$66,300 | 4 beds | 4 full baths | N/A half baths | 2,111 sqft

$74,100
115 Cedar Grove Drive UNIT A & B
North Charleston, SC 29420
  • 4Beds
  • 4Full Baths
  • N/AHalf Baths
  • 2,111SqFt
  • 1984Year Built
  • 0.15Acres
  • MLS# 1408453
  • Residential
  • Single Family Detached
  • Sold

  • Approx Time on Market2 months,
  • AreaNorth Charleston/summerville/ladson Dorchester
  • CountyDorchester
  • Subdivision Dorchester Manor

Overview

*** NOW FOR SALE *** THIS IS NOT ONE BUT TWO UNITS, YES THE ENTIRE DUPLEX FOR $66300....AWESOME OPPORTUNITY IN AN AWESOME MARKET *** Located in Dorchester Manor, the Airport, Interstate, Restaurants, Shops and more are all easily accessible from this CENTRALIZED LOCATION! Even better, it's situated within the AWARD WINNING DORCHESTER II SCHOOL DISTRICT! With supply and DEMAND being the core factor to a Market, one can only assume that DEMAND WILL BE STRONG since this is the only property for sale in the neighborhood! First, lets talk statistics. This MLS Area (61) saw an increase in sales in 2013 of 20% and the Median Sale price increased by 4.5% and most would be very happy with those numbers BUT....what if I TOLD YOU THAT IN THE FIRST TWO MONTHS OF 2014 THIS MLS AREA (61) SAW AN INCREASE OF SALES BY 8.9% AND MEDIAN PRICE INCREASE OF 32%...WOW? Now, that's just flat out ridiculous(buyer or buyer agent to confirm accuracy)! BUT....what if I were to tell you that in this MLS AREA (61) the MEDIAN PRICE PER SQ FT in 2013 was $87 and that ours is listed at $31(MLS Areas encompass a lot of communities so do not mistake for neighborhood or multi-family stats only)! Do I have your attention now...? 115 Cedar Grove Drive is a (4) Bedroom, (4) FULL BATH, 2111 DUPLEX with each unit(A,B) being identical and so it breaks down to a (2) Bedroom, (2) FULL BATH 1050 sq ft unit that has historically brought in $650.00($1300 total) a month in rental income...WOW! Yes, you read that correctly, $1300 a month which is almost 20% GROSS ROI....EPIC! There's plenty of parking on the paved driveways and each unit boasts a (1) story floor-plan with wall to wall carpet and FIREPLACE in the Living Rooms. The Kitchen and SEPARATE DINING AREA boast HARDWOOD FLOORS and OUTSIDE ACCESS TO THE COVERED PATIO! Please note that one of the units appears to have APPLIANCES that DO CONVEY! As I mentioned earlier and one of the most attractive features to this Listing is that each Bedroom has its OWN FULL BATH! The Bedrooms are equipped with wall to wall carpet and ceiling fans. With no HOA fee's and the property does not appear to require flood insurance, this could be one of the most AFFORDABLE OPPORTUNITIES for an End User as you could live in one and rent the other. I don't even need to point out the obvious reasons it's ATTRACTIVE for an Investor. The bottom line is that when you COMBINE LITTLE SUPPLY, AMAZING PRICING AND AN AWESOME MARKET TO A NEW LISTING, YOU GET A SOLD LISTING! DON'T BE CAUGHT ON THE SIDELINES SO HURRY UP AND SCHEDULE YOUR VIEWING! ***SPECIAL FINANCING MAY BE AVAILABLE*** AGENTS MUST READ NOTES *** Buyer to confirm accuracy of all information provided.



Sale Info

Listing Date: 03-29-2014

Sold Date: 05-30-2014

Aprox Days on Market: 
    2 month(s), 0 day(s)

Listing Sold: 
   10 Year(s), 5 month(s), 15 day(s) ago

Original Asking Price: $74,100

Asking Price: $66,300

Selling Price: $74,100

Price Difference From Original: 
Same as Original Price

Price Difference From Asking: 
Increase $7,800

Agriculture / Farm

Grazing Permits Forest Service:  No

Grazing Permits Private:  No

Grazing Permits Blm:  No

Horse:  No

Farm Credit Service Incl:  No

Association Fees / Info

Bathroom Info

Fullbaths:  4

Building Info

Levels:  One

Year Built:  1984

Floors:  Vinyl

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Misc Ext:  Covered

Pool Private:  No

Style:  Ranch

Garage / Parking

Gar Pkg:  Off Street

Garage:  No

Attached Garage:  No

Green / Env Info

Interior Features

Desclocation:  Family Room

Interior Features:  Ceiling - Blown, Ceiling Fan(s), Eat-in Kitchen, Family, Entrance Foyer

Fireplace:  Yes

Laundry Features:  Dryer Connection, Laundry Room

Lot Info

Lot Size:  0.15

Lot Desc:  Level

Lot Size Units:  Acres

Lot Dimensions:  60 X 105

Acres:  0.15

Lot Sqft:  6534

Irrigation Water Rights:  No

Offer Compensation

Other

Mobile Home Remains:  No

Property Info

Property Type:  A

Stories:  1

Foundation:  Slab

Exterior:  Brick Veneer

New Construction:  No

Roof:  Asphalt

Building Area Units:  Square Feet

Special:  Corporate Owned

Entry Location:  Ground Level

View:  No

Home Warranty:  No

Habitable Residence:  No

Room Info

Beds:  4

Sale / Lease Info

Sold Date:  2014-05-30T00:00:00

Lease Renewal Option:  No

Lease Considered:  No

Lease Assignable:  No

Special Features

Sqft Info

Sqft:  2111

Unit Info

Unit:  A & B

Utilities / Hvac

Water Source:  Public

Utilities:  Charleston Water Service, SCE & G

Heating:  Yes

Heat:  Heat Pump

Water Sewer:  Public Sewer

Cooling:  Yes

Waterfront / Water

Waterfront:  No

Schools

Elem:  Windsor Hill

Middle:  Oakbrook

High:  Ft. Dorchester

Directions

Enter Dorchester Manor From Ashley Phosphate. Left Onto Cedar Grove.

Courtesy of listing office Fred Holland Realty 

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Price & Status History (on kennedyrealty.com since Sat, Mar 29th 2014)
  • Original Price: $74,100
  • Current Price: $66,300
  • Price Reduced: $7,800
Date ChangedFromTo
04/14/2021$74,100 $66,300 Reduced by $7,800

Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Carolina One Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 11-14-2024 6:06 PM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 11-14-2024 6:06 PM EST est.

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