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22 Formosa Dr; Charleston, SC Property Details

22 Formosa Dr, Charleston, SC is a Single Family that was built in 1926. This property is currently Financed and is not for sale. Our records show that 22 Formosa Dr has 6 bedrooms, and 2.5 bathrooms, and a total of 2,440 square feet. The lot size of 22 Formosa Dr is 22,216 square feet.

Off market
22 Formosa Dr Charleston, SC 29407
$1,380,000 Estimated Value
6 Beds
2.5 Baths
2,440 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1926
  • Purchase Price: $845,000
  • Open Loans / Balance: 1 / $1,578,698
  • Est. Equity / %: $-19,698 / -1.26%
  • Gross Yield: 9.561%
  • APN: 421-13-00-061
  • Situs County: Charleston
  • Length Of Ownership: 6 years, 4 months

Rooms

  • Bedrooms: 6
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Brick veneer
  • Roof Type: Gable
  • Porch Type: Open
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 2,440/SqFt
  • Lot: 22,216/SqFt
  • Gross: 2,440/SqFt
  • Living: 2,440/SqFt
  • Building: 2,440/SqFt
  • Ground: 1,088/SqFt
  • Price Per Square Foot: $346.31

Legal Description

  • Description: SUBDIVISION NAME -WAPPOO HEIGHTS DESCRIPTION -LOT 5-A
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Charleston County School District
  • Lat / Lon: 32.77258 / -79.97652
  • Subdivision: Wappoo Heights
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 7405
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $50
  • H O A Amount: $50
  • H O A One Frequency: Monthly
  • H O A One Name: Oak Grove Center Property Owners Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

22 Formosa Dr has no associated ownership info
22 Formosa Dr has no associated ownership info.

Taxes

22 Formosa Dr has 10 associated Taxes items

22 Formosa Dr, Charleston, SC pays taxes in Charleston County, SC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $1,380,000. The APN we've located for 22 Formosa Dr is 421-13-00-061.

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Taxes
  • Assessed Value:  $1,380,000
  • Assessed Year:  2025
  • Assessed County:  Charleston
  • APN:  421-13-00-061
  • Assessed Land Value:  402500
  • Market Land Value:  529900
  • Tax Amount:  6607.92
  • Tax Year:  2025
  • Market Value:  2172600
  • Market Year:  2025

Tax History

22 Formosa Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,380,000 Land Value $402,500 Improvement Value $977,500 Tax Amount $6,607.92 Change Rate +0.088046% Assessed CR Tax Rate +0.004788%
Year 2024 Assessed Value $48,000 Land Value Improvement Value Tax Amount $6,073.2 Change Rate -0.694144% Assessed CR Tax Rate +0.126525%
Year 2023 Assessed Value $48,000 Land Value Improvement Value Tax Amount $19,856.4 Change Rate +0.472243% Assessed CR Tax Rate +0.413675%
Year 2022 Assessed Value $50,700 Land Value Improvement Value Tax Amount $13,487.18 Change Rate +0.012561% Assessed CR Tax Rate +0.266019%
Year 2021 Assessed Value $50,700 Land Value Improvement Value Tax Amount $13,319.87 Change Rate +3.413988% Assessed CR Tax Rate +0.262719%
Year 2020 Assessed Value $22,820 Land Value Improvement Value Tax Amount $3,017.65 Change Rate +0.13994% Assessed CR Tax Rate +0.132237%
Year 2019 Assessed Value $19,580 Land Value Improvement Value Tax Amount $2,647.2 Change Rate +0.01884% Assessed CR Tax Rate +0.135199%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $2,598.25 Change Rate +0.01725% Assessed CR Tax Rate
Year 2017 Assessed Value $21,580 Land Value Improvement Value Tax Amount $2,554.19 Change Rate +0.044018% Assessed CR Tax Rate +0.118359%
Year 2016 Assessed Value $21,580 Land Value Improvement Value Tax Amount $2,446.5 Change Rate -0.032897% Assessed CR Tax Rate +0.113369%
Year 2015 Assessed Value $21,580 Land Value Improvement Value Tax Amount $2,529.72 Change Rate +0.187233% Assessed CR Tax Rate +0.117225%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $2,130.77 Change Rate Assessed CR Tax Rate