221 Ashley Ave Unit Abc Charleston, SC 29403
Cannonborough-Elliotborough NeighborhoodEstimated payment $30,549/month
Highlights
- Spa
- Carriage House
- Wood Flooring
- 0.17 Acre Lot
- Cathedral Ceiling
- 5-minute walk to Shiloh Park
About This Home
The Chapel Lofts offers an exceptional opportunity to own a legal, fully licensed, income-producing short-term rental property located in the heart of downtown Charleston. This unique offering includes three separate units totaling 13 bedrooms, with the rare bonus of 8 off-street parking spaces. Originally constructed in 1994 as a wedding chapel, the striking front building was thoughtfully renovated in 2012 to create a stunning 5-bedroom, 4.5-bath residence. Its open-concept living space boasts soaring vaulted ceilings and a spacious kitchen and lounge area ideal for entertaining. Also built in 2012, the rear carriage house features two 4-bedroom, 4-bath units, each designed with style, comfort, and guest experience in mind. Interiors throughout all three units are beautifully decoratedand updated, offering turnkey functionality for continued short-term rental success. All furnishings and decor convey with the sale for seamless operational continuity. Perfectly positioned on desirable Ashley Avenue, this property is just a short stroll to Charleston's celebrated dining, shopping, and cultural attractions. Whether you're expanding your investment portfolio or seeking a rare STR-compliant asset in Charleston, The Chapel Lofts delivers unmatched charm, income potential, and location.
Listing Agent
Keller Williams Realty Charleston West Ashley License #46092 Listed on: 05/05/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $56,493
Year Built
- Built in 1995
Lot Details
- 7,405 Sq Ft Lot
- Wrought Iron Fence
- Interior Lot
Parking
- Off-Street Parking
Home Design
- Carriage House
- Slab Foundation
- Architectural Shingle Roof
- Stucco
Interior Spaces
- 4,571 Sq Ft Home
- 2-Story Property
- Smooth Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Window Treatments
- Combination Dining and Living Room
Kitchen
- Eat-In Kitchen
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Stone
- Ceramic Tile
Bedrooms and Bathrooms
- 13 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Spa
- Balcony
- Patio
Schools
- Mitchell Elementary School
- Simmons Pinckney Middle School
- Burke High School
Utilities
- Central Air
- Heat Pump System
Community Details
- Cannonborough Elliotborough Subdivision
Map
Home Values in the Area
Average Home Value in this Area
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 | $56,493 | $198,000 | $0 | $0 |
| 2023 | $56,493 | $198,000 | $0 | $0 |
| 2022 | $52,425 | $198,000 | $0 | $0 |
| 2021 | $16,310 | $61,680 | $0 | $0 |
| 2020 | $17,407 | $61,680 | $0 | $0 |
| 2019 | $15,903 | $57,720 | $0 | $0 |
| 2017 | $15,105 | $57,720 | $0 | $0 |
| 2016 | $14,696 | $57,720 | $0 | $0 |
| 2015 | $14,027 | $57,720 | $0 | $0 |
| 2014 | $14,363 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/05/2025 05/05/25 | For Sale | $4,850,000 | 0.0% | $1,061 / Sq Ft |
| 05/05/2025 05/05/25 | For Sale | $4,850,000 | -- | $1,061 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $4,400,000 | None Listed On Document | |
| Warranty Deed | $4,400,000 | None Listed On Document | |
| Deed | $385,000 | -- | |
| Deed | -- | -- | |
| Deed | $700,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $392,020 | New Conventional | |
| Previous Owner | $2,445,000 | New Conventional | |
| Previous Owner | $825,000 | Commercial | |
| Previous Owner | $650,000 | Seller Take Back | |
| Previous Owner | $797,000 | Purchase Money Mortgage |
Source: CHS Regional MLS
MLS Number: 25012402
APN: 460-11-04-081
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