NOT LISTED FOR SALE

128 Cannon St Charleston, SC 29403

Cannonborough-Elliotborough Neighborhood

Estimated Value: $1,808,000 - $1,978,000

5 Beds
4 Baths
2,170 Sq Ft
$866/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $1,750,000 $806 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $11,980/month

264 Days on Market

Highlights

  • 0.13 Acre Lot
  • Central Air
  • No Heating

About This Home

As of June 2024

Multifamily property located in the STR overlay and zoned LB. Excellent location. Plans approved for two legal STR units in current structure. Additionally, there is plenty of room to build additional structure in the rear of the property. Property has 10 +/- car parking lot.

Property was just repriced to allow for the needed improvements and restructuring.

Last Agent to Sell the Property

Zack Robinson

Realty One Group Coastal License #85365 Listed on: 09/01/2023

Realty One Group Coastal

Last Buyer's Agent

Marjorie Corbin

EXP Realty LLC License #110460

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,950

Year Built

  • Built in 1840

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 5 Bedrooms
  • 2,170 Sq Ft Home
  • 2-Story Property

Schools

  • James Simons Elementary School
  • Simmons Pinckney Middle School
  • Burke High School

Utilities

  • Central Air
  • No Heating

Community Details

  • 2 Units
  • Cannonborough Elliotborough Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,950

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1840
  • Lot Size Acres: 0.13
  • Subdivision Name: Cannonborough-Elliotborough
  • Directions: Heading West On Cannon St, Pass Intersection Of Ashley Avenue And Property Is On The Right.
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bedrooms: 5

Exterior Features

  • Other Structures: No
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Other (Use Remarks)

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, Dominion Energy
  • Water Source: Public

Schools

  • Elementary School: James Simons
  • High School: Burke
  • Middle Or Junior School: Simmons Pinckney

Lot Info

  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4601104158

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2024
Sold by
Malpass Warrington and Malpass Linda Hookey
Bought by
Sea Road Rentals Llc
Current Estimated Value
$1,878,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$652,066
Interest Rate
6.35%
Mortgage Type
Construction
Estimated Equity
$1,328,057

Purchase Details

Listed on
Sep 1, 2023
Closed on
Jun 27, 2024
Sold by
128 Cannon Street Llc
Bought by
Malpass Warrington and Malpass Linda Hookey
Seller's Agent
Zack Robinson
Realty One Group Coastal
Buyer's Agent
Marjorie Corbin
EXP Realty LLC
List Price
$1,850,000
Sold Price
$1,750,000
Premium/Discount to List
-$100,000
-5.41%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.34%
Original Mortgage
$1,300,000
Interest Rate
6.86%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sea Road Rentals Llc -- None Listed On Document
Malpass Warrington $1,750,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sea Road Rentals Llc $750,000
Previous Owner 128 Cannon Street Llc $1,300,000
Previous Owner 128 Cannon St Llc $400,000
Previous Owner 128 Cannon Street Llc $1,300,000
Previous Owner Gaters F Renee $763,000
Previous Owner Gaters F Renee $296,820
Previous Owner Gaters F Renee $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $1,750,000 -5.4% $806 / Sq Ft
12/18/2023 12/18/23 Price Changed $1,850,000 0.0% $853 / Sq Ft
12/18/2023 12/18/23 For Sale $1,850,000 +5.7% $853 / Sq Ft
12/11/2023 12/11/23 Off Market $1,750,000 -- --
09/02/2023 09/02/23 For Sale $2,225,000 -- $1,025 / Sq Ft
Source: CHS Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $20,950 $73,130 $0 $0
2023 $20,950 $29,510 $0 $0
2022 $7,932 $29,510 $0 $0
2021 $7,835 $29,510 $0 $0
2020 $7,778 $29,510 $0 $0
2019 $7,112 $25,670 $0 $0
2017 $6,795 $25,670 $0 $0
2016 $6,576 $25,670 $0 $0
2015 $6,278 $25,670 $0 $0
2014 $5,402 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2024

    Zack Robinson

    Realty One Group Coastal

    (843) 819-8161

    2 in this area

    9 Total Sales

    Zack Robinson
    Section Image
  • Marjorie Corbin

    Buyer's Agent in 2024

    Marjorie Corbin

    EXP Realty LLC

    (803) 807-1928

    8 in this area

    107 Total Sales

    Marjorie Corbin
    Section Image
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Map

Source: CHS Regional MLS

MLS Number: 23020080

CHS Regional MLS

APN: 460-11-04-158

South Carolina Charleston County Charleston 29403 Cannonborough-Elliotborough

128 Cannon St, Charleston, SC

This home is located at 128 Cannon St, Charleston, SC 29403 since 01 September 2023 and is currently estimated at $1,878,372, approximately $865 per square foot. This property was built in 1840. 128 Cannon St is a home located in Charleston County with nearby schools including Mitchell Elementary School, James Simons Elementary School, and Simmons Pinckney Middle.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

CHS Regional MLS The information is being provided by Charleston Trident MLS. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2025 Charleston Trident MLS. All Rights Reserved

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