas Range, Microwave, Refrigerator, Washer/Dryer Stacked, Washer
  • Total Bedrooms: 7
  • Entry Location: Ground Level
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Roof: Asphalt
  • Construction Type: Block/Masonry, Stucco, Wood Siding
  • Foundation Details: Crawl Space, Slab
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: Yes

Utilities

  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling Y N: No
  • Heating: Electric, Forced Air, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, James IS PSD
  • Water Source: Public

Schools

  • Elementary School: Murray Lasaine
  • High School: James Island Charter
  • Middle Or Junior School: James Island

Lot Info

  • Lot Size Sq Ft: 22215.6
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Map Number: 3431600044

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 46620
  • Property Net Operating Income: 44400
  • Annual Operating Expense: 1200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2022
Sold by
Frederick Iii Benedict J
Bought by
Frederick Katherine Ann
Current Estimated Value
$679,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$448,930
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$230,781

Purchase Details

Listed on
Dec 19, 2019
Closed on
Jan 30, 2020
Sold by
490 Woodland Shores Llc
Bought by
Frederick Katherine Ann and Frederick Benedict J
Seller's Agent
Mary McCarthy
Coastal Point Real Estate
Sold Price
$480,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$277,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2016
Sold by
Mccarthy Robert and Mccarthy Mary
Bought by
490 Woodland Shores Llc

Purchase Details

Listed on
Mar 6, 2015
Closed on
May 18, 2015
Sold by
Huggins Norman Kerry
Bought by
Mccarthy Robert and Mccarty Mary
Buyer's Agent
Mary McCarthy
Coastal Point Real Estate
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.72%
Original Mortgage
$172,000
Interest Rate
3.79%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 6, 2005
Sold by
Huggins N Kerry and Huggins Dorothy B
Bought by
Huggins Norman Kerry and The Norman Kerry Huggins Revocable Trust
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
Frederick Katherine Ann -- Oshea Law Firm Llc
Frederick Katherine Ann $480,000 None Available
490 Woodland Shores Llc -- --
Mccarthy Robert $215,000 --
Huggins Norman Kerry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frederick Katherine Ann $480,000
Previous Owner Frederick Katherine Ann $277,000
Previous Owner Mccarthy Robert $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2020 01/31/20 Sold $480,000 +123.3% $208 / Sq Ft
05/26/2015 05/26/15 Sold $215,000 0.0% $93 / Sq Ft View Prior Sale
04/26/2015 04/26/15 Pending -- -- --
03/06/2015 03/06/15 For Sale $215,000 -- $93 / 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 $5,540 $24,000 $0 $0
2023 $5,540 $24,000 $0 $0
2022 $5,077 $24,000 $0 $0
2021 $2,622 $19,200 $0 $0
2020 $3,938 $9,890 $0 $0
2019 $3,686 $12,900 $0 $0
2017 $3,465 $12,900 $0 $0
2016 $3,354 $12,900 $0 $0
2015 $3,199 $12,620 $0 $0
2014 -- $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: 19033968

CHS Regional MLS

APN: 343-16-00-044