NOT LISTED FOR SALE

Estimated Value: $629,000 - $694,000

1 Bed
1 Bath
638 Sq Ft
$1,039/Sq Ft Est. Value

Last Sold December 21, 2022

Last sale price $575,000 $901 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,688/month

1 Day on Market

Highlights

  • Wood Flooring
  • Walk-In Closet
  • ENERGY STAR Qualified Appliances
  • High Ceiling
  • Cooling Available
  • 4-minute walk to Lawrimore Park

About This Home

As of December 2022

Exclusive Market's Gate residence located in the heart of historic downtown Charleston 85 Cumberland Street.. Original owner with a passion for privacy, location, elevator, and having a front row seat to all things a artm food andunique is the fact that this unit is superior with being one of two residences on the 3rd floor with superior views and door with transom to maintain the element of privacy. The views will make your heart smile. Secured entry, designer lobby, inhouse mailboxes and deliveries., and access to everything Charleston Well maintained with grill area, bike parking, security guards 24/7 in garage. or and overlooking infamous churches and historic buildings. You have arrived at the premiere destination for everything amazing for primary or s secondary residence.

Last Agent to Sell the Property

Brian Demille

The Cassina Group License #49633 Listed on: 11/03/2022

The Cassina Group

Co-Listed By

Ann Coggiola

The Cassina Group License #59347

Last Buyer's Agent

Nelson Lundberg

Dunes Properties of Chas Inc License #120015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1890

Lot Details

  • 7,318

HOA Fees

  • $413 Monthly HOA Fees

Home Design

  • Brick Foundation

Interior Spaces

  • 638 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Crawl Space
  • Attic Fan
  • Stacked Washer and Dryer

Kitchen

  • Dishwasher
  • ENERGY STAR Qualified Appliances

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Eco-Friendly Details

  • Energy-Efficient HVAC

Schools

  • Memminger Elementary School
  • Courtenay Middle School
  • Burke High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

Overview

  • French Quarter Subdivision

Amenities

  • Elevator

Home Details

Home Type

Single Family

Year Built

Built in 1890

Lot Details

0

HOA Fees

$413 per month

Listing Details

  • Prop. Type: Residential
  • Year Built: 1890
  • Property Sub Type: Single Family Attached
  • Co List Office Phone: 843-628-0008
  • Ownership: Condominium
  • Subdivision Name: French Quarter
  • Directions: From East Bay St To Cumberland St. Building Is On Left Next To The Powder Magazine. From Meeting St Turn Right On Cumberland St Markets Gate Will Be On Your Right
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Other (Use Remarks)
  • New Construction: No
  • Efficiency: HVAC
  • 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, ENERGY STAR Qualified Appliances
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Stone, Wood
  • Interior Amenities: High Ceilings, Elevator, Walk-In Closet(s)
  • Window Features: Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Walk-In Closet(s)

Exterior Features

  • Construction Type: Brick
  • Foundation Details: Crawl Space
  • Property Condition: Pre-Owned

Garage/Parking

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

Utilities

  • Cooling: Attic Fan
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Dominion Energy
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevators, Trash
  • Association Fee: 413
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Memminger
  • High School: Burke
  • Middle Or Junior School: Courtenay

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2022
Closed on
Dec 21, 2022
Sold by
Coggiola Ann D
Bought by
Leonard Margaret and Morse Zachary
Seller's Agent
Brian Demille
The Cassina Group
Buyer's Agent
Nelson Lundberg
Dunes Properties of Chas Inc
List Price
$560,000
Sold Price
$575,000
Premium/Discount to List
$15,000
2.68%
Views
16
Current Estimated Value
$662,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,765
Avg. Annual Appreciation
4.85%

Purchase Details

Closed on
Jul 19, 2021
Sold by
Coggiola Ann D
Bought by
Degroff Joseph Edward and Degroff Debra Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2017
Sold by
Deal Samuel Broughton and Patricia Oliver Deal Revocable
Bought by
Coggiola Ann D

Purchase Details

Closed on
May 23, 2016
Sold by
Coggiola Ann D
Bought by
Deal Patricia Oliver

Purchase Details

Closed on
Feb 4, 2016
Sold by
Coggiola Anthony and Coggiola Donald A
Bought by
Coggiola Ann D

Purchase Details

Closed on
Nov 7, 2007
Sold by
Markets Gate Inc
Bought by
Coggiola Donald A
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
Leonard Margaret $575,000 --
Degroff Joseph Edward $1,900,000 None Listed On Document
Coggiola Ann D -- None Available
Deal Patricia Oliver $425,000 --
Coggiola Ann D -- --
Coggiola Donald A $469,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Degroff Joseph Edward $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2022 12/21/22 Sold $575,000 +2.7% $901 / Sq Ft
11/03/2022 11/03/22 For Sale $560,000 -- $878 / 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 $9,507 $23,000 $0 $0
2023 $2,988 $23,000 $0 $0
2022 $7,781 $29,090 $0 $0
2021 $7,685 $29,090 $0 $0
2020 $7,628 $29,090 $0 $0
2019 $7,351 $26,700 $0 $0
2017 $6,710 $25,500 $0 $0
2016 $5,948 $23,330 $0 $0
2015 $5,677 $23,330 $0 $0
2014 $5,049 $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: 22028063

CHS Regional MLS

APN: 458-09-01-339