NOT LISTED FOR SALE

704 Rutledge Ave Charleston, SC 29403

North Central Neighborhood

Estimated Value: $1,418,000 - $1,593,000

6 Beds
2 Baths
2,438 Sq Ft
$619/Sq Ft Est. Value

Last Sold July 08, 2024

Last sale price $1,375,000 $564 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $9,598/month

42 Days on Market

Highlights

  • Tennis Courts
  • No Heating
  • 2-minute walk to McMahon Playground
  • Park

About This Home

As of July 2024

Historic Downtown Duplex: Opportunity for an Investor or Live-in Owner!Location, Location, Location! This classic Charleston single boasts two spacious units (3 beds, 2 baths each) in the heart of vibrant downtown. Just steps from Hampton Park, neighborhood favorites Park & Grove, Herd Provisions, Moes Crosstown and (soon to be across the street) SightSee Coffee Shop! This income producing property offers the perfect blend of historic charm and modern convenience.Ideal for the Savvy Investor: Enjoy healthy rental income from two fully renovated units. Each unit features gleaming, restored wide-plank oak hardwood floors, high ceilings, and private porches. Modern kitchens and baths provide a touch of luxury for your tenants.Use for long term rentals, medium term furnished or convert the downstairs to office (RO Zoned). The options are endless...

Live-in Owner's Dream: Occupy one unit and rent out the other to offset your expenses, take advantage of Charleston's booming short-term rental market. The downstairs unit could even be converted
Unbeatable Downtown Living: Walk to explore Hampton Park, The Citadel, or the countless shops and restaurants lining the streets. This prime location offers everything you need at your doorstep.

Bonus: Off-street parking is a rare features in downtown Charleston, providing additional convenience for you or your tenants.

Please see attached disclosures, proformas for more information.

Last Agent to Sell the Property

Gentry Radwanski

Compass Carolinas, LLC License #86738 Listed on: 04/09/2024

Compass Carolinas, LLC

Last Buyer's Agent

Crissy Rowell

William Means Real Estate, LLC License #85728

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,204

Year Built

  • Built in 1938

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Duplex
  • Metal Roof

Interior Spaces

  • 6 Bedrooms
  • 2,438 Sq Ft Home
  • Crawl Space

Schools

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

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Tenant pays for all utilities

Community Details

Recreation

  • Tennis Courts
  • Park
  • Dog Park

Additional Features

  • Hampton Park Subdivision
  • Gross Income $108,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,204

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1938
  • Lot Size Acres: 0.07
  • Subdivision Name: Hampton Park
  • Directions: Head South On Rutledge Ave. Property Will Be On The Left. Park In Drive Or Street Parking
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Duplex
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 6

Exterior Features

  • Roof: Metal
  • Foundation Details: Crawl Space
  • Other Structures: No
  • Property Condition: Pre-Owned

Garage/Parking

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

Utilities

  • Cooling Y N: No
  • Heating Yn: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Dog Park, Park, Tennis Court(s)

Schools

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

Lot Info

  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Map Number: 4631504097

Multi Family

  • Annual Gross Income: 108000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
Jun 28, 2024
Sold by
Kuhlman Kevin A and Kuhlman Don Jacqueline
Bought by
Dennin Bart E and Dennin Patricia M
Seller's Agent
Gentry Radwanski
Compass Carolinas, LLC
Buyer's Agent
Crissy Rowell
William Means Real Estate, LLC
List Price
$1,449,900
Sold Price
$1,375,000
Premium/Discount to List
-$74,900
-5.17%
Views
61
Current Estimated Value
$1,508,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,377
Avg. Annual Appreciation
9.08%
Original Mortgage
$775,000
Outstanding Balance
$768,516
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$740,499

