NOT LISTED FOR SALE

Estimated Value: $272,000 - $330,000

4 Beds
2 Baths
1,539 Sq Ft
$198/Sq Ft Est. Value

Last Sold November 22, 2017

Last sale price $138,096 $90 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,806/month

103 Days on Market

Highlights

  • Central Air
  • Heat Pump System
  • 1-Story Property
  • Ceiling Fan

About This Home

As of November 2017

Great Duplex Investment Opportunity---Excellent Cashflow!!! Both sides currently leased ($17040/yr rents) This is a duplex with two separate units (5605 and 5607 Aldrich Ave). Each unit has 2 bedrooms, 1 full bath and are approximately 750sqft. Both units have carpet throughout home with tile in kitchen and bathroom. Centrally located in N. Charleston close to I-26/I-526 and on dead end street with little traffic. This is one of four duplexes we are offering for sale located together on Aldrich Ave. Others are 5611, 5619, and 5627 Aldrich Ave. PLEASE DO NOT DISTURB TENANTS...Being sold ''AS IS''....

Last Agent to Sell the Property

Chris Graham

JPAR Magnolia Group License #47495 Listed on: 07/07/2017

JPAR Magnolia Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,521

Year Built

  • Built in 1950

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Duplex
  • Architectural Shingle Roof
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 4 Bedrooms
  • 1,539 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space

Schools

  • North Charleston Elementary School
  • Morningside Middle School
  • North Charleston High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • 2 Units
  • Charleston Farms Subdivision

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,521

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1950
  • Lot Size Acres: 0.22
  • Subdivision Name: Charleston Farms
  • Directions: From Hwy 26 Exit Onto Remount Rd, Turn Right Onto Aldrich Ave(aldrich Ave Is Right After Riser, Mclaurin & Gibbins Llc Cpa Firm On Remount)
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bedrooms: 4
  • Entry Location: Ground Level
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Roof: Architectural
  • Construction Type: Block/Masonry, Vinyl Siding
  • Foundation Details: Crawl Space
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: Yes

Utilities

  • Cooling: Central Air
  • Laundry Features: Dryer Connection
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: N Chas Sewer Distric, SCE & G
  • Water Source: Public

Schools

  • Elementary School: North Charleston
  • High School: North Charleston
  • Middle Or Junior School: Morningside

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Zoning Description: Conforming
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Map Number: 4731400165

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2019
Sold by
Hodges Doris J
Bought by
Hodges Doris J
Current Estimated Value
$295,353

Purchase Details

Listed on
Jul 7, 2017
Closed on
Nov 21, 2017
Sold by
Olmsted Us Iii Llc
Bought by
Hodges Donald L and Hodges Doris J
Seller's Agent
Chris Graham
JPAR Magnolia Group
Sold Price
$138,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.69%
Original Mortgage
$103,572
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 30, 2014
Closed on
Sep 2, 2015
Sold by
Turner Brian and Gesser Ryan
Bought by
Olsted Us Iii Llc
Seller's Agent
Megan Schwerin
Kay Real Estate Group, LLC
Buyer's Agent
Tom Hodges
The Peninsula Company, LLC
Sold Price
$118,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%

Purchase Details

Closed on
Jul 19, 1999
Sold by
Morris Gregory L
Bought by
Desi Dev Llc
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
Hodges Doris J -- None Available
Hodges Donald L $138,096 None Available
Olsted Us Iii Llc $118,750 --
Desi Dev Llc $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hodges Donald L $103,572
Previous Owner Olmsted U S Iii Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2017 11/22/17 Sold $138,096 +16.3% $90 / Sq Ft
09/03/2015 09/03/15 Sold $118,750 -- $77 / 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 $2,521 $7,700 $0 $0
2023 $2,521 $7,700 $0 $0
2022 $2,342 $7,700 $0 $0
2021 $2,324 $7,700 $0 $0
2020 $2,306 $7,700 $0 $0
2019 $2,548 $8,280 $0 $0
2017 $2,097 $7,110 $0 $0
2016 $2,037 $7,110 $0 $0
2015 $904 $2,880 $0 $0
2014 $961 $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: 17019100

CHS Regional MLS

APN: 473-14-00-165