61 Amherst St Unit A & B Charleston, SC 29403
East Side Neighborhood
6
Beds
--
Bath
2,392
Sq Ft
3,485
Sq Ft Lot
Highlights
- Property is near a bus stop
- Stacked Washer and Dryer
- 2-minute walk to Mary Watson Park
- Central Air
- Heat Pump System
About This Home
As of September 2024Newly built in 2017! This turn-key duplex is the perfect investment property. Both units have 3 bedrooms with 2.5 baths, 2 porches, tall ceilings, an open floor plan with granite counters, a large seated island, stainless appliances, and stackable standard washers and dryers which can convey. The new owner could live in the upper unit and enjoy $38K+ gross rental income from the lower unit, or enjoy $80K+ gross rental income by leasing both units and increasing rent to the current market rate. You could convert one or both into furnished monthly rentals to capitalize on greater income potential. This property is located in a fabulous spot on the peninsula within walking distance to Marion Square and two blocks from King St and some of the most sought-after restaurants, bars, shops,the upcoming Low-line, The Cigar Factory and more in Charleston. Units are separately metered, and tenants pay their utilities therefore no complicated utility use agreements. The property is in an X flood zone, flood insurance is not required for lending. There is ample space in the rear to construct an elevated carriage house which could provide a new owner with a 3rd rental apartment or provide covered parking for 3 vehicles. Buyer to confirm zoning and permitting with the city. Flat roof, cement board siding and parking for at least 3 cars. Unit B upstairs has recently been painted as well! Make your appointment soon to see this well maintained duplex!
Last Agent to Sell the Property
Lois Lane Properties License #61683 Listed on: 08/12/2024
Last Buyer's Agent
Nonmember Licensee
NONMEMBER LICENSEE
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,195
Year Built
- Built in 2017
Parking
- Open Parking
Home Design
- Duplex
Interior Spaces
- 6 Bedrooms
- 2,392 Sq Ft Home
- 2-Story Property
- Crawl Space
- Dishwasher
- Stacked Washer and Dryer
Schools
- Sanders Clyde Elementary School
- Simmons Pinckney Middle School
- Burke High School
Utilities
- Central Air
- Heat Pump System
Additional Features
- 3,485 Sq Ft Lot
- Property is near a bus stop
Community Details
- 2 Units
- Eastside Subdivision
Listing and Financial Details
- Tenant pays for all utilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 12, 2024
Closed on
Sep 13, 2024
Sold by
Six-One Amherst Llc
Bought by
Karavan Christopher
Seller's Agent
Keelin Love
Lois Lane Properties
Buyer's Agent
Nonmember Licensee
NONMEMBER LICENSEE
List Price
$1,200,000
Sold Price
$1,170,000
Premium/Discount to List
-$30,000
-2.5%
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,617
Avg. Annual Appreciation
8.34%
Purchase Details
Closed on
Oct 8, 2021
Sold by
Tesson Brian J
Bought by
Six One Amherst Llc
Purchase Details
Listed on
Dec 26, 2017
Closed on
Mar 29, 2018
Sold by
Preservation Development Llc
Bought by
Tesson Brian J
Seller's Agent
Jason Pee
Charleston GPS, LLC
Buyer's Agent
Keelin Love
Lois Lane Properties
List Price
$829,500
Sold Price
$819,500
Premium/Discount to List
-$10,000
-1.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%
Original Mortgage
$655,600
Interest Rate
4.46%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 20, 2017
Sold by
Preservation Property Company Llc
Bought by
Preservation Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,725
Interest Rate
3.97%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 16, 2017
Sold by
63 Amherst Llc
Bought by
Preservation Property Company Llc
Purchase Details
Closed on
Nov 13, 2015
Sold by
Jjr Development Llc
Bought by
Preservation Property Company Llc
Purchase Details
Closed on
Sep 12, 2010
Sold by
Greater Beard Chapel A M E Church
Bought by
Greene Edward
Purchase Details
Closed on
Dec 20, 2007
Sold by
Navarro Matthew and Navarro Michael E
Bought by
Greene Edward
Purchase Details
Closed on
Feb 4, 2005
Sold by
Bailey Germaine
Bought by
Greene Edward
Purchase Details
Closed on
Jan 24, 2005
Sold by
Nelson Doris
Bought by
Greene Edward
Purchase Details
Closed on
Jan 11, 2005
Sold by
Navarro Sherise
Bought by
Greene Edward
Similar Homes in Charleston, SC
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,170,000 | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Deed | $819,500 | First American Mortgage Solu | |
| Deed | -- | None Available | |
| Quit Claim Deed | $5,600 | None Available | |
| Deed | $173,000 | -- | |
| Deed | $140,000 | -- | |
| Deed | -- | -- | |
| Deed | $31,892 | Attorney | |
| Deed | $20,000 | -- | |
| Deed | $20,000 | -- | |
| Deed | $20,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $638,000 | New Conventional | |
| Previous Owner | $655,600 | New Conventional | |
| Previous Owner | $454,725 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/16/2024 09/16/24 | Sold | $1,170,000 | 0.0% | $489 / Sq Ft |
| 09/16/2024 09/16/24 | Sold | $1,170,000 | -2.5% | $489 / Sq Ft |
| 08/12/2024 08/12/24 | For Sale | $1,200,000 | 0.0% | $502 / Sq Ft |
| 08/12/2024 08/12/24 | For Sale | $1,200,000 | +46.4% | $502 / Sq Ft |
| 04/20/2018 04/20/18 | Sold | $819,500 | -1.2% | $373 / Sq Ft |
| 02/01/2018 02/01/18 | Pending | -- | -- | -- |
| 12/26/2017 12/26/17 | For Sale | $829,500 | -- | $377 / Sq Ft |
Source: CHS Regional MLS
Tax History Compared to Growth
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 | $4,195 | $32,780 | $0 | $0 |
| 2023 | $4,195 | $32,780 | $0 | $0 |
| 2022 | $3,939 | $49,170 | $0 | $0 |
| 2021 | $4,136 | $32,780 | $0 | $0 |
| 2020 | $4,292 | $32,780 | $0 | $0 |
| 2019 | $4,365 | $32,780 | $0 | $0 |
| 2017 | $2,691 | $10,380 | $0 | $0 |
| 2016 | $2,742 | $10,380 | $0 | $0 |
| 2015 | $532 | $1,640 | $0 | $0 |
| 2014 | $593 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
K
Seller's Agent in 2024
Keelin Love
Lois Lane Properties
-
N
Buyer's Agent in 2024
Nonmember Licensee
NONMEMBER LICENSEE
-
J
Seller's Agent in 2018
Jason Pee
Charleston GPS, LLC
Map
Source: CHS Regional MLS
MLS Number: 24020396
APN: 459-09-02-037
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