NOT LISTED FOR SALE

Estimated Value: $412,683 - $458,000

1 Bed
1 Bath
360 Sq Ft
$1,205/Sq Ft Est. Value

Last Sold September 14, 2021

Last sale price $295,000 $819 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,222/month

265 Days on Market

Highlights

  • Wood Flooring
  • Elevator
  • Kitchen Island
  • High Ceiling
  • Cooling Available
  • 4-minute walk to Lawrimore Park

About This Home

As of September 2021

Experience Luxury Living in this French Quarter pied a terre ideal for the single professional or as a second home. Just steps away from theaters, restaurants, shops, cafes, galleries and all you love in Charleston's historic downtown district. Built in 1890 as a warehouse, this building was revamped in 2008 to house 24 units. Today, Market's Gate remains one of the most charming condominium buildings in Charleston. The building features a secured entrance, an elevator, and close proximity to Cumberland Street Garage. Inside, you'll fall in love with the exposed brick, 14' ceilings, and heart of pine antique floors. The gourmet kitchen showcases stainless steel appliances, granite countertops and elegant dark wood cabinets. All the windows in this unit feature upgraded plantation shutters, that attribute beautiful warm natural light when opened. The bathroom features custom built in tile work along the shower, and large vanity for easy storage. A quick bike ride to MUSC or an easy stroll to waterfront park this unit is perfect for a young professional, investor, or second home for the world traveler!

Use preferred lender to buy this home and receive an incentive towards your closing costs!

Last Agent to Sell the Property

David Friedman

Keller Williams Realty Charleston License #73459 Listed on: 11/25/2020

Keller Williams Realty Charleston

Last Buyer's Agent

Heath Verner

The Cassina Group License #46849

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,170

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot

HOA Fees

  • $374 Monthly HOA Fees

Home Design

  • Metal Roof
  • Masonry

Interior Spaces

  • 360 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

Overview

  • French Quarter Subdivision

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,170

Year Built

Built in 1900

Lot Details

0

HOA Fees

$374 per month

Listing Details

  • Prop. Type: Residential
  • Year Built: 1900
  • Property Sub Type: Single Family Attached
  • Lot Size Acres: 0.08
  • Subdivision Name: French Quarter
  • Directions: From Calhoun Street, Turn Right Onto Meeting. Turn Left Onto Cumberland.
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Condominium
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Stone, Wood
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Kitchen Island, Ceiling Fan(s)
  • Window Features: Window Treatments

Exterior Features

  • Roof: Metal
  • Construction Type: Block/Masonry
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No

Utilities

  • Laundry Features: Dryer Connection
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevators, Trash
  • Association Fee: 374
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4580901327

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2020
Closed on
Sep 8, 2021
Sold by
Julianne Eager
Bought by
Obrien Suzanne
Seller's Agent
David Friedman
Keller Williams Realty Charleston
Buyer's Agent
Heath Verner
The Cassina Group
List Price
$295,000
Sold Price
$295,000
Current Estimated Value
$433,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,921
Avg. Annual Appreciation
10.27%

Purchase Details

Closed on
Mar 26, 2014
Sold by
Fordney Joseph M and Fordney Lizabeth A
Bought by
Eager Julianne

Purchase Details

Closed on
Dec 29, 2011
Sold by
Api Charleston Llc
Bought by
Fordney Joseph and Fordney Lizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2011
Sold by
Markets Gate Inc
Bought by
Api Charleston Llc

Purchase Details

Closed on
Apr 13, 2011
Sold by
Markets Gate Inc
Bought by
Eighty Five Cumberland Llc
Source: Public Records

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Range of Values:

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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
Obrien Suzanne $295,000 None Listed On Document
Eager Julianne $190,000 --
Fordney Joseph $170,000 --
Api Charleston Llc $2,905,923 --
Eighty Five Cumberland Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fordney Joseph $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2021 09/14/21 Sold $295,000 0.0% $819 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
11/25/2020 11/25/20 For Sale $295,000 -- $819 / 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
2023 $5,170 $17,700 $0 $0
2022 $4,773 $17,700 $0 $0
2021 $3,518 $13,110 $0 $0
2020 $3,492 $13,110 $0 $0
2019 $3,195 $11,400 $0 $0
2017 $3,055 $11,400 $0 $0
2016 $2,957 $11,400 $0 $0
2015 $2,825 $11,400 $0 $0
2014 $2,503 $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: 20031758

CHS Regional MLS

APN: 458-09-01-327