NOT LISTED FOR SALE

806 N Magnolia St Unit A & B Summerville, SC 29483

Estimated Value: $335,644

4 Beds
2 Baths
1,875 Sq Ft
$179/Sq Ft Est. Value

Last Sold February 14, 2022

Last sale price $296,000 $158 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,132/month

45 Days on Market

Highlights

  • RV or Boat Storage in Community
  • RV Parking in Community
  • Front Porch
  • James H. Spann Elementary School Rated A-
  • 0.35 Acre Lot
  • Cooling Available

About This Home

As of February 2022

Great opportunity to capture commercially zoned property in the heart of Summerville with easy access to I26. Updated DUPLEX in fantastic downtown Summerville location. Rent out both sides...or Rent 1 side and live in the other....Rent as a residence or a business (zoned Commercial B3 General Business use)...OR-- tear the whole thing down and build a beautiful, new office building or multiple property duplexes! The lot is .35 acre, so big enough for multiple uses. So many options for this great location just 1 block off Main St! Large side has 2 BR/1BA with front and rear back porches and a new HVAC in 2020..the smaller side on the right has a side door entry with 2 BR/1BA, new laminate flooring and freshly painted. Roof replaced in 2004. Each side has its own driveway. Tenant in place onlarger Side B....lease expires May 31. Side A is vacant for showings but has been rented regularly for the last 10 years. Quiet neighborhood but within walking distance to Aldi grocery store and multiple fast food restaurants. This is a great buy and an even better investment property. Hurry and book your appointment today!

Last Agent to Sell the Property

Loren Bethea

Carolina One Real Estate License #66146 Listed on: 11/28/2021

Carolina One Real Estate

Co-Listed By

Robin Pye

Carolina One Real Estate License #99870

Last Buyer's Agent

Del Shaffer

Carolina One Real Estate License #84392

Carolina One Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 0.35

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,875 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room
  • Utility Room
  • Laundry Room
  • Crawl Space

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Summerville Elementary School
  • Alston Middle School
  • Summerville High School

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Front Porch
  • 0.35 Acre Lot

Community Details

Overview

  • RV Parking in Community

Recreation

  • RV or Boat Storage in Community

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1980
  • Property Sub Type: Single Family Attached
  • Lot Size Acres: 0.35
  • Co List Office Mls Id: 1043
  • Co List Office Phone: 843-974-6200
  • Ownership: Fee Simple
  • Subdivision Name: None
  • Directions: Hwy 78 Coming Into Summerville, Take A Right On N Magnolia. Duplex On The Left
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Duplex
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Ceiling Fan(s), Family, Living/Dining Combo, Utility
  • Master Bedroom Features: Ceiling Fan(s)
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Asphalt
  • Lot Features: 0 - .5 Acre
  • Construction Type: Vinyl Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Porch - Full Front
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Other (Use Remarks)

Utilities

  • Laundry Features: Dryer Connection, Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: RV Parking, RV/Boat Storage, Trash

Schools

  • Elementary School: Summerville
  • High School: Summerville
  • Middle Or Junior School: Alston

Lot Info

  • Lot Size Sq Ft: 15245.999999
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 1301605006
  • Tax Annual Amount: 8219.15

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2021
Closed on
Feb 9, 2022
Sold by
Cmj Properties Llc
Bought by
Compton John Murray
Seller's Agent
Loren Bethea
Carolina One Real Estate
Buyer's Agent
Del Shaffer
Carolina One Real Estate
List Price
$369,000
Sold Price
$296,000
Premium/Discount to List
-$73,000
-19.78%
Current Estimated Value
$335,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,644
Avg. Annual Appreciation
3.48%
Original Mortgage
$168,000
Outstanding Balance
$156,001
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$179,643

Purchase Details

Closed on
May 12, 2004
Sold by
Bivens Renauldo L
Bought by
Cmj Properties Llc

Purchase Details

Closed on
Dec 6, 2000
Sold by
Havenstein Gene L and Baker John R
Bought by
Bivens Renauldo L
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
Compton John Murray $296,000 Cobb Dill & Hammett Llc
Cmj Properties Llc $92,000 --
Bivens Renauldo L $77,140 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Compton John Murray $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2022 02/14/22 Sold $296,000 -19.8% $158 / Sq Ft
01/13/2022 01/13/22 Pending -- -- --
11/28/2021 11/28/21 For Sale $369,000 -- $197 / 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 $4,237 $20,946 $18,414 $2,532
2023 $4,237 $20,946 $18,414 $2,532
2022 $3,691 $8,860 $3,220 $5,640
2021 $3,779 $8,860 $3,220 $5,640
2020 $3,638 $7,700 $2,800 $4,900
2019 $3,590 $7,700 $2,800 $4,900
2018 $3,070 $7,700 $2,800 $4,900
2017 $3,036 $7,700 $2,800 $4,900
2016 $2,990 $7,700 $2,800 $4,900
2015 $2,992 $7,700 $2,800 $4,900
2014 $2,583 $111,665 $0 $0
2013 -- $6,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 21031281

CHS Regional MLS

APN: 130-16-05-006