NOT LISTED FOR SALE

85 Cumberland St Unit 6 Charleston, SC 29401

French Quarter Neighborhood

Estimated Value: $432,184 - $462,000

1 Bed
1 Bath
360 Sq Ft
$1,233/Sq Ft Est. Value

Last Sold September 14, 2021

Last sale price $295,000 $819 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,180/month

265 Days on Market

Highlights

  • Wood Flooring
  • Elevator
  • Kitchen Island
  • High Ceiling
  • Cooling Available
  • 4-minute walk to Lawrimore Park

About This Home

As of September 2021

Experience Luxury Living in this French Quarter pied a terre ideal for the single professional or as a second home. Just steps away from theaters, restaurants, shops, cafes, galleries and all you love in Charleston's historic downtown district. Built in 1890 as a warehouse, this building was revamped in 2008 to house 24 units. Today, Market's Gate remains one of the most charming condominium buildings in Charleston. The building features a secured entrance, an elevator, and close proximity to Cumberland Street Garage. Inside, you'll fall in love with the exposed brick, 14' ceilings, and heart of pine antique floors. The gourmet kitchen showcases stainless steel appliances, granite countertops and elegant dark wood cabinets. All the windows in this unit feature upgraded plantation shutters, that attribute beautiful warm natural light when opened. The bathroom features custom built in tile work along the shower, and large vanity for easy storage. A quick bike ride to MUSC or an easy stroll to waterfront park this unit is perfect for a young professional, investor, or second home for the world traveler!

Use preferred lender to buy this home and receive an incentive towards your closing costs!

Last Agent to Sell the Property

David Friedman

Keller Williams Realty Charleston License #73459 Listed on: 11/25/2020

Keller Williams Realty Charleston

Last Buyer's Agent

Heath Verner

The Cassina Group License #46849

The Cassina Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot

HOA Fees

  • $374 Monthly HOA Fees

Home Design

  • Metal Roof
  • Masonry

Interior Spaces

  • 360 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Dryer Hookup

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

Overview

  • French Quarter Subdivision

Amenities

  • Elevator

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

HOA Fees

$374 per month

Listing Details

  • Prop. Type: Residential
  • Year Built: 1900
  • Property Sub Type: Single Family Attached
  • Lot Size Acres: 0.08
  • Subdivision Name: French Quarter
  • Directions: From Calhoun Street, Turn Right Onto Meeting. Turn Left Onto Cumberland.
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Condominium
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Stone, Wood
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Kitchen Island, Ceiling Fan(s)
  • Window Features: Window Treatments

Exterior Features

  • Roof: Metal
  • Construction Type: Block/Masonry
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No

Utilities

  • Laundry Features: Dryer Connection
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevators, Trash
  • Association Fee: 374
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2020
Closed on
Sep 8, 2021
Sold by
Julianne Eager
Bought by
Obrien Suzanne
Seller's Agent
David Friedman
Keller Williams Realty Charleston
Buyer's Agent
Heath Verner
The Cassina Group
List Price
$295,000
Sold Price
$295,000
Current Estimated Value
$444,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,046
Avg. Annual Appreciation
10.15%

Purchase Details

Closed on
Mar 26, 2014
Sold by
Fordney Joseph M and Fordney Lizabeth A
Bought by
Eager Julianne

Purchase Details

Closed on
Dec 29, 2011
Sold by
Api Charleston Llc
Bought by
Fordney Joseph and Fordney Lizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2011
Sold by
Markets Gate Inc
Bought by
Api Charleston Llc

Purchase Details

Closed on
Apr 13, 2011
Sold by
Markets Gate Inc
Bought by
Eighty Five Cumberland Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Obrien Suzanne $295,000 None Listed On Document
Eager Julianne $190,000 --
Fordney Joseph $170,000 --
Api Charleston Llc $2,905,923 --
Eighty Five Cumberland Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fordney Joseph $127,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2021 09/14/21 Sold $295,000 0.0% $819 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
11/25/2020 11/25/20 For Sale $295,000 -- $819 / 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 $5,676 $17,700 $0 $0
2023 $5,170 $17,700 $0 $0
2022 $4,773 $17,700 $0 $0
2021 $3,518 $13,110 $0 $0
2020 $3,492 $13,110 $0 $0
2019 $3,195 $11,400 $0 $0
2017 $3,055 $11,400 $0 $0
2016 $2,957 $11,400 $0 $0
2015 $2,825 $11,400 $0 $0
2014 $2,503 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Friedman

    Seller's Agent in 2021

    David Friedman

    Keller Williams Realty Charleston

    (843) 999-0654

    2 in this area

    861 Total Sales

    David Friedman
    Section Image

  • H

    Buyer's Agent in 2021

    Heath Verner

    The Cassina Group

    (843) 425-9047

    1 in this area

    53 Total Sales

    Heath Verner
    Section Image
See All Agents

Map

Source: CHS Regional MLS

MLS Number: 20031758

CHS Regional MLS

APN: 458-09-01-327

South Carolina Charleston County Charleston 29401 French Quarter

85 Cumberland St Unit 6, Charleston, SC

Not Listed for Sale

Detached

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

Nearby Homes