Sold Dec 15, 2021
$775,000
Seller
$548,250
by First-citizens Bank &trust Com
Mortgage Due Jan 01, 2052
Sold Apr 26, 2021
$625,000
Buyer
Seller
$548,000
by Movement Mortgage
Mortgage Due May 01, 2051
1 Race Street has been categorized by the local assessors in Charleston, SC as a residential type of property.
The building on the property was first built in 1930 and is 94 years old.
The home has a total of 5 bedrooms.
Residents will have access to 2 full bathrooms.
There are 2 partial bathrooms in the home.
This is a single story building so stairs are not necessary to access other parts of the home.
In addition, 1 Race Street has 2,438 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The linear feet between the front and back of the lot is 1,120 ft and across the front of the lot is 400 ft.
The area measurement of the land has been determined as 4,356 square feet.
Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. Residents will have the luxury of enjoying a open porch. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1 Race Street was last sold in Dec 8, 2021 for $775,000. According to our calculations, that's $317.88 per sqft. Prior to that sales transaction, the property was sold for $625,000 in Apr 13, 2021. Current property owners are expected to pay $12,877 in taxes per year. The property on 1 Race Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $46,500. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. Residents will have the luxury of enjoying a open porch. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1 Race Street was last sold in Dec 8, 2021 for $775,000. According to our calculations, that's $317.88 per sqft. Prior to that sales transaction, the property was sold for $625,000 in Apr 13, 2021. Current property owners are expected to pay $12,877 in taxes per year. The property on 1 Race Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $46,500. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
This property description is generated based on publicly available data.
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