NOT LISTED FOR SALE

493 Meeting St Charleston, SC 29403

Cannonborough-Elliotborough Neighborhood

Estimated Value: $1,074,460

2 Beds
-- Bath
1,556 Sq Ft
$691/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $499,000 $321 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $6,599/month

About This Home

As of March 2017

***COMMERCIAL PROPERTY*** (General Business Zoning) Offers amazing opportunity and is centrally located in the heart of Downtown Charleston. Potential to add 2 story 800 sq ft addition. Just 1/2 block from the upcoming $200M Mixed Use "Courier Square" development and just blocks from the Cigar Factory Luxury Condo Development. The property is zoned GB (General Business) in the City of Charleston. The driveway off of Meeting Street provides access to the deep lot and accommodates 4 parking spaces in the rear of the building. This property is currently a multi-use property with two separate apartment units and a 3rd Commercial space facing Meeting Street. With a broad range of possibilities for all Commercial use or Live/Work mixed use.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,593

Year Built

  • Built in 1852

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Triplex
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2 Bedrooms
  • 1,556 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

  • Sanders Clyde Elementary School
  • Simmons Pinckney Middle School
  • Burke High School

Utilities

  • No Cooling
  • No Heating

Community Details

  • 3 Units
  • Downtown Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,593

Year Built

Built in 1852

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1852
  • Lot Size Acres: 0.07
  • Subdivision Name: Downtown
  • Directions: Meeting St And Line St.
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Single Family Detached, Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bedrooms: 2
  • Entry Location: Ground Level

Exterior Features

  • Roof: Metal
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: Yes

Utilities

  • Cooling Y N: No
  • Heating Yn: No
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Sanders Clyde
  • High School: Burke
  • Middle Or Junior School: Simmons Pinckney

Lot Info

  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4590503101

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2019
Sold by
Line Street Partners Llc
Bought by
Lc Line Street Phase I Llc
Current Estimated Value
$1,074,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500,000
Outstanding Balance
$70,033,605
Interest Rate
3.7%
Mortgage Type
Construction
Estimated Equity
-$69,053,123

Purchase Details

Listed on
Jan 30, 2017
Closed on
Mar 28, 2017
Sold by
Atlas Land Partners Llc
Bought by
Line Street Partners Llc
Sold Price
$499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.40%

Purchase Details

Closed on
Oct 19, 2015
Sold by
Heyward James
Bought by
Atlas Land Partners Llc
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
Lc Line Street Phase I Llc -- None Available
Line Street Partners Llc $499,000 None Available
Atlas Land Partners Llc $121,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lc Line Street Phase I Llc $77,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2017 03/31/17 Sold $499,000 -- $321 / 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 $8,593 $30,300 $0 $0
2023 $8,593 $30,300 $0 $0
2022 $8,001 $30,300 $0 $0
2021 $7,901 $30,300 $0 $0
2020 $7,843 $30,300 $0 $0
2019 $8,304 $29,940 $0 $0
2017 $1,989 $7,290 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Map

Source: CHS Regional MLS

MLS Number: 17002591

CHS Regional MLS

APN: 459-05-03-101

South Carolina Charleston County Charleston 29403 Cannonborough-Elliotborough

493 Meeting St, Charleston, SC

This home is located at 493 Meeting St, Charleston, SC 29403 since 30 January 2017 and is currently estimated at $1,074,460, approximately $690 per square foot. This property was built in 1852. 493 Meeting 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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