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2 Water Street

2 Water Street, Charleston, SC 29401
Property in Charlestowne
Sold Dec 07, 2016
$6,200,000
$250,000 by Eaton Community Bank
Mortgage Due Apr 15, 2032
Sold May 12, 2000
$1,950,000
2 Water Street in Charleston, SC was first built in 1810 and is 214 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 7 partial bathrooms. 2 Water Street has 7,748 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 2,180 ft and the linear feet between the front and back of the lot is 340. In total, the area measurement of the land is 7,405 square feet.

Learn more about the property and building on this page. There is a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a mansard style roof. The exterior walls of the home are made of brick. As for heating, the home is utilizing a heat pump and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Dec 6, 2016 for $6,200,000. That's $800.21 per sqft. Prior to that sales transaction, the property was also sold in May 9, 2000 for $1,950,000. 2 Water Street was last assessed in 2022. The total value of the property was assessed at $256,020. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $30,587. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1810
  • Effective Year Built: 1810
  • Bedroom Count: 6
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Exterior Walls Type: Brick
  • Roof Shape Type: Mansard
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 340
  • Lot Size Frontage Feet: 2,180
  • Total Building Area: 7,748
  • Gross Building Area: 7,748
  • Building Area: 7,748
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 7,748
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WATER STREET
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEGAL DESCRIPTION DESCRIPTION -2 AND 4 WATER AND E BAY SITE NAME -AND 2 1/2 WATER ST PLATSUFFIX K10-348 POLTWP 002

Ownership

  • Current Owner : KUHN JOHN R
  • Current Owner 2: KUHN AUGUSTA P
  • Previous Owner : DUNNAN JOHN M
  • Previous Owner 2: DUNNAN MEREDITH P
  • Owner Before Previous Owner: CHILDS RICE ELEANOR
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Charleston County School District
  • School Tax School District: CHARLESTON
  • Census Tract: 000200

Geography

  • Assessors Map Reference: MB K10-348
  • District: 71
  • Parcel: 458-13-01-078
  • Municipality: CITY OF CHARLESTON
  • Latitude: 32.7727
  • Longitude: -79.9278

    Address

  • Full Address: 2 Water St
  • Address - House Number: 2
  • Address - Street Name: Water
  • Address - Suffix Type: St
  • State: SC
  • City Name: Charleston
  • Carrier Code: C001
  • 4-Digit Zip Code: 2710
  • Zip Code: 29401

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $30,587
  • Tax Rate Code Area: 7-1

    Appraisal Valuation

  • Standard Deviation: 0.4922
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 1
  • Final Value: 3,848,253
  • High Value: 5,742,638
  • Low Value: 1,953,867

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $750,000
  • First Open Lien Mortgage Lender: EATON COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Apr 22, 2022
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 15, 2032
  • Second Open Lien Mortgage Lender: BEACON COMMUNITY BANK
  • Second Open Lien Mortgage Recording Date: Feb 15, 2024
  • Second Open Lien Mortgage Loan Amount: $500,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Feb 13, 2034

    Market Valuation

  • Market Total Value: $6,400,400
  • Market Land Value: $1,702,200
  • Market Improvement Value: $4,698,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $256,020

    Sales

  • Current Sale Contract Date: Dec 06, 2016
  • Current Sale Recording Date: Dec 07, 2016
  • Current Sale Transaction ID: 1889184278
  • Current Sale Price: $6,200,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 12, 2000
  • Previous Sale Contract Date: May 09, 2000
  • Previous Sale Amount: $1,950,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Mortgage Transaction Date: Dec 07, 2016
  • First Mortgage Loan Amount: $3,720,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2047

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Frequently Asked Questions

What neighborhood is 2 Water Street located in?
The 2 Water Street is a located in the neighborhood of Charlestowne in Charlestowne, Charleston.
What is the average sales price for listings in 2 Water Street?
The average sales price for units in 2 Water Street is $0 currently.

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