Relevant Properties Analysis

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Relevant Properties

1541 Red Drum Rd, Mount Pleasant South Carolina 29466 Glenda Tooley

JULY 25, 2023

Susan Matthews

Coldwell Banker Realty

Comparative Market Analysis

1541 Red Drum Rd, Mount Pleasant, South Carolina 29466

Summary of Comparable Properties

S SOLD LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

2214 Sandy Point Lane

3/31/23

6

4.00

3,618.0

$1,170,000

$323

Averages

3,618

$1,170,000

$323

A ACTIVE LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

2796 Carolina Isle Drive

-

5

3.00

3,705.0

$929,000

$251

Averages

3,705

$929,000

$251

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 susan.matthews@cbcarolinas.com | www.SusanMatthewsRealtor.com

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Comparative Market Analysis

1541 Red Drum Rd, Mount Pleasant, South Carolina 29466

Comparable Property Statistics

S 1 Sold Listings

LOWEST

AVERAGE

HIGH

AVG PRICE / SQFT $323

AVG DOM 16

$1,170,000

$1,170,000

$1,170,000

A 1 Active Listings

LOWEST

AVERAGE

HIGH

AVG PRICE / SQFT $251

AVG DOM 12

$929,000

$929,000

$929,000

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 susan.matthews@cbcarolinas.com | www.SusanMatthewsRealtor.com

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Comparative Market Analysis

1541 Red Drum Rd, Mount Pleasant, South Carolina 29466

Sold Property Analysis

Averages 97.91% Homes sold for an average of 97.91% of their list price.

16 Days on market It took an average of 16 days for a home to sell.

Analysis

ADDRESS

ORIG LIST PRICE

SOLD PRICE

% OF ORIG LIST PRICE

DOM

$ PER SQFT

2214 Sandy Point Lane

-

$1,170,000

97.91% 16

$323

Averages

-

$1,170,000

97.91% 16

$323

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 susan.matthews@cbcarolinas.com | www.SusanMatthewsRealtor.com

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Comparative Market Analysis

1541 Red Drum Rd, Mount Pleasant, South Carolina 29466

2214 Sandy Point Lane Mount Pleasant, SC 29466

MLS #23002836

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 susan.matthews@cbcarolinas.com | www.SusanMatthewsRealtor.com

5

Comparative Market Analysis

1541 Red Drum Rd, Mount Pleasant, South Carolina 29466

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 susan.matthews@cbcarolinas.com | www.SusanMatthewsRealtor.com

6

Comparative Market Analysis

1541 Red Drum Rd, Mount Pleasant, South Carolina 29466

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 susan.matthews@cbcarolinas.com | www.SusanMatthewsRealtor.com

7

Comparative Market Analysis

1541 Red Drum Rd, Mount Pleasant, South Carolina 29466

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 susan.matthews@cbcarolinas.com | www.SusanMatthewsRealtor.com

8

Comparative Market Analysis

1541 Red Drum Rd, Mount Pleasant, South Carolina 29466

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 susan.matthews@cbcarolinas.com | www.SusanMatthewsRealtor.com

9

Comparative Market Analysis

1541 Red Drum Rd, Mount Pleasant, South Carolina 29466

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 susan.matthews@cbcarolinas.com | www.SusanMatthewsRealtor.com

10

Comparative Market Analysis

1541 Red Drum Rd, Mount Pleasant, South Carolina 29466

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 susan.matthews@cbcarolinas.com | www.SusanMatthewsRealtor.com

11

Comparative Market Analysis

1541 Red Drum Rd, Mount Pleasant, South Carolina 29466

2214 Sandy Point Lane Mount Pleasant, SC 29466

MLS #23002836

$1,170,000

6 Beds 4.00 Baths Year Built 2004

3,618.0 Sq. Ft. ($323 / sqft) Days on market: 16

CLOSED 3/31/23

Details

Prop Type: Single Family Detached County: Charleston Area: 41 - Mt Pleasant N of IOP Connector Subdivision: Rivertowne Features Sf Detached Style: Traditional Lot Description: Corner Lot Misc Exterior: Fence - Wooden Enclosed, Rain Gutters, Porch - Screened, Porch - Front Porch Exterior: Cement Plank Foundation: Crawl Space Garage/Parking: Attached, 2 Car Garage Stories/Levels: 3 Stories List Price/Acre: 330.29

