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638 Palmetto Street

638 Palmetto Street, Mount Pleasant, SC 29464
House in Charleston
Sold Dec 13, 2021
$1,957,845
$1,761,864 by Citibank Na
Mortgage Due Jan 01, 2052
Sold Sep 25, 2020
$480,000
$550,000 by Priory Ventures Llc
Mortgage
Local assessors in Mount Pleasant, SC have categorized 638 Palmetto Street as a residential type of property. The home was built in 2021 and is 3 years old. The property's lot size has been calculated to be 10,019 square feet. The linear feet between the front and back of the lot was measured at 1,420 ft and the front of the lot was measured at 700 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 638 Palmetto Street has a total of 3,438 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. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. The building has a gable style roof that was made of asphalt. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. The home's floor/wall heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 638 Palmetto Street was last sold in Dec 6, 2021 for $1,957,845. According to our calculations, that's $569.47 per sqft. Prior to that sales transaction, the property was sold for $480,000 in Sep 10, 2020. Current property owners are expected to pay $6,938 in taxes per year. The property on 638 Palmetto Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $117,480. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Brick Exterior

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Style: Other
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 700
  • Total Building Area: 3,438
  • Gross Building Area: 2,269
  • Building Area: 3,438
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Floor/wall
  • Heated Square Feet: 3,438
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BOUNDARY HGTS
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEGAL DESCRIPTION SUBDIVISION NAME -BOUNDARY HGTS DESCRIPTION -LT 5 MAPPLATB L21 MAPPLATP 0467 SUBDIVISIONNAME MT PLEASANT LOT 5

Ownership

  • Current Owner : WILKES JOHN
  • Current Owner 2: KRANTZ GRACE A
  • Previous Owner : THOMPSON SHERI L
  • Owner Before Previous Owner: PSARAS ISADORE JOHN
  • Owner Before Previous Owner 2: PSARAS JOHNNY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charleston County School District
  • School Tax School District: MOUNT PLEASANT
  • Census Tract: 004701

Geography

  • Assessors Map Reference: MB H-169
  • District: 21
  • Parcel: 532-06-00-159
  • Lot: 5
  • Municipality: TOWN OF MT. PLEASANT
  • Latitude: 32.7884
  • Longitude: -79.8688

    Address

  • Full Address: 638 Palmetto St
  • Address - House Number: 638
  • Address - Street Name: Palmetto
  • Address - Suffix Type: St
  • State: SC
  • City Name: Mount Pleasant
  • Carrier Code: C003
  • 4-Digit Zip Code: 4441
  • Zip Code: 29464

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,938
  • Tax Rate Code Area: 2-1

    Appraisal Valuation

  • Standard Deviation: 0.2217
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 69
  • Final Value: 3,108,212
  • High Value: 3,797,605
  • Low Value: 2,418,819

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,761,864
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Dec 13, 2021
  • First Open Lien Mortgage Loan Amount: $1,761,864
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $1,958,000
  • Market Land Value: $580,000
  • Market Improvement Value: $1,378,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $117,480

    Sales

  • Current Sale Contract Date: Dec 06, 2021
  • Current Sale Recording Date: Dec 13, 2021
  • Current Sale Transaction ID: 11882875935
  • Current Sale Price: $1,957,845
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Sep 25, 2020
  • Previous Sale Contract Date: Sep 10, 2020
  • Previous Sale Amount: $480,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Dec 13, 2021
  • First Mortgage Loan Amount: $1,761,864
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PRIORY VENTURES LLC
  • Previous Mortgage Transaction Date: Sep 25, 2020
  • Previous Mortgage Loan Amount: $550,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Mount Pleasant



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Nearby Rentals

Unit for rent at

$2,600 /mo

  • 2 Beds
  • 1 Bath
  • 960 ft²
Listing by Megan Maarouf

Frequently Asked Questions

What neighborhood is 638 Palmetto Street located in?
The 638 Palmetto Street is a house located in the neighborhood of Charleston in Mount Pleasant, Mount Pleasant.
What is the average sales price for listings in 638 Palmetto Street?
The average sales price for units in 638 Palmetto Street is $525,000 , or $280/sqft. currently.

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