NOT LISTED FOR SALE

Estimated Value: $1,025,000 - $1,419,000

3 Beds
3.5 Baths
1,551 Sq Ft
$799/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $1,275,000 $822 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $8,969/month

3 Days on Market

Highlights

  • Deck
  • Balcony
  • Eat-In Kitchen
  • High Ceiling
  • Thermal Windows
  • Dual Closets

About This Home

As of September 2023

Located 1/2 block from Downtown Charleston's iconic King Street, 39 Spring B is a beautifully designed fully stocked/furnished short term rental, licensed and legal with the City of Charleston under STR Operational Permit OP2022-03200. Immersed in the vibrant heart of Downtown, 39 Spring is mere steps from the city's premier dining, nightlife, and shopping destinations. Constructed in 2003, unit B seamlessly blends modern convenience with timeless elegance. This income producing property was completely renovated from Sept. 2022 - March 2023 and has been operating as a STR since April 1st 2023. Unit B consists of 3 bedrooms with 4 beds, and 3 1/2 baths. It is the only unit with a dual primary suite setup and 3rd full bathroom. Unit B has designated off-street parking, and a 97%WalkScore. Each bedroom is projected to gross 50-60k on an annual basis.

Last Listed By

Saralouise 'SL' Saad

IOP Residential Real Estate License #109635 Listed on: 08/11/2023

IOP Residential Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,942

Year Built

  • Built in 2003

Lot Details

  • 6,316

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Raised Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,551 Sq Ft Home
  • 3-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Window Treatments
  • Insulated Doors
  • Family Room
  • Combination Dining and Living Room
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • Garden Bath

Eco-Friendly Details

  • Energy-Efficient HVAC

Outdoor Features

  • Balcony
  • Deck
  • Rain Gutters

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Cannonborough Elliotborough Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,942

Year Built

Built in 2003

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Prop. Type: Residential
  • Year Built: 2003
  • Property Sub Type: Single Family Attached
  • Ownership: Condominium
  • Subdivision Name: Cannonborough-Elliotborough
  • Directions: From King Turn On To Spring. Property Is 1/2 Block From King On The Left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 3 Stories
  • New Construction: No
  • Efficiency: HVAC
  • Property Attached Yn: Yes
  • Building Stories: 3
  • Structure Type: Condominium
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator, Washer/Dryer Stacked, ENERGY STAR Qualified Appliances
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Some Thermal Door(s)
  • Fireplace: No
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Garden Tub/Shower, Kitchen Island, Walk-In Closet(s), Eat-in Kitchen, Family, Living/Dining Combo
  • Window Features: Some Thermal Wnd/Doors, Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Garden Tub/Shower, Multiple Closets, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Asphalt
  • Lot Features: 0 - .5 Acre
  • Construction Type: Wood Siding
  • Exterior Features: Balcony, Rain Gutters
  • Foundation Details: Raised Slab
  • Other Structures: No
  • Patio And Porch Features: Deck
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, Dominion Energy
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4600804072
  • Tax Annual Amount: 4942

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Sep 6, 2023
Sold by
Lzl Sc Ventures Llc
Bought by
39 Spring Street Llc
Seller's Agent
Saralouise 'SL' Saad
IOP Residential Real Estate
Buyer's Agent
Caroline Votaw
The Boulevard Company
List Price
$1,450,000
Sold Price
$1,275,000
Premium/Discount to List
-$175,000
-12.07%
Total Days on Market
3
Views
5
Current Estimated Value
$1,238,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,469
Avg. Annual Appreciation
0.02%

Purchase Details

Closed on
Aug 30, 2022
Sold by
Huber Jennifer M
Bought by
Lzl Sc Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2003
Sold by
Wlw Associates Llc
Bought by
Huber Jennifer M and Huber James T

Range of Values:

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Average Value
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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
39 Spring Street Llc $1,275,000 None Listed On Document
Lzl Sc Ventures Llc $1,000,000 --
Huber Jennifer M $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lzl Sc Ventures Llc $900,000
Previous Owner Huber James T $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $1,275,000 -12.1% $822 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $1,450,000 -- $935 / 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 $21,845 $45,000 $0 $0
2022 $4,942 $18,340 $0 $0
2021 $4,881 $18,340 $0 $0
2020 $4,846 $18,340 $0 $0
2019 $4,431 $15,950 $0 $0
2017 $4,234 $15,950 $0 $0
2016 $4,098 $15,950 $0 $0
2015 $3,913 $15,950 $0 $0
2014 $3,369 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: CHS Regional MLS

MLS Number: 23018261

CHS Regional MLS

APN: 460-08-04-072