52 Mariners Cay Drive, Folly Beach, SC 29439
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52 Mariners Cay Drive, Folly Beach, SC 29439

$640,000

STATUS: For Sale MLS #: 24009196 Days on Market: 18
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The views of Folly River are breathtaking from this first-floor condo in Mariners Cay! Your mornings will consist of sipping coffee while you marvel at the boats and dolphins swimming by... This 2 bedroom, 2 bath unit is ready for you to move in and CHILL OUT! This unit was lovingly renovated by the owners for their enjoyment, and the attention to detail shows. With new SS appliances, new shaker cabinetry in the kitchen with soft close drawers and doors, all new 5-in baseboard and custom crown molding, new shaker doors with craftsman trim work, durable LVP flooring throughout, and a wine bar offering extra storage for all of your 5'oclock cocktail needs. Most of the W Mariners Cay units are 2 story so the one-floor unit is rare! In addition, this unit has two external storage closetsand a porch that is twice the size of a majority of these units. The open kitchen, dining, and living space offer easy entertaining, but you are more than likely going to be spending most of your time outside! Step through the new sliding glass doors and out onto your porch. Here you will find the best views in Charleston at this price point. The sun will rise to your left and set to your right, pictures simply do not do it justice. The primary bedroom faces the Folly River and you don't even have to leave your bed to see dolphins! You will notice that the entire exterior has just undergone a major renovation. The assessment for that renovation is fully paid off. HOA covers water, landscaping, exterior building maintenance and insurance, flood insurance, termite bond, gate, pool, tennis, boat ramp, and grounds maintenance. Slips at the marina are sold separately. No STRs allowed, minimum lease restriction is 30 days. Homeowners are open to selling the unit furnished (with some exclusions) with an acceptable offer.

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Listing Provided by Realty One Group Coastal
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Address: 52 Mariners Cay Drive
State: SC
Zip: 29439
County: Charleston

About Me

About MeHome ValuationExposure to Buyers

What makes me different and more worthy than any other agent? Great Question…

1.) I have been in the real estate industry since 1998

 

2.) At 29 years old I founded a wholesale mortgage firm here in Charleston and as such being the President/CEO I was responsible for overseeing 13 team members, two branches, ALL the marketing functions, business development, training of real estate agents in financing, training of my loan officers, and making sure over $85 Million in loans got closed. Of which most were purchases. So I have REAL business knowledge and real estate is business vs an agent without that savvy business skills.

 

3.) I graduated from University of S.C. where my major was media arts. What’s that mean? What you are reading right now is media. Everything you see and hear is media. Everything on a computer is digital media, websites, video, photographs, and audio. I studied video production, photography/lighting courses, audio recording, and more. Even post cards, billboards, news paper are ALL media, print media. (Although it’s an antiquated media). With that knowledge your home will have the most beautiful representation to the prospective buyers, instead of most of what you see out there (poorly lit, poorly framed, bad photos and video that put off buyers).

 

4.) 95% OF ALL REAL ESTATE TRANSACTIONS BEGIN WITH THE INTERNET… PERIOD, IT IS FACT. I am a digital internet marketing expert. I consult other businesses on how to harness the internet’s power through web design, SEO (search engine optimization), content marketing, image marketing, user experience design, online ad management and more.

When listing a home for sale there isn't an exact science to it, but what is required is knowing all the facts, and that's where I come in. What's a home valuation really anyway?

Estimating the value of real property is important to a variety reasons, but for most people, determining the asking or purchase price of a property is the most useful application of real estate valuation. This article will provide an introduction to the basic concepts and methods of real estate valuation, particularly as it pertains to real estate sales.

That's all well and good, however what most home owners in Charleston SC and the U.S. really want to know is what's my property worth now if I were to try to sell it? The most common method  that 90% of listing agent use is: 

The Sales Comparison Approach.

 

Value -
A main consideration in appraising is to determine a property’s value: the present worth of future benefitsarising from the ownership of real property. Unlike many consumer goods such as oil, lumber, food, etc. that are quickly used, the benefits of real property are generally realized over a long period of time. Therefore, an estimate of a property’s value must take into consideration economic and social factors, as well as governmental controls or regulations and environmental conditions that may influence the four elements of value:

 

  • Demand – the desire or need for ownership supported by the financial means to satisfy the desire;
  • Utility – the ability to satisfy future owners’ desires and needs;
  • Scarcity – the finite supply of competing properties
  • Transfer-ability – the ease with which ownership rights are transferred.

– What have the homes that are MOST comparable to yours (subject property) sold for recently per sq ft., and  what is currently for sale (taking into account scarcity from above)?

 

– What are the prices being asked by your competing listings in and around your neighborhood.

 

Other Factors inside the two primary ones above include: (age of home, physical features, location, conditions of the sale, economic conditions)

 


MLS ID: 24009196
List Price: $640,000
Bedrooms: 2
Full Baths: 2
Half Baths: N/A
Total Square Feet: 13692
Elementary School: James Island
Middle School: Camp Road
Subdivision: Mariners Cay
Home Style:
Year Built: 1982
Days On Market: 18
Lot Size: acres
Outdoor & Yard Description:
Dock - Shared
River Access
River Front
Waterfront - Deep
Seawall
In Ground
Boat Ramp
Clubhouse
Gated
Lawn Maint Incl
Marina
Pool
RV/Boat Storage
Tennis Court(s)
Trash
Ceiling - Smooth
Kitchen Island
Charleston Water Service
Dominion Energy
Bath
Bedroom
Gas Log
Two
Storm Window(s)
ENERGY STAR Qualified Windows
Ceiling Fan(s)

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