Full baths: 3.0 Half baths: 1.0 Acres: 0.31 Lot Size (sqft): 13,503 List date: 2/8/23

Off-market date: 3/31/23 Updated: Apr 1, 2023 4:04 AM List Price: $1,195,000 Assoc Fee: $1,500 Taxes: $1,968

High: Wando Middle: Laing Elementary: Jennie Moore

Misc Interior: Ceiling - Cathedral/Vaulted, Garden Tub/Shower, Kitchen Island, Ceiling - Smooth, Window Treatments - Some, Ceiling - Tray, Walk-In Closets New Owned: Pre-Owned Master Bedroom: Ceiling Fan, Downstairs, Garden Tub/ Shower, Walk-In Closets Cooling: Central Air Floors: Ceramic Tile, Carpet, Wood

Equipment/Appliances: Dishwasher, Dryer, Disposal, Gas Cooktop, Microwave, Refrigerator, Washer Water/Sewer: Public Sewer, Public Water Utility Suppliers: Mt. P. W/S Comm, Dominion Energy Amenities: Cable TV, Pool, Tennis Court(s), Trash, Boat Dock Rooms: Eat-In-Kitchen, Family, Formal Living, Laundry, Separate Dining

Sq Ft Source: Tax Records Assessment Ratio: .04 Res of Owner to 5 Ac Legal Description: LOT 39 PHASE 4 SECTION 3 TRACT 2 Ground Level: No Potential Short Sale: No Auction: No Special Assessment: No

Variable Comp: Yes Limited Service: No

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 susan.matthews@cbcarolinas.com | www.SusanMatthewsRealtor.com

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Comparative Market Analysis

1541 Red Drum Rd, Mount Pleasant, South Carolina 29466

Owners Name: Demsheck Living Trust

Tax District: 21 - Town of Mt. Pleasant

Remarks 2214 Sandy Point Lane is not just a home address, it is your door to a fabulous lifestyle. Rivertowne on the Wando has three community docks, one of which is about 6 homes down the street. Golf cart or bike to the pool, tennis courts, basketball court, pickle ball court and playground. When entering the updated home, the formal dining is to the left, office to the right (could serve many purposes), open concept kitchen, eat in kitchen and family room. The primary bedroom with ensuite bathroom is on the first floor as well as the laundry room and half bath. On the second floor, there are 4 more bedrooms (one of which has a full ensuite bathroom) and another full bathroom. The third floor has the large 6th bedroom which can also be a great home office, home gym, etc.

Courtesy of The Boulevard Company, LLC Information is deemed reliable but not guaranteed.

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 susan.matthews@cbcarolinas.com | www.SusanMatthewsRealtor.com

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Comparative Market Analysis

1541 Red Drum Rd, Mount Pleasant, South Carolina 29466

2214 Sandy Point Lane Mount Pleasant, SC 29466

MLS #23002836

$1,170,000

6 Beds 4.00 Baths Year Built 2004

3,618.0 Sq. Ft. ($323 / sqft) Days on market: 16

CLOSED 3/31/23

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 susan.matthews@cbcarolinas.com | www.SusanMatthewsRealtor.com

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Comparative Market Analysis

1541 Red Drum Rd, Mount Pleasant, South Carolina 29466

2796 Carolina Isle Drive Mount Pleasant, SC 29466

MLS #23015280

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 susan.matthews@cbcarolinas.com | www.SusanMatthewsRealtor.com

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Comparative Market Analysis

1541 Red Drum Rd, Mount Pleasant, South Carolina 29466

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 susan.matthews@cbcarolinas.com | www.SusanMatthewsRealtor.com

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Comparative Market Analysis

1541 Red Drum Rd, Mount Pleasant, South Carolina 29466

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 susan.matthews@cbcarolinas.com | www.SusanMatthewsRealtor.com

