NOT LISTED FOR SALE

Estimated Value: $207,000 - $625,000

0.11 Acre
$3,664,091 Price per Acre
4,792 Sq Ft Lot

Last Sold June 22, 2020

Last sale price $308,000 $259 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,489/month

34 Days on Market

Highlights

  • Elevated Lot
  • Level Lot
  • 2-minute walk to Mary Watson Park

About This Lot

As of June 2020

9 Hanover Street in Downtown Charleston is vacant land ready for development of TWO houses. The Building Plans are complete and the Building Permits have been issued. This includes Full BAR/Zoning approvals. Permits are transferrable. Houses are 2163ft 4 bedroom, 4 bath and 1370sft 3 bedroom, 3 bath. This is a Flood Zone X for both houses, so no flood insurance required. The survey shows high ground elevations, nice sloped drainage to the street. Property Survey is available and site plan includes four off-street parking spaces. Building A (Front House) - 2,163 SF. 3 Floors. 4 Bedrooms, 4 Baths, including a large master suite on the 3rd floor. The first floor is an open concept living/kitchen and the first bedroom with full bath accessible from hall area for combined guest usage.Kitchen has center bar counter with space for seating four. The second floor has two bedrooms each with en-suite bathrooms, one with shower and the other tub/shower combination. There is a 90sft covered piazza and the laundry room is located on second floor. The third floor has the fourth bedroom which is the master bedroom with private en-suite bathroom. The bedroom is unique with multiple dormer windows which make for great sitting/lounge area or home office space. The master bathroom has both shower and separate tub along with two vanities.
Building B (Rear House)  1,370 SF, 2 Floors. 3 Bedrooms, 3 Baths. The first floor is an open concept with nice-sized kitchen including center island featuring seating for four. A first floor guest bedroom is located at the front of the house and a full bath with shower is accessed from the hall adjacent to this bedroom. The second floor has two bedrooms. The master bedroom has a walk-in closet as well as a full master bathroom with dual vanity, private water closet and large shower. The third bedroom includes an en-suite bathroom with shower. The laundry room is located on the second floor with space for stacked or side-by-side washer/dryer, leaving options for shelving or cabinetry and extra storage.
The site plan is laid out for each home to have two off-street parking spaces, four parking spaces in total. A full HVAC Plan has been developed and is very practical for this Raised slab house. 20" open web trusses between floors to allow for efficient Duct plan for HVAC systems. Architectural Set of plans has all BAR comments incorporated into the plans, and Structural plans are very detailed.
The new owners for this property do not have to be seasoned developers for this to be a successful project. All the planning and design work has been completed in preparation for this build, making this a turn-key project ready for immediate start. The seller has a Construction Bid in hand and will be shared during due diligence with the potential buyer.

Great area of town, with lots of new houses and newly renovated houses on this block. Three blocks to heart of King Street with shops, restaurants, bars.

Last Listed By

Jennifer Lepage

AgentOwned Realty Charleston Group License #48140 Listed on: 03/31/2020

AgentOwned Realty Charleston Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,667

Year Built

  • 1973

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x120
  • Elevated Lot
  • Level Lot
  • Rough Grade
  • Site Plan Filed

Schools

  • Sanders Clyde Elementary School
  • Simmons Pinckney Middle School
  • Burke High School

Utilities

  • No Utilities

Community Details

  • Eastside Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$3,667

Year Built

1973

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.11
  • Lot Size: 40x120
  • Road Frontage Type: City Street
  • Subdivision Name: Eastside
  • Directions: Hanover Street Between Two Blocks North Of South Street On West Side Of Street.
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1973

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: High, Level

Garage/Parking

  • Open Parking: No

Utilities

  • Electricity On Property: No
  • Utilities: None

Schools

  • Elementary School: Sanders Clyde
  • High School: Burke
  • Middle Or Junior School: Simmons Pinckney

Lot Info

  • Development Status: Other, Rough Grade, Site Plan Filed
  • Lot Size Sq Ft: 4791.6
  • Number Of Lots: 1
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4590902020
  • Tax Annual Amount: 3666.6

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2023
Sold by
Kilpatrick Thomas D and White Mazie L
Bought by
Hnd 2 Developers Llc
Total Days on Market
34
Current Estimated Value
$403,050

Purchase Details

Closed on
Apr 22, 2005
Sold by
Va
Bought by
White Mazie L

Range of Values:

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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
Hnd 2 Developers Llc $160,000 None Listed On Document
White Mazie L $26,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2020 06/22/20 Sold $308,000 0.0% $259 / Sq Ft
05/23/2020 05/23/20 Pending -- -- --
03/31/2020 03/31/20 For Sale $308,000 -- $259 / 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 $2,873 $210 $0 $0
2022 $124 $210 $0 $0
2021 $125 $210 $0 $0
2020 $126 $210 $0 $0
2019 $99 $0 $0 $0
2017 $99 $1,920 $0 $0
2016 $99 $1,920 $0 $0
2015 $99 $1,920 $0 $0
2014 $160 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Similar Property in Charleston, SC

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Source: CHS Regional MLS

MLS Number: 20008898

CHS Regional MLS

APN: 461-13-03-019