NOT LISTED FOR SALE

Estimated Value: $2,056,280 - $2,409,000

6 Beds
6 Baths
2,701 Sq Ft
$831/Sq Ft Est. Value

Last Sold September 09, 2021

Last sale price $1,175,000 $435 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $13,599/month

190 Days on Market

Highlights

  • Cooling Available
  • Wood Siding
  • 4-minute walk to Elliotborough Park and Community Garden
  • Ceiling Fan
  • Heating Available

About This Home

As of September 2021

Located in the highly desirable Elliottborough neighborhood on the corner of Spring and Ashe Streets. Two businesses currently occupy this property. This property is within The Short Term Rental Overlay District and is eligible for a commercial short term rental permit. The property can continue to be used as a duplex or can easily be converted to a single unit as the interior staircase partially continues to exist. Listed in the 1961 edition of The Travelers' Green Book as Mrs Mayes Tourist Home this property was one of the few places that provided lodging for African Americans as they traveled through Charleston during the days of segregation. The first floor is approximately 1432 sq ft and the second floor is approximately 1269 sq. ft and both consists of 5 rooms and a full bathroom.

Last Agent to Sell the Property

Renata Smalls

The Space Co Inc. License #61080 Listed on: 11/15/2020

Co-Listed By

Terry Seabrook

The Space Co Inc. License #25848

Last Buyer's Agent

Markus Kastenholz

Colliers International South Carolina Inc License #41215

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,442

Year Built

  • Built in 1885

Lot Details

  • 3,049 Sq Ft Lot

Home Design

  • Duplex
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,701 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 2 Units
  • Elliottborough Subdivision

Listing and Financial Details

  • Tenant pays for electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,442

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1885
  • Lot Size Acres: 0.07
  • Co List Office Mls Id: 1462
  • Co List Office Phone: 843-577-2676
  • Inclusions: No Furniture
  • Subdivision Name: Elliottborough
  • Directions: Southwest On Spring Street. This Property Is On The Corner Of Spring And Ashe Street.
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Roof: Architectural
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No

Utilities

  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, Dominion Energy
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Tax Map Number: 4600803177

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2020
Closed on
Aug 25, 2021
Sold by
Seabrook Juliette T
Bought by
Betz Properties Llc
Seller's Agent
Renata Smalls
The Space Co Inc.
Buyer's Agent
Markus Kastenholz
Colliers International South Carolina Inc
List Price
$1,400,000
Sold Price
$1,175,000
Premium/Discount to List
-$225,000
-16.07%
Current Estimated Value
$2,243,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,068,570
Avg. Annual Appreciation
12.21%
Original Mortgage
$1,476,918
Outstanding Balance
$490,219
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,385,727
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Betz Properties Llc $1,175,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Betz Properties Llc $1,476,918
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2021 09/09/21 Sold $1,175,000 -16.1% $435 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
11/15/2020 11/15/20 For Sale $1,400,000 -- $518 / 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 $20,442 $70,880 $0 $0
2023 $20,442 $70,880 $0 $0
2022 $86 $52,880 $0 $0
2021 $6,916 $26,190 $0 $0
2020 $6,865 $26,190 $0 $0
2019 $6,270 $22,770 $0 $0
2017 $86 $22,770 $0 $0
2016 $5,794 $22,770 $0 $0
2015 $5,530 $22,770 $0 $0
2014 $4,754 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: CHS Regional MLS

MLS Number: 20031027

CHS Regional MLS

APN: 460-08-03-177