45 Cannon St Unit A Charleston, SC 29403
Cannonborough-Elliotborough NeighborhoodEstimated Value: $1,095,000 - $1,874,000
3
Beds
3
Baths
1,431
Sq Ft
$1,096/Sq Ft
Est. Value
Highlights
- Deck
- High Ceiling
- Ceiling Fan
- Charleston Architecture
- Eat-In Kitchen
- 4-minute walk to DeReef Park
About This Home
As of August 2021Welcome to 45 Cannon Street! This historic duplex was built circa 1910 and has undergone a large renovation over the past year. This is a legally zoned short-term rental just two blocks away from King Street and nestled in the beautiful Cannonborough-Elliotborough neighborhood. This home is located in the heart of Charleston and within walking distance to Ladles, Babas, The Ordinary, Chez Nous, and many more local bars and restaurants. The most noteworthy owner of this home was Dr. Hoffman, a prestigious African American physician who served the black community and 45 Cannon was the office he worked from. This house has been stripped to the studs and has been given a complete makeover. Julia Martin was the architect for this home's revival.This house has two separate units that have been refurbished in the same urban style. As you walk into Unit A, you are greeted by an open kitchen with a cozy dining nook. The kitchen has all brand-new stainless steel appliances. To the left of the kitchen, there is a very spacious living area with windows creating plenty of beautiful natural light. To the right of the kitchen, there is a bedroom and bathroom that includes an open glass shower with ceramic tile throughout. In Unit B, when you go through the door, there are stairs to enter which gives this unit a loft feel. Once you're up the stair you are greeted with a partial kitchen that includes brand-new stainless steel appliances (mini-fridge/freezer, cooktop and sink) and an inviting living space. To the right, there is a bedroom that features a walk-in closet and a personal bathroom. On the other side of the home there is a large bedroom that has exposed wooden beams and tons of natural light. This home is spectacular and in a prime location, don't miss out on this opportunity!
- Downstairs, UNIT A: 746 // 1BDR, 1BA
- Upstairs, UNIT B: 685 // 2BDR, 2BA
- TOTAL, 1,431 square feet
- TOTAL, 3 Bedrooms // 3 Baths
- Turn-key short-term rental opportunity
- Termite Bond
- X- Flood zone
- All furniture to convey
- Architect, Julia Martin
- Renovated down to the studs in 2021
- Wifi 6 access points and CAT 5 for commercial grade internet
- In the Cannonborough-Elliotborough neighborhood
- Survey and Elevation Certificate available
- 2-Parking spots across the street available to rent/ negotiable
Last Agent to Sell the Property
Brand Name Real Estate License #94853 Listed on: 07/16/2021
Last Buyer's Agent
Nonmember Licensee
NONMEMBER LICENSEE
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,123
Year Built
- Built in 1910
Lot Details
- 871
Home Design
- Charleston Architecture
- Metal Roof
- Wood Siding
Interior Spaces
- 1,431 Sq Ft Home
- 2-Story Property
- High Ceiling
- Ceiling Fan
- Window Treatments
- Eat-In Kitchen
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Deck
Schools
- Mitchell Elementary School
- Courtenay Middle School
- Burke High School
Utilities
- No Cooling
- No Heating
Community Details
- Cannonborough Elliotborough Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 16, 2021
Closed on
Aug 28, 2021
Sold by
Baba Joons Llc
Bought by
Torres Malcolm and Torres Jennifer
Seller's Agent
JJ Rahnamoon
Brand Name Real Estate
Buyer's Agent
Nonmember Licensee
NONMEMBER LICENSEE
List Price
$1,115,500
Sold Price
$1,115,500
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$453,559
Avg. Annual Appreciation
9.73%
Original Mortgage
$780,850
Outstanding Balance
$723,435
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$868,729
Purchase Details
Closed on
Jun 15, 2020
Sold by
Charleston Empire Properties Llc
Bought by
Bqba Joon S Llc
Purchase Details
Closed on
Dec 2, 2019
Sold by
Cochran Jarred R
Bought by
Charleston Empire Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
3.75%
Mortgage Type
Balloon
Purchase Details
Closed on
Nov 1, 2011
Sold by
Cochran Harriet P
Bought by
Cochran Jarred R
Similar Homes in the area
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Torres Malcolm | $1,115,500 | None Listed On Document | |
| Bqba Joon S Llc | -- | None Available | |
| Charleston Empire Properties Llc | $390,000 | None Available | |
| Cochran Jarred R | $90,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Torres Malcolm | $780,850 | |
| Previous Owner | Charleston Empire Properties Llc | $620,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/27/2021 08/27/21 | Sold | $1,115,500 | 0.0% | $780 / Sq Ft |
| 07/28/2021 07/28/21 | Pending | -- | -- | -- |
| 07/16/2021 07/16/21 | For Sale | $1,115,500 | -- | $780 / 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 |
|---|---|---|---|---|
| 2023 | $19,123 | $66,900 | $0 | $0 |
| 2022 | $17,765 | $66,900 | $0 | $0 |
| 2021 | $5,935 | $22,380 | $0 | $0 |
| 2020 | $5,892 | $22,380 | $0 | $0 |
| 2019 | $2,437 | $8,610 | $0 | $0 |
| 2017 | $2,331 | $8,610 | $0 | $0 |
| 2016 | $2,257 | $8,610 | $0 | $0 |
| 2015 | $2,157 | $8,610 | $0 | $0 |
| 2014 | $1,766 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
JJ Rahnamoon
Seller's Agent in 2021
JJ Rahnamoon
Brand Name Real Estate
(843) 607-6893
2 in this area
190 Total Sales
-
N
Buyer's Agent in 2021
Nonmember Licensee
NONMEMBER LICENSEE
Map
Source: CHS Regional MLS
MLS Number: 21019493
APN: 460-12-01-036
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