NOT LISTED FOR SALE

40 Spring St Charleston, SC 29403

Cannonborough-Elliotborough Neighborhood

Estimated Value: $1,732,000 - $2,526,000

4 Beds
2.5 Baths
2,711 Sq Ft
$808/Sq Ft Est. Value

Last Sold May 01, 2018

Last sale price $790,000 $291 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $13,335/month

6 Days on Market

Highlights

  • Charleston Architecture
  • Separate Formal Living Room
  • Formal Dining Room
  • Wood Flooring
  • High Ceiling
  • Front Porch

About This Home

As of May 2018

Don't miss out on this great downtown opportunity!!!! A two-story Charleston classic style home located just one-half block from King on Spring Street. This property has unlimited potential either as a residence or a commercial investment. This location is zoned GB. The downstairs includes a kitchen, two smaller bedrooms, separate living room, and dining room (currently being used as an office). The upstairs has a kitchen, two large bedrooms, a family room and an enclosed porch. The first floor also includes a nice sized storefront area with half bath previously used as a sweet shop in years past. Additional features are exterior porches, a separate driveway for several cars, and a nice sized walled in yard. Renovations and upgrades are needed but the location is as good as it gets.

Last Agent to Sell the Property

Owen Welling

AgentOwned Realty Preferred Group License #56450 Listed on: 02/28/2018

AgentOwned Realty Preferred Group

Last Buyer's Agent

Gettys Glaze

AgentOwned Realty Charleston Group License #11345

AgentOwned Realty Charleston Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $775

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Charleston Architecture
  • Architectural Shingle Roof
  • Wood Siding
  • Masonry

Interior Spaces

  • 2,711 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Wood Flooring
  • Crawl Space
  • Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Front Porch

Schools

  • Memminger Elementary School
  • Simmons Pinckney Middle School
  • Burke High School

Utilities

  • Cooling Available
  • No Heating

Community Details

  • Elliottborough Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$775

Year Built

Built in 1900

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Charleston Single
  • Year Built: 1900
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.09
  • Ownership: Fee Simple
  • Subdivision Name: Elliottborough
  • Directions: From King Street Turn Onto Spring Street. Property Will Be The First House On The Right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: Ground Level
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: High Ceilings, Ceiling Fan(s), Family, Formal Living, Entrance Foyer, Separate Dining
  • Window Features: Window Treatments - Some
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Architectural
  • Lot Features: Level
  • Construction Type: Block/Masonry, Wood Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Front Porch
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Laundry Features: Dryer Connection
  • Cooling Y N: Yes
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, SCE & G
  • Water Source: Public

Schools

  • Elementary School: Memminger
  • High School: Burke
  • Middle Or Junior School: Simmons Pinckney

Lot Info

  • Lot Size Sq Ft: 3920.399999
  • ResoLotSizeUnits: Acres

Multi Family

Tax Info

  • Tax Annual Amount: 774.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2025
Sold by
40 Spring Llc
Bought by
Carroll Custom Homes Inc
Current Estimated Value
$2,190,113

Purchase Details

Closed on
Nov 13, 2019
Sold by
Bennett Robert T
Bought by
40 Spring Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2019
Sold by
Bennett Robert T
Bought by
40 Spring Llc

Purchase Details

Listed on
Feb 28, 2018
Closed on
May 1, 2018
Sold by
Mcbeth Florence
Bought by
Bennett Robert T
Seller's Agent
Owen Welling
AgentOwned Realty Preferred Group
Buyer's Agent
Gettys Glaze
AgentOwned Realty Charleston Group
List Price
$790,000
Sold Price
$790,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.78%
Original Mortgage
$612,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carroll Custom Homes Inc $2,425,000 None Listed On Document
Carroll Custom Homes Inc $2,425,000 None Listed On Document
40 Spring Llc -- None Listed On Document
Bennett Robert T $478,411 None Listed On Document
Stone Fred A $478,411 None Listed On Document
40 Spring Llc -- None Available
Bennett Robert T -- None Available
40 Spring Llc -- None Available
Bennett Robert T $790,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bennett Robert T $1,040,000
Previous Owner Bennett Robert T $128,700
Previous Owner Bennett Robert T $612,000
Previous Owner Bennett Robert T $76,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2018 05/01/18 Sold $790,000 0.0% $291 / Sq Ft
04/01/2018 04/01/18 Pending -- -- --
02/28/2018 02/28/18 For Sale $790,000 -- $291 / Sq Ft
Source: CHS Regional MLS

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 $21,767 $69,000 $0 $0
2023 $19,718 $69,000 $0 $0
2022 $18,320 $69,000 $0 $0
2021 $18,092 $69,000 $0 $0
2020 $17,959 $69,000 $0 $0
2019 $3,951 $29,600 $0 $0
2017 $806 $7,640 $0 $0
2016 $775 $7,640 $0 $0
2015 $799 $7,640 $0 $0
2014 $768 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Owen Welling

    Seller's Agent in 2018

    Owen Welling

    AgentOwned Realty Preferred Group

    (843) 297-2209

    16 Total Sales

    Owen Welling
    Section Image
  • Gettys Glaze

    Buyer's Agent in 2018

    Gettys Glaze

    AgentOwned Realty Charleston Group

    (843) 452-6998

    2 in this area

    174 Total Sales

    Gettys Glaze
    Section Image
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Map

Source: CHS Regional MLS

MLS Number: 18005362

CHS Regional MLS

APN: 460-08-02-024

South Carolina Charleston County Charleston 29403 Cannonborough-Elliotborough

40 Spring St, Charleston, SC

Not Listed for Sale

Detached

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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. © 2026 Charleston Trident MLS. All Rights Reserved

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