$819,500
SOLD APR 20, 2018

61 Amherst St Unit A & B Charleston, SC 29403

East Side Neighborhood
3 Beds
-- Bath
2,200 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$372 Per Sq Ft

1% Below List Price

36 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • 2-minute walk to Mary Watson Park
  • Property is near a bus stop
  • Heat Pump System

About This Home

As of September 2024

Welcome to 61 Amherst Street, a New Construction Duplex in the historic district of Downtown Charleston. This duplex is located two blocks from Upper King Street in one of Downtown's hottest neighborhoods; this Duplex checks all the boxes. A short walk takes you to the shopping, dining, and nightlife of Upper King Street. You can stay even closer to home and enjoy the growing number of neighborhood hangouts like the Cigar Factory for a different pace. The property has convenient access to the highways and interstate makes navigating the City a breeze. As you approach this multi-family home, you will find it has a stately presence with access from the street. To the rear of the property, you find parking for three vehicles with a private entrance. So each unit has a private piazza.

Last Agent to Sell the Property

Jason Pee

Charleston GPS, LLC License #45594 Listed on: 12/26/2017

Last Buyer's Agent

Keelin Love

Lois Lane Properties License #61683

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,195

Year Built

  • Built in 2017

Parking

  • Open Parking

Home Design

  • Duplex
  • Architectural Shingle Roof

Interior Spaces

  • 3 Bedrooms
  • 2,200 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • Sanders Clyde Elementary School
  • Simmons Pinckney Middle School
  • Burke High School

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • 3,485 Sq Ft Lot
  • Property is near a bus stop

Listing and Financial Details

  • Tenant pays for all utilities

Community Details

Overview

  • 2 Units
  • Eastside Subdivision

Building Details

  • Operating Expense $15,700
  • Gross Income $67,200
  • Net Operating Income $51,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,195

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2017
  • Lot Size Acres: 0.08
  • Subdivision Name: Eastside
  • Directions: From I 26 Take The Meeting Street Exit Head South On Meeting Street Then Take A Left On Amherst Street. The Property Is On The Right.
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Roof: Architectural
  • Foundation Details: Crawl Space
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Other (Use Remarks)

Utilities

  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, SCE & G
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Bus Line

Schools

  • Elementary School: Sanders Clyde
  • High School: Burke
  • Middle Or Junior School: Simmons Pinckney

Lot Info

  • Lot Size Sq Ft: 3484.8
  • Zoning Description: Conforming
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Map Number: 4590902037

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 67200
  • Property Net Operating Income: 51500
  • Annual Operating Expense: 15700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2024
Closed on
Sep 13, 2024
Sold by
Six-One Amherst Llc
Bought by
Karavan Christopher
Seller's Agent
Keelin Love
Lois Lane Properties
Buyer's Agent
Nonmember Licensee
NONMEMBER LICENSEE
List Price
$1,200,000
Sold Price
$1,170,000
Premium/Discount to List
-$30,000
-2.5%
Views
12
Current Estimated Value
$1,260,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,617
Avg. Annual Appreciation
7.70%

Purchase Details

Closed on
Oct 8, 2021
Sold by
Tesson Brian J
Bought by
Six One Amherst Llc

Purchase Details

Listed on
Dec 26, 2017
Closed on
Mar 29, 2018
Sold by
Preservation Development Llc
Bought by
Tesson Brian J
Seller's Agent
Jason Pee
Charleston GPS, LLC
Buyer's Agent
Keelin Love
Lois Lane Properties
List Price
$829,500
Sold Price
$819,500
Premium/Discount to List
-$10,000
-1.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$655,600
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2017
Sold by
Preservation Property Company Llc
Bought by
Preservation Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,725
Interest Rate
3.97%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 16, 2017
Sold by
63 Amherst Llc
Bought by
Preservation Property Company Llc

Purchase Details

Closed on
Nov 13, 2015
Sold by
Jjr Development Llc
Bought by
Preservation Property Company Llc

Purchase Details

Closed on
Sep 12, 2010
Sold by
Greater Beard Chapel A M E Church
Bought by
Greene Edward

Purchase Details

Closed on
Dec 20, 2007
Sold by
Navarro Matthew and Navarro Michael E
Bought by
Greene Edward

Purchase Details

Closed on
Feb 4, 2005
Sold by
Bailey Germaine
Bought by
Greene Edward

Purchase Details

Closed on
Jan 24, 2005
Sold by
Nelson Doris
Bought by
Greene Edward

Purchase Details

Closed on
Jan 11, 2005
Sold by
Navarro Sherise
Bought by
Greene Edward
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,170,000 None Listed On Document
Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Available
Deed $819,500 First American Mortgage Solu
Deed -- None Available
Quit Claim Deed $5,600 None Available
Deed $173,000 --
Deed $140,000 --
Deed -- --
Deed $31,892 Attorney
Deed $20,000 --
Deed $20,000 --
Deed $20,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $638,000 New Conventional
Previous Owner $655,600 New Conventional
Previous Owner $454,725 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2024 09/16/24 Sold $1,170,000 0.0% $489 / Sq Ft
09/16/2024 09/16/24 Sold $1,170,000 -2.5% $489 / Sq Ft
08/12/2024 08/12/24 For Sale $1,200,000 0.0% $502 / Sq Ft
08/12/2024 08/12/24 For Sale $1,200,000 +46.4% $502 / Sq Ft
04/20/2018 04/20/18 Sold $819,500 -1.2% $373 / Sq Ft
02/01/2018 02/01/18 Pending -- -- --
12/26/2017 12/26/17 For Sale $829,500 -- $377 / 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 $4,195 $32,780 $0 $0
2023 $4,195 $32,780 $0 $0
2022 $3,939 $49,170 $0 $0
2021 $4,136 $32,780 $0 $0
2020 $4,292 $32,780 $0 $0
2019 $4,365 $32,780 $0 $0
2017 $2,691 $10,380 $0 $0
2016 $2,742 $10,380 $0 $0
2015 $532 $1,640 $0 $0
2014 $593 $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: 17033332

CHS Regional MLS

APN: 459-09-02-037