40 Morris St Charleston, SC 29403
Cannonborough-Elliotborough Neighborhood
3
Beds
3
Baths
980
Sq Ft
2,178
Sq Ft Lot
Highlights
- Charleston Architecture
- Wood Flooring
- Front Porch
- Cathedral Ceiling
- Beamed Ceilings
- 2-minute walk to DeReef Park
About This Home
As of August 2025Welcome to this 3-bed, 3-bath short term rental in a prime location. Value add opportunity to add a pool for 30% revenue increase, pool plans in documents. Recently renovated in 2021 with exquisite finishes, this home boasts a seamless blend of elegance & comfort. The great room offers plenty of natural light, creating an inviting atmosphere for gatherings & relaxation. The bedrooms are private havens, each with its own en-suite bathroom, offering comfort and convenience to guests. Outside, discover a beautifully hardscaped driveway & patio area adorned with a gas fire pit, and serene palm trees. This property is perfectly positioned for short-term rental opportunities and the luxury furniture and decor are included, making this a turnkey investment opportunity not to be missed!
Last Agent to Sell the Property
Keller Williams Realty Charleston West Ashley License #46092 Listed on: 06/21/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,930
Year Built
- Built in 1872
Lot Details
- 2,178 Sq Ft Lot
- Partially Fenced Property
- Privacy Fence
- Level Lot
Parking
- Off-Street Parking
Home Design
- Charleston Architecture
- Architectural Shingle Roof
- Wood Siding
Interior Spaces
- 980 Sq Ft Home
- 1-Story Property
- Beamed Ceilings
- Smooth Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Combination Dining and Living Room
- Crawl Space
Kitchen
- Electric Range
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
- Front Porch
Schools
- Memminger Elementary School
- Simmons Pinckney Middle School
- Burke High School
Utilities
- Central Air
- No Heating
Community Details
- Cannonborough Elliotborough Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 30, 2021
Closed on
Feb 1, 2022
Sold by
Kay 2604 Realty Llc
Bought by
Fit10 Ventures Llc
Seller's Agent
Jonathan Holt
Keller Williams Realty Charleston West Ashley
Buyer's Agent
Jonathan Holt
Keller Williams Realty Charleston West Ashley
List Price
$1,200,000
Sold Price
$1,200,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%
Original Mortgage
$900,000
Outstanding Balance
$835,642
Interest Rate
3.22%
Mortgage Type
Credit Line Revolving
Estimated Equity
$718,223
Purchase Details
Listed on
Sep 30, 2021
Closed on
Jan 25, 2022
Sold by
Kay 2604 Realty Llc
Bought by
Fit10 Ventures Llc
Seller's Agent
Jonathan Holt
Keller Williams Realty Charleston West Ashley
Buyer's Agent
Jonathan Holt
Keller Williams Realty Charleston West Ashley
List Price
$1,200,000
Sold Price
$1,200,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$835,642
Interest Rate
3.22%
Mortgage Type
Credit Line Revolving
Estimated Equity
$718,223
Purchase Details
Listed on
Sep 30, 2021
Closed on
Jan 19, 2022
Sold by
Kay 2604 Realty Llc
Bought by
Fit10 Ventures Llc
Seller's Agent
Jonathan Holt
Keller Williams Realty Charleston West Ashley
Buyer's Agent
Jonathan Holt
Keller Williams Realty Charleston West Ashley
List Price
$1,200,000
Sold Price
$1,200,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$835,642
Interest Rate
3.22%
Mortgage Type
Credit Line Revolving
Estimated Equity
$718,223
Purchase Details
Listed on
Feb 10, 2021
Closed on
Feb 19, 2021
Sold by
Smalls Walter H
Bought by
Kay 2604 Realty Llc and Two Nine 2604 Realty Llc
Seller's Agent
Gray Bailey
Carolina One Real Estate
Buyer's Agent
Jonathan Holt
Keller Williams Realty Charleston West Ashley
List Price
$275,000
Sold Price
$375,000
Premium/Discount to List
$100,000
36.36%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
244.66%
Purchase Details
Closed on
Mar 20, 2019
Sold by
Smalls Walter H and Estate Of Walter Hannibal Smal
Bought by
Smalls Walter H
Similar Homes in Charleston, SC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,200,000 | None Listed On Document | |
| Deed | $1,200,000 | None Listed On Document | |
| Deed | $1,200,000 | None Listed On Document | |
| Deed | $375,000 | Weeks & Irvine Llc | |
| Deed Of Distribution | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $900,000 | Credit Line Revolving | |
| Closed | $900,000 | Credit Line Revolving | |
| Closed | $900,000 | Credit Line Revolving | |
| Previous Owner | $600,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | Sold | $1,350,000 | -3.5% | $1,378 / Sq Ft |
| 07/11/2025 07/11/25 | Price Changed | $1,399,000 | -4.8% | $1,428 / Sq Ft |
| 02/05/2025 02/05/25 | Price Changed | $1,470,000 | -1.7% | $1,500 / Sq Ft |
| 11/04/2024 11/04/24 | Price Changed | $1,495,000 | -3.2% | $1,526 / Sq Ft |
| 06/21/2024 06/21/24 | For Sale | $1,545,000 | +28.8% | $1,577 / Sq Ft |
| 01/31/2022 01/31/22 | Sold | $1,200,000 | 0.0% | $1,224 / Sq Ft |
| 01/01/2022 01/01/22 | Pending | -- | -- | -- |
| 09/30/2021 09/30/21 | For Sale | $1,200,000 | +220.0% | $1,224 / Sq Ft |
| 02/22/2021 02/22/21 | Sold | $375,000 | +36.4% | $447 / Sq Ft |
| 02/11/2021 02/11/21 | Pending | -- | -- | -- |
| 02/10/2021 02/10/21 | For Sale | $275,000 | -- | $328 / Sq Ft |
Source: CHS Regional MLS
Tax History Compared to Growth
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 | $15,464 | $54,000 | $0 | $0 |
| 2023 | $15,464 | $54,000 | $0 | $0 |
| 2022 | $4,557 | $16,880 | $0 | $0 |
| 2021 | $3,932 | $14,700 | $0 | $0 |
| 2020 | $3,904 | $14,700 | $0 | $0 |
| 2019 | $4,092 | $14,700 | $0 | $0 |
| 2017 | $3,713 | $13,940 | $0 | $0 |
| 2016 | $3,594 | $13,940 | $0 | $0 |
| 2015 | $3,432 | $13,940 | $0 | $0 |
| 2014 | $2,956 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jonathan Holt
Seller's Agent in 2025
Jonathan Holt
Keller Williams Realty Charleston West Ashley
(843) 367-8325
27 in this area
118 Total Sales
-
Kristie Potts
Buyer's Agent in 2025
Kristie Potts
Smith Spencer Real Estate
(843) 330-7504
1 in this area
90 Total Sales
-
Gray Bailey
Seller's Agent in 2021
Gray Bailey
Carolina One Real Estate
(843) 442-1648
2 in this area
73 Total Sales
Map
Source: CHS Regional MLS
MLS Number: 24015876
APN: 460-12-01-079
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