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5050 Rivers Avenue

5050 Rivers Avenue, Charleston, SC 29406
Property in Charleston
Local assessors in Charleston, SC have categorized 5050 Rivers Avenue as a commercial type of property. The home was built in 1988 and is 36 years old. The property's lot size has been calculated to be 39,204 square feet. The linear feet between the front and back of the lot was measured at 800 ft and the front of the lot was measured at 1,050 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5050 Rivers Avenue has a total of 5,600 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Residents rely on no air conditioning for their cooling system. The home's a heat pump is the primary heating source. The property was last sold in Jan 15, 2019 for $550,000. That's $98.21 per sqft. Prior to that sales transaction, the property was also sold in Apr 15, 2016 for $415,000. 5050 Rivers Avenue was last assessed in 2022. The total value of the property was assessed at $33,000. 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 $10,070. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 2
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 39,204
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 5,600
  • Gross Building Area: 2,420
  • Building Area: 5,600
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 5,600
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: FERNDALE
  • Land Acres: 0.9
  • Standard Land Use Code: Commercial (general)
  • County Land Use Code: Personal property general
  • Legal Description 1: LEGAL DESCRIPTION SUBDIVISION NAME -FERNDALE DESCRIPTION -LOT 6B OF LOT 6 SEC 19 PLATSUFFIX R-9 POLTWP 004

Ownership

  • Current Owner : AZALEA MOTORS II LLC
  • Previous Owner : FERNALD FRANCES
  • Previous Owner 2: THE ESTATE OF LANNEAU JAMES MA
  • Owner Before Previous Owner: THOMPSON ELIZABETH
  • Owner Before Previous Owner 2: MADDOX KAREN D
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Charleston County School District
  • School Tax School District: N CHARLESTON
  • Census Tract: 003300

Geography

  • Assessors Map Reference: MB R-9
  • District: 43
  • Parcel: 472-16-00-310
  • Lot: 6
  • Municipality: CITY OF NORTH CHARLESTON
  • Latitude: 32.8858
  • Longitude: -80.0083

    Address

  • Full Address: 5050 Rivers Ave
  • Address - House Number: 5050
  • Address - Street Name: Rivers
  • Address - Suffix Type: Ave
  • State: SC
  • City Name: North Charleston
  • Carrier Code: C042
  • 4-Digit Zip Code: 6304
  • Zip Code: 29406

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,070
  • Tax Rate Code Area: 4-3

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $707,000
  • First Open Lien Mortgage Lender: UNITED COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Jan 16, 2019
  • First Open Lien Mortgage Loan Amount: $707,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $550,000
  • Market Land Value: $400,000
  • Market Improvement Value: $150,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $33,000

    Sales

  • Current Sale Contract Date: Jan 15, 2019
  • Current Sale Recording Date: Jan 16, 2019
  • Current Sale Transaction ID: 11563670909
  • Current Sale Price: $550,000
  • Current Sale Document Type: Quit Claim Deed
  • Previous Sale Recording Date: Apr 19, 2016
  • Previous Sale Contract Date: Apr 15, 2016
  • Previous Sale Amount: $415,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED COMMUNITY BANK
  • First Mortgage Transaction Date: Jan 16, 2019
  • First Mortgage Loan Amount: $707,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About North Charleston



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Frequently Asked Questions

What neighborhood is 5050 Rivers Avenue located in?
The 5050 Rivers Avenue is a located in the neighborhood of Charleston in North Charleston, Charleston.
What is the average sales price for listings in 5050 Rivers Avenue?
The average sales price for units in 5050 Rivers Avenue is $0 currently.

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