NOT LISTED FOR SALE

Estimated Value: $469,000 - $524,038

1 Bed
1 Bath
492 Sq Ft
$1,016/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $495,000 $1,006 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,312/month

4 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Stacked Washer and Dryer
  • High Ceiling
  • Ceiling Fan
  • 4-minute walk to Lawrimore Park

About This Home

As of November 2023

Exclusive Markets Gate residence located in the heart of Downtown Charleston. Secured entry and lobby with inhouse mailboxes and delivery area. 85 Cumberland is with in walking distance to some of Charleston's best restaurants and shops. Unit 11 has heart pine flooring, granite counter tops in kitchen with stainless appliances. Bedroom has large walk in closet with laundry. Great for people wanting to be close to all things downtown. 10'+ ceilings and exposed brick bring out the charm of the unit.

Last Agent to Sell the Property

Brian Demille

The Cassina Group License #49633 Listed on: 09/15/2023

The Cassina Group

Co-Listed By

Ann Coggiola

The Cassina Group License #59347

Last Buyer's Agent

Kain Slowikowski

Dunes Properties of Chas Inc License #89494

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 7,318

Home Design

  • Brick Foundation

Interior Spaces

  • 492 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Crawl Space
  • Dishwasher
  • Stacked Washer and Dryer

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Air
  • No Heating

Community Details

  • Markets Gate Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1900
  • Property Sub Type: Single Family Attached
  • Co List Office Phone: 843-628-0008
  • Subdivision Name: Markets Gate
  • Directions: East Bay St To Cumberland St. Building Is On Left Next To Powder Magazine.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Condo Regime, Condominium
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer/Dryer Stacked
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Stone, Wood
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Ceiling Fan(s)

Exterior Features

  • Construction Type: Brick
  • Foundation Details: Crawl Space
  • Other Structures: None
  • Property Condition: Pre-Owned

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Nov 17, 2023
Sold by
Assey Family Trust
Bought by
Dean Sara and Droker Ilari
Seller's Agent
Brian Demille
The Cassina Group
Buyer's Agent
Kain Slowikowski
Dunes Properties of Chas Inc
List Price
$495,000
Sold Price
$495,000
Views
132
Current Estimated Value
$500,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,010
Avg. Annual Appreciation
0.48%
Original Mortgage
$432,000
Outstanding Balance
$424,449
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$75,561

Purchase Details

Listed on
Sep 15, 2023
Closed on
Nov 10, 2023
Sold by
Assey Philip Edward
Bought by
Assey Family Trust and Assey
Seller's Agent
Brian Demille
The Cassina Group
Buyer's Agent
Kain Slowikowski
Dunes Properties of Chas Inc
List Price
$495,000
Sold Price
$495,000
Views
132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Outstanding Balance
$424,449
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$75,561

Purchase Details

Closed on
Sep 27, 2011
Sold by
Markets Gate Inc
Bought by
Assey Phillip

Purchase Details

Closed on
Apr 13, 2011
Sold by
Markets Gate Inc
Bought by
Eighty Five Cumberland 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
Dean Sara $495,000 None Listed On Document
Assey Family Trust -- None Listed On Document
Assey Phillip $192,000 --
Eighty Five Cumberland Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dean Sara $432,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2023 11/17/23 Sold $495,000 0.0% $1,006 / Sq Ft
09/15/2023 09/15/23 For Sale $495,000 -- $1,006 / 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 $8,208 $29,700 $0 $0
2023 $8,573 $15,240 $0 $0
2022 $4,124 $15,240 $0 $0
2021 $4,073 $15,240 $0 $0
2020 $4,044 $15,240 $0 $0
2019 $3,698 $13,250 $0 $0
2017 $3,534 $13,250 $0 $0
2016 $3,421 $13,250 $0 $0
2015 $3,267 $13,250 $0 $0
2014 $2,815 $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: 23021298

CHS Regional MLS

APN: 458-09-01-332