17

Comparative Market Analysis

1541 Red Drum Rd, Mount Pleasant, South Carolina 29466

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 susan.matthews@cbcarolinas.com | www.SusanMatthewsRealtor.com

18

Comparative Market Analysis

1541 Red Drum Rd, Mount Pleasant, South Carolina 29466

2796 Carolina Isle Drive Mount Pleasant, SC 29466

MLS #23015280

$929,000

5 Beds 3.00 Baths Year Built 2003

3,705.0 Sq. Ft. ($251 / sqft) Days on market: 12

ACTIVE 7/6/23

Details

Prop Type: Single Family Detached County: Charleston Area: 41 - Mt Pleasant N of IOP Connector

Subdivision: Rivertowne Country Club

Lot Size (sqft): 11,761 List date: 7/6/23 Off-market date: 1/6/24 Updated: Jul 25, 2023 8:43 AM List Price: $929,000

Assoc Fee: $754 Taxes: $2,842 High: Wando Middle: Laing Elementary: Jennie Moore

Full baths: 2.0 Half baths: 1.0 Acres: 0.27

Features

Sf Detached Style: Traditional Lot Description: Level Misc Exterior: Deck, Fence - Metal Enclosed, Patio Roof: Architectural, Asphalt Shingle Exterior: Brick - Veneer, Vinyl Siding Foundation: Crawl Space Garage/Parking: Attached, 2 Car Garage

Misc Interior: Ceilings - 9'+, Garden Tub/Shower, Kitchen Island, Ceiling - Smooth, Ceiling - Tray, Walk-In Closets New Owned: Pre-Owned Master Bedroom: Ceiling Fan, Garden Tub/Shower, Upstairs, Walk-In Closets Cooling: Central Air Floors: Ceramic Tile, Laminate, Carpet, Wood Equipment/Appliances: Washer Hookup, Electric Dryer Hookup

Water/Sewer: Public Sewer, Public Water Heating: Forced Air, Natural Gas Utility Suppliers: Mt. P. W/S Comm, Dominion Energy Amenities: Cable TV, Club House, Club Membership Available, Pool, Park, Tennis Court(s), Trash, Walk/Jog Trails Rooms: Bonus, Eat-In-Kitchen, Family, Foyer, Laundry, Office, Pantry, Separate Dining, Sun, Utility

Sq Ft Source: Tax Records Assessment Ratio: .04 Res of Owner to 5 Ac Legal Description: LOT 92 Potential Short Sale: No Variable Comp: No Limited Service: No Tax District: 21 - Town of Mt. Pleasant

Stories/Levels: 2 Stories List Price/Acre: 250.74

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 susan.matthews@cbcarolinas.com | www.SusanMatthewsRealtor.com

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Comparative Market Analysis

1541 Red Drum Rd, Mount Pleasant, South Carolina 29466

Remarks HIGHLY MOTIVATED SELLERS. CAN ACCOMMODATE A QUICK CLOSE!!This beautifully updated home is located in the desirable Rivertowne Country Club. The home has five bedrooms, two and a half bathrooms, and over 3,700 square feet of living space. The main level features refinished hardwood flooring, an Eat in kitchen with new appliances and granite countertops, a spacious living room with a gas fireplace, a formal dining room, and a sunroom with french doors that open to the spacious backyard. The second floor has four bedrooms, including a large master bedroom with a private bathroom and walk-in closet. There is also a very large bonus room that could be used as a home office, playroom, or bedroom.

Courtesy of Carolina One Real Estate Information is deemed reliable but not guaranteed.

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 susan.matthews@cbcarolinas.com | www.SusanMatthewsRealtor.com

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Comparative Market Analysis

1541 Red Drum Rd, Mount Pleasant, South Carolina 29466

2796 Carolina Isle Drive Mount Pleasant, SC 29466

MLS #23015280

$929,000

5 Beds 3.00 Baths Year Built 2003

3,705.0 Sq. Ft. ($251 / sqft) Days on market: 12

ACTIVE 7/6/23

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 susan.matthews@cbcarolinas.com | www.SusanMatthewsRealtor.com

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