Purchase Details

Closed on
Jun 21, 2022
Sold by
704 Rutledge Llc
Bought by
Kuhlman Kevin A and Kuhlman Don Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$855,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 15, 2020
Closed on
Jan 18, 2021
Sold by
Contini Amerigo and Francis Richard
Bought by
704 Rutledge Llc
Seller's Agent
Bryan Weatherford
The Boulevard Company
Buyer's Agent
Grace Harrison
Dunes Properties of Chas Inc
List Price
$630,000
Sold Price
$630,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.52%
Original Mortgage
$472,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 15, 2020
Closed on
Dec 1, 2020
Sold by
Rutledge & Cleveland Llc
Bought by
Contini Amerigo and Francis Richard
Seller's Agent
Bryan Weatherford
The Boulevard Company
Buyer's Agent
Grace Harrison
Dunes Properties of Chas Inc
List Price
$630,000
Sold Price
$630,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2006
Sold by
Stavrinakis Michael E and Hutson Robert O
Bought by
Rutledge & Cleveland Llc

Purchase Details

Closed on
Feb 17, 2006
Sold by
Crevar Blaine M
Bought by
Stavrinakis Michael E and Hutson Robert O

Purchase Details

Closed on
Jan 8, 2002
Sold by
Three Amigos Partnership
Bought by
Crevar Blaine M

Purchase Details

Closed on
Sep 23, 1999
Sold by
Clekis Nicholas J
Bought by
Three Amigos Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,227
Interest Rate
7.79%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Dennin Bart E $1,375,000 None Listed On Document
Kuhlman Kevin A $1,175,000 --
704 Rutledge Llc -- None Available
Contini Amerigo $630,000 None Available
Rutledge & Cleveland Llc -- None Available
Stavrinakis Michael E $337,500 None Available
Crevar Blaine M $150,000 --
Three Amigos Partnership -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dennin Bart E $775,000
Previous Owner Kuhlman Kevin A $855,000
Previous Owner 704 Rutledge Llc $667,500
Previous Owner Contini Amerigo $472,500
Previous Owner Rutledge & Cleveland Llc $125,000
Previous Owner Three Amigos Partnership $152,227
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $1,375,000 -1.8% $564 / Sq Ft
05/16/2024 05/16/24 Price Changed $1,399,900 -3.4% $574 / Sq Ft
04/10/2024 04/10/24 For Sale $1,449,900 +130.1% $595 / Sq Ft
12/01/2020 12/01/20 Sold $630,000 0.0% $242 / Sq Ft
11/01/2020 11/01/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $630,000 -- $242 / 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 $15,204 $52,870 $0 $0
2023 $15,204 $52,870 $0 $0
2022 $10,122 $37,800 $0 $0
2021 $9,997 $37,800 $0 $0
2020 $4,217 $15,750 $0 $0
2019 $3,858 $13,690 $0 $0
2017 $3,689 $13,690 $0 $0
2016 $3,572 $13,690 $0 $0
2015 $3,483 $13,690 $0 $0
2014 $2,948 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2024

    Gentry Radwanski

    Compass Carolinas, LLC

    (843) 619-7816

    6 in this area

    149 Total Sales

    Section Image

  • C

    Buyer's Agent in 2024

    Crissy Rowell

    William Means Real Estate, LLC

    (843) 377-5177

    1 in this area

    57 Total Sales

    Section Image

  • M

    Buyer Co-Listing Agent in 2024

    Michael Rowell

    William Means Real Estate, LLC

    (843) 906-5941

    1 in this area

    48 Total Sales

    Section Image

  • B

    Seller's Agent in 2020

    Bryan Weatherford

    The Boulevard Company

    (843) 345-1330

    1 in this area

    44 Total Sales

    Section Image

  • G

    Buyer's Agent in 2020

    Grace Harrison

    Dunes Properties of Chas Inc

    (843) 886-5600

    1 in this area

    21 Total Sales

    Section Image
  • Vannessa Carter

    Buyer Co-Listing Agent in 2020

    Vannessa Carter

    Dunes Properties of Chas Inc

    (423) 967-0087

    1 in this area

    86 Total Sales

    Section Image
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Map

Source: CHS Regional MLS

MLS Number: 24008784

CHS Regional MLS

APN: 463-15-04-097

South Carolina Charleston County Charleston 29403 North Central

704 Rutledge Ave, Charleston, SC

This home is located at 704 Rutledge Ave, Charleston, SC 29403 since 09 April 2024 and is currently estimated at $1,508,377, approximately $618 per square foot. This property was built in 1938. 704 Rutledge Ave is a home located in Charleston County with nearby schools including James Simons Elementary School, Mitchell Elementary School, and Simmons Pinckney Middle.

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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