NOT LISTED FOR SALE

Estimated Value: $670,000 - $1,712,000

2 Beds
2 Baths
1,130 Sq Ft
$911/Sq Ft Est. Value

Last Sold July 23, 2024

Last sale price $765,000 $677 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,072/month

12 Days on Market

Highlights

  • Central Air
  • Stacked Washer and Dryer
  • 3-minute walk to Colonial Lake Park
  • Ceiling Fan
  • Heat Pump System

About This Home

As of July 2024

Great investment opportunity! This beautiful property is conveniently located right on the Peninsula! There are 2 separate units. The first floor unit is 1 bed/1 bath and currently occupied with a lease through 1/30/25 at $2,150. The second floor unit is also 1 bed/1 bath and currently occupied with a lease through 6/15/24 at $2,000/month. This is perfect for investors who want to rent one unit and live in the other! There is a shared courtyard area and the upstairs unit has access to the second story porch. Each unit has tons of charm and both units include washer and dryer. The location is prime, minutes from CofC, MUSC, Colonial Lake, and everything that Downtown Charleston has to offer! An added bonus is this property has been selected for a FEMA grant, which will provide assistancewith raising the property. This will not only provide covered off street parking (a huge bonus), but should also reduce the cost of flood insurance!

Last Agent to Sell the Property

Sarah Turocy

Sloane Realty License #75520 Listed on: 05/30/2024

Last Buyer's Agent

Kelly Wilburn

Nexthome Lowcountry License #106040

Nexthome Lowcountry

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1870

Lot Details

  • 1,307 Sq Ft Lot

Home Design

  • Duplex
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2 Bedrooms
  • 1,130 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • 2 Units
  • Harleston Village Subdivision

Listing and Financial Details

  • Tenant pays for heat, electric

Property Details

Home Type

Multi-Family

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1870
  • Lot Size Acres: 0.03
  • Subdivision Name: Harleston Village
  • Directions: Take Sc-700 E, Folly Rd Blvd, Hwy 17 N And Lockwood Dr To Trapman St In Charleston 9 Min (4.2 Mi) Turn Left Onto Trapman St Destination Will Be On The Right
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex, Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator, Washer/Dryer Stacked
  • Total Bedrooms: 2
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Other Structures: No
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Other

Utilities

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

Schools

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

Lot Info

  • Lot Size Sq Ft: 1306.8

Rental Info

  • Tenant Pays: Heat, Electric

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jul 19, 2024
Sold by
Sloane J Warren
Bought by
Sekula Tayler and Sekula Brandon
Seller's Agent
Sarah Turocy
Sloane Realty
Buyer's Agent
Kelly Wilburn
Nexthome Lowcountry
List Price
$825,000
Sold Price
$765,000
Premium/Discount to List
-$60,000
-7.27%
Views
32
Current Estimated Value
$1,029,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,740
Avg. Annual Appreciation
22.75%
Original Mortgage
$726,750
Outstanding Balance
$718,003
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$311,737

Purchase Details

Closed on
Sep 14, 2022
Sold by
8 Trapman Llc
Bought by
Sloane J Warren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2004
Sold by
Rembold Wilson K and Rembold Anne B
Bought by
8 Trapman Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sekula Tayler $765,000 None Listed On Document
Sloane J Warren $500,000 --
8 Trapman Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sekula Tayler $726,750
Previous Owner Sloane J Warren $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2024 07/23/24 Sold $765,000 -7.3% $677 / Sq Ft
05/30/2024 05/30/24 For Sale $825,000 -- $730 / 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 $8,310 $25,000 $0 $0
2023 $5,698 $30,000 $0 $0
2022 $6,871 $25,490 $0 $0
2021 $6,787 $25,490 $0 $0
2020 $6,738 $25,490 $0 $0
2019 $6,161 $22,170 $0 $0
2017 $5,888 $22,170 $0 $0
2016 $5,698 $22,170 $0 $0
2015 $5,441 $22,170 $0 $0
2014 $5,034 $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: 24013777

CHS Regional MLS

APN: 457-12-01-029