NOT LISTED FOR SALE

5 Middle Atlantic Wharf Unit 3B Charleston, SC 29401

French Quarter Neighborhood

Estimated Value: $3,582,000 - $4,085,000

3 Beds
2.5 Baths
3,044 Sq Ft
$1,266/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $3,100,000 $1,018 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $25,696/month

129 Days on Market

Highlights

  • Wood Flooring
  • High Ceiling
  • Formal Dining Room
  • Separate Formal Living Room
  • Home Office
  • 2-minute walk to Joe Riley Waterfront Park

About This Home

As of October 2022

Perfectly located along the Waterfront Park and Charleston's Harbor. Straddling desirable South of Broad and the historic French Quarter neighborhoods. This chic one-level home is steeped in luxury, offering recent updates with ample formal and informal space, including a grand terrace overlooking the lush Waterfront Park. Currently used as a 2 bedroom with kitchen/den, easily converted into a 3 bedroom if desired. Well designed, extremely functional floorplan with a side hall gallery from front to back. Bar, pantry, plenty of closet storage. The common areas include a gated side garden and 2 covered, secure parking spaces in the ground-level garage (located on the 2nd of 3 residential levels, south facing).

Last Agent to Sell the Property

Charles Sullivan

Carriage Properties LLC License #28082 Listed on: 05/27/2022

Last Buyer's Agent

Nancy Klemm

Dunes Properties of Chas Inc License #119013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,395

Year Built

  • Built in 2005

Lot Details

  • 0.4

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Stucco

Interior Spaces

  • 3,044 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Smooth Ceilings
  • High Ceiling
  • Entrance Foyer
  • Separate Formal Living Room
  • Formal Dining Room
  • Home Office
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System

Community Details

  • Factors Walk Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,395

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Year Built: 2005
  • Property Sub Type: Single Family Attached
  • Subdivision Name: Factors Walk
  • Directions: South On Prioleau From Vendue Range. Factor's Walk Building Is On The South Corner Of Mid Atlantic And Prioleau. Fronts On Concord.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Condominium
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Elevator, Kitchen Island, Walk-In Closet(s), Eat-in Kitchen, Formal Living, Entrance Foyer, Office, Pantry, Separate Dining

Exterior Features

  • Lot Features: 0 - .5 Acre
  • Construction Type: Stucco
  • Exterior Features: Balcony
  • Foundation Details: Raised, Pillar/Post/Pier
  • Patio And Porch Features: Porch - Full Front
  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car Garage, Off Street
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, Dominion Energy
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Trash

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4580904083
  • Tax Annual Amount: 8395

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Oct 25, 2022
Sold by
Kenneth Jeffrey Barker Revocable Trust and Barker Kenneth Jeffrey
Bought by
Extra Garage Llc
Seller's Agent
Charles Sullivan
Carriage Properties LLC
Buyer's Agent
Nancy Klemm
Dunes Properties of Chas Inc
List Price
$3,495,000
Sold Price
$3,100,000
Premium/Discount to List
-$395,000
-11.3%
Views
17
Current Estimated Value
$3,854,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$754,643
Avg. Annual Appreciation
8.34%

Purchase Details

Closed on
Aug 12, 2020
Sold by
Barker Kenneth J and The Revocable Trust Of Kenneth
Bought by
Barker Kenneth Jeffrey and Barker Kenneth Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$863,500
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2019
Sold by
Barker Kenneth J
Bought by
Barker Kenneth J and Revocable Trust Of Kenneth J B

Purchase Details

Closed on
Nov 19, 2013
Sold by
Himmelstein Fredrick
Bought by
Barker Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 16, 2005
Sold by
Factors Walk Investments Llc
Bought by
Himmelstein Fredrick and Himmelstein Lenor R
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
Extra Garage Llc $3,100,000 None Listed On Document
Barker Kenneth Jeffrey -- None Available
Barker Kenneth J -- None Available
Barker Kenneth J $2,425,000 --
Himmelstein Fredrick $2,337,917 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barker Kenneth Jeffrey $863,500
Previous Owner Barker Kenneth J $955,000
Previous Owner Barker Kenneth J $1,000,000
Previous Owner Himmelstein Fredrick $1,000,000
Previous Owner Himmelstein Fredrick $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $3,100,000 -3.0% $1,018 / Sq Ft
09/21/2022 09/21/22 Price Changed $3,195,000 -8.6% $1,050 / Sq Ft
05/27/2022 05/27/22 For Sale $3,495,000 -- $1,148 / 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 $52,900 $186,000 $0 $0
2022 $7,991 $67,370 $0 $0
2021 $8,395 $67,370 $0 $0
2020 $8,715 $67,370 $0 $0
2019 $39,617 $95,000 $0 $0
2017 $37,822 $145,500 $0 $0
2016 $36,576 $145,500 $0 $0
2015 $34,888 $145,500 $0 $0
2014 $34,398 $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: 22013979

CHS Regional MLS

APN: 458-09-04-083