NOT LISTED FOR SALE

Estimated Value: $3,632,460

4 Beds
4 Baths
7,154 Sq Ft
$508/Sq Ft Est. Value

Sale Details

Date Sold: December 16, 2022

Last sale price $2,800,000 $391 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $23,357 / mo

518 Days on Market

Highlights

  • Deck
  • The community has rules related to allowing live work
  • Beamed Ceilings
  • Wood Flooring
  • Home Office
  • 2-minute walk to Washington Square Park

About This Home

As of December 2022

This grand mixed use building on Broad was constructed circa 1740 and once served as the studio space for famed sculptor Clark Mills. Multiple renovations and modifications have not taken away from the old world charm that make this building a quintessential Charleston live-work space. At the street level and second floor, there is a chic office layout that has been used by an advertising agency. The third and fourth floors house a comfortable and charming residential unit with four bedrooms and two full baths. Enjoy rooftop views of the city from the spacious upper deck! Beautiful old wood floors, exposed brick walls, and numerous other details make this unique property a wonderful place to live and operate a business.2 residential neighborhood parking passes convey with the residential unit in this building.

Last Agent to Sell the Property

Legrand Elebash

William Means Real Estate, LLC License #41630 Listed on: 05/19/2021

Co-Listed By

Deborah Fisher

Handsome Properties, Inc. License #9950

Last Buyer's Agent

Rene Kramer

Carolina One Real Estate License #54286

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1740

Lot Details

  • 3,049 Sq Ft Lot
  • Elevated Lot

Home Design

  • Masonry

Interior Spaces

  • 7,154 Sq Ft Home
  • 4-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Family Room
  • Home Office
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite

Outdoor Features

  • Balcony
  • Deck

Schools

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

Utilities

  • Central Air
  • Heating Available

Community Details

  • South Of Broad Subdivision
  • The community has rules related to allowing live work

Home Details

Home Type

Single Family

Year Built

Built in 1740

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Year Built: 1740
  • Property Sub Type: Single Family Attached
  • Lot Size Acres: 0.07
  • Subdivision Name: South of Broad
  • Directions: From The Corner Of Meeting And Broad, Go East On Broad. 51-53 Broad Is The Second To Last Building On The Right Before Church St.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Multi-Story
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 4
  • Structure Type: Flat, Live/Work
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Location: Ground Level
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s), Family, In-Law Floorplan, Office, Pantry
  • Master Bedroom Features: Ceiling Fan(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Lot Features: 0 - .5 Acre, High
  • Construction Type: Block/Masonry
  • Exterior Features: Balcony
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Other (Use Remarks)

Utilities

  • Cooling: Central Air
  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Dominion Energy
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Dec 14, 2022
Sold by
Juel-P Corporation and Ep Coverage Llc
Bought by
Swamp Fox On Broad Llc
Seller's Agent
Legrand Elebash
William Means Real Estate, LLC
Buyer's Agent
Rene Kramer
Carolina One Real Estate
List Price
$3,299,000
Sold Price
$2,800,000
Premium/Discount to List
-$499,000
-15.13%
Views
16
Current Estimated Value
$3,632,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$832,460
Avg. Annual Appreciation
8.26%
Original Mortgage
$1,800,000
Outstanding Balance
$164,701
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
$3,467,759

Purchase Details

Closed on
May 2, 2008
Sold by
Broad Street Lawyers Llc
Bought by
Juel P Corp and Ep Coverage Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
5.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 2008
Sold by
51-53 Broad Street Llc
Bought by
Broad Street Lawyers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
5.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 16, 1999
Sold by
Ericolas Us Inc
Bought by
51-53 Broad Street Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Swamp Fox On Broad Llc $2,800,000 None Listed On Document
Juel P Corp $2,628,000 --
Broad Street Lawyers Llc -- --
51 Broad Street Apartment Llc -- --
51-53 Broad Street Llc $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swamp Fox On Broad Llc $1,800,000
Previous Owner Juel P Corp $2,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2022 12/16/22 Sold $2,800,000 -3.4% $391 / Sq Ft
10/07/2022 10/07/22 Price Changed $2,899,000 -3.3% $405 / Sq Ft
09/13/2022 09/13/22 Price Changed $2,999,000 -1.6% $419 / Sq Ft
04/27/2022 04/27/22 Price Changed $3,049,000 -7.6% $426 / Sq Ft
05/19/2021 05/19/21 For Sale $3,299,000 -- $461 / 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 $45,540 $168,000 $0 $0
2023 $47,905 $168,000 $0 $0
2022 $33,824 $128,090 $0 $0
2021 $33,574 $128,090 $0 $0
2020 $33,326 $128,090 $0 $0
2019 $30,423 $111,380 $0 $0
2017 $172 $111,380 $0 $0
2016 $28,095 $111,380 $0 $0
2015 $26,803 $111,380 $0 $0
2014 $23,679 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 21013364

CHS Regional MLS

APN: 458-09-03-053

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