NOT LISTED FOR SALE

62 South St Unit A & B Charleston, SC 29403

East Side Neighborhood

Estimated Value: $1,024,000 - $1,722,000

6 Beds
4 Baths
2,400 Sq Ft
$548/Sq Ft Est. Value

Last Sold June 18, 2019

Last sale price $840,000 $350 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $8,020/month

499 Days on Market

Highlights

  • Cooling Available
  • Heating Available
  • 3-minute walk to Wragg Mall Park
  • Ceiling Fan

About This Home

As of June 2019

Welcome to 62 South Street a New Construction Duplex in one of the City's hottest Neighborhoods. 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, there is parking for five vehicles.

Last Agent to Sell the Property

Jason Pee

Charleston GPS, LLC License #45594 Listed on: 01/02/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,600

Year Built

  • Built in 2017

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Duplex

Interior Spaces

  • 6 Bedrooms
  • 2,400 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • James Simons Elementary School
  • Simmons Pinckney Middle School
  • Burke High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for all utilities

Community Details

Overview

  • 2 Units
  • Eastside Subdivision

Building Details

  • Operating Expense $17,708
  • Gross Income $70,200
  • Net Operating Income $52,492

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,600

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2017
  • Lot Size Acres: 0.11
  • Subdivision Name: Eastside
  • Directions: From Morrison Street Take South Steet Or Take Nassau Street To South.
  • 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: 6
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

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

Garage/Parking

  • Open Parking: Yes

Utilities

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

Schools

  • Elementary School: James Simons
  • High School: Burke
  • Middle Or Junior School: Simmons Pinckney

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Zoning Description: Conforming
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Map Number: 4590903046

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 70200
  • Property Net Operating Income: 52492
  • Annual Operating Expense: 17708

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2021
Sold by
Drum Margaret G
Bought by
2808 Investments Llc
Current Estimated Value
$1,314,602

Purchase Details

Closed on
Oct 8, 2020
Sold by
2808 Investments Llc
Bought by
Drum Margaret G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$626,021
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2019
Sold by
Drum Margaret G
Bought by
2808 Investments Llc

Purchase Details

Listed on
Jan 2, 2018
Closed on
Jun 17, 2019
Sold by
62 South Street Llc
Bought by
Drum Margaret G
Seller's Agent
Jason Pee
Charleston GPS, LLC
Sold Price
$840,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
Original Mortgage
$620,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2016
Sold by
Jjr Development Llc
Bought by
62 South Street Llc

Purchase Details

Closed on
Apr 29, 2016
Sold by
Bauer Lawrence M and Bauer Christine C
Bought by
Jjr Development Llc

Purchase Details

Closed on
Jul 28, 2005
Sold by
East Charleston Llc
Bought by
Bauer Lawrence M and Bauer Christine C

Purchase Details

Closed on
Jun 10, 2005
Sold by
East Charleston Llc
Bought by
Bauer Lawrence M and Bauer Christine C

Purchase Details

Closed on
Oct 30, 2000
Sold by
Jerome Judge Keith and Jerome Keith J
Bought by
East Charleston 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
2808 Investments Llc -- Accommodation
Drum Margaret G -- Boston National Ttl Agcy Llc
Drum Margaret G -- Boston National Title
2808 Investments Llc -- None Available
Drum Margaret G $840,000 None Available
62 South Street Llc $280,000 --
Jjr Development Llc $225,000 --
Bauer Lawrence M -- --
Bauer Lawrence M $58,000 --
East Charleston Llc $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drum Margaret G $626,021
Previous Owner Drum Margaret G $620,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2019 06/18/19 Sold $840,000 -- $350 / 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 $12,600 $43,900 $0 $0
2023 $12,600 $43,900 $0 $0
2022 $11,692 $43,900 $0 $0
2021 $11,547 $43,900 $0 $0
2020 $11,462 $43,900 $0 $0
2019 $11,922 $43,530 $0 $0
2017 $4,356 $16,800 $0 $0
2016 $850 $3,390 $0 $0
2015 $811 $3,390 $0 $0
2014 $813 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Pee

    Seller's Agent in 2019

    Jason Pee

    Charleston GPS, LLC

    (843) 532-0128

    3 in this area

    41 Total Sales

    Jason Pee
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Map

Source: CHS Regional MLS

MLS Number: 18000065

CHS Regional MLS

APN: 459-09-03-046

South Carolina Charleston County Charleston 29403 East Side

62 South St Unit A & B, Charleston, SC

This home is located at 62 South St Unit A & B, Charleston, SC 29403 since 02 January 2018 and is currently estimated at $1,314,602, approximately $547 per square foot. This property was built in 2017. 62 South St Unit A & B is a home located in Charleston County with nearby schools including Memminger Elementary School, Simmons Pinckney Middle, and Burke High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

CHS Regional MLS The information is being provided by Charleston Trident MLS. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2025 Charleston Trident MLS. All Rights Reserved

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